Metro Vancouver home prices could return to peak levels in a year: CMHC
Posted on Oct 28, 2019 in Real Estate
The Canada Mortgage and Housing Corporation report predicts Metro Vancouver will have a balanced housing market, with moderate increases to home prices.
According to a Canada Mortgage and Housing Corporation forecasts Metro Vancouver should keep their eyes out on seeing higher sales and quite modest price changes (increases) over the next two years...
Approach housing challenges with logic and leave out the bureaucracy
Posted on Oct 20, 2019 in Real Estate
Lost in all the rhetoric, attacks and scandals of the federal election campaign has been the concerns of home builders, realtors, brokers and home buyers about housing.
It is getting less attainable, due in no small part by interventions of governments, their agencies and independent federal agencies such as the Office of the Superintendent of Finan...
Metro Vancouver moves forward with new taxes for housing and parks
Posted on Oct 07, 2019 in Real Estate
These proposals would add about $8 to every property tax bill in the region
Metro Vancouver has recently approved two new additions that will be added to its 2020 budget, this could possibly add around $8 to the average property tax bill of every home in the Metro Vancouver region.
By an unanimous vote, the board approved including in its draft budge...
Owners of West Vancouver’s iconic ‘Pink Palace’ plan redevelopment
Posted on Oct 06, 2019 in Real Estate
The owners of West Vancouver’s iconic Villa Maris – more popularly known as the Pink Palace – are looking to redevelop the building along with the Shoreland apartments on Bellevue Avenue.
If you live in West Vancouver then you definitely have seen the Pink Palace, The buildings have been owned by the Lachman family for the last 50 years, but family...
Vancouver's housing market is stabilizing after a policy-driven slump
Posted on Oct 04, 2019 in Real Estate
Lately in Vancouver, there have been signs that the most expensive home market in Canada, (Vancouver) May be coming back as its home sales has raised 46 per cent in September.
This is third consecutive month now, that the number of properties sold is raised from the same period last year. However the prices are still dropping, the benchmark home pri...
Vancouver ranked Canada’s #1 for real estate investment in 2020
Posted on Sep 30, 2019 in Real Estate
“Despite headwinds” in housing, PwC forecasts strong commercial sector combined with likely residential recovery makes Vancouver the hottest market to watch
The PwC Canada Emerging Trends has recently ranked Vancouver to be the best spot in Canada if you're looking for real estate investment in 2020, in their Real Estate report.
In the “Markets to Wa...