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Blog by Kevin Wong

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BC Home Sales to Rise in 2013

August 30th, 2012
BCREA 2012 Third Quarter Housing Forecast Update

Vancouver, BC – August 30, 2012. The British Columbia Real Estate Association (BCREA) released its 2012 Third Quarter Housing Forecast Update today.

BC Multiple Listing Service® (MLS®) residential sales are forecast to edge down 4 per cent to 73,400 units this year, before increasing 7.5 per cent to 78,900 units in 2013. Since 2009, M ...

Vancouver Housing Affordability Declines in Second Quarter

August 29th, 2012

While owning a single-family detached bungalow in Vancouver would take up 91 per cent of a typical household’s pre-tax income according to an RBC report, a Vancouver mortgage broker doesn’t expect a huge drop in prices anytime soon.

Mortgage broker Dave Foran said he expects the market to pick up in September, once the normal summer lull is over.

While prices have come down a bit ...

Coming Soon to a Suburb Near You: New Highrise Developments in Greater Vancouver!!

August 29th, 2012

Highrise towers are no longer solely a downtown Vancouver phenomenon.

Developers are building and proposing highrise buildings along transit corridors in Burnaby and Surrey.

In fact, the highest building in B.C. could some day be in Burnaby if an ambitious plan by Shape Properties at Brentwood Town Centre is approved.

Burnaby council is considering a conceptual master plan by Shape P ...

Central Park BS OPEN HOUSE!!

August 20th, 2012

We are proud to announce that this Aug 25th, 2:00 PM to 4:00 PM we will be hosting an Open House at 5833 WILSON Ave in the Central Park BS neighborhood, Burnaby South. This is an opportunity to visit this excellent Condo for sale in beautiful Central Park BS.

Please come with any questions you may have. In the meantime you can take a virtual tour of this Central Park BS Condo for sale.

...

Marpole OPEN HOUSE!!

August 20th, 2012

We are proud to announce that this Aug 25th, 2:00 PM to 4:00 PM we will be hosting an Open House at 911 64TH Ave W in the Marpole neighborhood, Vancouver West. This is an opportunity to visit this excellent House for sale in beautiful Marpole.

Please come with any questions you may have. In the meantime you can take a virtual tour of this Marpole House for sale.

As always please do not h ...

BCREA: Housing Market Update (August 2012)

August 16th, 2012

Central Park BS OPEN HOUSE!!

August 10th, 2012

We are proud to announce that Saturday, Aug 18th, 2:00 PM to 4:00 PM we will be hosting an Open House at 5833 WILSON Ave in the Central Park BS neighborhood, Burnaby South. This is an opportunity to visit this excellent Condo for sale in beautiful Central Park BS.

Please come with any questions you may have. In the meantime you can take a virtual tour of this Central Park BS Condo for sale ...

Marpole OPEN HOUSE!!

August 10th, 2012

We are proud to announce that this Sunday, Aug 12th, 2:00 PM to 4:00 PM we will be hosting an Open House at 911 64TH Ave W in the Marpole neighborhood, Vancouver West. This is an opportunity to visit this excellent House for sale in beautiful Marpole.

Please come with any questions you may have. In the meantime you can take a virtual tour of this Marpole House for sale.

As always please ...

Real Estate Board of Greater Vancouver Video Market Update: July 2012

August 9th, 2012

Vancouver Real Estate Market In Full Retreat

August 7th, 2012
Realtors are calling it a “summer lull,” but the latest statistics show Vancouver’s housing market is mired in a 10-year low for sales with no immediate end in sight.

Each month is starting to look worse than the previous one for Canada’s most expensive housing market as property sales in July dropped 11.2% from June — marking a decade low for activity.

The news for Vancouver comes ...

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