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Blog by Kevin Wong

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Canadians Still Pay 62% More for a Home Than in U.S.

April 23rd, 2013

The price gap between homes in Canada and the United States remains “yawning” despite the changing fortunes of the two real estate markets, but that’s bound to change.

The U.S. housing market, where the financial crisis began, has been on the upswing after years of depression, while the Canadian market has cooled over the past several months as policy makers try to engineer a sof ...

43-Storey Condo Tower Proposed for Yaletown

April 23rd, 2013
 A major development proposal for a 43-storey condo tower in Yaletown will now go through a public hearing process after Vancouver city council received staff recommendations on Tuesday.

Included in the project proposal is the creation of up to 81 new units of below-market housing close by.

Wall Financial Corp. is seeking to rezone its property at 1320 Richards St., near Drake, ...

1403 8871 LANSDOWNE Road, Brighouse, Richmond, British Columbia NEW LISTING!!

April 23rd, 2013

I just finished uploading this Condo for sale, 1403 8871 LANSDOWNE Road, Brighouse, Richmond, British Columbia

Spectacular 180 degree view of mountains & city from the 14th floor. Many updates in this 2 bedroom, bathroom home. Bright open plan with bedrooms separated from each other. Laminate H/W floors, newer paint & tiles, updated main bathroom. P roblem free building in core area near Lan ...

BC Real Estate Association: Housing Market Update (April 2013)

April 16th, 2013

March 2013 Housing Market Update - Real Estate Board of Greater Vancouver

April 11th, 2013

Metro Vancouver Poised for Office Capacity Boom

April 9th, 2013

Downtown Vancouver and outlying suburbs are on the cusp of a nation-leading jump in commercial real estate capacity, but market experts are only mildly concerned about the risk of a glut that would drive down prices.

In the downtown alone, developers are moving ahead with six major office and towers, leaving veteran industry observers to wonder if the Metro region’s economy is robu ...

Canadian Housing Market Remains Chilly, but Maybe That’s a Good Thing

April 9th, 2013
There are fresh signs of cooling in the Canadian housing market, but analysts say fears of a major crash have yet to materialize.

Canada Mortgage and Housing Corp. reported Tuesday that the pace of housing starts crept up slightly last month from February, despite a drop in the number of single dwellings begun in some urban markets.

Starts in March totalled 12,273 or 184,028 annua ...

Real Estate Eyes Focus on North Vancouver

April 9th, 2013
Is the North Shore the next big real estate play?

That's the question posed at the April 9 Vancouver Real Estate Forum, which, for the first time in its nearly two-decade history is eying up the North Shore as the next investment hot spot.

The forum is slated to include Park Royal Shopping Centre vice-president Rick Amantea, as well as Beau Jarvis, vice-president of development at ...

Home Sale Activity Improves But Remains Below Historical Averages

April 3rd, 2013

Lower levels of both supply and demand in recent months are holding home prices in check in the Greater Vancouver housing market.

The Real Estate Board of Greater Vancouver (REBGV) reports that residential property sales in Greater Vancouver reached 2,347 on the Multiple Listing Service® (MLS®) in March 2013. This represents an 18.3 per cent decrease compared to the 2,874 sales recor ...

19 7370 STRIDE Ave, Edmonds BE, Burnaby East, British Columbia NEW LISTING!!

April 3rd, 2013

I just finished uploading this Townhouse for sale, 19 7370 STRIDE Ave, Edmonds BE, Burnaby East, British Columbia

Wonderfully quiet! 2 level, 2 bedroom, 2 bathroom east facing corner unit in desirable Maplewood Terrace. Ground floor unit with recently updated bamboo hardwood flooring & window screens complementing a cozy, open concept living & dining room area with a gorgeous tile surrounded ...