Nickolas Vidovic

Blog

Enhanced New Housing Rebates (February 17, 2012)

ENHANCED NEW HOUSING REBATES

B.C. intends to enhance the existing B.C. new housing rebates. The enhanced rebates will be available with respect to newly constructed or substantially renovated homes purchased or constructed as a place of primary...


Vancouver Condo Market on Watch List as Real Estate Balloon Deflates

Canada's housing market is not a bubble, it's a balloon. And unlike the catastrophic decline the U.S. housing market experienced in 2008, the market in Canada will deflate slowly rather than pop, according to a report by BMO Capital Markets. The sole p...


Vancouver Displaces Sydney as Second Most Expensive Housing Market

Vancouver displaced Sydney as the least-affordable housing market after Hong Kong among large English-speaking cities, as home prices rose faster than incomes, a study of 325 metropolitan areas worldwide showed.

Vancouver’s median home pr...


REBGV Stats Videocast - December 2011

Click on the link below to view our monthly market update videocast featuring Board President Rosario Setticasi.

http://www.youtube.com/REBGV

Nickolas Vidovic

Prudential Sussex Realty

Metro Vancouver Property Assessments see Wide Variation in 2012

METRO VANCOUVER - North Vancouver home prices up. Lions Bay and Squamish prices down.

Vancouver, West Vancouver way up. Whistler way down.

When Metro Vancouver and regional property owners receive their 2012 assessment notices in the ma...


Housing Market Continues to Defy Logic, Re/Max Says

Even one of Canada's leading real estate companies agrees the rising housing market may not appear to make much sense.

But appe...


November 2011 Greater Vancouver Real Estate Stats.

Historically Normal Activity Keeps the Greater Vancouver Housing Market in a Balanced State

VANCOUVER, B.C. – December 2, 2011

The Greater Vancouver housing market saw relatively typical home sale and listing acti...


British Columbians Less Likely to be Mortgage Free by 65

34% of British Columbians say they expect to be mortgage-free after 65 or never, according to the latest RBC housing snapshot poll carried out by Ipsos Reid. That's the worst in the country where an average 37% felt they'd still be paying mortgage debt...


2011 Greater Vancouver Real Estate Statistics (Video)

Here is a great video on the Real Estate Activity in Greater Vancouver for October 2011 by the Real Estate Board of Greater Vancouver (REBGV).

Click on the Link to View: ...


Bank of Canada Interest Rate Announcement

As was universally anticipated, the Bank of Canada opted to hold its target rate hike at 1 per cent this morning. Ongoing uncertainty in the Euro-zone continues to weigh heavily on the Bank's outlook. In its statement accompanying the interest rate dec...