Want an Investment With a 10% Return? Surprise, Property in Vancouver Still Your Best Bet!
Sep 04, 2017
In Vancouver, one of a clutch of global cities where appreciation seems unstoppable, sitting on a house can be more lucrative than working a job.
In the spring of 2012, Dustan Woodhouse, then a 40-year-old Vancouver mortgage broker, broke the c...
Canada's Real Estate Boom: A Chinese Perspective
Jan 19, 2017
Think prices in Toronto or Vancouver are crazy? Try looking for an apartment in Shanghai, and you'll understand Canada’s appeal.
Chinese household debt has risen at an "alarming" pace as property values have soared, analysts say. Some Chi...
Foreign Buyers Aren't to Blame for Vancouver Real Estate Chaos, says CMHC CEO
Dec 05, 2016
The CEO of the Canadian Mortgage and Housing Corporation (CMHC) says Vancouverites shouldn’t be blaming foreign buyers for the rise in home prices, or the recent decline.
Speaking to the Vancouver Board of Trade on Wednesday, Evan Siddall...
B.C. Economist Says Price of Metro Vancouver Houses Will Keep Climbing
Sep 28, 2016
Metro Vancouver house prices will more than double over the next 25 years, as supply continues to be tight and more people move to the region, a senior B.C. economist predicts.
Helmut Pastrick, chief economist with Central 1 Credit Union, said ...
Foreign Buyers to Face Tax Hike on Metro Vancouver Real Estate
Jul 26, 2016
VICTORIA — A foreign buyers tax introduced in a surprise move by the B.C. Liberal government Monday may cool the high end of Metro Vancouver’s red hot real estate market, even if it contains several potential loopholes and unintended conseq...
China is Buying Canada: Inside the New Real Estate Frenzy - How China's Affection For Canada's Real Estate is Reshaping the Nation's Housing Market Well Beyond Vancouver
May 22, 2016
Paul Shen can tick off the reasons Mainland Chinese people buy property in Canada as surely as any fast-talking B.C. realtor. Some long to escape the fouled earth and soupy air of their country’s teeming cities, he explains, while others are foll...
Chinese Investors Take on U.S. Real Estate, Surpass Canadians as Top Foreign Home Purchasers
May 17, 2016
In 2010, Chinese purchases of residential property in the U.S. were valued at US$11.2 billion, but had climbed to US$28.6 billion by 2015, a 20 per cent annual rate.
It might not provide much comfort to Canadians worried about increased Chinese...
March Sales Set an All-Time Record
Apr 05, 2016
VANCOUVER, B.C. – April 4, 2016 –Metro Vancouver* home sales eclipsed 5,000 in March for the first time on record. Residential property sales in the region totalled 5,173 in March 2016, an increase of 27.4 per cent from the 4,060 sales reco...
The Fear Factor in Today's Real Estate Market
Mar 02, 2016
Metro Vancouver has a finite land base and a steady stream of newcomers chasing a limited housing supply. But there is another factor contributing to the dire housing situation: the fear factor.
Observers agree that the fear of selling one&rsqu...
New Property Transfer Tax Changes
Feb 23, 2016
The following is an Update on the New PPT Rules!
A quick update below on the recent changes to the latest budget regarding the PTT as you are most likely fielding lots of questions:
1. How do these changes affect first time buye...
