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Blog by Anthea Poon

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August 2012 Stats

September 5th, 2012

Home sellers continue to outnumber buyers in Greater Vancouver’s summer housing market
 

Home sale activity remained below long-term averages in the Greater Vancouver housing market in August.

The Real Estate Board of Greater Vancouver (REBGV) reports that residential property sales of detached, attached and apartment properties reached 1,649 in August, a 30.7 per cent decline co ...

July 2012 Stats

August 2nd, 2012

Greater Vancouver housing market hits summer lull

Residential property sales in Greater Vancouver remained at a 10-year low in July, while the number of properties being listed for sale continued to edge down and prices remained relatively stable.

The Real Estate Board of Greater Vancouver (REBGV) reports that there were 2,098 residential property sales of detached, attached a ...

The Great Debate: Will there be a correction in the Vancouver Real Estate Market?

June 12th, 2012

Vancouver home prices to drop 15 per cent in two to three years: TD Bank



TORONTO — Vancouver and Toronto home prices will probably experience a relatively mild downturn — of about 15 per cent — in two to three years, but not the dramatic drop that hit the United States a few years ago, according to a report by the Toronto-Dominion banking group.

TD said Monday the 15 per cent decline in Can ...

May 2012 Stats: Vancouver Real Estate

June 4th, 2012

Spring activity remains balanced in the Greater Vancouver housing market
 

The number of properties listed for sale continued to increase in the Greater Vancouver housing market in May. The number of sales decreased year over year, but remained relatively constant compared to recent months.

The Real Estate Board of Greater Vancouver (REBGV) reports that residential property sales in Greate ...

March 2012 Statistics

April 3rd, 2012

Increased selection helps maintain balance in Greater Vancouver housing market


Home sales in March trended below the 10-year average in Greater Vancouver while home listing activity outpaced what’s typical for the month.

The Real Estate Board of Greater Vancouver (REBGV) reports that residential property sales in Greater Vancouver reached 2,874 on the Multiple Listing Servic ...

REBGV November 2011 Stats

December 2nd, 2011

Historically normal activity keeps the Greater Vancouver housing market in a balanced state

The Greater Vancouver housing market saw relatively typical home sale and listing activity in November.

The Real Estate Board of Greater Vancouver (REBGV) reports that residential property sales of detached, attached and apartment properties on the region’s Multiple Listing Service® (MLS®) reached 2, ...

October Stats: Real Estate Board of Greater Vancouver

November 2nd, 2011

It's Official! Greater Vancouver is at the lower end of balanced housing market! Investors and Buyers get ready...

Here are the most recent statistics for October 2011

With a sales-to-active property listings ratio of 15 per cent, the Greater Vancouver housing market continues to hover at the lower end of a balanced market and has been trending in that direction over the past five months.

Th ...

Why use a Realtor?

September 16th, 2011
Why should you use a realtor? Because even the founder of the NYC based company, ForSaleByOwner.com, Colby Sambrotto did so after 6 months on the market on his own.

He sold it for $150,000 more (and his net profit was greater) in the end with a REALTOR than on his own. He even had multiple offers!

Research shows that 80% of FSBO's end up working with an agent to get their home sold. By trustin ...

Mainland Chinese Buyers: What's the Deal?

May 19th, 2011

Mainland Chinese Buyers

What's the Deal?

We are seeing many Chinese Buyers coming from Mainland China buying up alot of the real estate in Vancouer. Houses selling for more than their list price with multiple offers. And with multiple offers, the strongest offer refers to both price and subject conditions. The Chinese Buyers have the ability to offer high prices with no conditions resulting ...

Asian Immigrant Numbers Increasing Rapidly!

June 14th, 2010

Candian Asian Resident numbers to increase with new government regulations in China will further stimulate the Real Estate Market in Vancouver

Thousands have thronged immigration agencies in Beijing to apply for Canadian permanent residency under its immigrant investor program, following reports the country may at least double the minimum asset required as early as October.

At present, appli ...

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