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Greater Vancouver Real Estate Will Get Both Sales and Price Increase In 2011 CMHC Predicted

Posted by on Nov 30, 2010 in Blog

(From VancouverSun) A new report suggests that low mortgage rates combined with a growing population and an improving economy bode well for Metro Vancouver home sales for the rest of 2010 and 2011. “For the next year, we’re looking at favourable mortgage rates, a steady flow of migrants to the Lower Mainland, and a growing job market,” Canada Mortgage and Housing Corp. senior market analyst Robyn Adamache said in an interview about the federal agency’s housing market report that...

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UBC Market Housing Plans To Accomodate 51,000 In 20 Years

Posted by on Oct 19, 2010 in Blog

According to the local Vancouver news: University of B.C. plan to build more market housing and turn the campus into a town of 51,000 people over the next two decades, which will increase the non-student population on campus to up to 35,000 by 2021 from 6,410 today. Metro chief administrative officer Johnny Carline said while the regional district supports UBC’s general plan for a “balanced university town,” he’s worried they want to build more high-end market housing for the...

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Vancouver BC Home Buyers In The Driver’s Seat

Posted by on Aug 12, 2010 in Blog

“A relatively large number of homes for sale have created the most favorable supply conditions for home buyers in more than a year,” said Cameron Muir, BCREA Chief Economist. MLS® active residential listings were 21 per cent higher in July than at the start of the year on a seasonally adjusted basis. However, with newly listed MLS® residential units now declining, tighter market conditions may emerge this fall. Detailed data and graphs are in this full report. If you...

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About Real Estate Properties In UBC Area In Vancouver BC

Posted by on Jul 18, 2010 in Blog

People who want to invest in real estate properties in UBC area in Vancouver, are those who want to enroll their kids to the top ranking elementary and/or secondary schools in that area. Despite most of the properties have limited years of land ownership, the real estates in certain locations have lifetime ownership in UBC area. There are more and more high rise properties built in demand of increasing buying needs in that area. Some of them are even...

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Best Properties To Invest For Home Rental Purposes In Vancouver

Posted by on Jun 18, 2010 in Blog

My opinion is to purchase condo or apartment properties rather than single house or town house. The major reason is the ROI (return of investment) for buying a condo for rent is much higher, considering the house price is much higher in Vancouver west side and/or Downtown Vancouver and/or Richmond. But it’s up to you to rent a furnished apartment or not. The rental price will be around $200 to $300 higher than those unfurnished condo. Please feel free...

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The Housing Market Scenario At the Greater Vancouver Area In 2010

Posted by on Jun 9, 2010 in Blog

The housing price at the Greater Vancouver Area in Canada has significantly increased in the present times. As per industry exerts, the residential real estate market has roared back in 2010 with the housing prices at or above pre-recession levels.  One of an interesting feature is that the housing sales have also increased notably at the beginning of the second quarter in 2010. As per the reports of REBGV (Real Estate Board of Greater Vancouver), about 3,512 residential properties...

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New Waterfront Luxury Homes Community River Green In Richmond

Posted by on May 29, 2010 in Blog

Soon, a new urban waterfront luxury homes community will rise on the banks of the Fraser River – designed and built by the most renowned developer in Greater Vancouver Area – Aspec, who brought Coal Harbour to Vancouver. River Green will be built on a 28-acres parcel of waterfront just west of the Dinsmore Bridge in Richmond. Like Coal Harbour, it will have upscale residences with dramatic waterfront and mountain views, and ample parkland with cafés, waterfront restaurants, and...

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