Is there Demand for Property in the Vancouver Real Estate Market?

As the third largest city in Canada, Vancouver British Columbia is known for its vibrancy and liveliness; the city is full of life. The city is also popular as the destination for buyers looking to buy homes as well as real estate investors. The city’s population that is ever growing, an economy that is stable and great weather are some of the factors that attract investors to the Vancouver real estate market. A surge in the property prices in this market is as a result of the increased population that in turn has seen the demand for homes shoot up. Though property prices are currently a little unstable in some ranges, experts have predicted an increase in the near future. This is enough proof that the housing market is the place for potential investors. Research has revealed that Vancouver is the North American city with the most purchased homes within […]

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Why Buy Condos For Sale in Vancouver BC?

Construction activity that grows, increased demand and fast sales are the words that are used to describe condos for sale in Vancouver BC. There is no perfect property investment or retirement investment than purchasing a Vancouver Condo. With perfect ocean and mountain views and luxury amenities, these condos are the property of choice. Some of the great facilities and amenities that come with the condos comprise of outdoor and indoor swimming pools, beautiful gardens landscaped with lagoons, and also with saunas, gyms, concierges, access to a Party center, steam rooms, Jacuzzis and conference rooms among others. The Condo market in Vancouver features distinct neighborhoods with unique attributes that are the trademark of every community with a touch of charm and personality. Condos for sale in Vancouver British Columbia have a modern vibe with a perfect view of the ocean. Most of the properties for sale are just a stone throw […]

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Will There Be an End to the Vancouver Real Estate Bubble Fatigue?

Reports show that the Vancouver Real Estate has had price declines several times now since 1980’s. The fifth time is here, and seems to be staying in for a while. Has this trend formed what is called the Vancouver Real Estate Bubble Fatigue? Wikipedia describes real estate bubble or property bubble as a type of economic bubble that occurs periodically in local or global real estate markets, and is characterized by rapid increases in valuations of real property (such as housing) until they reach unsustainable levels relative to incomes and other economic elements, followed by a reduction in price levels. The constant price dips, have resulted to more experiencing a bubble fatigue. And even with an evidence of a small but significant increase in the sales to active listings–ratio conveyed by the Greater Vancouver Real Estate Board—still, several believes that a bubble fatigue would still be seen in the next […]

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Greater Vancouver Real Estate Board, Housing Market Update for December 2012

Welcome to the year end housing market update. There was 25,032 sold in the region. The second lowest total we have seen since 2000.Of course worse then this year was the 2008 decline! Homes are taking 73 days to sell on average, that is the longest average since early 2010. Please watch the video for full details.For a detailed report about how much you house is worth in this market please visit Free Home Evaluation.

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Greater Vancouver Real Estate Board, Housing Market Update for November 2012

Greater Vancouver Real Estate Board, Housing Market Update for August 2012. We saw 1688 Sales in November, a 28% decline from November 2011 and 12 % bellow last month. There were 2017 new listed properties in November, 14 % bellow November 2011 and 12% bellow the 10 year average.

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History of Vancouver

The History of Vancouver. Year 1919 Vancouver was booming with lumber, business, construction and land. Property values were the highest in North America.That has not changed much! Brokers started the Real Estate Board of Greater Vancouver to promote property ownership and lobied the government on behalf of the property owners. In 1925, the Vancouver Real Estate Listings became on a cooperative system, kind of like the MLS of today. The multiple listing service became a reality in the 1950s, setting standards around North America. In the 70’s, the Vancouver MLS became on of the first computerized systems in Canada. We pioneered the technology. Nearly 90 years ago the Vancouver Real Estate Board was created by a few good men…I would like to think we are making them proud and creating our own Vancouver History! Please leave me a comment and let me know what you think of this video. Related […]

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