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Real Estate News

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Showing 1 to 10 of 42 total blog posts

B.C. Speculation Tax

Original Document: https://www2.gov.bc.ca/assets/gov/taxes/property-taxes/publications/is-2018-001-speculation-tax.pdf Urban centres throughout the province are in a housing crisis. Rents and home prices have surged past local incomes and, in many communities, vacancy rates sit close to 0%. Speculation has contributed to runaway prices and made it difficult for British Columbians to find a home they can afford. This is hurting people, businesses and communities. The […]

Bank of Canada holds interest rate

Bank of Canada holds interest rateRead the official statement: Here’s the statement from the Bank of Canada on its rate decision for Wednesday, March 7, 2018. The Bank of Canada today maintained its target for the overnight rate at 1 1/4 per cent. The Bank Rate is correspondingly 1 1/2 per cent and the deposit […]

Faith’s Property Insights for Vancouvers Westside Q4 2017

Faith Wilson Group 4th Quarter 2017 Westside Property Insights Detached houses KEY INSIGHTS More than 1,000 detached houses sold on the Westside in 2017 at a benchmark price of around $3.5 million. Anywhere else in the world, such a multi-billion dollar performance in a relatively small area would be considered outstanding, perhaps historical. But this […]

Understand what you really want to buy

I was talking to a mature client this week on the front porch of his pleasant Kitsilano house. He is considering downsizing to a condominium and said his son is hoping to buy his first home in Vancouver. But he was concerned that he “wouldn’t fit” into a condo after 25 years of living in […]

April 2017 – Real Estate Statistics

Our exclusive monthly analysis is the most comprehensive report of its kind. Featuring statistical analysis and thoughtful insight for 3 property types (Single Family Detached, Townhouses and Condos) across all Vancouver, North Vancouver, Richmond, Burnaby & New West, Tri-Cities and South Surrey & White Rock MLS® areas, it is a must-read for anyone considering buying […]

March & Q1 2017 – Real Estate Statistics

Our exclusive monthly analysis is the most comprehensive report of its kind. Featuring statistical analysis and thoughtful insight for 3 property types (Single Family Detached, Townhouses and Condos) across all Vancouver, North Vancouver, Richmond, Burnaby & New West, Tri-Cities and South Surrey & White Rock MLS® areas, it is a must-read for anyone considering buying […]

Attention First Time Buyers – Want to Increase Your Net Worth?

The BC Government’s Homeowner Mortgage and Equity Partnership (HOME) program offers an opportunity for a first time buyer to achieve a significant return over the next 5 years.   This opportunity could apply to all first-time buyers, whether it’s you, you and your partner, your brother or your sister, your daughter or son, or your […]

Presenting: “The Smithe” at Smithe and Cambie

Yesterday I had the pleasure of a first opportunity visit at a fabulous new development “The Smithe” at Smithe and Cambie. I absolutely love the elegant, sophisticated finishings – extremely high quality. This building has great walkability, and AMAZING views from option D. To get a glimpse, download this PDF here, and call us to […]

July 2016 – Exclusive Real Estate Statistics

Our exclusive monthly analysis is the most comprehensive report of its kind. Featuring statistical analysis and thoughtful insight for 3 property types (Single Family Detached, Townhouses and Condos) across all Vancouver, North Vancouver, Richmond, Burnaby & New West and South Surrey & White Rock MLS® areas, it is a must-read for anyone considering buying or […]

Preserving Vancouver’s Heritage Requires a Balance

My family’s deep roots in Vancouver provide me with a profound respect and a personal nostalgia for the heritage architecture reflected in the city’s many older houses, particularly on the West Side where heritage preservation has become such a divisive real estate topic. I am a third-generation Vancouverite and proud of my working-class background and […]

 

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