This is a friendly, interactive exchange of information on all Real Estate related subjects. Follow on Twitter: @RETALKS


Search found 18 matches

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by news
Wed Aug 12, 2020 6:16 pm
Forum: Real Estate Talks
Topic: St. Paul’s Hospital site sold to Concord for approximately $1 billion
Replies: 0
Views: 14

St. Paul’s Hospital site sold to Concord for approximately $1 billion

Mixed-use housing and commercial development planned for the aging hospital property on Burrard Street, with sales proceed helping to fund replacement Jeremy Hainsworth Glacier Media August 12, 2020 The Burrard Street site of Vancouver’s 124-year-old St. Paul’s Hospital has been sold to development ...
by news
Tue Aug 11, 2020 4:25 pm
Forum: Real Estate Talks
Topic: Canadian Immigration Slows Further, As New Permanent Residents Drop Over 44%
Replies: 0
Views: 25

Canadian Immigration Slows Further, As New Permanent Residents Drop Over 44%

AUGUST 11, 2020 One of the driving forces behind Canadian real estate prices is on hold – immigration. Government of Canada (GoC) data shows the number of newly admitted permanent residents to Canada is still making sharp declines in June. The decline was mostly consistent around the country, except...
by news
Thu Aug 06, 2020 4:29 pm
Forum: Real Estate Talks
Topic: Foreign Buyers are Pumping the Brakes on Home Purchases
Replies: 0
Views: 66

Foreign Buyers are Pumping the Brakes on Home Purchases

Aug 6 2020, 11:13AM Foreign buyers cut back their investment in U.S. residential properties over the 12 months that ended in March. It was the second year-over-year decline. The National Association of Realtors® (NAR) annual survey among its members about their transactions with international client...
by news
Wed Aug 05, 2020 11:03 am
Forum: Real Estate Talks
Topic: Clues To The Post-Pandemic Real Estate Market
Replies: 0
Views: 52

Clues To The Post-Pandemic Real Estate Market

Michael Valdes, Executive Vice President of International Expansion for eXp Global. Aug 5, 2020 Remember when you made your housing decisions based on proximity to work or a social center? When you wanted to be in an urban environment for the vibrancy of the community and were willing to sacrifice s...
by news
Sat Aug 01, 2020 9:06 am
Forum: Real Estate Talks
Topic: Greater Vancouver Condo Pre-Sales Cut In Half, New Inventory Delayed
Replies: 0
Views: 113

Greater Vancouver Condo Pre-Sales Cut In Half, New Inventory Delayed

JULY 30, 2020 The pandemic drove Greater Vancouver new home sales off a cliff, but things have improved… a little. MLA Canada, a Vancouver-based real estate firm specializing in condo pre-sales, observed an increase in absorption for June. Despite unusual market conditions and a bump from lows, abso...
by news
Fri Jul 31, 2020 11:52 am
Forum: Real Estate Talks
Topic: Pandemic? What pandemic? Seattle-area home prices keep rising fast
Replies: 0
Views: 81

Pandemic? What pandemic? Seattle-area home prices keep rising fast

July 28, 2020 at 6:40 am Updated July 28, 2020 at 6:05 pm By Katherine Khashimova Long Seattle Times business reporter Deep into the pandemic, prices for Seattle-area homes were still rising faster than any major city in the country, save Phoenix. There’s one sign, though, that the growth may be slo...
by news
Thu Jul 30, 2020 8:45 am
Forum: Real Estate Talks
Topic: US Federal Reserve: Canadian Real Estate Buyers Returned To Exuberance Before Pandemic
Replies: 0
Views: 81

US Federal Reserve: Canadian Real Estate Buyers Returned To Exuberance Before Pandemic

JULY 30, 2020 Canadian real estate buyers were excitedly disregarding risk before the pandemic hit. The US Federal Reserve Bank of Dallas (Dallas Reserve) exuberance index shows expectations surged in Q1 2020. The index is designed to capture explosive price growth, detached from fundamentals. A sin...
by news
Wed Jul 29, 2020 12:17 pm
Forum: Real Estate Talks
Topic: No "doom and gloom" in store for Canadian real estate – Royal LePage’s Soper
Replies: 0
Views: 102

No "doom and gloom" in store for Canadian real estate – Royal LePage’s Soper

by Ephraim Vecina 29 Jul 2020 Sustained market strength, subject to supply constraints, will be the predominant dynamic in the Canadian housing sector for the rest of the year, according to Royal LePage CEO Phil Soper and Sotheby’s Canada CEO Don Kottick. In a joint interview with The Financial Post...
by news
Tue Jul 28, 2020 11:38 am
Forum: Real Estate Talks
Topic: Greater Vancouver Sees Biggest Single-Month Surge Of Inventory In Half A Decade
Replies: 0
Views: 434

Greater Vancouver Sees Biggest Single-Month Surge Of Inventory In Half A Decade

JULY 27, 2020 A lot of Greater Vancouver condo owners all had the same idea – last month was the perfect month to sell. Real Estate Board of Greater Vancouver (REBGV) data shows June saw the largest single-month surge of new condo apartment listings in at least half a decade. While sales did also ri...
by news
Tue Jul 28, 2020 11:33 am
Forum: Real Estate Talks
Topic: Bank Of Canada Pumping Billions Into Mortgage Liquidity To Prop Up Real Estate
Replies: 0
Views: 309

Bank Of Canada Pumping Billions Into Mortgage Liquidity To Prop Up Real Estate

JULY 28, 2020 Canada’s central bank is desperately trying to prop up real estate markets with liquidity. Bank of Canada (BoC) has been injecting billions into Canada Mortgage Bonds (CMBs). The central bank began purchasing a few million worth of bonds during last year’s real estate slow down. As the...
by news
Tue Jul 28, 2020 11:30 am
Forum: Real Estate Talks
Topic: Small B.C. landlords call for help as expenses mount
Replies: 0
Views: 318

Small B.C. landlords call for help as expenses mount

With near-zero evictions allowed and rent increases frozen, some B.C. landlords are being forced to the wall Prince George Citizen Staff Prince George Citizen July 28, 2020 After months of missed rent payments from his tenants during the pandemic, Prince George landlord John Stiles is feeling the pi...
by news
Sun Jul 26, 2020 7:14 pm
Forum: Real Estate Talks
Topic: One million adults plan to move back home
Replies: 0
Views: 346

One million adults plan to move back home

One million adults plan to move back home Gen-Xers lead the boomerang, but 278,000 baby boomers also say they will move in with family to shelter from COVID-19 fallout At least 1.5 million adult Canadians have already or plan to move back home with their parents, according to a national survey by F...
by news
Sun Oct 30, 2011 7:53 am
Forum: Real Estate Talks
Topic: Vancouver - From $13,500 To $1,100,000
Replies: 3
Views: 2804

Vancouver - From $13,500 To $1,100,000

By Ozzie Jurock Saturday, October 29, 2011 http://www2.jurock.com/articles/columnist.asp?id=9316 In 1960, a chocolate bar and an ice cream cone competed for that 10 cents in your pocket and your home sold for an average price of $13,105. Yes! By 1970 we reached $24,000, by 1980 we clocked in at $100...
by news
Fri Dec 26, 2008 10:39 am
Forum: Real Estate Talks
Topic: Economy has builders eyeing a return to rental apartments
Replies: 11
Views: 7791

Economy has builders eyeing a return to rental apartments

FRANCES BULA Globe and Mail December 24, 2008 VANCOUVER -- With the British Columbia condo market in a deep freeze, developers are looking at constructing a form of housing that hasn't attracted their interest for 35 years - rental apartment buildings. Major developers say they are looking at ways t...
by news
Thu Nov 27, 2008 9:32 am
Forum: Real Estate Talks
Topic: Housing prices more affordable
Replies: 3
Views: 3814

Housing prices more affordable

Eric Beauchesne Canwest News Service Thursday, November 27, 2008 The recent fall in housing prices in Canada has made home ownership more affordable, and broad-based cuts to mortgage rates announced Wednesday will make that dream even more affordable. The upside to the downside in housing prices is ...
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