Real Estate Talks

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 ...

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...

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...

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...

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...

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...

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 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...

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...

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...

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...

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 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...

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...

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 ...