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


Search found 3296 matches

by jimtan
Mon Jul 09, 2018 7:20 pm
Forum: Real Estate Talks
Topic: Why I am not afraid of being a renter!
Replies: 27
Views: 4325

Re: Why I am not afraid of being a renter!

"Are Vancouver's sky-high rents finally falling? Data analyst Louie Dinh's latest report might be good news for renters ... In fact, his latest analysis of thousands of listings shows:  One-bedroom units have dropped 2.7 per cent since last month. Two-bedroom units have dropped 3.2 per cent. Th...
by jimtan
Thu Jun 28, 2018 11:16 am
Forum: Real Estate Talks
Topic: Is the boom over?
Replies: 50
Views: 4123

Re: Is the boom over?

IT HAS FINALLY HAPPENED... "Greater Vancouver Condo Market Has Finally Shifted... Condo inventory has climbed higher each month following a ten year low registered in December 2017. While the recent uptick is part of a seasonal trend, the year over year increases have been far from normal. Cond...
by jimtan
Sat Jun 16, 2018 9:16 am
Forum: Real Estate Talks
Topic: Trends for 2018
Replies: 17
Views: 1180

Re: Trends for 2018

Steve is working hard...  "Canada’s Real Estate Sector Faces Difficult Transition" http://vancitycondoguide.com/canada-real-estate-sector-transition/ "Vancouver Detached Sales Drop 39% In May" http://vancitycondoguide.com/vancouver-detached-sales-may/ "Canada & China to ...
by jimtan
Thu Jun 07, 2018 8:00 pm
Forum: Real Estate Talks
Topic: Is the boom over?
Replies: 50
Views: 4123

Re: Is the boom over?

The governments are trying to reduce speculation... "Broadway subway may significantly alter Vancouver's urban fabric ... A policy report is expected to be released sometime in June with details about how speculation will be curbed on West Broadway. The goal is “to preserve affordable and renta...
by jimtan
Thu May 31, 2018 8:27 pm
Forum: Real Estate Talks
Topic: Why I am not afraid of being a renter!
Replies: 27
Views: 4325

Re: Why I am not afraid of being a renter!

Bad news for cheaters.... "Vancouver issues over 900 licences to homeowners and tenants running Airbnb short-term rentals ... The city also announced in the news release that it is “actively investigating over 1,500 listings which appear to be illegal”. “These include commercial operations and ...
by jimtan
Wed May 23, 2018 6:30 pm
Forum: Real Estate Talks
Topic: Climate Warming is coming to BC
Replies: 1470
Views: 328965

Re: Climate Warming is coming to BC

This is just in ... ""Surrey hatching plan to buy out 400 Crescent Beach homes as sea levels rise As climate change progresses, Crescent Beach 'would turn into a wetland,' engineer says " http://www.cbc.ca/news/canada/british-columbia/surrey-crescent-beach-climate-change-1.4675432
by jimtan
Sun May 20, 2018 7:42 pm
Forum: Real Estate Talks
Topic: Trends for 2018
Replies: 17
Views: 1180

Vancouver Pre Sale Condo Market Cools In April

"Vancouver Pre Sale Condo Market Cools In April ... Vancouver lawyer Richard Bell, executive vice-chair and founder of Avesdo Inc., told a real estate seminar May 8 that the Vancouver new home market has seen an “incredible run over the past 10 to 15 years.” But, he added, “We all knew it would...
by jimtan
Sun May 13, 2018 11:08 pm
Forum: Real Estate Talks
Topic: Is the boom over?
Replies: 50
Views: 4123

Re: Is the boom over?

Finally, condoland's turn for a cold shower...

" Vancouver Condo Market Goes Flat in April"

http://vancitycondoguide.com/vancouver- ... -in-april/

Prime selling season it is not.  :mrgreen:
by jimtan
Wed May 09, 2018 7:14 am
Forum: Real Estate Talks
Topic: Is the boom over?
Replies: 50
Views: 4123

Re: Is the boom over?

It is what it is... "Vancouver Luxury Property Is North America’s Worst Performer ... Prices at the top end of the market plunged 7.6 percent in the six months to March, making it the world’s second-worst performer during that period, according to the latest global survey of prime properties by...
by jimtan
Wed May 09, 2018 7:11 am
Forum: Real Estate Talks
Topic: Why use metal cladding for the building exterior?
Replies: 6
Views: 671

Re: Why use metal cladding for the building exterior?

realstate wrote:
Use Metal Cladding for building exterior not only for justfor durability and strength but also for unique looks, quick installation, and lightweight. They also have variety[color=#444444][font=Droid Sans, sans-serif] Range of Styles and colors.[/font][/color]

Thanks
by jimtan
Fri May 04, 2018 2:02 pm
Forum: Real Estate Talks
Topic: Why I am not afraid of being a renter!
Replies: 27
Views: 4325

Re: Why I am not afraid of being a renter!

More of the same...

"Vancouver unveils plans for 1,000 new units of affordable housing aimed at residents earning less than $80,000 a year"


https://www.straight.com/news/1070326/v ... rning-less
by jimtan
Tue Apr 24, 2018 12:08 pm
Forum: Real Estate Talks
Topic: Why I am not afraid of being a renter!
Replies: 27
Views: 4325

Re: Why I am not afraid of being a renter!

Heads Up

"B.C. government gives cities power to establish rental-only zoning

Bill would give municipalities jurisdiction to set boundaries, including grandfathering-in current rentals..."

http://www.cbc.ca/news/canada/british-c ... -1.4633273
by jimtan
Mon Apr 09, 2018 12:19 am
Forum: Real Estate Talks
Topic: Vancouver Detached Sales hit 27 year low
Replies: 3
Views: 681

Re: Vancouver Detached Sales hit 27 year low

Meanwhile... "Bidding Wars Still Prevalent in Vancouver Condo Market ... Luckily for condo buyers, relief is on the way. Completions of new construction condos are ramping up. The twelve month rolling average of unit completions hit a record high in February of 23,623 units. Purchasers of these...
by jimtan
Thu Apr 05, 2018 6:50 am
Forum: Real Estate Talks
Topic: Climate Warming is coming to BC
Replies: 1470
Views: 328965

Re: Climate Warming is coming to BC

"'It's not impossible': Western Canada's risk of water shortages rising Communities where water has been plentiful are not immune to water crises as climate changes... Three years of drought mean Cape Town could become the first major city in the world to run out of water. As the countdown to &...
by jimtan
Wed Apr 04, 2018 10:00 am
Forum: Real Estate Talks
Topic: Vancouver Detached Sales hit 27 year low
Replies: 3
Views: 681

Re: Vancouver Detached Sales hit 27 year low

It's working like it should. Well done Vancouver and Victoria.

How about Toronto?

http://www.trebhome.com/market_news/hou ... /index.htm

As affordability falls to the worst level since 1989, sales to new listings is just 50%. Can't be long before we see some real price declines.

:mrgreen: