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


Search found 3307 matches

by jimtan
Thu Dec 06, 2018 7:57 pm
Forum: Real Estate Talks
Topic: Climate Warming is coming to BC
Replies: 1473
Views: 356292

Re: Climate Warming is coming to BC

As a follow up to the previous post, there are consequences for the Vancouver waterfront. That's why I moved away from False Creek. At King Tide, the water is already within a coupe of feet from street level. Some carparks are going to get flooded. "King tide floods part of Vancouver's seawall, offe...
by jimtan
Thu Nov 29, 2018 7:57 am
Forum: Real Estate Talks
Topic: Climate Warming is coming to BC
Replies: 1473
Views: 356292

Re: Climate Warming is coming to BC

"World Meteorological Association says temperatures will rise up to 5 °C by end of century if current trend continues … "We are the first generation to fully understand climate change and the last generation to be able to do something about it." That's the warning from World Meteorological Associati...
by jimtan
Wed Nov 14, 2018 6:04 am
Forum: Real Estate Talks
Topic: Why I am not afraid of being a renter!
Replies: 28
Views: 9181

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

Big drop coming...


"Fraser Valley Condo Sales Drop 50%, Inventory Rises 153% in October"

https://vancitycondoguide.com/fraser-va ... n-october/
by jimtan
Wed Oct 10, 2018 7:21 am
Forum: Real Estate Talks
Topic: Is the boom over?
Replies: 57
Views: 7923

Re: Is the boom over?

While the bulls erase their posts, here's something to chew on … "Vancouver Detached Average Sales Price Sinks 19.7% in September … Price declines are becoming more prominent. The average sales price of a detached home in Vancouver registered a 19.7% decline in September. The median sales price repo...
by jimtan
Wed Oct 03, 2018 8:29 pm
Forum: Real Estate Talks
Topic: Are interest rates finally going to rise?
Replies: 121
Views: 16088

Re: Are interest rates finally going to rise?

Looks like interest rates are rising and … "Vancouver Condo Inventory Jumps 73% as Sales Fall to Six Year Low … With sales just 3% higher than September 2008, when the global financial system was completely falling apart, the slowdown this year comes amidst relatively healthy and stable economic con...
by jimtan
Thu Sep 27, 2018 7:00 pm
Forum: Real Estate Talks
Topic: Did The Vancouver Foreign Buyers Tax Work?
Replies: 8
Views: 1985

Re: Did The Vancouver Foreign Buyers Tax Work?

Left and right hooks … "Province tackles dirty money in real estate with 2-point plan Horse racing, luxury cars also in the crosshairs on the heels of Peter German report into money laundering..." https://www.cbc.ca/news/canada/british-columbia/province-tackles-dirty-money-in-real-estate-with-2-poin...
by jimtan
Thu Sep 06, 2018 6:48 pm
Forum: Real Estate Talks
Topic: Vancouver Detached Sales hit 27 year low
Replies: 6
Views: 1776

Re: Vancouver Detached Sales hit 27 year low

"August Sees Fewest Vancouver Detached Home Sales in 27 Years


….For illustrative purposes, here’s the 3 month rolling average, which shows detached prices in Vancouver peaked in April 2016 and have since declined 18%"

http://vancitycondoguide.com/august-few ... ome-sales/
by jimtan
Thu Aug 23, 2018 4:13 pm
Forum: Real Estate Talks
Topic: Vancouver Detached Sales hit 27 year low
Replies: 6
Views: 1776

Re: Vancouver Detached Sales hit 27 year low

More demand for detached. Then, more supply...

"Vancouver plan to mass rezone 67,000 single-family lots for duplexes up for public hearing"

https://www.straight.com/news/1120651/v ... ic-hearing
by jimtan
Thu Aug 16, 2018 2:35 pm
Forum: Real Estate Talks
Topic: Is the boom over?
Replies: 57
Views: 7923

Re: Is the boom over?

Flash - SFH down double digit YoY

"Point Grey single-family home prices fall 12.8 percent in a year; Dunbar detached homes down 14.1 percent"

https://www.straight.com/news/1117541/p ... homes-down
by jimtan
Mon Jul 30, 2018 8:17 am
Forum: Real Estate Talks
Topic: Climate Warming is coming to BC
Replies: 1473
Views: 356292

Re: Climate Warming is coming to BC

FYI " 2018 Japan heat wave... On 15 July, 200 out of 927 stations in the nationwide observation network recorded maximum temperatures exceeding 35 °C (95.0 °F).[2] On 23 July, a high temperature of 41.1 °C (106.0 °F) was observed in Kumagaya, 65 km (40 mi) northwest of Tokyo. This constitutes an all...
by jimtan
Thu Jul 26, 2018 1:20 pm
Forum: Real Estate Talks
Topic: Medium Term risks?
Replies: 72
Views: 8850

Re: Medium Term risks?

The blow back against foreign buyers continues...

"Chinese developer offers Vancouver buyers first crack at new downtown condo tower"

https://www.straight.com/news/1108121/c ... ondo-tower
by jimtan
Mon Jul 09, 2018 7:20 pm
Forum: Real Estate Talks
Topic: Why I am not afraid of being a renter!
Replies: 28
Views: 9181

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. Three-b...
by jimtan
Thu Jun 28, 2018 11:16 am
Forum: Real Estate Talks
Topic: Is the boom over?
Replies: 57
Views: 7923

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. Condo inv...
by jimtan
Sat Jun 16, 2018 9:16 am
Forum: Real Estate Talks
Topic: Trends for 2018
Replies: 17
Views: 2501

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 Share Tax Information Startin...
by jimtan
Thu Jun 07, 2018 8:00 pm
Forum: Real Estate Talks
Topic: Is the boom over?
Replies: 57
Views: 7923

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 rental hou...