In: Real Estate News17 Jun 2011
This week Mark Carney gave a speech to the Vancouver Board of Trade. Whenever Mark Carney talks, people listen. Of course listening is just the first step. After listening to what he says, you need to dissect the words carefully and try to extrapolate, or infer his meaning. Mark Carney will never say “housing bubble”. […]
In: Real Estate News7 Jun 2011
It’s the Stanley Cup Finals. The Vancouver Canucks are facing the Boston Bruins. A Canadian team vs. an American team. As these 2 teams battle for hockey supremacy, it’s a good time to look at the real estate markets in the cities of Vancouver and Boston. Vancouver – The most expensive city. The average family […]
In: Real Estate News14 Jan 2011
The Canadian Real Estate Association just released their 2010 Real Estate Stats. Here are some of the highlights: 447,010 homes sold in Canada in 2010. This was down by 3.9% from 2009. The average home price in Canada rose by 5.8% in 2010 to $339,030. Here are similar real estate statistics for Canadian Major Markets […]
Marking the second straight month of declining sales, Vancouver home sales figures for June fell 30% below comparable numbers for June, 2009. Even with the decline, the nearly 3000 sales make it the second busiest June on record. The decline did not surprise most analysts, who had predicted the over-heated market would cool as interest […]
Real estate news in Canada including buy and sell information, local market updates, guides, tips for Canadians in the real estate market.