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Category: Real estate (47 posts)

CMHC announces that Vancouver housing market no long highly vulnerable

CMHC announces that Vancouver housing market no long highly vulnerable

August 6, 2019 | Posted by: Patrick Mulhern

Heated Vancouver housing market moderating for first time in three years: CMHC Vancouver real estate prices have stopped surging on excessive expectations they will keep rising in the futur ... [read more]

Vancouver's market is for the buyers

Vancouver's market is for the buyers

March 5, 2019 | Posted by: Patrick Mulhern

Vancouver's homebuyers remain in the driving seat by Steve Randall 05 Mar 2019   As the spring buying season approaches, Metro Vancouver’s housing market continues to exhibit w ... [read more]

New Rules for Assignment of contracts

New Rules for Assignment of contracts

February 26, 2019 | Posted by: Patrick Mulhern

First-of-its-kind registry in B.C. targets under-the-radar condo flippers Province says practice helps raise real estate prices while facilitating tax evasion The Canadian Press · P ... [read more]

Metro Vancouver home sales and prices down

Metro Vancouver home sales and prices down

December 4, 2018 | Posted by: Patrick Mulhern

Metro Vancouver home sales and prices down to more 'historical' levels, says real estate board The Real Estate Board of Greater Vancouver says buyers' wait-and-see approach has driven prices down ... [read more]

Canada's housing market escapes a hard landing....

Canada's housing market escapes a hard landing....

November 20, 2018 | Posted by: Patrick Mulhern

    Canada’s housing market gets off the hook—for now by Ephraim Vecina 20 Nov 2018   The risks of a long-feared housing meltdown in Canada might be easing if ... [read more]

Balanced real estate market in BC

Balanced real estate market in BC

November 15, 2018 | Posted by: Patrick Mulhern

Balanced conditions remain for BC markets by Steve Randall 15 Nov 2018 SHARE Cooler conditions for British Columbia’s home sales remained in October as the impac ... [read more]

Banks in good position to withstand any housing crisis

Banks in good position to withstand any housing crisis

August 21, 2018 | Posted by: Patrick Mulhern

Banks in better shape to absorb losses from possible housing crisis: Moody's While aggregate potential losses for the seven largest Canadian mortgage lenders climbed to $14.3 billion in Moody’s ... [read more]

CMHC Report: Vancouver Housing Activity Weakens

CMHC Report: Vancouver Housing Activity Weakens

August 7, 2018 | Posted by: Patrick Mulhern

Vancouver Housing Activity Weakens Metro Vancouver The Real Estate Board of Greater Vancouver (REBGV) reported this week that July's residential housing sales in Metro Va ... [read more]

Metro Vancouver sales down 30% year over year

Metro Vancouver sales down 30% year over year

August 2, 2018 | Posted by: Patrick Mulhern

by Beth Leighton VANCOUVER _ Home sales in July across Metro Vancouver tumbled to their lowest level in 18 years in statistics compiled by the real estate board, but prices remained steady since ... [read more]

Vancouver Condo prices up 22%

Vancouver Condo prices up 22%

October 3, 2017 | Posted by: Patrick Mulhern

Condo prices still on fire in Vancouver’s tale of two markets Condos prices are up 22%, while pricey detached homes, favoured by foreign buyers and hit by a new tax, gained only 3% ... [read more]

Vancouver Market moving into a balanced position

Vancouver Market moving into a balanced position

August 30, 2017 | Posted by: Patrick Mulhern

Decline in Vancouver listings the largest nationwide—CREA by Ephraim Vecina 30 Aug 2017 Numbers from the Canadian Real Estate Association (CREA) as of July 2017 sh ... [read more]

Early signs that Vancouver housing market correction is over

Early signs that Vancouver housing market correction is over

April 27, 2017 | Posted by: Patrick Mulhern

... [read more]

China's new laws could impact real estate around the globe

China's new laws could impact real estate around the globe

February 10, 2017 | Posted by: Patrick Mulhern

Interesting aritcle from Sherry Cooper on new steps China is taking to stop the outflow of money from that country.  ... [read more]

City of Vancouver approves the empty home tax

City of Vancouver approves the empty home tax

November 17, 2016 | Posted by: Patrick Mulhern

  ... [read more]

2 opinions of what will happen to the Vancouver market

2 opinions of what will happen to the Vancouver market

August 30, 2016 | Posted by: Patrick Mulhern

  ... [read more]

Real Estate Numbers for sales and values are down

Real Estate Numbers for sales and values are down

August 19, 2016 | Posted by: Patrick Mulhern

... [read more]

Restrictions on Foreign Ownership of Real Estate

Restrictions on Foreign Ownership of Real Estate

July 28, 2016 | Posted by: Patrick Mulhern

 Here is a great aritcle by Dr. Sherry Cooper.   She comments on the new purchase tax on real estate and other countries rules on foreign  ownership.   ... [read more]

Economist states we are not in a housing bubble

Economist states we are not in a housing bubble

June 29, 2016 | Posted by: Patrick Mulhern

... [read more]

City of Vancouver's Mayor wants to tax empty homes

City of Vancouver's Mayor wants to tax empty homes

June 20, 2016 | Posted by: Patrick Mulhern

  ... [read more]

March homes Sales hit a record in BC

March homes Sales hit a record in BC

April 20, 2016 | Posted by: Patrick Mulhern

    Homes sales hit record in B.C. in March: report Tiffany Crawford Published on: April 15, 2016 | Last Updated: April 15, 2016 3:21 PM PDT   Home sales in B.C. hit a n ... [read more]

National Banks Economist pours water on bubble fears in Vancouver

National Banks Economist pours water on bubble fears in Vancouver

March 31, 2016 | Posted by: Patrick Mulhern

... [read more]

Expected migration to Vancouver from Alberta will drive up prices further in 2016
New records set in Vancouver

New records set in Vancouver

December 7, 2015 | Posted by: Patrick Mulhern

  Housing sales in Metro Vancouver increase, leading way for new records Brent Jang VANCOUVER — The Globe and Mail Published Wednesday, Dec. 02, 2015 6:24PM EST &nbs ... [read more]

Study shows that Vancouver market dominated by Chinese buyers

Study shows that Vancouver market dominated by Chinese buyers

November 2, 2015 | Posted by: Patrick Mulhern

    Royal Bank scraps size limit on newcomer mortgages to keep up with Chinese demand Canada's largest bank used to limit loan sizes to $1.25M for those with no local credit hist ... [read more]

Change to property transfer tax in BC is unlikely

Change to property transfer tax in BC is unlikely

October 8, 2015 | Posted by: Patrick Mulhern

  Major change to Property Transfer Tax unlikely  By Barbara Yaffe, Vancouver Sun October 7, 2015       The B.C. Real Estate Association will be making a ... [read more]

3 year comparison on average house prices in Canadian cities

3 year comparison on average house prices in Canadian cities

September 15, 2015 | Posted by: Patrick Mulhern

         3 year comparison on average house prices in Canadian cities Source: CREA - Most Recent Month Reported   ... [read more]

Schools are impacting house prices in Vancouver

Schools are impacting house prices in Vancouver

September 8, 2015 | Posted by: Patrick Mulhern

      Top-ranked schools also exacerbate housing prices  By Barbara Yaffe, Vancouver Sun columnist September 2, 2015         St. George’s ... [read more]

Canadians are optomistic on real estate.

Canadians are optomistic on real estate.

August 25, 2015 | Posted by: Patrick Mulhern

          Canadian consumer confidence rises on real estate optimism GREG QUINN Bloomberg News Published Monday, Aug. 24, 2015 4:19PM EDT   Optimism th ... [read more]

No incentive for politicians to act on housing affordability in Vancouver

No incentive for politicians to act on housing affordability in Vancouver

June 17, 2015 | Posted by: Patrick Mulhern

  No real incentive for politicians to act on housing affordability  By Barbara Yaffe, Vancouver Sun columnist June 15, 2015       Politicians are aware of the ... [read more]

CMHC Housing Outlook - Spring 2015

CMHC Housing Outlook - Spring 2015

May 25, 2015 | Posted by: Patrick Mulhern

Everything looking positive for a healthy real estatate market In the lower mainland for 2015 & 2016    To read the full report click on this link:    http://www.cmhc-s ... [read more]

Finance Minister comments on Housing Bubble -  What Bubble!

Finance Minister comments on Housing Bubble - What Bubble!

May 21, 2015 | Posted by: Patrick Mulhern

Finance Minister comments on Housing Bubble:   Canada’s finance minister says the country’s real estate market has avoided the so-called bubble, with many markets already ... [read more]

Vancouver Housing Market up 6% in a year

Vancouver Housing Market up 6% in a year

April 21, 2015 | Posted by: Patrick Mulhern

      Seller’s market boosts Metro Vancouver house prices 6 per cent in a year: report     By Bruce Constantineau, Vancouver Sun April 16, 2015   &n ... [read more]

Vancouver Housing market is on the rise............

Vancouver Housing market is on the rise............

April 7, 2015 | Posted by: Patrick Mulhern

    Greater Vancouver’s housing market is on the rise BRENT JANG VANCOUVER — The Globe and Mail Published Thursday, Apr. 02 2015, 6:12 PM EDT   Gre ... [read more]

Vancouver Developers happy with real estate prospects for 2015

Vancouver Developers happy with real estate prospects for 2015

February 27, 2015 | Posted by: Patrick Mulhern

Continuing low interest rates and a healthy stream of newcomers will ensure the good times keep rolling in 2015   By Barbara Yaffe, Vancouver Sun columnist January 26, 2015     R ... [read more]

Vancouver Market booming - Globe & Mail

Vancouver Market booming - Globe & Mail

February 4, 2015 | Posted by: Patrick Mulhern

Vancouver housing market booming as B.C. reaps gain of Alberta residents BRENT JANG VANCOUVER —   Published Tuesday, Feb. 03 2015, 8:31 PM EST The Vancouver region’s ... [read more]

Vancouver real estate set a new record in 2014

Vancouver real estate set a new record in 2014

January 20, 2015 | Posted by: Patrick Mulhern

  Vancouver sets new record for high-price houses in 2014 BRENT JANG VANCOUVER — The Globe and Mail Published Monday, Jan. 19 2015, 6:28 PM EST     The number o ... [read more]

Real Estate Flipper beware, the taxman is watching.......

Real Estate Flipper beware, the taxman is watching.......

January 13, 2015 | Posted by: Patrick Mulhern

  Real estate flippers beware, the taxman is watching Republish Reprint Jamie Golombek | January 10, 2015 | Last Updated: Jan 10 6:56 AM ETMore from Jamie Golombek | @Ja ... [read more]

National Real Estate Stats - December 2014

National Real Estate Stats - December 2014

January 6, 2015 | Posted by: Patrick Mulhern

    A CAAMP STATS a Welcome to the January issue of CAAMP Stats. For more information on CAAMP visit www.caamp. ... [read more]

National Real Estate Stats

National Real Estate Stats

December 5, 2014 | Posted by: Patrick Mulhern

CAAMP STATS a Welcome to the December issue of CAAMP Stats. For more information on CAAMP visit www.caamp.org     Bank of Canada Interest Rate October 23, 2014 ... [read more]

CMHC insists that Vancouver Real Estate Market is not over valued

CMHC insists that Vancouver Real Estate Market is not over valued

November 27, 2014 | Posted by: Patrick Mulhern

CMHC insists Vancouver housing market not over-valued  By Barbara Yafffe, Vancouver Sun columnist November 26, 2014  Developers will shift their attention more to multi-family housing as ... [read more]

Vancouver real estate values closing in on Paris'

Vancouver real estate values closing in on Paris'

November 7, 2014 | Posted by: Patrick Mulhern

  Toronto and Vancouver home prices pass Rome and close in on Paris  Garry Marr | November 5, 2014 | Last Updated: Nov 5 7:56 PM ET   BERTRAND GUAY/AFP/Getty ImagesA report ... [read more]

Vancouver housing prices head towards new record high

Vancouver housing prices head towards new record high

November 4, 2014 | Posted by: Patrick Mulhern

  Vancouver housing prices head towards new record high Brent Jang VANCOUVER —  Published Tuesday, Nov. 04 2014, 5:00 AM EST The price for detached houses, condos and town ... [read more]

Vancouver’s real estate forecast to stay hot into next year!

Vancouver’s real estate forecast to stay hot into next year!

October 27, 2014 | Posted by: Patrick Mulhern

        Vancouver’s real estate forecast to stay hot into next year, study finds   Bullish outlook: Don’t expect housing market to cool any time soon ... [read more]

Year over year condo & house price changes for Canada

Year over year condo & house price changes for Canada

October 7, 2014 | Posted by: Patrick Mulhern

Interesting map of condo & house prices across Canada     ... [read more]

Real Estate Market is hot

Real Estate Market is hot

October 3, 2014 | Posted by: Patrick Mulhern

    Real estate market on pace for hot start to autumn Tara Perkins - REAL ESTATE REPORTER The Globe and Mail Published Friday, Oct. 03 2014, 7:30 AM EDT   There are ear ... [read more]

Real Estate Stats for Canada -  Aug 2014

Real Estate Stats for Canada - Aug 2014

September 9, 2014 | Posted by: Patrick Mulhern

              CAAMP STATS   Welcome to the September issue of ... [read more]

Vancouver prices hit new highs

Vancouver prices hit new highs

August 8, 2014 | Posted by: Patrick Mulhern

    Vancouver housing prices rise to new highs Brent Jang The Globe and Mail Published Tuesday, Aug. 05 2014, 7:37 PM Prices in Vancouver for single-family detached homes have hit n ... [read more]

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