As most people know the most important factor which affect house sale is price, consumer confidence, then interest rates. The trading of expensive houses in up-scale neighbourhoods has skewed the average resale price in Vancouver, but the lower end favours buyers still. The article "Housing bub
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02/20/2012
China's economy also have a significant effect on Canadian economy, and this impacts our real estate market as well. The article "Investors cautiously optimistic" talks about how our Canadian economy benefits from the Chinese Market in recent years. But the VP warns that there may be a shift i
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02/20/2012
Many clients of mine used to asked me what kind of issues they should consider when they want to invest. I told them having an idea of the entrepreneurial priory is very necessary: the profit must be measured, and their time invested must be minimal. Today's article " HomeView: Rules for rea
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02/20/2012
As we know, everything is related to globalization: economics of one nation affect the other. The Canadian national average sale price in June was $372,700, an increase of 8.7 per cent from 2011. This figure continues to reflect sales in the "expensive" Vancouver relative to the rest of the co
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02/20/2012
Many Clients asked me what the real estate market is going to be like in 2012, is the price going to increase or decrease? I said it may rise about two percent. Today's article "Real estate | Metro Vancouver price growth cooled in 2011: report" which is published in Vancouver Sun confirmed m
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02/20/2012
How stocks have performed relative to Real Estate prices in Canada at large. Which one makes better long-term investment? The article "Stocks vs. Real Estate" give us some useful data for us to decide whether to invest stocks or real estate. Appreciating 12.4% annually between 2001 and 2006
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02/20/2012
Compared to the same period last year, the SALES prices over the last week or so have already increased 1.1%, but the homes sales are similar to last year because low mortgage interest rates in the housing market, which let investors still have enough affordability and purchasing power to invest.
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02/20/2012
B.C. Assessment released its roll of property values for 2012 Tuesday, January 3rd, marking 10 to 25 per cent increases for single-family dwellings within the City of Vancouver. People may know "Homes are not getting any cheaper" because the markets are attractive to mainland Chinese buyers and
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02/20/2012
Contrary to the recent BC Assessment rates, here is an interesting aricle about Surrey Real Estate being of good value for our clients. The article "Surrey rated B.C.'s hottest housing investment market" tells us what factors can drive the hottest sales. REIN (The Real Esate Investment Network)
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02/20/2012
Since the massive projects in oil sands in Alberta, economists expect oil patch to drive growth in housing and retail sectors, according to the article "Energy revival fuels another boom" said. Because the massive projects in oilsands result in low unemployment and high-paying jobs, people in Al
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02/16/2012
