In my News Bulletin Fall 2018, I outlined the City of Vancouver initiative to increase the supply & affordability of housing for both renters & buyers in most Vancouver’s residential neig...
Update on Making Room in Vancouver Rezoning InitiativeIn my News Bulletin Fall 2018, I outlined the City of Vancouver initiative to increase the supply & affordability of housing for both renters & buyers in most Vancouver’s residential neig... Speculation Tax - a Misnomer, Selective Cash GrabBy now, BC property owners should have received a mailed notice from the BC NDP Government requiring them to complete a Declaration (by March 31, 2019) to be exempt from a new, selective tax that targets... Market Outlook Winter 2019The Vancouver Real Estate market - especially for Detached Homes - went through a rough patch from late Summer 2018 to Winter 2019. The effect of restrictive new mortgage lending policies introduced by... CMHC VANCOUVER RENTAL MARKET REPORT FALL 2018On November 28th, Canada Mortgage and Housing Corporation released its Fall Rental Housing Market Report for the Census Market Areas of Vancouver. CMHC releases these reports semi-annually, and the lengthy... New Vancouver Empty Homes Tax, Will It Empty Your Pockets?By now you likely thought we have been taxed enough? Did you also think that the City’s social engineering agenda had completely gone into Totalitarian State mode? As of Feb 2nd (now moved to March... Market Outlook Winter 2018The Vancouver Real Estate market - especially for Detached Homes - has gone through a bit of a roller coaster ride from Winter/Spring 2016 through to now - Winter/Spring 2018. 2016 1st half saw a very robust,... New Mortgage Lending RulesAs of January 1, 2018, uninsured mortgage consumers (i.e. those with 20% or more downpayment) must now qualify for property financing using a new minimum qualifying rate. The rate will be the greater of... Market Outlook Fall 2017The 1st half of 2017 in the Vancouver Residential market (at least for Detached and land based property) can justifiably be characterized as “The Comeback” - i.e. from the effects of the 2016... Bloomberg News “Gets” Vancouver Real Estate ValuesFor decades - as many of my Clients and Readers know - I have been expounding (ad nauseam ?) my belief in the underpinnings of Vancouver Real Estate values and the fundamental economic conditions that predict... Market Outlook Winter 2017As noted in my last Fall Newsletter, 2016 was a “Dr. Jekyll/Mr. Hyde” Real Estate Market in Vancouver. After a very robust 1st half, the market was blindsided by the 15% Non-Residents Tax, and... New BC 1st Time Home Buyers’ Loan ProgramFinally, for a change, some positive news and policy initiative by Government to support property owners and buyers, and strengthen the Real Estate market locally and throughout BC. Through the B.C. HOME... CMHC VANCOUVER RENTAL MARKET REPORT FALL 2016On November 28th, Canada Mortgage and Housing Corporation released its Fall Rental Housing Market Report for the Census Market Areas of Vancouver. CMHC releases these reports semi-annually, and the lengthy... New 15% Non Resident Property Purchase TaxOn July 28, the BC Liberal Government passed Bill 28 - the new Property Transfer tax - adding 15% to the price of all residential home and multifamily property purchases closing after August 2. The tax... Market 2016 Summary and Fall OutlookThe Vancouver home sales market was extremely active - hot - for the 1st half 2016 and it was constantly in the News and top of mind for Buyers and Sellers throughout the City, and beyond. After the July... CMHC VANCOUVER RENTAL MARKET REPORT FALL 2015On December 16th, Canada Mortgage and Housing Corporation released its Fall Rental Housing Market Report for the Census Market Areas of Vancouver and Abbotsford-Mission. CMHC releases these reports sem... FALL Vancouver Sales Summary and Early 2016 Market ForecastThe Vancouver home sales market has been extremely active - even hot - for most of 2015, and it has been in the News & top of mind for Buyers and Sellers throughout the City, and beyond. We are well... 2015 Vancouver Commercial and Real Estate Forecast.2014 has been a very strong year for Real Estate activity and sales for both the Commercial and Residential sectors in the Greater Vancouver market, and throughout B.C. generally. Furthermore, this strength... Immigration Trends and the Future of Vancouver Real Estate.Real Estate values are driven by supply & demand. The most potent drivers of real estate demand are population growth & economic growth. Vancouver & the Lower Mainland, with its limited, even... So Real Estate Is A Great Investment - Why Vancouver Real Estate?Can prices go any higher!? Every year people ask this question about real estate in the Vancouver area. For local investors, this is a critical question as investment returns here rely heavily on capital... Real Estate Investment Is For Everyone!The Vancouver area Real Estate market has taken a significant hit lately, and the bloom is certainly off the rose. This is partly a result of the challenges now facing all world finance markets, and also... |