If anyone is talking about inflated home prices, Vancouver, Toronto and Calgary are the names of the cities thrown around. A few days ago, however, Ben Rabidoux published a report on the health of the Canadian housing market and unveils…
Tag Archive for home value
Who said real estate in BC is too expensive?
by Vasko DeLev • • 0 Comments
Everybody says so! Of course, Vancouver is pricey. But still there are homes in BC for sale even under $100K. Vancouver Sun did a simple search on Realtor.ca for cheap homes and came out with 14 homes. The Canadian Real…
What is happening with the Canadian real estate?
by Vasko DeLev • • 1 Comment
The main story is that sales are dropping. Home buyers are hesitating, or just waiting for the spring to enter the market. CREA reported a Canada wide decrease in sales by almost 16% compared to a year ago, even as…
Mixed start for housing
by Vasko DeLev • • 0 Comments
Toronto, Vancouver and Calgary have released their statistics for the first month of 2013. Those in the real estate business know that January is perhaps the slowest month of the year. Add the unusually cold weather this winter and you…
Real estate forecast: Mild dip in sales, higher prices by the end of 2013
by Vasko DeLev • • 0 Comments
Royal LePage in their newest report about the Canadian real estate forecasts a slow first quarter, fewer sales, and maybe a bit lower prices. Nothing dramatic, but it is a fact that sellers are in the mood to postpone listing…
Reading the news: Vancouver home sales drop 22% in 2012
by Vasko DeLev • • 0 Comments
Home sales in the Vancouver area decline by 22 per cent, even as the average price holds relatively steady, declining a little over two per cent compared to the level seen at the end of 2011. Read more… Vancouver home…
Toronto home prices gain 7% in 2012
by Vasko DeLev • • 0 Comments
Real estate markets are local. This is especially true for Canada. Due to different economic dynamics provinces and even cities within one province can differ significantly in housing prices and sales. Toronto and Vancouver went in different direction in 2012……
Predictions for 2013
by Vasko DeLev • • 0 Comments
A good part of some predictions is the fact that they never materialize. Like the one calling for the end of the world on Dec 21, 2012. To celebrate the occasion our family watched the movie “2012” yesterday: the day…
The housing market pulse
by Vasko DeLev • • 0 Comments
The Canadian Real Estate Association released the latest numbers tracking housing sales and prices nationwide. In September realtors sold fewer homes, but at a higher price compare to a year ago. Tougher qualifying rules for mortgages are blamed for the 15%…
How’s the Market?
by Moe McIlwain • • 0 Comments
The most common question in the history of real estate. Everyone wants to know, so I’ll tell you…It’s great! As great as you want it to be that is… Being an investor or any type of home buyer takes patience…