Vancouver real estate market heating up again as sales and prices recover from buyers tax Realtors in Canada’s most expensive city for housing report that market activity returned to near record levels in May, a mere nine months after the province introduced a 15 per cent tax on foreign buyers… Financial Post Condo flipping on […]
Canada Tops Indebtedness, Vancouver’s Costliest Listing, Cooling Measures Backfires, Bubble Coming Back
Real Estate Roundup Global News reported Canada is a celebrity when it come to debts, not only houldhold debts, but also commercial debts that is heavily skewed toward real estate. While the real estate is entering a tumultous era, Vancouver shows off her most expensive listing ever – $63 millions Belmont Estate, a 21,977 sf home […]
Vancouver Real Estate Rebounded – Sales Up & Prices Up
First, we heard, Bubble, bubble, Canada’s housing market poses trouble, IMF says MarketWatch Canadians’ Faith In Real Estate Fizzles As Toronto Sales Plunge That confidence is now falling as evidence mounts of a slowdown in the Toronto area, Canada’s largest housing market. The Bloomberg Nanos consumer confidence barometer found the share of Canadians expecting house prices […]
Toronto & Vancouver Housing Markets Are No Longer Sexy?
So it seems, Toronto, Vancouver Housing Markets Have ‘Topped Out’: Real Estate Association And, TD Bank sees a possible “soft landing.” – huffingtonpost.ca Sexy House? Image Source Is this the consequence of the announcement of of “imminent” tax on vacant homes …?
Vancouver Empowered To Tax Empty Homes
Attention: Investors who parked their money in Vancouver real estate You gotta pay more taxes very soon, if you leave a building vacant like this one, (because Mr. de Jong will empower the city to dig the hell out of your pocket): – Image Source Vancouver: “I Got The Power” Provincial B.C. government to change Vancouver charter […]
Vancouver: Foreign Buyers, Flawed Numbers, Racism, Unaffordability & Downturn
Hardly anyone believe only 5% of real estate buyers are foreigners Preliminary data collected by the B.C. government suggests only 5% of the recent buyers (last 20 days to be exact) are foreigners. Guess what, hardly anyone believe that is the case, many commented the 5% as flawed, misleading, obfuscatory, laughably incomplete and useless … downright […]