Market Commentary
Metro Vancouver October 2018 Statistics Reporting
November 7, 2018 | Posted by: Francine Tracey
See below link for the most recent stats on the market: Conclusion- Detached homes in buyer's market, approaching balanced market. All other classes are in balanced market a ... [read full post]
Category: Residential Market News
Sherry Cooper's Comment on Today's Bank of Canada Rate Hike
October 24, 2018 | Posted by: Francine Tracey
As was universally expected, the Bank of Canada's Governing Council hiked overnight rates this morning by 25 basis points taking the benchmark yield to 1-3/4%. This marked the fifth rate increase sinc ... [read full post]
Category: Rates and Rate Forecasts
Canada Day: Celebrate 150 Years of Prosperity in BC
June 27, 2017 | Posted by: Francine Tracey
Here is an excellent list of major economic events - 150 of them to be exact - occurring in British Columbia over the past 150 years. Thank you to Business In Vancouver for publishing this list. ... [read full post]
Category: Commercial Market News
Retail Landlords: Should you consider Cannibus Distribution ? Here are the why not's
June 21, 2017 | Posted by: Francine Tracey
Written by Chad Finkelstein, Financial Post. Link to article at the bottom. Someone called me for advice about their operation of a cannabis dispensary, clearly confused about whether the ... [read full post]
Category: Commercial Market News
BC Strata Laws allow for sales of multi-family multi-owner buildings...
March 28, 2017 | Posted by: Francine Tracey
Business in Vancouver points out the unintended consequences of these new laws..... Change_in_BC_Strata_Law_to_sell_Multi_family_Multi_Owner_Buildings.pdf ... [read full post]
Category: Commercial Market News
BC Property Transfer Tax Update January 2017
January 30, 2017 | Posted by: Francine Tracey
I just received this note from Tony..... Re: PTT for non-residents with a work permit Good afternoon everyone, In yet another announcement regarding the Property Transfer Tax, the provincial ... [read full post]
Category: Residential Market News
INVESTOR OPPORTUNITY UPDATE
January 22, 2017 | Posted by: Francine Tracey
Below is a copy of my January 2017 Newsletter. If you wish to subscribe to this newsletter please contact me. AND NOW FOR THE NEWS.......RE-CAP of 2016 2016 was a very busy year and desp ... [read full post]
Category: Commercial Market News
Summary of 2016 Residential Market Data for Metro Vancouver
January 22, 2017 | Posted by: Francine Tracey
This is an excellent video summarizing the 2016 Market: In my opinion, we are not going to see much in the way of further price drops in any given market segment. Although sales volume is down, the sa ... [read full post]
Category: Residential Market News
BC Housing Second Mortgage Financing Guidelines
January 11, 2017 | Posted by: Francine Tracey
The new second mortgage program launches January 15, 2016. Here are the guidelines for homeowner qualifications: BC HOUSING SECOND MORTGAGE FINANCING GUIDELINES ... [read full post]
Category: Residential Market News
East Hastings Corridor of Vancouver in Commercial Real Estate Development Boom
September 14, 2016 | Posted by: Francine Tracey
Here's a great article provided by the Vancouver Sun on the development activity on the East Hastings Corridor of Vancouver. Developers Wall Financial, Solterra, Millennium, and investor's Chip ... [read full post]
Category: Commercial Market News