Blog

March Video Update

(April 16, 2012)

by REBGV

April Market Update

(April 16, 2012)

There has been a lot of mortgage news recently as the Big Banks fight for market share with record-low mortgage rates. In February, we covered how BMO Bank of Montreal started the mortgage wars by offering a 2.99% 5-year fixed rate mortgage. Other lenders followed suit, matching the 2.99% rate, but generally offering only a 4-year option. On March 29th, RBC Royal Bank signalled the end of this war... read more.

February Video Market Update

(March 19, 2012)

by REBGV

March 2012 Market Update

(March 19, 2012)

On February 21st, the BC government announced the 2012/13 Provincial Budget (http://www.bcbudget.gov.bc.ca/2012/default.htm). A fiscally conservative document, the budget calls for business tax hikes and a spending freeze in order to try and meet the government's commitment to return to a balanced budget by fiscal year 2013/14. Also included in the budget are several changes that will affect the h... read more.

February 2012 Market Update

(February 12, 2012)

Last month, the Bank of Montreal, in an attempt to gain market share during the slower winter housing months, surprised the mortgage industry by introducing a posted 2.99% 5-year fixed rate mortgage to the marketplace. The move prompted a bit of a mortgage war as other lenders played catch-up to match what was done by BMO. The result of all of this maneuvering is that consumers now have some of th... read more.

REALTORS Care® Blanket Drive 2011 - The Results

(January 15, 2012)

by REBGV

December 2011 Year End Housing Market Update REBGV

(January 15, 2012)

by REBGV

January Market Update

(January 09, 2012)


British Columbia Luxury Home Sales Continue Upward Surge in 2011

Happy New Year and welcome to 2012!

2011 was yet another record-breaking year for BC's luxury housing market. According to MLS stats, over 700 $3 million+ homes were sold in 2011, smashing the record set last year of 375, and more than tripling the number achieved in 2009. Macdonald Realty manager, Matthew Lee, whose firm sold the most... read more.

REBGV November Statistics Videocast

(December 09, 2011)

By REBGV

December Market Update

(December 06, 2011)

December 2011 Market Update

2011 was another strong, stable year for the housing market in BC as solid domestic demand and positive demographic shifts continued to buoy both prices and sales. The biggest gains were seen in the 5 municipalities of Vancouver, West Vancouver, Richmond, Burnaby, and White Rock. These 5 key markets averaged detached home price gains of roughly 20% in 2011. The remainder... read more.

15 West - North Vancouver Development Preview

(November 29, 2011)

I attended an exclusive development launch preview for 15 West development in North Vancouver. It was a top notch event, serving wine and gourmet appetizers while looking at a three screens showing 360 degree views of the development site from every floor of the future building. There was a full 2 bedroom, 2 bath, show suite which showcased excellent quality and design, and simulated views through... read more.

Mayoral Debate

(October 25, 2011)

I had the privilege to get one of the last remaining seats at the Mayoral Debate tonight. Mayor Gregor Robertson and City Councillor Suzanne Anton had a very civilized debate regarding various issues in Vancouver. Hot topics of interest included future transit plans and low cost housing developments. The biggest topic of the night was brought up, not by the candidates, but by Occupy Vancouver prot... read more.

30 for 30 Vancouver

(October 21, 2011)

Josh attended the event, 30 for 30 Vancouver, on Thursday, October 20, 2011. Mike Eckford and Fiona Forbes of Shaw TV’s Urban Rush hosted the event for Vancouver-area professionals to celebrate, network and raise funds. Taking place at the iconic Vancouver Art Gallery, 30 for 30 benefited Habitat for Humanity in Greater Vancouver. In attendance tackling homelessness in Vancouver included the Mayor... read more.