CMHC tracks apartment turnover in Vancouver’s hot rental markets

March 30, 2016 under Useful Articles
BY DERRICK PENNER, VANCOUVER SUN MARCH 29, 2016 The Canada Mortgage and Housing Corp. has embarked on an effort to record the rate at which apartments in Metro Vancouver’s hot rental markets change hands to better understand market dynamics. DARRYL DYCK / THE CANADIAN PRESS Photograph by: DARRYL DYCK , Vancouver Sun Results from Canada Mortgage and Housing Corp.’s first-ever rental turnover survey in M
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Poll shows Albertans gloomy on economy

March 30, 2016 under Useful Articles
AMANDA STEPHENSON, CALGARY HERALD More from Amanda Stephenson, Calgary Herald Published on: March 29, 2016 | Last Updated: March 29, 2016 5:54 PM MDT   Nearly nine in 10 Albertans have a negative view of the provincial economy, a new poll shows. In an online survey conducted by Insights West, 88 per cent of respondents described economic conditions in the province as “very bad” or “bad,” while only 10 p
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Burnaby outpaces Vancouver in tower development

March 22, 2016 under Useful Articles
By Jeff Lee, Matt Robinson & Brian Morton, Vancouver Sun March 21, 2016 Metrotown Towers in Burnaby, BC Wednesday, May 29, 2014. Photograph by: Jason Payne , Vancouver Sun Burnaby is putting up a forest of highrise residential towers over the next 25 years, far outstripping anything contemplated by Vancouver. Targeting land around rapid transit nodes and four malls — Metrotown, Brentwood, Lougheed and Edmo
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Metro Vancouver home sales set record for February The sales in February were 56.3 per cent above the 10-year sales average for the month.

March 3, 2016 under Useful Articles
By JOANNE LEE-YOUNG, Vancouver Sun March 2, 2016 Last month was the highest selling February on record for the Metro Vancouver housing market, according to the Real Estate Board of Vancouver. Photograph by: Jason Payne , PNG METRO VANCOUVER — Last month was the highest selling February on record for the Metro Vancouver housing market, according to the Real Estate Board of Vancouver. Residential property sa
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Tony’s Latest Updates – March 3, 2016

March 3, 2016 under Tony's Latest Updates
The local real estate market conditions are accelerating.  Last month was the highest selling February on record for the Metro Vancouver housing market. Clients purchasing a property are faced with unconditional offers hoping to win against multiple bids. It’s never been more difficult to purchase a home.  Inventory levels continue to trend lower, with the exception of a few areas along with elevated demand. 
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