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Metro Vancouver ‘millionaire’ homeowners selling out and buying in rural areas

February 29th, 2016
Metro Vancouver &#8216;millionaire&#8217; homeowners selling out and buying in rural areas
 

This 4,560-square-foot home on 14 acres in the Ryder Lake community of Chilliwack sold for under $1 million. — Graham Osborne

Photograph by: Graham Osborne

Millionaire homeowners cashing out of Metro Vancouver’s red-hot real estate market are seeking greener pastures elsewhere in B.C.

Real-estate experts say they’re seeing more city slickers selling off their urban homes ...

Architecture for the ages-Your seeing a lot more of this kind of housing in Vancouver

February 24th, 2016

Young adults are getting squeezed out of the housing market. Their parents, meanwhile, want to downsize without leaving familiar neighbourhoods. The solution couldn’t be simpler to a growing group of designers: Rethink (and rebuild) the family home to suit several generations for the long haul 

Architects Janna Levitt and Dean Goodman designed a house that could easily shift to accommodate children, future renters and, one day, their golden years.

Architects Janna Levitt and Dean Goodman designed a house that could easily shift to acc ...

Pressures on to increase Vancouver Housing Density

February 24th, 2016
Barbara Yaffe: Urbanization trend in B.C. can only intensify
 

While smaller communities across B.C. face declining population numbers, places like Vancouver, Victoria and Nanaimo are the focus of increasing densification and urbanization.

Photograph by: DARRYL DYCK , THE CANADIAN PRESS

A weak currency and slumping global commodity prices are indirectly contributing to a rush on Lower Mainland real estate.

The two forces are aggrava ...

Winning A Vancouver Bidding War, Lessons From The Trenches

February 21st, 2016

Winning a Vancouver bidding war, lessons from the trenches.

In this crazy market it’s not uncommon for there to be 10 competing offers for the house you would like to call home and sadly that’s not likely to change in the near term unless the federal, provincial and municipal governments take coordinated action to slow down foreign investment in the Vancouver real estate market.  So you ask; ...

Are Negative Interest Rates Coming To Canada?

February 20th, 2016

For thousands of years, savers were paid to deposit money. Over the past few months, that time-honoured practice has been flipped on its head.

Around the world, interest rates are going negative.

An astounding 27 per cent of the global government bond market is now trading at subzero rates, meaning that investors are effectively having to pay for the privilege of stockpiling wealth. In Euro ...

104 1468 ST. ANDREWS AVENUE, North Vancouver, BC

February 19th, 2016

High quality, 1 bedroom plus den condo at the Avondale. This attractive ground floor unit comes with a spacious patio for outdoor entertaining, beautiful granite countertops, S/S appliances, 9 ft ceilings, in-floor hot water radiant heating and security system. The Avondale is conveniently located walking distance to all the amenities of Central Lonsdale. This complex is pet friendly and allo ...

The Five Golden Rules of Home Staging Are:

February 18th, 2016

The five golden rules of home staging are:

  1. De-personalize: While your family photos are beautiful and your kids’ drawings on the fridge are adorable, buyers want to be able to picture themselves in the house- and that means putting away your photos, clearing your closets from unnecessary clutter, and using matching hangers to give your closet more visual impact.

  2. Maximize: Declutter and ma ...

B.C. tables balanced budget that targets overheated real estate market

February 16th, 2016

The B.C. government used its balanced budget Tuesday to address the high cost of real estate with tax incentives designed to spur housing construction and to address the controversy around foreign ownership.

Finance Minister Mike de Jong noted his province may be alone among Canadian provinces to post a surplus this year.

The $48-billion budget is based on “stable, steady but not spectacula ...

Just Listed 1 Bedroom & Den in the Avondale

February 16th, 2016
High quality, 1 bedroom plus den condo at the Avondale. This attractive ground floor unit comes with a spacious patio for outdoor entertaining, beautiful granite countertops, S/S appliances, 9 ft ceilings, in-floor hot water radiant heating and security system. The Avondale is conveniently located walking distance to all the amenities of Central Lonsdale. This complex is pet friendly and allo ...

Jan 2016, Central Lonsdale, North Vancouver Condo Sales 1-2 Million

February 16th, 2016
Address List Price Sold Price Sold Date
4 225 W 17TH STREET $1,225,000 $1,222,500 1/18/2016
1616 MAHON AVENUE $1,638,000 $1,576,190 01/06/2016
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