February 2011

BC's Commercial Real Estate Hits Records!!!

Posted on Feb 28, 2011

Commercial real estate investment in BC reached records highs of nearly $2 billion in 2010!
Commercial real estate investment volume was $1.946 billion last year with 99 sales transactions completed. No single transaction skewed dollar volumes as in 2009.

I have noticed a lot of buyers around ranging from private people, pension funds, life companies...

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Gains in Metro Vancouver housing outpaced TSX since 2000

Posted on Feb 09, 2011

Metro Vancouver real estate has proved to be a solid investment over the last decade despite the market's recent ups and downs, according to a new report. However, analysts warned that those returns will be hard to match in the coming 10 years. A Metro Vancouver home earned its owner a compounded-annual return of 7.8 per cent between the start of 2...

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Greater Vancouver real estate prices surged 7.8 per cent a year for more than a decade

Posted on Feb 09, 2011

VANCOUVER - It’s been a seller’s market in Greater Vancouver for 55 per cent of the last eleven years.Buyer’s market prevailed only 13 per cent of the time, while the remainder was balanced.
Values rose from $295,978 in 2000 to $675,853 in 2010 — for a compounded rate of return of 7.8 per cent each year, while Canada earned a 6.8 per cent return ove...

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Seller's Market Around The Corner!

Posted on Feb 02, 2011

VANCOUVER -- Metro Vancouver's housing market remained in balanced market conditions in January, although there were signs of a sellers' market returning with higher levels of demand in larger communities.
“There was a healthy balance between the number of home buyers and sellers in our market in January, but there’s always variation in activity fro...

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