Protected: Facts By Email #6 – Vancouver SF House Sales And Prices May Not Recover This Year
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1. Maple Ridge: Price $219,000, 2 car parking - $10 fee for 2nd spot. Laminate floors and new paint, quiet location, fenced yard, close to shopping and bus. 5 yr roof. Maint. $240. 48 units in total. 2. Mission: 6 bedroom, 3 bath home on 5,663 lot which is 52' by 120'. 2,740 square feet. Total
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NUMBERS: SALES WAY DOWN. PRICES UP OVER SEPTEMBER 2015, DOWN OVER APRIL 2016 OUTLOOK CONFERENCE SPEAKERS OUTLINED THE 2017 OPPORTUNITIES OZZIE JUROCK: THE ECONOMY AND HOUSING MARKETS KYLE GREEN: GET REFINANCED NOW! CHARAN SETHI: SURREY IS THE FUTURE RAY LEVESQUE AND DAVID SEINBERG: INVEST WHERE YOU RETIRE. TREVOR BOLIN: THE NORTHEAST B.C. BOOM RICK HOOGENDOORN: VICTORIA REAL ESTATE OPPORTUNITIES BIG PENSION FUNDS BAILING OUT OF METRO VANCOUVER PRIZED ASSETS ON BLOCK AS BEAN COUNTERS PLAY ODDS TRUMP OPENING SIGNALS HOTEL BOOM ACROSS B.C.
LANDLORDS RUSH TO UNLOAD APARTMENT BUILDINGS BEFORE RECORD PER-DOOR PRICES START TO CLOSE HOT PROPERTY: 4 PLEX $299,000 IT’S COMMERCIAL, STUPID UH. OH. GOVERNMENTS VOW TO HELP HOUSING MARKET B.C. ECONOMY: HOMES WORTH MORE THAN FORESTS, MINES, LNG COMBINED; LOAFERS TRUMP WORK BOOTS IN THE OUTBACK
B.C.’s housing market is not in a bubble. A bubble is when a buyers’ market appears and this is when the sales-to-listing ratio for MLS action falls below 12%. In that scenario only two areas of the province now favour buyers: The Kootenays, with a sale to listing ratio of 8.7%, and northeast B.C., where the ratio is