Several reports cite lack of supply as a significant cause of unaffordable housing in Vancouver, and In Canada
Unaffordable housing has been a problem plaguing Vancouver, Canada for quite some years now. With its major cause rooted in a severe housing ...
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Posted by Hani Faraj on May 18, 2022
Will The Canadian Real Estate Market Return to Normalcy in 2022?
The year 2021 made it to the real estate history books! The COVID-19 pandemic ushered in a buying frenzy that resulted in record home sales and a ...
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Posted by Hani Faraj on January 19, 2022
5 Factors That Reveal Where The Real Estate Market Is Really Headed
In a July release, the Canadian Real Estate Association reported that home sales had fallen for three months in a row after reaching an all-time high ...
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Posted by Hani Faraj on December 8, 2021
Q: What’s the Latest From Our BC Market?
Here are the key figures to know about our B.C. market as we head into fall.
The latest housing market data is in for the month of August; how is ...
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Posted by Hani Faraj on September 16, 2020
Fraser Valley Real Estate at Its Peak Since 2018
Fraser Valley Real Estate at its Peak since 2018
A rise of 38.8 per cent (total of 1,592) property sales of all property types on Multiple Listing ...
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Posted by Hani Faraj on November 4, 2019
Increased demand helps housing market reach balanced territory
Photo from Real Estate Board of Greater Vancouver
Increased demand helps housing market reach balanced territory
Home buyer demand has returned to ...
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Posted by Hani Faraj on October 2, 2019
The April Housing Update Is Here!
Last month, we witnessed fewer buyers and many more home sellers. The Real Estate Board of Greater Vancouver (REBGV) has reported that the ...
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Posted by Hani Faraj on May 8, 2018
The Housing Speculation - A debate among the public but not the B.C Liberals
There were a lot of arguments underway when the six candidates for the leader of the B.C Liberal Party met for a debate last week. The last one ...
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Posted by Hani Faraj on February 5, 2018
One Year of Foreign Buyers’ Tax in Vancouver
The British Columbia (B.C.) government began collecting data on the number of foreign buyers in Metro Vancouver and found out that non-permanent ...
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Posted by Hani Faraj on August 4, 2017
The Upward Housing Trend in The City of Glass
“The housing market everywhere in the world is currently in the mid-cycle, Canada, specifically Vancouver’s real estate market has a ...
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Posted by Hani Faraj on May 11, 2017
China Is Back On Track, But For How Long?
2017 seems to be a year where developing economies of the world are taking a turn for the better, once again. After a power-packed Q1 this year, the ...
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Posted by Hani Faraj on April 28, 2017
Decreased Supply in Metro Vancouver Homes limits Buyers.
The second month of 2017 has brought in a wave of disappointing news. According to the figures, the number of residential home sales in ...
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Posted by Hani Faraj on March 5, 2017
The Gift by Liberals – The B.C Budget 2017 provides for a 50% cut in MSP premiums and other benefits.
The BC Finance minister, Michael de Jong delivered a pre-election balanced budget which has been termed as the “People’s Budget”. ...
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Posted by Hani Faraj on February 28, 2017
The implementation of Empty Home Tax is here
The long-standing empty homes tax is inching towards implementation. The Mayor of Vancouver press conference of September 14, 2016 to discuss the ...
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Posted by Hani Faraj on September 19, 2016
Wall Financial Corporation closes deal on Binning Towers
It has turned out to be an exceptionally profitable second quarter for Wall Financial Corporation, which soared to 711%, which amounts to more than ...
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Posted by Hani Faraj on September 16, 2016
Vancouver based investment firms join hands to counter housing affordability issue.
Due to the affordability-housing crisis in Vancouver, two of the biggest Investment Funds have announced their agreement to tackle the issue at hand....
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Posted by Hani Faraj on September 15, 2016
Airbnb Eats into Rental Housing Sector in Vancouver,BC
The City Of Vancouver is still recovering from the introduction from many acts, taxes and increases when Airbnb has upped the ante by offering new ...
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Posted by Hani Faraj on September 5, 2016
Blue-Collar Immigrants Affected by Foreign-Buyer Tax
Source: Biv.com
The real estate sector of the Fraser Valley is doubtful about British Columbia’s foreign buyer tax that can possibly dissuade ...
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Posted by Hani Faraj on August 20, 2016