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Inspiration from Steveston Village

Article from Canadian Business magazine

 

One day last February, a small group of real estate agents and reporters boarded a helicopter in Vancouver and flew south to the burgeoning community of White Rock. The purpose of the trip, organized by real estate brokerage Key Marketing Inc., was to promote a new condo development in which a 690-square-foot unit started at $325,900. "The best way to see...

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Activity in the Greater Vancouver housing market continued to strengthen in March with both the number of homes sold and added to the region’s Multiple Listing Service® (MLS®) reaching near record levels.

 

The Real Estate Board of Greater Vancouver (REBGV) reports that residential property sales of detached, attached and apartment properties in Greater Vancouver reached 4,080 in...

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Chinese buyers and other uber-rich investors have priced average citizens out of the Vancouver housing market, and there seems little chance of turning this around. Vancouver is now the third most unaffordable city in the world.


By Peter Ladner

 

Of the many real estate flyers that arrive in my mailbox every week, this one really spelled it out (in English and Chinese): “Peter Saito can help...

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Detached (houses)

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* absorption rate equals the amount of time it would take to sell all current listings, given the current rate of sales, assuming no additional listings.  It is the current inventory and an idea of how long it will last.  An absorption rate of 14.8 means that the average house will take just under 15 weeks to sell right now.

 

Attached (condos and townhouses)...

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