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News & Events

Resale fears abound across demographics!

According to the results of the latest poll conducted by CIBC, nearly two-thirds (62 per cent) of Canadian home owners are hesitant to sell their properties because of the prevailing climate of elevated home prices that would make it more difficult for them to get their next houses.This fear cuts across the demographic spectrum, despite the survey finding that around two in five Canadian home owners (41 per cent) are contemplating on making generous profits by selling their homes in...

Jurock’s Real Estate News

Nov.13 to Nov.20, 2014THIS WEEK IN JUROCK'S REAL ESTATE INSIDER:CMHC'S HOUSING OUTLOOK IS ROSY AND REALISTIC CONDO LANDLORDS BANK ON INCOME HOTTEST B.C. MARKETS IN 2015 ASSESSMENT RULING UPROAR: MILLIONS, PERHAPS BILLIONS LESS IN TAX PAYMENTS INVESTORS AWAKEN TO SUNSHINE COAST MARIJUANA RULES AFFECT REAL ESTATE OIL PIPELINES NOT NEEDED? REALITY COULD AFFECT REAL ESTATE INVESTORS RENTAL INVESTORS: TIPS TO USING CMHC INSURANCE MORTGAGE DEBT SLOWS AS HOME SALES INCREASECMHC's Housing Outlook Is Rosy And RealisticThe annual Housing Outlook conference held by Canada Mortgage and Housing Corp. November...

Jurock’s Real Estate News

Nov.6 to Nov.13, 2014THIS WEEK IN JUROCK'S REAL ESTATE INSIDER:BOB RENNIE EXPLAINS 20% THEORY A NEW MONEY HUB? FOR DEVELOPERS, IT IS ALL ABOUT THE DIRT METRO LAND WORTH MORE THAN WHAT IS ON IT WHERE CHINESE ARE BUYING IN THE U.S.A WINDSOR THE MOST AFFORDABLE CITY? NO CONTEST WITH WATERFRONT HOUSES FOR $164K TORONTO'S NEW CONDO MARKET REMAINS WHITE-HOT PWC'S PICK OF TOP CANADIAN CITIES FOR 2015I N T E R N A T I O N A L: QUESTIONS, QUESTIONSSeveral questions this week regarding Japan's major...

Jurock’s Real Estate News

Oct.23 to Oct.30, 2014"When a market goes down fast, you have no idea how low it can go." -Dennis GartmannTHIS WEEK:SUBURBS THAT ARE UNDER PERFORMING THE MARKET (OR HOW TO STAY IN METRO VANCOUVER) TOWNHOUSE PRICES A BEST BUY $600,000 PAYS FOR A LOT OF FERRY FARES BUYING A RENTAL WITH TENANTS IN PLACE WHAT APARTMENT MARKET GURUS ARE SAYING 7 HOT SASKATCHEWAN TOWNS RICH IMMIGRANT 'DECEPTION' COST CANADA BILLIONS HOT PROPERTIES SELL FAST HSBC IS NOW OFFERING A .99% MORTGAGE FOR 2 YEARS $75 OIL IMPACT IN PIPELINES?I...

Jurock’s Real Estate News

Oct.16 to Oct.23, 2014 "There is little success where there is little laughter." -Andrew Carnegie.THIS WEEK: BLACK WEDNESDAY STOCK CRASH SITE C DAM GIVEN GREEN LIGHT INSTANT TOWNS RISING IN NORTHERN BC BUCK THE LOONIE; BUY IN THE U.S. NOW CANADIANS BUY $563M IN U.S. COMMERCIAL REAL ESTATE - IN JUST SIX MONTHS SASKATCHEWAN LAND PRICES ARE SOARING VANCOUVER NEW HIGH-RISE CONDO SALES NEED ASIAN BUYERS AND LOTS OF THEMI N T E R N A T I O N A L: BLACK WEDNESDAY?With Toronto down 12% since...

Jurock’s Real Estate News

Oct.2 to Oct.9, 2014FACTS THIS WEEK: EARLY VANCOUVER NUMBERS - BEST IN 4 YEARS CHINESE BUYERS WILL KEEP COMING IF WE DON'T BORE THEM TO DEATH TROUBLED CITIES SHOW REAL ESTATE RESILIENCE VANCOUVER LAND LISTINGS REVEAL TOWERING PRICES PROPERTY TAX RULING MAY AID B.C. RETAIL TENANTS DON'T SWEAT THE DOWNTURN IN US HOUSING SALES INTEREST RATE PREDICTIONS WITH A GRAIN OF SALTI N T E R N A T I O N A L: Chinese Buyers Will Keep Coming If We Don't Bore Them To DeathThere is...

Jurock’s Real Estate News

Sept. 25 to Oct. 2, 2014FACTS THIS WEEK: THE RICH ARE MULTIPLYING AND TRENDS ARE EMERGING RICH-OTHER GAP HAS SPACE FOR ENTREPRENEURS MODULAR HOME PARKS MUCH BETTER DEAL IN THE U.S. 10 TIPS FOR INVESTORS TOUGH, FAIR AND SMART: PROPERTY MANAGEMENT NO PLACE FOR THE TIMID CHAOS WARNING IN VANCOUVER HOME BUILDING HARRISON HOT SPRINGSQuestions, QuestionsQ: A lot of talk about the big Vancouver Housing crash in the Huffington Post. Ozzie, your thoughts please. A: Yes, Hilliard MacBeth was quoted saying just that: "...

Jurock’s Real Estate News

Sept. 17 to 24, 2014"Never stop and say, 'I have done enough.' When you say that you are going backward, not forward." -Morley GreeneFACTS BY EMAIL THIS WEEK: Real Estate Outlook 2015 Covered All The Bases Debt & Demographics Lessons From An Illustrious Career On The Ground In Northeast BC Two Alberta Towns To Invest In Now Formula For Investing In Phoenix Whistler: Move Fast For Opportunities Saltspring: A Love Power Of Property ManagementTip Of The Week: MORTGAGING THE AGING - DISCRIMINATION? HOW DO YOU DO IT?!Real Estate Outlook...

No Vacation for Home Buyers in August

Vancouver, BC – September 12, 2014. The British Columbia Real Estate Association (BCREA) reports that a total of 7,341 residential sales were recorded by the Multiple Listing Service® (MLS®) in August, up 7 per cent from August 2013. Total sales dollar volume was $4.1 billion, an increase of 12.4 per cent compared to a year ago. The average MLS® residential price in the province rose to $560,318, up 5 per cent from the same month last year.“Consumer demand remained relatively...