Bill Noy White Rock South Surrey Realtor
$3-million is the new $1-million

High end home sales have surged 35 per cent
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Home Prices by neighbourhood

Townhome Prices by neighbourhood

Apartment Prices by neighbourhood

Sales-to-Active Listings Ratio

Average price

Best August since 2011 Read more

 

August sales were higher than last year, But single family detached homes continue to outpace sales of townhouses and condos
 

Racism, affordability and Chinese buyers

It is no secret to anyone in Lower Mainland real estate that wealthy Mainland Chinese buyers drive the higher end of the market. However the impact in other areas of the market are not as significant. There are other factors at work driving overall affordability. As the Economist points out. Vancouver sits between San Francisco and Hong Kong in overall affordability. Bob Rennie delivered a speech to the Urban Development Institute in May, in which he said "sensational" stories making that link were "bordering on racism". Bob Ransford in the Vancouver Sun made similar comments.

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What are they? A Depreciation Report is a business plan that factors in when common assets such as roofs and elevators will need to be repaired, renewed or replaced. The idea behind depreciation reports is to budget for inevitable expenses so that strata owners are not ýblindsidedţ by Special Levies.
What is means to you No depreciation report creates uncertainty for buyers and may effect their ability to get financing.
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Strata
Strata
 
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If you're buying a new home it costs you nothing to have me representing your interests.

My commission is paid by the seller. There are clear advantages to using me as as your buyers agent.

 


Economic Forecasts

Facts and figures from the Brtish Columbia Real Estate Associatiion