Why the foreign buyers tax isn’t making Vancouver more affordable
“One is always a long way from solving a problem until one actually has the answer.” – Stephen Hawking Attached are the Sales and Listings Stats updated to the end of July 2017. Typical of summer in Metro Vancouver, the weather heats up and the market cools down. And with the wet spring we had
“If you don’t like something, change it. If you can’t change it, change your attitude. Don’t complain.” – Maya Angelou. Sales and listings stats are attached as of July 23, 2017. As we saw last year, sales in June and July have shown successive declines as buyer fatigue and the summer weather take priority.
“Tell everyone what you want to do and someone will want to help you do it.” – W. Clement Stone Attached are the Sales and Listings Stats updated to the end of June 2017. With more ups and downs than our provincial government landscape, residential home sales in June saw a decline in Greater Vancouver
“Sometimes the questions are complicated and the answers are simple.” ― Dr. Seuss Attached are the Sales and Listings Stats updated to the end of May 2017. What was flat is now up! We saw the market spike in May with 4,425 homes sold in Greater Vancouver compared to 3,617 sales in April, an increase of 22
“Most of the shadows of life are caused by standing in our own sunshine.” – Ralph Waldo Emerson Sales and listings stats are attached as of May 14, 2017. May sales are at a higher pace than that of April at mid-month. With one surprise, we are seeing the detached market improve in terms of
“The bad news is time flies. The good news is you’re the pilot” – Michael Althsuler Attached are the Sales and Listings Stats updated to the end of April 2017. Flat is the new up! We saw the market remain consistent in most areas over the last two months. With April homes sales pretty much
“Pull the string, and it will follow wherever you wish. Push it, and it will go nowhere at all.” – Dwight Eisenhower Sales and listings stats are attached as of April 16, 2017. The pace of April sales is close to matching that of March, unfortunately the same is not true of new listings. While