MacLeans Admits it has been wrong?!!

February 22nd, 2014
This blog post has been edited after learning that my assumed dates for the MacLean's article were incorrect.

Thank you for pointing out the accurate date of the MacLean's article I quoted where the author admits they have been consistantly wrong with their bearish predictions from the period between 2008-August 2011 when it was written.  I assumed incorrectly that the article was current as ...

New Canadian Citizenship Statistics from China: Real Estate Impact?

February 16th, 2014

The following information has been obtained from government sources believed to be reliable.  No representations are made in relation to the veracity thereof.

 

2007 2008 2009 2010 2011 2012-1st half
Canadian Citizenshp Applications
Submitted by Chinese Citizens
New Canadian Citizens 24,348 21,027 ...

Richmond Real Estate Market Report-Largest Price Declines

February 16th, 2014
Over the last 14 days ending with Feb 16, there have been 79 price changes of which 71 have been price reductions on all property types listed in Richmond. Below is a complete table of all of the price reductions listed in order of percentage magnitude of the price change.  For a more in-depth analysis on Seller motivation on any particular listing, please feel free to call me at 7787-227-732 ...

Vancouver Real Estate Market Report

February 15th, 2014
Sellers' Delusion Index for Vancouver, 11 months Ending January 2014


Here are the Vancouver numbers (East and West sides) for my SDI which includes data from the last 11 months. As you go through this data, bear in mind that the lower the SDI number, the stronger and "less disappointed" sellers are.  A high SDI indicates frustration of the listing process while a low one indicates transactions ...

Richmond Real Estate Market Report

February 15th, 2014
Sellers' Delusion Index for Vancouver, 11 months Ending January 31, 2014


Here are the Richmond numbers for my SDI which includes data from the last 11 months. As you go through this data, bear in mind that the lower the SDI number, the stronger and "less disappointed" sellers are.  A high SDI indicates frustration of the listing process while a low one indicates transactions instead of frustra ...

Great Property Investment Opportunity?

February 6th, 2014
I am reviewing a property investment in North Vancouver which has a very high likelihood of obtaining a substantial increase in density and hence value, in an amazing location.  It seems to have a strata with questionnable management where meetings are described IN THE MINUTES using words such a "disruptive, pandemonium, offensive" and where "calling the police" has been discussed as an optio ...