Investors Needed to Fund Ideas for New Urban Solutions

Investors Needed to Fund Ideas for New Urban Solutions
By Ron Friesen The rate of change in urban planning, as exemplified in Vancouver, BC is naturally and understandably causing some homeowners and veteran city dwellers to feel their interests and way of life are being left behind. Single-family homes are being replaced at an accelerated rate with multi-family homes along primary transportation corridors. Increased living density delivers a great... Read More

Has Real Estate Become More Valuable, Or Just More Expensive?

Has Real Estate Become More Valuable, Or Just More Expensive?
By Ron Friesen When a commodity does not offer added value in terms of location, shelter or otherwise, but the amount of currency required to obtain ownership has increased we would say it is more expensive, not more valuable. Let’s look at the relationship between purchase price and currency valuation. There are a number of explanations for the recent rapid... Read More

The Future of Greater Vancouver Residential Real Estate

The Future of Greater Vancouver Residential Real Estate
Risk, Reward and Barriers By Ron Friesen As the Greater Vancouver residential real estate market becomes more and more challenging for local citizens to get into and get ahead in the question of future value becomes more poignant. Discomfort sets in when a risk decision needs to be made about future real estate values. Understandable. We can refer to the... Read More

Will Vancouver Commercial Real Estate Have the Same Fate as the Housing Bubble?

Will Vancouver Commercial Real Estate Have the Same Fate as the Housing Bubble?
Altus Group, a provider of commercial real estate services, reported that real estate transactions in Vancouver were up 34% in just one quarter, the sixth straight quarter of growth. $3.75 billion in deal flow was recorded by Altus, 875 of those deals exceeded $1 million and 19 transactions for more than $25 million. The increase in commercial real estate sales... Read More

Vancouver Real Estate Bubble Has Burst and Home Owners Are Panic Selling

Vancouver Real Estate Bubble Has Burst and Home Owners Are Panic Selling
Vancouverites upset about being priced out of the housing market because of rising real estate prices fueled by foreign investors, are likely to be heard as the apparent bubble has just burst. Greater Vancouver home sales have fallen 85% in the first half of August to a mere 87, down from 597 homes over the same time last year. Meanwhile,... Read More

Vancouver Housing Market Data on Foreign Nationals Released

Vancouver Housing Market Data on Foreign Nationals Released
The provincial government has unveiled data on foreign home ownership this morning in Victoria which the government started tracking less than a month ago. Chinese foreign real estate investors have been singled out as the driving force behind the skyrocketing housing prices in the Lower Mainland. Buyers of homes were asked to disclose on property tax transfer forms, their country... Read More

Vancouver Real Estate Market Will Crash 30% to 80% Says Market Guru

Vancouver Real Estate Market Will Crash 30% to 80% Says Market Guru
The Vancouver housing market has been over performing for the past two years to what looks like a bubble. Foreign investment, over-bidding and slack mortgage lending criteria are all contributors to the 40% gains in June alone. Well, one man wants to do you a favour, short-selling guru and ex-hedge fund manager Marc Cohodes has done the media circuit trying... Read More