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Why I Bought a Downtown Vancouver Condo in Domus – Condos for Sale

by Maggie Chandler January 31, 2012 First Time Buyers

As a first time Vancouver condo buyer, I’d looked extensively for four months, in four different Vancouver neighbourhoods on the west side and in four different price ranges. In total I’ve viewed over 30 condos with my realtor Maggie Chandler, as well as attending many open houses on my own.

I’d originally wished to be in …

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Canadian Housing Market a Balloon Not a Bubble-BMO – Homes for Sale in Vancouver

by Maggie Chandler January 31, 2012 Latest News

Bank of Montreal’s Sherry Cooper released this update on Canada’s real estate market

- Moderate activity, stable prices anticipated through 2013
- Low interest rates should hold affordability in check allowing household income to catch up with prices
- Currently strong sales in Alberta, Saskatchewan, Newfoundland & Labrador, as well as in Toronto, …

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BC Retail Sales in 2011 Best since 2007 – Vancouver Real Estate Market Update

by Maggie Chandler January 31, 2012 Latest News

Retail sales in B.C. rose for a fourth consecutive month in November, marking the longest string of consecutive monthly gains since late 2009. Total dollar volumes gained 0.3 per cent from October to reach a seasonally-adjusted $5.1 billion.

While activity trended at record highs in November, adjustment for …

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How is the Real Estate Market for Vancouver’s Shangri-la Condos?

by Maggie Chandler January 30, 2012 Local Market Data

How is the market in Vancouver’s Shangri-la Condo Building? How are sales compared to last year? Are prices up or down? Are condos selling faster? What price range is selling the best? The complex consists of 2 sections, each with their own address, entrance, elevators and concierge. The Live/Work section go to the 40th floor …

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Vancouver Luxury Condo Sales Jump 25% in 2011

by Maggie Chandler January 30, 2012 Local Market Data

The Vancouver luxury condo(over $2M) sales for 2011 have exceeded 2010 by 25%, making it the best year ever and the average price is 25% higher than it was a year ago but inventory has also risen 20% from a year ago.

Best Month for Sellers?

March/April

Sales over $5M

2010 -6
2011 -12 (of which 8 were on the …

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Real estate One of the Top Performing Sectors in 2011 – Homes for Sale in Vancouver

by Maggie Chandler January 30, 2012 Latest News

With real estate being one of the top performing sectors in 2011 – the S&P/TSX Capped REIT index was up by 15 per cent, or 24 percentage points above the return for the S&P/TSX composite – some have argued real estate won’t generate a repeat performance this year.

But Jeffrey …

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How is the Vancouver Real Estate Market in Fairview?

by Maggie Chandler January 27, 2012 Fairview

How’s the real estate market in Vancouver’s Fairview? Are prices up or down? What’s selling best? What’s the average sale price? What’s the days on the market? Are prices higher than a year ago?

What’s It Cost To Buy Fairview Real Estate?

You can buy a studio condo from $260,000. A one bedroom condo from $280,000 and a …

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*World’s most successful trader backs the Euro – Real Estate Market Update in Vancouver

by Maggie Chandler January 27, 2012 Latest News

George Soros, the man who made $1 billion by shorting the British pound on Black Wednesday in 1992, is backing the Euro by investing billions of his own cash.

Soros, who holds the record for making the most money in a day, revealed at the World Economic Forum this week …

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Where Are Foreigners Buying Real Estate in the United States – Real Estate News in Vancouver

by Maggie Chandler January 27, 2012 Latest News

Many Americans consider homeownership a key stepping stone to achieving the “American dream.” But no societal group values homeownership more than foreign-born U.S. residents: those who have come to the country to seek a better life, an American dream of their own. Consider this: nearly 80% of foreign-born …

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Will BC Gov’t Permit Theatres to Serve Alcohol? Vancouver Real Estate News

by Maggie Chandler January 26, 2012 Latest News

The provincial government is reviewing whether to lift restrictions on movie houses that prevent them from serving alcohol, Solicitor-General Shirley Bond said Wednesday.

Bond said she’s aware that theatres like the Rio Theatre in east Vancouver are grappling with historical provincial liquor licence regulations that may not reflect …

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