Vancouver is regarded as one of the most desirable places to live in the world and as a result we have a net in-migration of >35,000 people each year. While the Vancouver pre-2010 Winter Olympics real estate market slowed down, the over-supply is dwindling and has returned to levels not seen for about 18 months. … Read more
1. Is now a good time to buy? 2. Is now a good time to sell? In answering either question it must always be qualified with, “We don’t have a crystal ball”. So, is it a good time to buy? The correct answer can only come from the potential buyer; only by understanding the motivation … Read more
This week I returned from Puerto Vallarta, Mexico. While home sales might have slowed down slightly, asset appreciation is still happening in PV, and it is clear that those with money continue to buy there including many Canadians. I suspect that as paper portfolios diminish in North America, hard assets such as homes offer an … Read more