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5695 Newton Wynd, Vancouver - 25,420,000

This home has 8 bedrooms and 13 bathrooms. For $25 million, you could also own director Steven Spielberg’s East Hampton’s home, which (aside from over a dozen bedrooms) features a state of the art film studio, stables, and a guesthouse.

Three ways to profit from our falling dollar

JONATHAN HAYWARD / THE CANADIAN With the loonie poised to tumble, there are still some ways to protect the value of your investment portfolio. By: Rudy Luukko Mutual Funds Columnist, Published on Sat May 18 2013 It wasn’t long ago that the Canadian dollar was one of the world’s most robust currencies, and that exposure to the weak U.S. dollar ...

Is Condo Market driven by Foreign Investors?

  Fears that foreign buyers and other temporary residents are snapping up an abnormal share of Metro Vancouver condos aren't borne out by statistics,according to a new analysis.    Urban futures researchers examined 2011 census data and found just 0 .8% of all homes in the metro region and 1.4% of apartments are occupied by foreign or temporary residents.    Vancouver ...

The baby boomer’s effect !!

The immense boost that the baby boomer gave to the North American economy over last several decades doesn't seems to be slowing its effect. It will continue to inflence the realestate martket in next decade or two. Real estate marketer and “condo king” Bob Rennie feels that Vancouver’s real estate market in the next 15 years will actually be two separate markets financed by ...

Boomers will finance kids' housing purchases, Vancouver's condo king says

  Developer Bob Rennie works on his speech at his Vancouver office ahead of his address at the Urban Development Institute Vancouver’s gathering on Thursday, May 16, 2013. Boomers will continue to drive the Vancouver real estate market, he says. Photograph by: Arlen Redekop , Vancouver Sun                   ...

Metro Vancouver multifamily home sales fall by nearly half over same period last year

Sales of multifamily homes in Metro Vancouver in the first three months of this year fell by nearly half those sold in the same period last year, Colliers International reported Thursday. “The surge in sales activity that is typically expected during the first quarter of a year did not materialize in 2013 as the 2,033 total new multifamily home sales represented a slight six-per-cent drop ...

How much is your property really worth?

Investor Paul Hecht explains how you can establish the real value of your property I'm often surprised at the number of investors who do not know how to determine the value of real estate. As an investor, it is crucial that you are able to determine value for yourself and not leave it up to someone else. The three primary yet different ways of determining value with real estate are the CMA, the ...

FIrst Time Home Buyers Advice | Episode 14 | Subject to Financing | with Chad Watts of the Mortgage Group

Vancouver First Time Home Buyers Guide 14 – Offer Explanation – Subject to Financing Top Vancouver Realtor Advice for First Time Home Buyers – Subject to Financing In Episode 13 of the First Time Home Buyers Guide for Vancouver, we discussed Subject Clauses in general. Today we’re going to discuss the Subject to Financing Clause in detail and how it relates to and affects ...

Vancouver Housing Bubble: Sales Drop From April 2012

The Vancouver housing bubble continues to burst with the news that home sales dropped 6.1 per cent in April from the previous year. Residential property sales in April fell to 2,627, down from 2,799 in April 2012. They do, however, represent an 11.9 per cent increase from March, which saw 2,347 home sales, the Real Estate Board of Greater Vancouver (REBGV) said in a Thursday news release. ...

Transition Year Expected for BC Housing Market

BCREA 2013 Second Quarter Housing Forecast Vancouver, BC – May 9, 2013. The British Columbia Real Estate Association (BCREA) released its 2013 Second Quarter Housing Forecast today. BC Multiple Listing Service® (MLS®) residential sales are forecast to edge up 1.9 per cent to 68,900 units this year, before increasing a further 6.5 per cent to 73,400 units in 2014. The five-year average ...
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