Housing: Real Insanity
Article from Canadian Business magazine
One day last February, a small group of real estate agents and reporters boarded a helicopter in Vancouver and flew south to the burgeoning community of White Rock. The purpose of the trip, organized by real estate brokerage Key Marketing Inc., was to promote a new condo development in which a 690-square-foot unit started at $325,900. "The best way to see real estate is from the air," Cam Good, Key's founder, told the media.
The agents, it so happened,...
Home buyers and sellers enter the housing market at near record pace in March
Activity in the Greater Vancouver housing market continued to strengthen in March with both the number of homes sold and added to the region’s Multiple Listing Service® (MLS®) reaching near record levels.
The Real Estate Board of Greater Vancouver (REBGV) reports that residential property sales of detached, attached and apartment properties in Greater Vancouver reached 4,080 in March 2011. This represents a 31.7 per cent increase compared to the 3,097 sales recorded in February...
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