{"id":1267,"date":"2016-09-08T16:49:16","date_gmt":"2016-09-08T16:49:16","guid":{"rendered":"https:\/\/schreders.ca\/?p=1267"},"modified":"2022-11-16T14:05:51","modified_gmt":"2022-11-16T19:05:51","slug":"real-estate-round-09-08-16","status":"publish","type":"post","link":"https:\/\/www.schreders.ca\/blog\/real-estate-round-09-08-16\/","title":{"rendered":"The Real Estate Round Up 09-08-16"},"content":{"rendered":"

The Schreder Brothers Real Estate Weekly Roundup<\/span><\/h1>\n

What\u2019s going on in Real Estate around the web & Other cool finds this week<\/span><\/h3>\n

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Is Vancouver’s real estate market really in free fall?<\/span><\/h2>\n

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Real estate prices are no longer skyrocketing and sales are slumping in Metro Vancouver’s red hot real estate market for the second straight month, statistics released Friday morning confirm. <\/span><\/p>\n

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B.C. hotel deal count thrives, Metro housing affordability dives<\/span><\/h2>\n

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A month from now the Western Canada Lodging Conference comes to town and will look back on a year of record volume in investment deals signed \u2013 not only in the real estate market as a whole (word has it that the tally for the first half of the year alone will approach $6 billion), but specifically in the hotel sector.<\/span><\/p>\n

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Vancouver becomes Canada\u2019s first ‘city of millionaires,’ study finds<\/span><\/h2>\n

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A strong housing market is making Canadians wealthier, on paper, as the value of their homes outstrips a rising amount of debt.<\/span><\/p>\n

Household debt across the country grew by 4.1 per cent last year to an average of $133,170 while average household net worth increased slightly more, rising by 4.3 per cent to $680,098, according to the latest WealthScapes analysis by Environics Analytics. That leaves many households in decent financial shape despite challenging market conditions.<\/span><\/p>\n

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It\u2019s a buyers\u2019 market for detached Vancouver homes: Realtor disputes Real Estate Board findings<\/span><\/h2>\n

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Is it really still a sellers\u2019 market with a 26 per cent decline in sales this August compared to the same time period last year?<\/span><\/p>\n

The August report from the Real Estate Board of Greater Vancouver had President Dan Morrison saying sellers still have the upper hand.<\/span><\/p>\n

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B.C. Liberals must pull off balancing act on real estate: observers<\/span><\/h2>\n

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Public outcry over British Columbia\u2019s sizzling real estate market pushed the province\u2019s Liberal government to introduce a foreign-buyers\u2019 tax last month, but uncertainty around the policy leaves little room for political manoeuvring before next year\u2019s election, once the impact of the tax is better understood, experts say.<\/span><\/p>\n

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B.C. government will not reconsider tax on foreign homebuyers, says premier<\/span><\/h2>\n

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he plunge in real estate sales and deceleration in price increases in the Vancouver area last month were exactly what the government was trying to manoeuvre, and Premier Christy Clark says there will be no changes to the foreign-buyers tax.<\/span><\/p>\n

Clark told reporters Tuesday that her government will not reconsider the 15-per-cent tax that is intended to calm what she called a \u201cdistorted market.\u201d<\/span><\/p>\n

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China\u2019s Largest Overseas Real Estate Firm Sees A Surge In Vancouver<\/span><\/h2>\n

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The foreign buyer tax may not have had the impact BC Liberals were hoping for. Juwai, China\u2019s largest international property portal, has seen a surge in inquiries for homes. Huh? I know what you\u2019re thinking, demand is down \u2013 but it\u2019s not down in the way you would think. Foreign buyers are making less risky investments, and that will likely drive low-end prices higher.<\/span><\/p>\n

READ MORE >>><\/a><\/span><\/p>\n

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50-storey education centre proposed for former Surrey Stardust roller rink site<\/span><\/h2>\n

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A developer has announced plans to replace the former Stardust roller rink building in Surrey city centre with a $200-million, 50-storey education centre.<\/span><\/p>\n

READ MORE >>><\/a><\/span><\/p>\n

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Have New Listings Emailed To You!<\/span><\/h2>\n

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The Schreder Brothers Real Estate Weekly Roundup What\u2019s going on in Real Estate around the web & Other cool finds this week   Go To … …<\/p>\n","protected":false},"author":2,"featured_media":1270,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4,116],"tags":[115],"class_list":["post-1267","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-blog-post","category-real-estate-news","tag-real-estate-market"],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/www.schreders.ca\/blog\/wp-json\/wp\/v2\/posts\/1267","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.schreders.ca\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.schreders.ca\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.schreders.ca\/blog\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.schreders.ca\/blog\/wp-json\/wp\/v2\/comments?post=1267"}],"version-history":[{"count":1,"href":"https:\/\/www.schreders.ca\/blog\/wp-json\/wp\/v2\/posts\/1267\/revisions"}],"predecessor-version":[{"id":70784,"href":"https:\/\/www.schreders.ca\/blog\/wp-json\/wp\/v2\/posts\/1267\/revisions\/70784"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.schreders.ca\/blog\/wp-json\/wp\/v2\/media\/1270"}],"wp:attachment":[{"href":"https:\/\/www.schreders.ca\/blog\/wp-json\/wp\/v2\/media?parent=1267"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.schreders.ca\/blog\/wp-json\/wp\/v2\/categories?post=1267"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.schreders.ca\/blog\/wp-json\/wp\/v2\/tags?post=1267"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}