Christina Erl Real Estate Blog

June 2015 Market Update

(July 06, 2015, posted in Market Update)

Metro Vancouver home sales set record pace in June

Last month was the highest selling June, and the second highest overall monthly total, on record for the Real Estate Board of Greater Vancouver (REBGV).

The REBGV reports that residential property sales in Metro Vancouver* reached 4,375 on the Multiple Listing Service┬« (MLS┬«) in June 2015. This represents a 28.4 per cent increase compared to the 3,4... read more.

THE EFFECT OF FOREIGN INVESTMENT

(July 01, 2015, posted in Investment Property)

The Effect of the Chinese Buyer #CHINARISING

In the last five years, foreign investment in real estate from the Chinese Buyer has increased from $17Billion to $131Billion and it is climbing rapidly. The top countries for these Chinese real estate investment dollars are:
1. United States
2. Australia
3. United Kingdom
4. Canada
The most expensive cities like New York, Sydney and London continue to domina... read more.