The Vancouver market remains very strong with prices up, sales up and inventory near historic lows. Not surprising were starting to see cries for the Government to step in and cool this market once again. Over the past 5 years the Government at all levels has thrown everything but the kitchen sink at the market in an effort to try and cool it by focusing on the demand side. Endless mortgage tightening, Stress Test, Foreign Buyers Tax, Vancouver Empty Homes Tax, BC Speculation Tax, Restrictions and Rental Rate Caps, Property Tax Increases. In the past they have pointed the finger at Foreign Buyers, Money Launders and Speculators as the cause. Today the buyers are all locals. Maybe it’s time we started working the supply side more ins ...

Been awhile since I posted a video tour of one of my listings. This is an exterior video of a home I just listed in the highly desirable Cedar Cottage area of Mt Pleasant. The special thing about this home is that it’s zoned RT-5. This allows for a legal duplex as well as an infill Stratified Coach house. This Coach house should not be confused with a laneway home. A Coach house will have a separate title and can be sold. Stay tuned for a video on these new stratified Coach houses coming soon. THIS HOME HAS NOW SOLD WITH MULTIPLE OFFERS - WELL OVER ASKING PRICE Offered at $1,699,000

As the condo market continues to heat up I’m hearing cries for the Government to step in and do something to cool the market. Right now condo prices are just starting to approach the prices they were at in late 2017. The Government has already thrown everything but the kitchen sink in the form of taxes and restriction to try and curb demand yet prices continue to climb. Maybe we should start working the supply side a bit more. Get rid of the red tape and exorbitant fees and restrictions the City of Vancouver puts on Developers. It’s worth a try because trying to curb demand in a city as desirable as Vancouver is just not working!

I just finished uploading this House/Single Family for sale, 1021 E 14TH AVENUE, Vancouver East, BCLocated on a quiet family friendly street on an RT-5 Duplex Lot in the highly sought after Mount Pleasant East neighbourhood. The house is currently separated into 3 suites and has tremendous potential for a fantastic family home, investment opportunity or redevelopment. Steps to one of the best school catchments in the city - Charles Dickens Elementary, great restaurants, and coffee shops. ** Showings by appointment only - March 25, 27 & 28 ** Have your Realtor book your private showing

I have often used a rule of thumb that if you buy a home today you can expect the value of that home to double every 20 years. I’m actually using quite a conservative rate of return here compared to what Vancouver homes have appreciated over the past 3 or 4 decades. I also compare how the slow and steady return of Vancouver Real Estate pales in comparison to what many high quality stocks have returned over the past 20-25 years.

In our current hot Canadian Real Estate market it was only a matter of time before I started seeing overly optimistic articles in various publications and blogs. They try and convey a message that RE only goes up, buy now or forever be priced out. Buy a pre-sale condo or two and make a $100K in a few years without having to close. Sure these things might happen if everything goes your way but what if it doesn’t? As always, I suggest my clients and viewers to always take a long term balanced approach to buying RE and why you always should have at least 8-10 year holding period with any property you buy. Don’t over leverage and allow a buffer for potential interest rate increases. Markets can do some crazy things in the short term and ...

I just finished uploading this House for sale, 1021 E 14th Ave, Vancouver, BCHighly desirable Mt Pleasant location on a quiet tree lined street. RM-5 Zoning with lots of potential. Walking distance to schools, parks, transit and trendy shops.

I can tell you from experience if you follow these habits you will have a great deal of success in your life. Hope you enjoy!

A variety of topics in this video including the record breaking February statistics from the GVREB as we move into a strong sellers market on all product types. CMHC Evan Siddal is leaving next month and tweets out that he was wrong on his bold prediction that the market was headed for a major correction and it's time again for the annual BC Envy Tax Declarations.

I just sold this Townhouse at 115 161 W GEORGIA STREET, Vancouver West, BC Downtown VW.View this recently sold Townhouse or see all my home sales