The Portal excessive exuberance

Excessive Exuberance

As covered in last week’s market update, the sales slump continues as we head into the winter months, with a decline of 45% in Greater Vancouver. Sales are also flat in the Fraser Valley where only 901 properties exchanged hands—a…

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1650 alberni rendering

1650 Alberni

Residence Over 170 private homes  Luxury mixed-use tower 208,336 square feet “Set to become one of downtown Vancouver’s tallest luxury residential towers, 1650 Alberni is an icon of the future. Designed by SOM, the architects behind some of the most…

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Accessory Dwelling Units

Statistics Canada released Canada’s population estimates for the second quarter of 2022, reporting an increase of about 284,982 people for a total of 38,929,902. “This was the highest growth rate of any quarter since the addition of Newfoundland to the…

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Landrush Outlook 2023

Landrush

In-person events are back in full swing. Nothing matches the collective energy of people coming together to network and share success stories so that others can learn to leverage real estate as a vehicle to achieve financial independence. Not only…

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The fall housing market 2022

The Fall

TD Bank reported home prices could decrease 20-25% from the highs seen earlier this year—yet another portrayal of the sky falling. No one has a crystal ball, but eventually it will reach an equilibrium as with any cycle, and a…

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Buying foreclosure bank owned bc

Buying a Foreclosure

When a homeowner is unable to continue paying their mortgage, their home is claimed by their lending institution through a foreclosure process. This presents opportunities for buyers looking for discounted properties, though it comes with certain caveats. The bank will…

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