On February 8, 2016, the 4,713th Chinese year has begun. This is the Year of the Red or Fire Monkey – a year traditionally linked with both economic turmoil and the potential for reaping great profits from well-calculated risks – the idea of outsmarting the monkey. Read more at rew.ca
Click on the picture to watch this great video – Jonathan Cooper of Macdonald Real Estate Group talks the impact of Chinese Buyers, the dropping dollar and American investors on BNN. Macdonad Realty is the only Vancouver real estate firms to have an on-the-ground presence in China.
Whistler – End of year statistics
We have prepared a great end of year overview for you to see the 2015 Whistler statistics. Click here to see the full statistics.
January Real Estate Market Update
Home buyer competition keeps home sellers in the driver’s seat
Home buyer activity remains at near record levels across the Metro Vancouver housing market. Residential property sales in Metro Vancouver* totalled 2,519 in January 2016, an increase of 31.7 per cent from the 1,913 sales recorded in January 2015 and a 10.9 per cent decline compared to December 2015 when 2,827 home sales occurred. Read more and download the full stats pack here.
New Developments in Squamish
Whistler Blackcomb could get some competition with the Garibaldi at Squamish ski resort getting environmental approval. There are 40 conditions attached to the approval certificate for the Garibaldi at Squamish all-season mountain resort. However, the $3.5 billion project won’t be complete for another 20 years. Read more here.