Blog by Dave Burch

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Interest Rates historically low. But heading up?

October 20th, 2011

Optimism, that the European Union is getting closer to agreeing on a solution for Greece, has directed the markets upwards this week.     Basically, the EU has increased funding for a program that will allow recapitalization of banks that are exposed the debt of countries that are potentially insolvent.    This has provided the global markets with a bit of confidence that the bank failures of ...

Thinking about purchasing in Whistler?

September 8th, 2011
There are a great variety of property types to choose from in Whistler; from ski-in / ski-out condos, to beautiful mountain chalets.  Some segments of the market, for example, 1 bedroom Phase One condos on the Blackcomb Benchlands, have fantastic selection and pricing that is the best it has been in eight years. Other segments, such as single family homes and chalets in desirable locations, w ...

Why Wait to Own your Lifestyle in Whistler?!

May 10th, 2011

Looking at a combination of real estate prices and the price of borrowed money, today is the best time to make the move to Own your Lifestyle in Whistler.
 
Whistler’s average chalet cost is at a 9 year low:

Median Chalet Sales Price 2002-2011
The Median Chalet Sale Price in 2011 is $992,000. This is the lowest it has been since late 2002.
 
Current interest rates are at a 25 year low:

Interest Rates Over 25 Years
 
Whistler is a complete Four-Season r ...

Whistler Chalet Inventory Trending Lower

March 22nd, 2011
Since January 1, 2011 there have been 17 chalet sales, 23 cancelled or expired listings and 54 new listings.

Chalet Trends March 2011

Realtors Earn Their Fees

November 14th, 2010

Realtors earn their fees

 
 
 
 

"The President of the Canadian Real Estate Association, Georges Pahud, today welcomed the decision of delegates . . . to approve CREA's consent agreement with (Canada's) Commissioner of Competition regarding the case before the Competition Tribunal."

Oct. 24 media release

Affirming ...

Whistler Real Estate mirror Vancouver Listings Trends

October 4th, 2010

See Stats on www.daveburch.ca for Whistler Real Estate Listings Stats

September Stats (From Real Estate Board of Greater Vancouver, REBGV)

Housing market factors indicate stability in recent months

September home sales in Greater Vancouver were consistent with activity experienced in the preceding two months across most categories.

The Real Estate Board of Greater Vancouver (REBGV) reports t ...

Olympic period home sales strong in Vancouver

March 11th, 2010

Home sales activity strong through Olympic period

The Greater Vancouver housing market continued to experience strong demand from homebuyers and an increase in total property listings in a month where the eyes of the world were focused on the region.

The Real Estate Board of Greater Vancouver (REBGV) reports that residential property sales in Greater Vancouver totalled 2,473 in February 2010, ...

Vancouver Real Estate Sales 3rd Highest December Ever!

January 5th, 2010

Slow start, strong finish for housing market in 2009

After beginning the year at near record low sales levels, buyers’ confidence in the Greater Vancouver housing market quickly returned, allowing for significant and sustained increases in the number of residential property sales for much of 2009.

The Real Estate Board of Greater Vancouver (REBGV) reports that total unit sales of detached, at ...

Canadian Real Estate Sales forecast to increase. Whistler Real Estate Pace Averaging.

August 30th, 2009

Strong home sales in the summer have prompted the Canadian Real Estate Association to dramatically increase its forecast for sales figures for this year.

The agency is now predicting 432,600 units will change hands this year. That's only 0.4 per cent below the 2008 figure, and it's significantly more than the 14.7 per cent sales decline the agency was forecasting as recently as May.

"The diff ...

Stong Housing Sales in June, Vancouver BC

July 3rd, 2009

Market conditions drive strong June housing sales

VANCOUVER, B.C. – July 3, 2009 – The combination of low interest rates and more affordable pricing helped propel Greater Vancouver home sale numbers to the second all-time highest total for the month of June.

The Real Estate Board of Greater Vancouver (REBGV) reports that sales of detached, attached and apartment properties increased 75.6 per ...

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