Tag Archives: realtors

Friday Free-for-all! June 3rd 2016

Yep, it’s another one.

As we wind down the work week and head into another weekend it’s time for another Friday Free-for-all!

This is our regular end of the week news round up and open topic discussion thread.

Here are a few recent links to kick off the chat:

Drastic measures to slow market?
Taxpayers send realtors on trip?
Dirt earns more than all workers
Houses hit all time high
Bubble Timeline
Replace income tax with property tax
Scotiabank concern over Vancouver & Toronto

So what are you seeing out there? Going to any open houses this weekend?  Post your news links, thoughts and anecdotes here and have an excellent weekend!

What roll for developers in affordability debate?

Often when it comes to real estate stories in the local media the people interviewed are developers, marketers or realtors. These are all professionals who deal with the market every day, so it makes sense for the media to seek their opinion on housing stories.

But should they be driving the ‘affordability’ debate?

Architect and professor Avi Friedman thinks not.

“Builders will not initiate innovative ideas because they are profit motivators, so the city needs to act as a catalyst,” he told CBC Radio One’s Rick Cluff on The Early Edition.

Friedman also criticized the idea offered by many in the real estate industry, like marketer Bob Rennie, that Vancouver isn’t going to be affordable for everyone and that young people should consider moving to the suburbs.

“People who grew up and live in a city should be able to buy a home in their city. The fear is that, some of these young people may leave Vancouver,” Friedman said.

“Once you see the departure of young people from the city, they take along their potential … to start new businesses, to create a vibrancy that young people bring to a place.”

Friedman says it is incumbent upon the city and its leadership to foster and implement new ideas that will allow young people to stay and thrive in Vancouver.

Read the full article over at the CBC.

Vancouver Realtor Hunger Index November 2014

RFM has updated the Vancouver Realtor Hunger Index for November 2014 over at Vancouverpeak.com

The index is creeping up from its mid levels, but nothing too dramatic at this point.

The VANCOUVER REALTOR HUNGER INDEX for November 2014 was 62%. How does this compare? The 17-year average for November is 54%. At 62%, the 2014 November VRHI equaled 1999’s figure and was higher than 10 years and lower than 5 years since 1998.

Details and comparison data for 17 years at:http://vancouverpeak.com/showthread.php?tid=64

Friday Free-for-all!

It’s that time of the week again, lets do our regular end of the week news roundup and open topic discussion thread for the weekend!

Here are a few links to kick off the chat:

Doors shutting on first time buyers
How many realtors is enough?
Vancouver RE plunges
Families leave BC
Housing affordability?
Moodys warn on Canadian debt
Sales/list Sept 2010-2011
Great new source for data
Toronto sales drop 12.5%
Kleptocrats flee china

So what are you seeing out there? Post your news links, thoughts and anecdotes here and have an excellent weekend!

Friday Free-for-all!

It’s a fine Friday for another fabulous free-for-all post, so let do our regular end of the week news round-up and open topic discussion thread!  Here are a few recent links to kick off the chat:

Central one hopes for slip, not plunge
Jurock: sales and avg price way down
Harper wants to destroy RE market?
Economists forecast 5-10% price drop
Hoping for years of stagnation?
Scotiabank: correction in TO & VAN
Realtors: Calgary will avoid downturn
Richmond Realtor warns of decline
Carney: Rates can go up
Canadas trade gap widens

So what are you seeing out there?  Post your news links, thoughts and anecdotes here and have an excellent weekend!