Frank Zhang

Integrity,Expert,Outstanding

VANCOUVER (Reuters) - First-time home buyers in British Columbia, home to Canada's most expensive real estate market, started applying for loans from the provincial government on Monday under a program it says will make ownership more affordable.

The Western Canadian province last month unveiled a plan to provide 25-year loans of up to C$37,500 ($28,480) to qualifying buyers to help with their first down payment. The loans are interest-free and require no repayment in the first five years.

Twenty-four applications had been submitted as of 1 p.m. PT (1600 EST), a spokeswoman for the minister responsible for housing said in an email.

The program has been criticized by economists and academics who say it will pile more debt onto already financially-stretched residents and increase home prices even more in a region where a supply shortage is the real problem.

Some have said the plan, launched four months before a provincial election, is politically motivated.

"If this program does anything, the only thing it can do is increase demand. It can't increase supply. That puts upward pressure on prices and ultimately harms affordability," said Joshua Gottlieb, an assistant professor of economics at the University of British Columbia.

The provincial government and Vancouver's municipal government have taken several steps over the past year aimed at cooling the red-hot housing market. Prices for a typical single-family home in British Columbia's biggest city surged 19 percent last year to nearly C$1.5 million.

Most notable was a 15 percent tax introduced in August by the province on house purchases by foreigners in Vancouver after many residents and housing advocates complained that international buyers, especially from China, were driving up prices.

The tax has damped sales and led some real estate agents to forecast near double-digit percentage declines this year in prices, which until now have remained resilient. Since August, Vancouver-area home sales have fallen each month and in December dropped nearly 40 percent compared with the same month a year earlier.

For prices to become more affordable, however, supply needs to be increased, Gottlieb said.

"The city government should make it much easier to increase density. And the provincial government should pressure the city to do that," he said.

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Get a working Visa to Canada in 2 months!! Together with a profitable Sushi Restaurant in the beautiful Greater Vancouver and then your Permanent Residency.Top immigration Consulting services ensure your Visa successful and garenteed immigration. Well-established 800 sqft Japanese Sushi Restaurant is at the Shopping center in Pitt Meadows, surrounded by Starbucks, Shoppers Drug Mart, Save-on-Foods and the likes.Sales about $1000 daily.Ideal for Cook or Chef who wants to have Express Entry to Canada.Other occupations may also be eligible.

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I have listed a new property at 461-467 Trans Canada HWY in Duncan.
Huge income &Superb location! Nearly 10,000 Sqft office/retail building on big, half acre lot at Down Town core in Duncan beside Trans Canada Highway.Located on the ever thriving Vancouver Island, this log house gets $12,000 monthly income from 6,525 sqft on the main floor, 3,280 sqft on the upper floor and spacious 38 stall parking lot.Come grab it and start seeing cash flow in!
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BC 自由党已经表态了:不希望房价上涨太快。可以解读为,可以缓慢上涨,可以持平。其实,他们已经排除了希望房价下跌的希望。因为已经多次表示,要保护省民的财富。

我个人认为,今后几个月,大温房价上涨的可能性相当大。

1.银行利率仍然很低。加拿大央行刚刚决定,维持隔夜拆借利率不变。现在世界各地的经济似乎都带死不活的,加拿大以资源出口为导向的经济,未来几个月也好不到那儿去。年底以前央行不被迫降息就不错了。

2.房市的供应,不会在未来几个月发生显著的改变。即便BC 省政府出台促进房屋兴建的政策,也需要到一两年以后才能见效。

3.需求减少有限。根据BC 省的统计,外国人只占买房人口的10%左右。也就是说,从8月2号开始执行的15%额外附加税,充其量只能减少10%左右的需求。另外的90%还是要买房的。

那10%左右的需求也没有完全减少:外国人可以到BC省的其他地方或者其他省份去买房,可以躲开这15%的税收。可是别忘了,那些地方的卖主,会有不少加拿大公民或常驻居民。他们卖了房子以后,完全可以把钱拿到大温地区来买房啊,他们不用付那15%的过户费。

因此我认为,今年九,十月份是买房的好时机。否则,等到房市又涨起来,就又增加了买房成本。一家之言,仅供参考。

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以前说过,省长的15%税玩的高妙,今天继续。
 
选择7有25号仓促出台这样的政策,我认为省长背后有高人, 已经看到了那时成交量其实已经在调整,加上季节因素,此时出台这个政策显得效果最好。能够最大幅度地收获那些渴望房价下跌的省民的选票。顺便抓些外国人的钞票。
 
六月初, 省政府开始收集外国人买房的统计信息,原来的说法是要六个月左右的数据。结果不到两个月就颁布了这一法令,可见她们认为这是最佳时间点。否则,再往后拖延几个月,市场的走向如果不确定怎么办?如果出台同样的15%政策,市场不降反升,那样的政策就毫无效果了。
 
未来的几个月,关于这个法令持续发酵的新闻仍会不绝于耳。希望房价下跌的省民喜欢看,省长和自由党也会乐观其成。
 
7月25号出台政策还有一个很大的好处。就是对来年的物业评估影响最小。BC 评估署一般是根据七月前后的销售情况来评估物业价值。
 
这个法令出台以前,温市长几次发声,向省府叫板,要开征空置税。7月25号以后比较平静了。
 
值得提醒的是,省长以前也多次表态, 不会损害物业拥有者的财产价值。BC省的选民中,拥有物业的占很大比例。因此,省长不会把以前的立场当成儿戏。如果以为这15%是要打压房价,那就错了。省市政府从没有人提过要打压房价。他们经常提的是提高住房可负担性,就是能让更多人能够住在大温地区,这和让房价下降是两码事儿。例如可多盖一些公寓类住房,也能缓解住房紧张局面。
 
如果省长背后的高人能为省长指出了出台15%法令的最佳时机,那么,他也应该确确实实预测到这一措施不会降低房价,起码在明年春天省选以前不会。这样,省长和BC 自由党也会获得屋主的拥护。
 
这样看来,明年春天的选举,其实大局已定了。
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八月地产局权威统计出台,大温地区成交量下跌26%,房价基本持平。这一结果不出预料。我在八月下旬的时候,做过一个粗略统计会有30%左右。

月中,曾有人叫嚷大跌90%以上的。 对这荒唐之言,我只能呵呵。在本地生活多年,感觉不少西人已经中了东邪西毒九阴白骨掌,加上近年互联网,社交网站对人类大脑的侵蚀,有些人的智力水平在零上还是零下,确实需要打个问号了。

26%中应该包括大约10%左右的外国买家。我认为,绝大多数原来要在大温地区置业的外国人会撤出这个市场,起码暂时会撤出。他们很多人的钱也是辛辛苦苦打工,经商,省吃俭用积攒而来。15%的税对他们而言是一个很大的负担。同时,这个额外的过户费也涉嫌歧视外国人,让人感觉难以接受。

另外的16%左右,应该是本地持观望态度的人-对房市犹豫。

值得注意的是,本地仍有超过80%的人对市场是乐观的--他们选择了买房!

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As expected-不出所料

 

Metro Vancouver home sales return to typical August levels

VANCOUVER, BC – September 2, 2016 – For the second straight month, home buyer demand in Metro Vancouver* moved off of the record-breaking pace seen earlier this year and returned to more typical levels.

The Real Estate Board of Greater Vancouver (REBGV) reports that residential property sales in Metro Vancouver totalled 2,489 in August 2016, a decline of 26 per cent compared to the 3,362 sales in August 2015; 10.2 per cent less than the 2,771 sales in August 2014; and one per cent less than the 2,514 sales in August 2013. August 2016 sales also represent a 22.8 per cent decline compared to last month’s sales.

From a historical perspective, last month’s sales were 3.5 per cent below the 10-year sales average for the month.

“The record-breaking sales we saw earlier this year were replaced by more historically normal activity throughout July and August,” Dan Morrison, REBGV president said. "Sales have been trending downward in Metro Vancouver for a few months. The new foreign buyer tax appears to have added to this trend by reducing foreign buyer activity and causing some uncertainty amongst local home buyers and sellers.

“It’ll take some months before we can really understand the impact of the new tax. We'll be interested to see the government's next round of foreign buyer data."

New listings for detached, attached and apartment properties in Metro Vancouver totalled 4,293 in August 2016. This represents an increase of 0.3 per cent compared to the 4,281 units listed in August 2015 and an 18.1 per cent decrease compared to July 2016 when 5,241 properties were listed.

The total number of properties currently listed for sale on the MLS® in Metro Vancouver is 8,506, a 21.9 per cent decline compared to August 2015 (10,897) and a 1.9 per cent increase from July 2016 (8,351).

The sales-to-active listings ratio for August 2016 is 29.3 per cent. This is indicative of a seller’s market.

Generally, analysts say that downward pressure on home prices occurs when the ratio dips below the 12 per cent mark, while home prices often experience upward pressure when it reaches the 20 to 22 per cent range in a particular community for a sustained period.

The MLS® Home Price Index composite benchmark price for all residential properties in Metro Vancouver is currently $933,100. This represents a 31.4 per cent increase compared to August 2015 and a 4.9 per cent increase over the last three months.

“In aggregate, we continue to see an imbalance between supply and demand in most communities. However, we’re also seeing fewer detached sales in the highest price points and fewer detached home sales relative to all residential sales,” Morrison said. “This is causing average sale prices to show a decline in recent months, while benchmark home prices remain virtually unchanged from July.”

The average price is the simplest home price measure to explain but is not the most accurate since it may be skewed by the mix of properties. More high-end or low-end sales will skew the number up or down. Based on the Consumer Price Index, MLS HPI® benchmark prices are a more reliable and stable indicator of typical home prices across regions over time.

Sales of detached properties in August 2016 reached 715, a decrease of 44.6 per cent from the 1,290 detached sales recorded in August 2015. The benchmark price for detached properties increased 35.8 per cent from August 2015 to $1,577,300. This represents a 4.2 per cent increase over the last three months.

Sales of apartment properties reached 1,343 in August 2016, a decrease of 10.1 per cent compared to the 1,494 sales in August 2015.The benchmark price of an apartment property increased 26.9 per cent from August 2015 to $514,300. This represents a 6.1 per cent increase over the last three months.

Attached property sales in August 2016 totalled 431, a decrease of 25.4 per cent compared to the 578 sales in August 2015. The benchmark price of an attached home increased 31.1 per cent from August 2015 to $677,600. This represents a 7.1 per cent increase over the last three months. 

Click here for the August 2016 stats package

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August's sale will be low, of course and as expected. We may even see a bit of price weakness for this month.

 

This is in part because of the 15% additional Property Transfer Tax enacted by BC government. This new and significant tax will certainly drive away quite a number of foreign buyers. Those who believe that foreign buyers would not care about the added expense are just ignorant. As the statistics suggests, this 10% of purchasers should be absent from the market in August.

 

The Tax should also have had a stunning effect for other people who are not subject to additional cost but are likely scared and have a short expectation.

 

August has traditionlly been vacation season and usually sees low sales volumn.

 

Overall, I wouldn't feel surprised if sales volume turns out significant smaller.

 

On the other hand, the big picture has not changed. Housing supply remains inadequet, interest rate at historic low and may get reduced even further because of Canada's overall economic conditions.

 

In another word, Vancouver's housing market will be picking up soon after the market breathes  away the tax smells.

 

I feel the next 1-2 months would make the best buying window.

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{导语}置业买房,市场形势固然是需要考虑的因素之中。它帮我们在定价、出价、挑选物业的类型、位置等方面提供重要信息。但有时候过于跟风所谓的“大形势”,让充斥在耳边的信息扰乱原本的计划与思路,其实并没有好处。房子不一定要买最好的,合适你的就可以!但有很多人不明白这些道理,在市场中踌躇犹豫着错过很多机会。您,可千万不要成为以下这六类永远买不到房的“踌躇一族”哦。

 

温哥华的房价在整个加拿大一直是数一数二的,让不少工薪阶层百姓““为伊消得人憔悴”,可出于不断到来的移民买房、本地民众换房的刚性需求,温哥华的房市基本都是呈骄傲的坚挺姿态,直到最近几个月……大温地区近几个月来楼市遇冷,主要体现在成交量的“缩水”上。有人担心着楼市变差而迟迟观望,怕一出手日后无法得到回报;有人期待着房价会继续下跌;一边是各种对楼市的分析预测,另一边房价似乎并没有下降太多。。

 

“乱花渐醉迷人眼”,很多购房者看不懂、猜不透,更加乱了阵脚。究竟是抓住目前的“买房市场”及时出手,还是再等一等,等到房价再降?其实,无论市场走向如何,房价是升是降,如果没有正确的心态,永远都买不到房。机会,是不等人的。

 

1. 永远觉得房价还会跌

“在等一下,应该还有再跌的可能吧。”有些人天天就在盼望着房价会再降,便宜一点儿是一点。而那些永远都在等待房价跌到谷底的人,就更像是期待奇迹会发生的梦中人!这些人就跟炒股票一样,天天在等抄底,可是又有几个能知道谷底在哪呢?卖者和买者对价格的期望显然不同,把时间浪费在无谓的等待上,还不如抓住时机好好把握。

 

2.总慢人一拍

有些人倒不是这么在乎价格,他们只是觉得要花这么一笔不小的钱,当然就要慎重选择。选房看房都很积极,但一到做决定的关键时刻,纠结心态又出现了,似乎总觉得什么地方还不太满意磨磨唧唧,当断不断,犹犹豫豫……待到终于下定决心要买的时候,那套原本心仪的房子早就成了别人的囊中之物了。等机会没了再懊悔,失去之后方知珍惜,说的就是这类朋友。

 

3、总是不相信开发商和经纪

“开发商和经纪,都是要为自己赚钱的。所以他们的话,不能都信。”总是对开发商和经纪存有戒心、怀疑他们只想从别人身上赚取利益而无视客户真正需求的人,在生活中的其他方面,也基本都是以自我为中心的。“宁可自己负天下人,不能天下人负我!”---这也许是他们内心的真实写照。世界上没有纯为人民服务的开发商,也没有完全不考虑利益的经纪,毕竟大家都是做生意要吃饭的。但做生意也讲究诚信,大部分能坚持多年、并在市场上取得不错口碑的地产开发商与地产经纪,都是凭良心做事,付出的努力、投入和辛劳换来应得的利益,这样的钱他们赚得安心也舒心,而客户在获得满意的服务时,当然也很乐意给予他们回报。永远都对开发商和经纪存有戒心的人,不但买不到房,做其他事情恐怕也都会很累吧。

 

4、永远只看而不买

总是看而不买的人,不是不想买,而是抱着“多看几套好比较”的心态,结果一看就不可收拾了。房子总是越建越好,不同的物业也都会有各自的亮点和特色,如果昨天看的这套好,今天看得这间也不错,明天预约的那套似乎也值得一去……无尽的比较中,时间飞逝,殊不知房价在上升,市场在变化,好不容易看好了一间,一问价格傻了眼:“怎么和我当初看的价格相差这么多?”

 

5、过度相信专家的话

无论市场是好是差,专家们总能发表出相应看法,要不然他们怎能称得上是专家呢?借鉴他们的专业知识与建议,从而让自己的投资决定更理性、更有保障,这样的做法当然不错。可是,也有一些非正式“专家”,表面为投资者指点迷津,天天喊房价要跌,或是劝人世道不好不要出手,自己却趁着好机会买了好几套物业。如果房价靠那些整天就知道吹牛皮的“专家”能跌下来,你相信吗?专家的意见也需要分拣挑选,盲目地跟风追随,哪天发现自己被忽悠了为时已晚。而成功的人,都是有理智+有主见的少数派。

 

6.梦想十全十美的房子

买房是大事,我们也提倡谨慎选择。花这么大笔钱,总要把它们用在刀刃上的心态,我们也充分理解。不过,你见过十全十美的房子吗?也许只能等在看了N套房子后,终于觉得累了困了,才明白房子原来是不能没有缺点的。好好分析一下你的个人情况,看房子的面积大小、地理位置、价格、周围环境、升值潜力等因素哪个对你来说是最重要的。有得必有失,会舍才有得,只要是适合自己的,所有的小瑕疵都可以忽略不计。“十全十美”这个标准,还不是您自己说了算?

 

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8227 confidential st  Business for sale

 

Immigrating to Vancouver-one of the top livable cities in the world-has never been so easy! Take this bargain package, and in 4 months you can be on your way with an Express Entry Visa and also become the owner of a profitable business in the prestigious Vancouver West. This package includes guaranteed, worry-free immigration services and a fully functioning, well-established salon which contains 5 salon chairs for hair, 3 nail stations, 2 pedicure chairs and one spa room. It is surrounded by tons of density  with great foot and car traffic and steps from Skytrain station. Complimentary business advice and initial set-up assistance can be provided upon request. This unique immigration shortcut can allow for 2 additional foreign workers/family members. Once in a lifetime deal so call now before it's gone! Showing by appointment only before 9:30am or after 7pm.

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This beautiful house is conveniently located a few blocks away from Metrotown. 6 bedrooms and 5 bathrooms. Fashionably designed main floor has a large living room as well as dining room, two Kitchens and another Chinese style kitchen. Also, one bedroom ensuite with washroom on the above floor for the convenience of guests. Basement with a separate entrances has two bedrooms, a kitchen and a living room which includes a two bedroom legal suite for rental. This location is steps away from bus stops, skytrain station, walking distance to a elementary school and a Burnaby South Secondary school. Come take a look!

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Quiet Inner street south backyard with rear lane. Open floorplan with nice renovation. Gourmet kitchen w/imported dark cherry wood cabinets/quartz countertops & 13' stainless island w/real butcher block top & eating bar, stainless steel appliances - 5 STAR gas stove. Entire interior has been painted with designer paint, 5 1/4' crowns & a mixture of imported hardwood, marble, tile & carpeting throughout. Features include 4 gas F/Ps, 7 bdrms, 5 baths, radiant HW heat, suites rent - 1 bdrm ($980) & 2 bdrm ($1,325) & Upstair ($2,650). So total is up to $5,000 rental revenue. Plenty of RV parking. Short walk to schools, skytrain & Metrotown Mall. Must see! Do not miss it!!! Public open 2-4 Sat & Sun(Aug6,7)

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Location! location! located just across Langara College, Golf course, YMCA. Steps to Canada Line Station & Oakridge Mall, Easy access to Downtown, Metrotown, UBC, QE Park, T&T, Marine Gateway Center, Rchmd, YVR & more! Renowned Jamison Elem & Eric Hamber/Churchill Secondary w/IB program are nearby. W/private fenced yards, this family home has 8 bdrms/4 Full bths, makes 3 Separate suites (3 bdrm & studio on main ; 4 bdrm + 2 full bths bsmt suite w/own laundry). upstairs Easily turn to 3 bdrm & 2 full bths+large L/R. Features oak H/W flrs, coved & swirl plaster ceilings 9' Hi, large SUN deck. current rents $3200/month ($5500 whole house). Bonus: Designated under Cambie Corridor Plan 4 story multifamily development with 2.0+ FSR.

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OUR TIME IS HERE

The Whalley neighbourhood has had its ups and downs, but like many historic Vancouver neighbourhoods that have been revitalized – YALETOWN, Chinatown, Main Street, Commercial Drive – its time has come.

BE PART OF THE CHANGE

 

Early buyers in Vancouver’s revitalized communities saw their neighbourhoods grow into thriving, cultural hotspots where real estate prices rose with the areas’ desirability. For some, it was an investment. For others, it was a chance to have the authentic urban lifestyle they craved, in a home of their own, and in a neighbourhood they could help define. Now, it’s happening in Whalley – and Venue is your chance to be part of the change. Just a 5-minute walk from the Gateway SkyTrain station, it has the perks you want (like a rooftop lounge with an outdoor TV and fireplace, plus a gym) with a future you can buy into. Venue – it’s the moment you’ve been waiting for.

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Beautifully updated BASEMENT HOME , located in the heart of Guildford on a quiet street facing South . Upstairs features 3 bedrooms, 2 full bathrooms, bright living room w/ deck , fireplace , dining room , eating area and kitchen loaded with cabinets including pantry. Basement is a bonus with one or two bedroom suite , and was rented for $700 . This home features 6 years old roof, new laminate flooring , crown mouldings , newer paint in living room, double garage , big storage shed on the back , and private backyard with large MULTI LEVEL DECK perfect for any family entertaining. Great family neighborhood , close to schools, park and transit. A pleasure to show. OPEN HOUSE - Mar 26 & 27 (Sat & Sun 2-4pm)

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Rarely found! Unique property! 7,500 sqft HUGE Duplex on Lavish 15,000 sqft lot. Many updates since 2000, the property's in good living condition. So hold and collect great rental income. Can convert into Two independent 1/2 duplex, each over 3,700 sqft; Potential for two SFD lots; Or build a dream MANSION on this spacious HILLSIDE lot with address on Burke Street. Enjoy PANORAMIC VIEWS of North Shore mountains, Forest Glen & Cities. Steps to METROTOWN Shopping, Crystal Mall; BCIT university, Moscrop Secondary & Chaffe Burke Elem, Deer Lake Park, Buses & Skytrain; Features 16 bdrms! 7 Full bths. Lots of parking. An incredible GEM!!!

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The data relating to real estate on this website comes in part from the MLS® Reciprocity program of either the Real Estate Board of Greater Vancouver (REBGV), the Fraser Valley Real Estate Board (FVREB) or the Chilliwack and District Real Estate Board (CADREB). Real estate listings held by participating real estate firms are marked with the MLS® logo and detailed information about the listing includes the name of the listing agent. This representation is based in whole or part on data generated by either the REBGV, the FVREB or the CADREB which assumes no responsibility for its accuracy. The materials contained on this page may not be reproduced without the express written consent of either the REBGV, the FVREB or the CADREB.