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Blog by Tina Mak

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Max. allowable rent increase in British Columbia capped at 1.5% for 2022

September 16th, 2021
Rent increase freeze was extended to December 31st, 2021.  Annual rent increase notices with an effective date no earlier than January 1, 2022. 
Based on recent report on Rentals.ca, British Columbia was the province with the highest average rental rate at $2,084 per month in August after experiencing an annual increase o 4.2% - despite the pandemic, BC rents increase 5.7% a year earlier.  O ...

Politics and Real Estate

September 10th, 2021
Who is driving Kelowna real estate during the pandemic?
Watch this August 28th interview (English/Cantonese) to find out the truth! Click the below link to watch the interview
https://www.youtube.com/watch?v=NyjPJV11_T0
During election campaign, Canadian politicians keep on blaming foreign national buyers for the hot real estate market during pandemic.  Kelowna, British Columbia is ver ...

1107 1723 ALBERNI STREET, Vancouver West, BC

August 29th, 2021

I just sold this Apartment/Condo at 1107 1723 ALBERNI STREET, Vancouver West, BC West End VW.

View this recently sold Apartment/Condo or see all my home sales

Who's Driving Kelowna Hot Real Estate Market?

August 27th, 2021
The Canadian politicians are blaming our housing market in Canada to the foreign national buyers. Kelowna always have foreign national buyers. So, is the last 1.5 years real estate market as hot and wild as the wild fire still driven by international buyers? Join me on August 28th from 5:10-5:30pm PST/8:15pm-8:30pm EST. Bill Raine at Coldwell Banker Horizon is going to reveal who is driving t ...

Canadian Politicians ran out of new ideas on housing platform!

August 27th, 2021
Election time = Politicians make stupid promises. Conservative Party started this banning foreign nationals for 2 years and bidding war then Liberal just a copy cat. Both parties trying to mislead the young voters, make them think the Foreign National Buyers are the one to blame on our unaffordable housing prices.  Young voters have little knowledge about the housing market history.  They don ...

Canadian is #1 Foreign Buyers in US during Covid

August 3rd, 2021
Whatsup outside British Columbia?

International Transactions in U.S. Residential Real Estate report between April 2020 & March 2021

National Association of Realtors, America's largest trade association, representing 1.4 million members.  Every years they have report on international clients who purchased and sold US residential property between the period of April & March.  The latest report ...

1107 1723 ALBERNI STREET, Vancouver West, BC

August 3rd, 2021

I just finished uploading this Apartment/Condo for sale, 1107 1723 ALBERNI STREET, Vancouver West, BC

Unobstructed corridor Water & Mountain View from this NE facing corner unit at The Park. This is one of the most prestigious location in downtown area. 5 mins walk from Stanley Park. The 2 BR + Den with 1.5 bath unit is situated perfectly on the 11th floor. Not too high and not too low. Enjoy ...

2135-2145 4000 NO. 3 ROAD, Richmond, BC

July 19th, 2021

I just finished uploading this Commercial for sale, 2135-2145 4000 NO. 3 ROAD, Richmond, BC

Rare opportunity to own this spacious units at Aberdeen Square. It is a combination of 3 strata units done by the developer with amazing wide frontage which is great for window display. Waterline connected to the units. Buyer has the flexibility to divide it back to 3 separate units again. Skytrain stat ...

June market cool down

July 14th, 2021



Watch and share REBGV's June 2021 market insights video and other stats resources

 

Watch our June 2021 market insights video, featuring Board Economist Keith Stewart, and share it with your clients and on your social media accounts.

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Other shareable housing market resources:

202 4723 DAWSON STREET, Burnaby North, BC

July 14th, 2021

I just sold this Apartment/Condo at 202 4723 DAWSON STREET, Burnaby North, BC Brentwood Park.

View this recently sold Apartment/Condo or see all my home sales

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Investment Radio Show with Tina Mak Personal Real Estate Corporation

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