Macdonald Realty

Conditions in the Greater Vancouver housing market continued to favour buyers in August. Since April, prices have edged down slightly as the number of sales and the number of properties coming on to the market have been declining. The Real Estate Board of Greater Vancouver (REBGV) reports that the number of residential property sales in Greater Vancouver totalled 2,202 in August 2010. This r ...

Please click Podcast listen to Cantonese interview What is the definition of Housing Bubble? A real estate bubble or property bubble (or housing bubble for residential markets) is a type of economic bubble that occurs periodically in local or global real estate markets. It is characterized by rapid increases in the valuations of real property such as housing until they reach unsustainable le ...

Paul Vieira, Financial Post · Monday, Sept. 6, 2010 OTTAWA • What a difference a week makes in gauging the state of the Canadian economy. At the start of last week, few market players believed the Bank of Canada would raise its benchmark rate on Wednesday as concern over its largest trading partner, the United States, mounted. The U.S. economy was believed to be on the verge of flirting wit ...

July, 2010 Bank of Canada ravises interest rates further Notes slowing global economic growth The Bank of Canada increased the target for its trend-setting overnight lending rate on July 20, 2010, raising it by a quarter of a percentage point to 0.75 per cent. The increase follows on the heels of an equal interest rate increase in June 2010, when it was raised for the first time since 200 ...

Fixed Mortgage Rates Drop in August Canadians should expect lower fixed mortgage rates as lenders respond to dropping bond yields, while variable mortgage rates should increase following the Bank of Canada's rate announcement at the beginning of September. Fixed mortgage rates: Down The majority of our panel members believe fixed mortgage rates will decrease in August, and during the f ...

Here are 2 interpretations about HST and commissions. The position that can be taken is that any residential sales that firm up before July 1, 2010 but close on or after July 1, 2010, only GST would apply because 90% of the realtors job would have been finished, only conveyancing to be done. If you have listing which firms up after July 1, 2010, it likely that HST would apply; however there m ...

May 01,2010 Live Interview with Coldwell Banker Canada President It is an honour to have our Coldwell Banker Canada President, John Geha join us over the phone from Toronto on AM1320 today to share with our listeners how Coldwell Banker is different from other real estate brands.   -- And finally, give our customers an opportunity to evaluate our service in the form of customer satisfac ...

To know moe about " How interest rate affects Buy & Sell? ",please click in Podcast Cantonese version

April 10,2010 Live Interview with Coldwell Banker US President in Vancouver Jim Gillespie, Coldwell Banker President came to Vancouver for our Canadian Conference between April 8th & April 10th. During the interview, he talked about the opportunity Canadian investing in US real estate. Click PODCAST to listen to the full interview.

Mrarch 30,2010How to do rental in DT?A lot of Asians stay away from investing in DT area because of the language barrier. The easiest way to handle that of course is hiring a professional rental agent to look after it for you. Rental in DT is very different from anywhere else. DT is so cosmopolitan with mixtures of young professions, overseas executives & overseas students. You need to find a ...