Macdonald Realty

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 ...

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. Other shareable housing market resources: Our June 2021 stats package provides an overall view, summarizing the sale, new listing, and price tr ...

Home sale and listing activity in Metro Vancouver moves off of its record-breaking pace   The Metro Vancouver housing market saw steady home sale and listing activity in May, a shift back from the record-breaking activity seen in the earlier spring months. The Real Estate Board of Greater Vancouver (REBGV) reports that residential home sales in the region totalled 4,268 in May 2021, a ...

Hong Kong homes ranked world’s least-affordable, Vancouver second-worst Vancouver, second most expensive city in the WORLD. First time in decades that the Vancouver government can't blame the foreign money inflated our housing market. Wages and property prices are always decoupled in prime cities around the world. Once the border reopens, immigration starts flooding in, the situation would o ...

How the Canada-China relationship is going to affect Vancouver housing market?Dan Scarrow, President of Macdonald Realty, is a 2nd generation Taiwanese-Canadian and speak fluent Mandarin. Prior to running one of BC’s largest real estate companies, he spent 4 years in Shanghai running a successful business. This background gives Dan a unique understanding of the differences between distinct C ...

Home buyer demand remains elevated across Metro Vancouver   In the first month of 2021, Metro Vancouver’s* housing market continued the pattern set at the end of last year with home sale activity outpacing the supply of homes listed for sale.    The Real Estate Board of Greater Vancouver (REBGV) reports that residential home sales in the region totalled 2,389 in January 2021, a 52.1 pe ...

Today from 5:10-6pmPST Live Streaming my lively conversation with Bob Rennie. Bob, founder of rennie marketing, Condo King in Vancouver.  One of the most humble professionals we have known. When he talks, government, media, realtors and buyers all listen. I am very excited to have him joining me on my AM1320 radio show this Saturday for an insightful conversation. His view on condo developmen ...

Bob Rennie, Condo King in Vancouver.  One of the most humble professionals we have known. When he talks, Vancouverites from government level, media, realtors and buyers all listen to him. He is one of the most influential individuals in the Vancouver real estate industry. I’ve known him since 1996 and am very excited to have him joining me on my AM1320 radio show today Jan 30th for an insight ...

What a year of 2020!  There is no word to describe what we have been going through and we sure have learned and changed a lot in the last 12 months.  Who could have predicted a Record-Breaking Year of Sale in 2020 in British Columbia?  A nose dive listings and sales volume between March and May, then a strong come back from June onwards.  We have heard many times on the media that pent-up dem ...

Although Montreal average housing price has the biggest jump in the past 9 years, it is still 2.5 times less than Greater Vancouver.  If you are interested in investing in Montreal, please contact me at tinamak@tinamak.com  https://montrealgazette.com/business/local-business/real-estate/montreal-housing-market-posts-largest-price-increase-in-nine-years/amp