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Archive for the ‘The Market’ Category


Designated Agency

Designated agency will come into effect for REBGV Realtors effective June 1, 2012. What does this mean for consumers? The most important change will be in the realm of limited dual agency. Agency is a relationship that can exist between a consumer and a realtor. It is important because an agent owes specific duties to […]

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Blast From the Past

On November 16, 2005 I added a link to my blogroll. I had just discovered the Housing Bubble Blog. These were my thoughts on the market at that time, and on the bubble. Housing Bubble Blog Link I’ve added a link to a Vancouver housing bubble blog. Its interesting stuff. In my view we aren’t […]

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Affordable Housing

Affordable housing is a complex challenge. Nobody’s solved it yet as far as I know. I think that’s because we don’t look at the whole picture, and without looking at the whole picture we can’t really even decide what the problem is. It’s likely, and in fact probable, that what some people see as a […]

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Current Sales Stats

We’ve got a new PHP script. There are still some rough edges and I’m not sure exactly how I’ll apply this, but this is the start. The criteria used is RED , REA , LND , MLT in the following areas of the REBGV and FVREB: F10 , F20 , F30 , F40 , F50 […]

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September Stats Package from REBGV

The September Stats package has been released by the Real Estate Board of Greater Vancouver. Greater Vancouver home sales trend toward buyers’ market over summer August marked the third consecutive month that home sale activity in Greater Vancouver was below the 10-year average for the month. In contrast, home listing activity in the region has […]

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The US Government – Business As Usual

Kelly McParland writes in the Post that majority government saved Canada when we faced a debt rating downgrade, but that the US suffers from paralyzingly partisanship, and so will not be able to do what Canada did. He cites the S&P report from last Friday which states, in part, that “The political brinksmanship of recent […]

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Debt Ceiling and Market Crashes

“The news from France is very bad…” We can safely modify Churchill’s opening line from a June, 1940 speech to: The news from the global economy is very bad. We are clearly in a long term economic struggle. Possible outcomes are inflation/stagflation, low growth, contractions leading to lower prices, continued unemployment, and changes to the […]

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Inventory Graph Updated

I’ve updated the comparative inventory graph. Inventory is still high, but it’s growth is starting to slow, I think. Given low rates, steady demand and the slowing inventory growth I mention I don’t expect any radical price moves in the coming two months. My name is Rob Chipman and I’m a realtor, pilot and all […]

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April Stats Release

The Board has just released the April Stats package. Here’s the news release: REBGV Newsflash May 3, 2011 April Stats Greater Vancouver housing market sees typical spring activity in April Greater Vancouver saw a typical, solid month of residential home sales on the Multiple Listing Service® (MLS®) in April, in contrast to the near record […]

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Weekly Vancouver Real Estate Stats April 25-May 1

Huge news tonight. Some may downplay the importance of Bin Laden, but there is no doubt that his death at the hands of the United States is indisputable. Almost ten years ago the President said that they would kill Bin Laden, and tonight the President announced that they’d done it. I don’t think the lesson […]

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