Dr Sam Mehrbod’s Blog
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Vancouver Rentals Still Most Expensive in Canada
Vancouver and Burnaby remain the priciest rental markets in Canada despite year-over-year declines.Vancouver's one-bedroom rentals dropped 7.7%, and two-bedrooms fell 5.6% year-over-year.
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Interest Rate Cut Won’t Cool Vancouver Housing Market
Bank of Canada’s rate cuts may lower mortgage rates but won't significantly impact home prices. Decreasing rates are likely to result in lower fixed-rate mortgages, making now a good time to shop.
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Vancouver: What’s Driving the Prices Up?
Land Speculation: Global investors and speculators drive up land prices, making housing less affordable. Limited Supply: Restricted land availability and zoning regulations constrain housing supply, pushing prices higher.
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Check out my new listing Address: 906 909 MAINLAND STREET
This Great one-bedroom suite with den faces the courtyard in everyones favourite place at Yaletown park 2 .Good-sized insuite storage. Amenities include gym, media room, meeting room, guest suite, storage and concierge. Must see this great home. Good for investors and first-time buyers. Walking distance to all top restaurants( Blue water, Elisa, cactus Club, earls,…
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Metro Vancouver and Fraser Valley homebuyers still hesitant despite Bank of Canada rate cuts
Homebuyers in Metro Vancouver and Fraser Valley remain hesitant despite recent Bank of Canada rate cuts. July 2024 saw home sales drop 5% in Metro Vancouver and 7% in Fraser Valley compared to previous months, with both regions experiencing significant increases in available listings. Benchmark home prices have slightly decreased, with the overall price in…
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Check out this open house Listing Address: 906 909 MAINLAND STREET
This Great one-bedroom suite with den faces the courtyard in everyones favourite place at Yaletown park 2 .Good-sized insuite storage. Amenities include gym, media room, meeting room, guest suite, storage and concierge. Must see this great home. Good for investors and first-time buyers. Walking distance to all top restaurants( Blue water, Elisa, cactus Club, earls,…
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Vancouver’s Iconic Views: Protected or Sacrificed?
Vancouver’s revised view-protection rules now include fewer protected views, impacting city skyline and development. These changes could result in 20 million square meters of additional development over the next century.
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Why Is Vancouver Property Investor’s Safe Bet?
Private investors continue to see Vancouver as a low-risk, high-reward property market opportunity. Vancouver's capitalization rates are among the lowest in Canada, indicating strong potential returns on investment.
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Vancouver Faces Housing Market Challenges Amid Rising Costs
Vancouver's housing market is facing challenges due to rising home prices and increased property taxes, which have risen by 7.5% recently, with another hike proposed for 2025. Many development projects have stalled as costs soar and prices fall, making them financially unviable. Local leaders are considering slowing population growth to manage infrastructure demands, but aging…
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Vancouver Wants Housing Plan Disclosure Order Quashed
Vancouver was ordered to disclose rental housing plans under the Freedom of Information Act. The city withheld information citing harm to financial, economic, and third-party interests.