Page 5 - Steve Saretsky News Today

Condominium markets in some of Canada's biggest cities have rebounded strongly this year, and agents and analysts say the market could once again return to pre-pandemic red-hot conditions as rental demand surges and inventories evaporate.

As Covid-exodus home purchases peters out, over-eager buyers are waking up with hangovers.

The most pressing questions for some are how low might this dip go and how long will it last with rising interest rates.

July 9, 2021 | Vancouver Home Sales, Prices, and Cycles Steve Saretsky Steve Saretsky is a Vancouver residential Realtor and author behind one of Vancouver’s most popular real estate blogs, Vancity Condo Guide. Steve is widely considered a thought leader in the industry with regular appearances on BNN, CBC, CKNW, CTV and as a contributor to BC Business Magazine. Steve provides advisory services to banks, hedge funds, developers, and various types of investors. Interest Rates, Tapering, Lend...

The Source for Market Opinions

May 14, 2021 | Banks Raising Mortgage Rates and Vancouver’s Hot Home Market Steve Saretsky Steve Saretsky is a Vancouver residential Realtor and author behind one of Vancouver’s most popular real estate blogs, Vancity Condo Guide. Steve is widely considered a thought leader in the industry with regular appearances on BNN, CBC, CKNW, CTV and as a contributor to BC Business Magazine. Steve provides advisory services to banks, hedge funds, developers, and various types of investors. Canadian...

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Buyers fed up with blind bidding, other shenanigans in red-hot real estate market From low rates, to demand for more space, there are many reasons why Canadas housing market has been red hot during the pandemic. Buyers and realtors say doing away with blind bidding and other dubious practices would be a step in the right direction for affordability and fairness. Social Sharing

April 27, 2021 | Don’t Touch The Golden Goose Steve Saretsky Steve Saretsky is a Vancouver residential Realtor and author behind one of Vancouver’s most popular real estate blogs, Vancity Condo Guide. Steve is widely considered a thought leader in the industry with regular appearances on BNN, CBC, CKNW, CTV and as a contributor to BC Business Magazine. Steve provides advisory services to banks, hedge funds, developers, and various types of investors. Leading up to the Federal budget announ...

Article content The only housing mention that caused any buzz in this week’s federal budget was Finance Minister Chrystia Freeland’s promise to bring in a tax on foreign-owned property. The pledge gave Freeland a chance to get off one of her more quotable, more populist lines: “The idea here is that homes are for Canadians to live in,” she said. “They are not assets for parking offshore money.” We apologize, but this video has failed to load. Try refreshing your browser, or Douglas...