Vancouver Gets Real Estate Boost From Olympics

November 3, 2009 by  
Filed under Positive Real Estate

100959080 a3469d14fc Vancouver Gets Real Estate Boost From Olympics“The Olympics will not do anything else but put a spotlight on the city,” said McNeill, who sold more than 1,000 homes in 2009 and just reactivated a condo project, “James,” at the Olympic Village. “I don’t think the Olympics will change prices right after the Games, but it will in the mid- to long-term. I’m thinking the two- to five-year range.”

http://vancouver.24hrs.ca/News/local/2009/11/03/11612646-sun.html

Photo by striatic

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Vancouver home sales up 16.4 per cent in May

June 20, 2009 by  
Filed under Positive Real Estate

Home sales in Metro Vancouver jumped 16.4 per cent in May from a year earlier, according to figures compiled by the Canadian Real Estate Association.

That comes at a time when new listings in the region dropped by 35 per cent from a year ago, suggesting inventories are on the way down to pre-recession levels.

 Vancouver home sales up 16.4 per cent in May

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