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Have a look at this interactive map of real estate prices across Canada, which has been done each year since 2007. The stats are done is a way that I haven't seen before, but it does provide an interesting way of looking at trends in the market place. Normally I have a real problem with year over year pricing stats, primarily because the real estate market tends to be on a shorter cycle then a full...

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Interesting article seen in the Averbach Blog, by Mike Averbach and justin Blacklock

Think you have a great credit score?  You could be dead wrong!  There are many ways to drive your credit score down fast .... some of them don't take any effort at all!

Here are a few examples:

One young lady collected a few tickets from a parking lot she thought ought to be free.  She trashed the tickets...
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Article by Mike Averbach of Averbach Mortgages.

The Bank of Canada hiked its key interest rate by a quarter point today, for the second month in a row and so the big 5 banks will most likely follow by raising prime to 2.75%.

With every 25 basis point increase you can expect $12-$15 dollars per 100,000.00 in mortgage amount. Basically, if you have a 400,000.00 mortgage, your payment will increase by...
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JULY 2010


What's Going on with the market?

Over the past two months, the media in town has been releasing stories about lower sales and longer days on the market, but things in some areas are quickly heating up again. Over the past couple of weeks, myself and my colleagues have been noticing a real pickup in the number of buyers that are out there looking to take advantage of more favourable buying conditions. Vancouver's Downtown market was flooded with new listings in May and June, but has recently seen a lot more activity. I took a number of buyers on tour and found many of the listings that we were interested in seeing, had accepted offers or had already sold.

On the Westside, we have seen a real uptick in single family listings and prices are dropping, but the condo market seems to have tightened up, especially in quality 2 bedrooms, or 1 bedroom units in good buildings. North Vancouver has seen many new single family listings, with much longer days on the market, but the buyers are still out in force, although they are less willing to pull the trigger. Due this hesitancy on the Shore by buyers, there are some great deals to be had. If you want more information or have any questions, please let me know.

If you want more clarification or have any questions, please give me a call.




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Dick Clark Architecture designed this beautiful contemporary home, a sustainable passive solar design in Austin, Texas with a real minimalist appeal. In reflection of the owners’ simple lifestyle, the house stands out for its simple structure, minimalist material palette and barely-there glass walls. The natural treed and landscaped surroundings give the house an “urban oasis” aesthetic. The open-concept main floor houses the kitchen, which opens to a two-storey living and dining area. This glass-enclosed entertaining area features sliding glass walls that open to the pool deck with views of the Austin city skyline. Echoing the home’s natural exterior design, interiors feature lots of natural wood and windows naturally sun-soaked interiors. ...Read More »

In this issue

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