Blog by Gary Serra

Article in today's Vancouver Sun

December 5th, 2008
Making sense of today’s housing market
In recent months, economists have had the unenviable task of trying to calculate the direction the housing market is likely to take, factoring in things like unemployment rates, population and immigration figures, economic growth, mortgage rates, and that most nebulous of criteria: consumer confidence.
They agree that the decrease in housing sales and p ...
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Quote in Business In Vancouver article Dec.2/08

December 3rd, 2008

I was recently quoted by Peter Mitham of Business in Vancouver. He is a well respected real estate writer for the newspaper as well as for other publications. I appreciated the opportunity and was grateful to be able to provide my insight and professional advice on today's market.  I have attached the article for your information, Please feel free to forward to any friends, colleagues or fami ...

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November Stats

December 3rd, 2008
Slow home sales create window of opportunity
VANCOUVER, B.C. – December 2, 2008 – November reductions in home sales and prices have helped improve affordability in Greater Vancouver. However, November also saw a corresponding decrease in the number of new homes coming onto the market.
In its most recent statistics release, the Real Estate Board of Greater Vancouver (REBGV) reports that reside ...
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Financial/Equity Markets Impact October Home Sales

December 2nd, 2008
For immediate release
Financial/Equity Markets Impact October Home Sales  
Vancouver, BC – November 14, 2008. British Columbia Real Estate Association (BCREA) reports residential sales dollar volume on the Multiple Listing Service® (MLS®) in BC declined
54 per cent to $1.69 billion in October, compared to October 2007. Residential unit sales were down 51 per cent to 4,018 units during the sam ...
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