THE REAL RESULTS GROUP | Real Estate with Integrity
Real Results Group NewsletterMarch 2011
February Real Estate Board Stats
 

Marketing Stats 

REBGV reports increased housing demand in February. Demand for detached homes continues to be strong across Greater Vancouver, with particularly high sales volumes occuring in Richmond and Vancouver Westside.

 

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Vancouver's luxury home sales surge, largely due to influx of offshore money
 
 

Luxury HomeMainland Chinese buyers are a major factor, but European and U.S. purchasers also attracted to the city.

 

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Bank of Canada keeps short term rates low

 

house with arrow

The Bank of Canada is sticking to its low interest rate policy to continue to help the recovery, even though there is a lot of evidence that the economy is performing better than originally expected.
 

 

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Mortgage Rate Forecast
 

 Mortgage Rates

Mortgage Rate Outlook - Mortgage rates have thus far evolved in-line with our December 2010 forecast, with the 5 year fixed rate reaching 5.44 per cent and the 1 year rate hitting 3.50 per cent in mid-February. 

 

 

 

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Question and Answer
 

 Question and Answer

What is the best time of year to sell?

 

There's general market cycles to consider here, but what you're selling is also a factor.....

 

 

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We are a group of like minded real estate professionals who through a deep commitment to our clients, each other, and our profession have created a powerful, knowledgeable, and ethical team with industry-leading standards of professionalism and client care. Our primary objective is to serve our clients needs and objectives through our ability to facilitate ease within the real estate process in any market or economy.

 

Bret, Eric, Peter and Tara
Real Results Group

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