News from Real Results Group

THE REAL RESULTS GROUP | Real Estate with Integrity

Real Results Group Newsletter

June 2011

China's property bubble is starting to deflate.

China Housing

After years of housing prices gone wild, China's property bubble is starting to deflate. Residential prices are heading downward in some major cities. Tom Orlik has details from Beijing and explains how it could impact China's red-hot economy.

Click here for more information.

May Real Estate Board Stats.

Marketing Stats Greater Vancouver housing market holds steady and favours sellers in May. Home sales remianed at typical springtime levels on the Multiple Listing Service in Greater Vancouver.

Click here for more information.

Rates hikes may be on hold until 2012.

house with arrow

Over the past few months, major economists have backpeddled on their rate hike predictions. Initially the rates were expected to start to rise as early as July, however most economists are now saying it could be as late as the new year. Major factors include:

Click here for more information.

Vancouver's average rent, at $1,181, most expensive in Canada.

Vancouver Rentals

Canadian apartment rents rise as demand outstrips supply in the country's apartment rental market, pushing the national vacancy rate lower and making it more difficult for renters to find accomodations, Canada Mortgage and Housing Corporation reported Thursday.

Click here for more information.

Question and Answer

How does the HST affect me as a buyer?

This depends on whether you are buying new or resale. In both scenarios you'll pay a little more tax on associated services (HST for lawyer fees, inspector fees, etc.). In the case of resale property.....

Click here for more information

Thanks for the Referral!

Referral

Your Referrals Are Driving Our Business!

Special thanks this month to:

Tony O. Jim D.

Chris S. Johanna N.

Omid S.

Azadeh J.

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, Alan M , Brendan and Tara

Real Results Group

Helpful Links