Richard Morrison's Blog

CB Richard Ellis Group notes in a worldwide study of real estate prices (2006 figures) that property prices in London are the most expensive in the world, with some sales hitting $5,900US per square foot. Exclusive properties in New York can go for about $5,300US per square foot, while those in H...

The Numbers - Vancouver  VancouverJan 2007Jan 2006% Jan 2005%Units Sold 1,816 1,936-06%1,764+03%Average Price 529,800 465,900 +15%377,100+30% Apt. Prices New 431,500398,400+08%368,700+15%Apt. Prices Used 333,300293,200+13%235,400+30%Det. Prices New 894,800738,900+21%641,700+29%Det. Prices Used 74...

Tax Rollover - a favourable break for the InvestorOzzie JurockMarch 30, 2006....And More Could Join With Rollover Tax Measure The newly elected Canadian government's election platform called for the elimination of capital gains tax for individuals who reinvest profits earned from selling real est...

Average House Price Will Increase 4% Per Year for the next 25 years.TD Bank Financial Group- September 2006 Home prices in Canada should rise 4% annually on average over the next 25 years, although that won't hold for all houses in all markets, according to a TD Bank report. "Our report confirms ...

HAPPY NEW YEAR TO EVERYONE!January 4th, 2007As 2007 starts, we look back in hindsight at the amazing achievements from each of our clients. It is time once again to thank each of you for all the ventures we have taken together. Aside from that, it is also a time to reflect on the things that are ...