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Vancouver Sun, July 13, 2009

More than $178,000 was raised at Coast Capital Savings’ 8th Annual Charity Golf Tournament benefiting depression research and treatment at VGH & UBC Hospital Foundation for Depression Research. Since 2002, the annual event has raised over $980,000, with the majority of funds going toward research, treatment and awareness of mental illness.

The Westminster Savings Foundation provided $20,000 to Servants Anonymous Surrey, a society dedicated to preventing child and youth exploitation,

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Sally Howard and Emma Wells, The Sunday Times (London), November 1, 2009

Rudy Nielsen looks unprepossessing enough in his blue jeans and lumberjack shirt, but he has been known to buy up an entire town before breakfast. Nielsen is an agent and property developer with a difference: his speciality is buying, renovating and selling the once thriving mining communities that litter the vast expanses of Canada.

“Many of these abandoned places are extremely picturesque,

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Frank O’Brien, Western Investor, September 2009

From somewhere in the world – but most likely Western Canada, the USA, or Europe- 16 well-heeled buyers are expected to ante more than $1 million each to share in Canada’s first gated community, now being developed between the East Kootenay communities of Invermere and Radium Hot Springs.

“I know more about recreational real estate  in BC than probably anyone else, and this is the best property I have ever seen,” said Rudy Nielsen,

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Carla Wilson, The Victoria Times- Colonist,  May 2, 2009

Greater Victoria’s real estate market continued to rack up hefty month-over-month increases in sales while prices in April continued to decline from record highs of the past two years.

“There is definitely a spurt in the marketplace right now … has been for the last three to four weeks,” said Rudy Nielsen, president of Landcor Data Corp., which tracks British Columbia’s real estate market.

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Derrick Penner, The Vancouver Sun, May 20, 2009

British Columbia’s real estate markets have reached a point where it is difficult to predict if they’ll go down any further or begin a recovery — or even when either might occur.

In its latest forecast released Tuesday, the Canada Mortgage and Housing Corp. reduced its expectations for new-home construction, sales and prices for this year and next.

Province-wide,

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Kathy Michaels, Penticton Western News, May 28, 2009

Real estate prices are showing signs of stability in and around Vancouver and Victoria, but experts say the bottom of the Okanagan’s market has yet to be established.

This week, Landcor and the BC Real Estate Association both released reports that downplayed the hysteria surrounding dropping home values, noting prices haven’t and won’t reach the depths previously anticipated. Both groups also highlighted that real estate values in B.C.’s larger urban centres,

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Paul J. Henderson, The Chilliwack Times, June 5, 2009

Balance, stability, gains–all words that have not been on the lips of economists or real estate experts for many months, but that may be changing.

“The majority of the decline in home prices has already occurred,” said Cameron Muir, B.C. Real Estate Association chief economist in a recent press release.

“Balanced markets are emerging in Victoria, Vancouver and the Fraser Valley.

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Chris Bush, Nanaimo News Bulletin, July 7, 2009

Real estate sales in Nanaimo climbed through June, continuing a trend that started in February.

Multiple Listing Service statistics released by the Vancouver Island Real Estate Board reports show 161 unit sales for June, beating May’s 124 units and well above June 2008, when just 111 units changed ownership in Nanaimo.

While sales are up, Nanaimo prices are down slightly from April’s average unit price of $352,555 – the highest so far this year.

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Kerry Gold, The Globe & Mail, May 22, 2009

It was a mere seven months ago that economists and newspaper headlines had declared a real estate downturn tantamount to the sky falling in on Vancouver homeowners.

But recent reports suggest the downturn wasn’t nearly as severe as previously imagined. According to the most recent statistics from the Real Estate Board of Greater Vancouver, residential property sales in Greater Vancouver are up 31 per cent from March to April,

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Kerry Gold, The Globe & Mail,  June 19, 2009

In this economic climate, developers must sweeten the pot if they’re going to draw new customers.

Fractional ownership of a recreational property is a sweetener that’s growing in popularity.

It’s a type of ownership that can be used for the purchase of any property – real estate, boats and racehorses. In the case of real estate, the owner has clear title over a portion of the property.

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