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Central 1: Caution as pandemic shifts towards greater normalization

Bryan Yu, The Business Examiner, Aug 30, 2021

BRITISH COLUMBIA – It is no secret that housing prices have surged across BC and throughout Canada. Since the onset of the pandemic, average MLS® home prices in Canada have increased 25 per cent with BC 23 per cent higher.

What is often missed, however, is a detailed perspective of urban area performance. MLS® data published by the Canadian Real Estate Association and local real estate boards is current and valuable to assess the current state of the market and resale inventories.

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Building an Empire on Technology – with Rudy Nielsen

By Richard Sweeting, The Cascadia Report, March 17, 2021

Rudy Nielsen R.I. FRI, President, NIHO Group, joined Cascadia Report to relive some tales from his incredible life and career to date, and share some advice with those that look to follow in his footsteps. With over 50 years of real estate experience, he is a highly regarded expert in the BC real estate industry. He has occupied the roles of developer,

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B.C. recreational land a superb long-term investment

Rudy Nielsen, Western Investor, May 5, 2020

My more than 56-year career not only as a realtor, but also an appraiser and investor, has taught me the importance of how profitable and rewarding real estate is. Regardless of the up and down cycles, patience is a strength worth cultivating.

Today’s demand for recreational property indicates there is validation of four types of people who purchase these property types: purchasers who want a secure/safe place for family: properties for both recreational use and investment purposes to secure the future (retirement,

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Latest B.C. residential real estate data: Five things to know

David Carrigg, The Vancouver Province, Nov 19, 2019

Almost 73 per cent of detached homes sold in Vancouver in the first nine months of 2019 went for below assessed value, while Kitimat and the Kootenays are booming

Provincewide real estate figures released this week by Landcor Data Corporation compared all residential sales for the first nine months of 2019 with the same period last year.

It breaks down sales numbers,

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Thrilling cycling action returns with third annual New West Grand Prix

Theresa McManus, New West Record, June 10, 2019

The New West Grand Prix is returning to the streets of New Westminster this summer.

The New West Grand Prix is part of BC Superweek, a race series taking place July 5 to 14 in six cities across Metro Vancouver. The local event, featuring more than 200 international riders, hits the streets of downtown New Westminster on Tuesday, July 9.

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Houses of the Holy: In Vancouver, a union of church and real estate

Dan Fumano & Douglas Todd, Vancouver Sun, March 23, 2019

The city of Vancouver’s places of worship, which sit upon more than $3.4 billion of real estate, are getting into the housing game more than ever before, scaling projects skywards in an attempt to benefit both their congregations and a community facing a housing crisis.

Religious groups have long provided housing. In past generations, those efforts focused on helping vulnerable populations with shelter beds for the homeless,

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Meet Rudy Nielsen

Lisa Gordon, Canadian Mortgage Broker, Winter 2019

In Rudy Nielsen’s office, a big fish swims in an aquarium filled with smaller fish. It’s a visual reminder for the successful 77-year old real estate entrepreneur to always be the big fish whenever he goes into a new venture.

Today, there’s no doubt that mantra has served him well. Nielsen is the founder and president of the NIHO Group of Companies (“NIHO” is a contraction of Nielsen Holdings),

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Property Watch: is the B.C. housing market on the ropes?

BC Business, Feb 5, 2019

The new speculation and vacancy tax strikes one more blow

As expected, the B.C. government forged ahead with its speculation and vacancy tax, which took effect on January 1. This politically controversial yet publicly supported levy will penalize foreigners who don’t pay income taxes and leave a home empty for more than six months of the year with a 2-percent tax on the property’s assessed value.

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Rising commercial assessments a threat to North Shore businesses

Jane Seyd, North Shore News, Jan 11, 2019

While property assessments for single-family homes have been falling across the North Shore, commercial assessments have been heading in the opposite direction —clocking in with dramatic increases for the second year in a row.

That has a number of owners worried about what it could mean for taxes – and the viability of local businesses – in the future.

Ross Forman of Re/Max,

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Real estate values sink for detached homes in West Vancouver, North Vancouver

Jane Seyd, North Shore News, Jan 8, 2019

Dramatic changes in the real estate market have shifted areas of the North Shore that were multiple-offer territory into a buyer’s arena.

What went up in a spectacular rise in the run-up to the real estate peak of 2016 is now on its way back down. The most dramatic changes have been in the market for detached homes, particularly for the priciest mansions in West Vancouver.

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