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Today’s hot Vancouver housing market may be just a prelude

Kerry Gold, The Globe & Mail, March 19, 2021

One year after the pandemic began, and despite initial worries, it turned out to be one of the real-estate industry’s best years.

“There are bidding wars on many homes throughout the Lower Mainland, on the Island, and even in the Kootenays,” says Rudy Nielsen, an industry veteran who owns Landcor Data Corporation, Niho Land & Cattle Company and LandQuest Realty Corp.

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Vancouverites lead search for B.C. recreational property

Frank O’Brien, Western Investor, February 10, 2021

Evidence is mounting that tales about more city dwellers rushing to buy rural real estate during the pandemic are more than anecdotal.

In the past eight months, more than 62,000 Vancouver residents searched for property through Landquest Realty, a New Westminster company that specializes in B.C. rural and recreation real estate, part of an avalanche of 458,000 new users who have jammed the site since June 2020.

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Experience is Everything!

Rudy Nielsen, The Scrivener, Fall 2019

I first got my real estate licence in 1964 at the age of 24.

In those days, it wasn’t common be a real estate agent at a young age because most REALTORS® were a lot older and more established. Despite that, I never gave up; the situation provided me even more determination to be successful.

My father was a trapper-turned businessman in Northern BC and I always knew I wanted to be in the real estate business,

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West Vancouver and Kelowna swimming in pools

Susan Lazaruk, Vancouver Sun, Aug 26, 2017

If you’re hoping to strike up a friendship with a neighbour who has a backyard pool, your chances improve if you live in Kelowna, West Vancouver or Surrey.

Those cities have the greatest number of single family dwellings with their own backyard pools, according to numbers provided to Postmedia News by Landcor Data Corp., using B.C. Assessment Authority information.

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Western Canada’s cheapest recreation land is in B.C.

By Frank O’Brien, Business in Vancouver, Aug. 9, 2017

The benchmark price of a detached house in Metro Vancouver is now $1.3 million and a typical condominium apartment is $600,000, so $50,000 will buy less than 80 square feet of housing in the city.

But it is much different in the recreational market of vast British Columbia, where a day’s drive can lead to lakefront acreages for less than $40,000,

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Cheapest recreational properties in Western Canada

Frank O’Brien & Geoff Kirbyson, Western Investor, July 19, 2017

The benchmark price of a detached house in Metro Vancouver is now $1.3 million and a typical condominium apartment is $600,000, so $50,000 will buy less than 80 square feet of housing in the city.

But it is much different in the recreational market of vast British Columbia, where a day’s drive can lead to lakefront acreages for less than $40,000,

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Residential investing: Time to look at limited partnership

Frank O’Brien, Western Investor, July 11, 2017

The average price for a detached house in Metro Vancouver is now $1.54 million and the average condo apartment is selling for $524,600, according to Landcor Data Corp. You need a large down payment – starting at $100,000 – to make even condo rental payments work at covering your costs, which must include a property manager.

But there is a quieter,

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Prominent philanthropists Joe and Rosalie Segal list Point Grey mansion for $63 million

Derrick Penner, Vancouver Sun, June 22, 2017

The air of Vancouver real estate is rarefied for ordinary purchasers, but prominent philanthropists Joseph and Rosalie Segal are reaching for the top of the luxury market with a $63-million asking price for their palatial Point Grey mansion.

That price would set a record for Metro Vancouver, according to a statement from Sotheby’s International Realty Canada.

The Segals’ home isn’t listed on the real estate industry’s Multiple Listing Service,

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As Metro Vancouver’s affordability gap widens, a search for answers

Kerry Gold, The Globe and Mail, Jun. 09, 2017

Last year, a series of government interventions was implemented to cool Metro Vancouver’s runaway property market and increase affordability. And yet, the market is hotter than ever, and the gap between house prices and incomes is growing wider in unexpected parts of the region.

Greater Vancouver reached a record benchmark price of $967,500 – an 8.8-per-cent increase from the year before.

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Chilliwack the last bastion of housing affordability in the Lower Mainland

Paul Henderson, Abbotsford News, June 7, 2017

Chilliwack may be the last bastion of single-family home affordability in the Lower Mainland from here to Vancouver Island.

A report on housing affordability issued June 6 by Vancity of 30 municipalities found the ability for families to purchase homes in the suburban areas outside Vancouver is getting worse, but Chilliwack is still one of the most affordable.

“Buyers looking for affordable housing options used to be able to look to municipalities around Vancouver to find affordable options,” said Ryan McKinley,

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