Blog Posts - Real Estate News



How can you win a real estate bidding war in Metro Vancouver?

In a red-hot real estate market where inventory is low, prices are high and competition is fierce, the seller holds exponentially much more power than the buyer. Multiple offers have become the new normal in the Vancouver market, with many properties...

Average Metro Vancouver home price climbs 20% in January

Vancouver’s hot real estate market isn’t showing signs of slowing. January saw year-over-year growth of more than 20 per cent for the Metro region, according to the Canadian Real Estate Association. That brings the average price of a home...

If you’re flipping houses, expect to face tax on 100% of your profits

News reports of insider trading and house flipping among some Metro Vancouver real estate agents has led B.C.’s Superintendent of Real Estate, Carolyn Rogers, to launch an investigation into the matter. Earlier this week, NDP housing critic David E...

Vancouver property assessments go through the roof

It released its annual assessment figures January 4 and it provided a few examples of some individual assessments including one for an East Side, single-family, 33-foot lot, which jumped by 28% from $993,000 to $1,267,000, and one for a West Side, si...

Vancouver real estate prices up an incredible 18% over 2014

Prices increased 11.5 per cent, significantly bolstering the national average, while sales activity increased 21.4 per cent in 2015 over 2014 – and those figures aren’t just for Vancouver. The association, however, expects increases in sa...

Canada’s mortgage rules tightened to cool off red-hot Vancouver and Toronto markets

The federal government is attempting to take some momentum out of the country’s most expensive — and frothiest — housing markets in Vancouver and Toronto, announcing Friday changes to mortgage lending rules that lift minimum down payment requir...

REALTORS® Stop Congress from Taking Money from Future Homeowners!

Your favorite Realtors are always looking out for your best interests both locally and nationally.  Recently, Congress tried to pass a bill that would tax new home buyers a “G-fee” that would generate money for transportation.  Nothing...

Congratulations To The August 2015 Real Estate Appraisers Exam Passers and Topnotchers!

Finally, the Professional Regulation Commission (PRC) has announced the results of the Real Estate Appraisers Exam given last August 30, 2015 by the PRBRES. Out of 4,731 who took the exam, 2,462 passed. This translates to a 52.04% passing rate. The c...

Confirmed! The Next Real Estate Brokers’ Exam in Q1-2016 Will Be Open To All (Not Only For Re-takers)

Confirmed! At the speech of Mr. Eduardo G. Ong, Chairman of the Professional Regulatory Board for Real Estate Service (PRB-RES) at the iRISE event at the SMX Mall of Asia, he said that there will be another real estate brokers’ exam for those w...

Confirmed! The Next Real Estate Brokers’ Exam Will Be Open To All (Not Only For Re-takers)

Confirmed! At the speech of Mr. Eduardo G. Ong, Chairman of the Professional Regulatory Board for Real Estate Service (PRB-RES) at the iRISE event at the SMX Mall of Asia, he said that there will be another real estate brokers’ exam for those w...

Weathering The Storm: The Election Season And How It Might Affect The Philippine Real Estate Market

This post was written by Mr. Jojo Salas, Director – Pinnacle Research and Consulting. I’m happy that they have allowed me to feature it here in ForeclosurePhilippines.com, as this is full of information smart real estate investors should...

What Every Filipino Should Know About The West Philippine Sea (Videos)

The Philippines is an archipelagic country which is very rich in natural resources and even human resources. The Philippines may be a small country, but I love it very much. It pains me to know that another country is bullying us and taking advantag...

My #MMShakeDrill Earthquake Preparedness Experience

I believe that the #MMShakeDrill held today, July 30, 2015 was a success. It has definitely increased the awareness of people about earthquakes and what to do in case an earthquake occurs – this alone will save many lives. When it comes to disa...

Good News! Another Exam for Real Estate Brokers in the First Quarter of 2016

Good news for those who would like to take the real estate brokers’ exam even without having a real estate management degree! PRBRES Chairman E. G. Ong has announced that there will be another real estate brokers’ exam in the first quarte...

Las Pinas City Real Property Tax Amnesty Extended Until July 31, 2015

Here’s one more chance for delinquent real property owners in Las Pinas City as the real property tax amnesty was extended up to July 31, 2015. Affected real property owners are encouraged to take advantage of another opportunity to save their...

HUDCC Raises Economic Housing Loan Ceiling To P1.7 Million from P1.25 Million

The Housing and Urban Development Coordinating Council (HUDCC) approved HUDCC Resolution No. 2, Series of 2015 on June 8, 2015, increasing the Economic Housing loan ceiling from P1,250,000.00 to P1,700,000.00. The said resolution was published in The...

Is It True That The Maximum Loanable Amount For New Housing Loans Is Just 60% of the Appraised Value?

In October 2014, I read in the news that the Bangko Sentral ng Pilipinas (BSP) will set a cap on real estate loans at sixty percent (60%) of their collateral values. I did not write about it then as I was not able to research yet on the actual BSP do...

Economic Housing Loan Ceiling Now P1.7 Million

The Housing and Urban Development Coordinating Council (HUDCC) approved HUDCC Resolution No. 2, Series of 2015 on June 8, 2015, increasing the Economic Housing loan ceiling from P1,250,000.00 to P1,700,000.00. The said resolution was published in The...

Rate cut could add fire to Vancouver and Toronto housing markets

A further interest rate cut by the Bank of Canada could further fuel flames in the country’s two biggest real estate markets which are once again showing signs of overheating, housing watchers say. “It’s another log on the fire for the Toronto...

Price of a detached house in Greater Vancouver surpasses $1.1 million

Lower Mainland house prices hit record highs in June, particularly in Metro Vancouver north of the Fraser River, as hot spring sales appear to be spilling over into summer. The benchmark price (an average of typical homes sold) for detached houses to...


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