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May 19th, 2013 
Behfuruz Afshari
2012 Director Award Winner

Evergreen West Realty
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Spring delivers greater balance to Greater Vancouver housing market

A closer relationship between home buyer demand and the supply of homes for sale has been having a stabilizing impact on home prices in the Greater Vancouver housing market over the last three months.

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Bank of Canada Interest Rate Announcement - April 17, 2013

The Bank of Canada kept its target overnight rate at 1 per cent this morning. In the statement  accompanying the decision, the Bank forecast that the Canadian economy will gain momentum through the year following a weak second half in 2012, but slow growth through the first half of this year will limit real GDP growth to just 1.5 per cent in 2013 before rising to 2.8 in 2014.

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Find Your Dream HomeFree Evaluation
If the time has come for You to "Find Your Dream Home", then I would love to help. New Listings appear daily on MLS?. By filling out the form, I can have new Listings emailed to You as soon as they become available.The Equity in your home is like any other investment - it needs to be monitored. Homeowners should have their Equity evaluated once a year.
Now might be the perfect time...

The Provincial Government First-Time New Home Buyers Bonus; Up to $10,000

If you are currently in the market for a new home and qualify as a first-time new homebuyer, you may be eligible to receive a significant bonus of up to $10,000 from the BC government.

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Flaherty; Stricter mortgage rules helped cooling the housing market

Canada's finance minister is taking credit for the recent cooling in the hot housing market, saying a slowdown now is better than a crash later.

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First American Financial; the Los Angeles-area insurance company

When Dennis Gilmore gathered financial analysts and investors on a conference call last summer, the head of California-based First American Financial Corp. had some troubling news. It was what he referred to bluntly as %u201Cthe situation%u201D up in Canada.

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CMHC's Reins Get Pulled Back; CMHC is throttling way back on its mortgage insurance business.
That was the eye catching revelation in its corporate plan released last week.
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Vancouver's population is Growing fast

Vancouver's suburbs are booming, according to the latest census data, with population growth rates reaching nearly 20 per cent over the last five years in some cities.

The number of people in the metropolitan Vancouver area increased by 9.3 per cent between 2006 and 2011, driven by huge population growth in places like Surrey.

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Thank you for Visiting my Website. Here you will find detailed and usefull information about housing market and activities. My effort is to provide you with the best service in real estate and keep you posted with the most recent market trends. I am commited to selling your home or finding you that dream home you are searching for. You are invited to browse my website, if you have difficulty finding the subject you are looking for, simply click on the contact tab; send me a message or call me for assistance.