Shannon Realty

Living and Selling Greater Vancouver

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604.649.6058

jeff@shannonrealty.ca
 


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Archives for 2016

34,020 Housing Units Under Construction

November 28, 2016 by Editor

Completed and unsold units

Are We Building Too Much Housing? In response to strong demand and falling inventory of new homes, builders had 34,020 housing units under construction in August in Metro Vancouver. But in spite of the construction sites we see on just about every major route in Vancouver, CMHC reports that there is no evidence of overbuilding, […]

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Filed Under: Real Estate Perspective

Record Sales in 2016

November 16, 2016 by Editor

October Statistics

Well wasn’t that an interesting year! We set records for number of sales. We set records for highest prices. And just when it looked like the market had hit its peak, the government surprised everybody with the 15% Foreign Buyers’ Tax (which had an impact much wider than merely on foreign buyers). Then the banks […]

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Filed Under: Real Estate Perspective, Sellers

Considerations for an Unusual Market

October 16, 2016 by Editor

What is going on with real estate right now? Recent rule changes to tax foreign buyers and tighten mortgage lending have introduced some uncertainty to our market – and as always, Buyers don’t like uncertainty.  The result is that many Buyers are holding off on making a move. Things for SELLERS to Consider: In a […]

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Filed Under: Buyers, Real Estate Perspective, Sellers

How Secure is Your Land Title?

September 29, 2016 by Editor

If you’ve ever bought or sold a home in Canada, you’re probably aware that title to your property provides legal proof that you are the owner and lists any current encumbrances, such as mortgages, easements and liens. In other words, it tells sellers exactly what they have and buyers exactly what they are getting. BC […]

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Filed Under: Buyers, Real Estate Perspective

Sales of Detached Houses Shift

September 16, 2016 by Editor

Detached Home Sales Graph

The sales graph for the month of August confirms we are seeing a shift in the detached house sales in the Greater Vancouver residential real estate market. The graph shows that the number of sales of detached houses has been trending steadily lower from the most recent peak in March. The portion of the graph […]

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Filed Under: Real Estate Perspective, Sellers

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Jeffery T. Shannon

Jeff started his career in Real Estate in 1996 with Parklane Homes, selling new and custom tailored homes in the Tri-City area. Driven by a passion for this beautiful city, and for helping people, Jeff completed his real estate license in the spring of 1998. He has been marketing the Greater Vancouver area, and has created a successful business built on referrals and repeat business ever since.

604-649-6058
jeff@shannonrealty.ca

Shannon Realty

Suite 207 5740 Cambie St.,
Vancouver, BC. V5Z 3A6
1-604-649-6058

Email: jeff@shannonrealty.ca

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