Canada Real Estate 365 - Commercial RE Green

From Canada Real Estate 365, commercial real estate in Canada is vigorous and outperforming commercial real estate in the USA, Moody's Investors Service states.

In its latest Red-Yellow-Green report, Moody's said each of the 5 market sectors are green or vigorous for Canada, showing greater strength than the USA

"There are no red or weak markets in Canada, compared to a small number of red markets in U.S. office, industrial and multifamily markets," Elena Pankoff, Moody's associate analyst, said.

Canada Real Estate 365 - Americans Buying

From Canada Real Estate 365 - While the globe watched the United States stock market convulse in January because of fears of a possible recession and troubles related to subprime mortgages, Rudy Nielsen was busy closing a million-dollar deal with another USA buyer.

"American buyers are still coming here," Nielsen told the Georgia Straight. "There's still a great demand for Washington guys to drive up to B.C. and get some great skiing, some fishing, and even some of our golf. So they’re still buying recreational land."

The veteran realtor, who has been in the property market for more than forty years, also said that the sales volume being created by his company doesn't indicate a slowdown in terms of USA purchases of recreational properties.

Canada Real Estate 365 - British Columbia 2008 Predictions

From Canada Real Estate 365 - Canadian economists forecasts moderating trends for 2008. The British Columbia Real Estate Association sees housing starts to climb up this year by about 1%, this is based mainly on the strength of multi-family housing construction.

Housing prices are forecast to rise but stay in the single digits instead of the double digits seen in recent years.

Among housing analysts, the consensus appears to be for a 7% to 8% per cent increase in housing prices. Sales are also expected to go down a bit from the near record-breaking pace of 2007, but it's still forecast that sales will be above the previous 10-year average.

Canada Real Estate 365 - Violent Attacks

From Canada Real Estate 365 - Canadian Real estate people are more & more frequently the target of violent attacks and stalkers.

The Canadian Association of Realtor's Bob Linney said murders, stalking and attacks on real estate brokers and sales people have become a bigger problem right across the country in the last 5 years.

"The concern is it's happening more frequently and it's happening everywhere," Linney said. "There's no doubt that it's been accelerated with technology."

"The target seems to be generally female realtors and because of the nature of their work they have to show houses if they're going to survive - to be professionally successful."

"So she had actually taken the first step in doing what we recommend and that is don't take cold calls or show homes without, as a minimum, getting it as a referral."

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