Real Estate News from Emina Realty: So, what is new with real estate, you might wonder, !We have definitely seen a further market slow-down after the introduction of the new Foreign Buyer's Tax, but accurately priced units are still selling. The greatest impact has been on the detached market, and less so on townhouses and condos. Please see below for more information on the October stats, new developments, as well as my recent sales. Thank you for staying connected :).
A Recent SaleMy clients have recently purchased a two-bedroom unit in the Copper Sky building in Richmond. There are several reasons why we just loved this building and kept checking on it until the right unit came up: 1. The building has a very proactive strata council, and in 2012 they decided to do a great amount of work on the building repair: the balconies, exhaust vents, exterior cladding, roof soffits, exterior doors & windows, etc. 2. The building has a very healthy contingency fund 3. It is very close to the river and feels like an oasis in a resort town. There is currently another unit for sale on the same floor, so if interested, please let me know. You will have fabulous neighbours! IN THE NEWS: Housing in Canada overheating but don't expect a collapse, according to new report Vancouver Home Prices Drop Noticeably for the 1st Time in 4 years
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