By Ozzie Jurock
|Condo Suites||$128,500/$119,000 +08%||84,000/79,000 +06%||175,000/172,000 +01%||110,000/121,000 -9%|
|Houses||$165,900/$157,000 +05%||131,400/130,000 +01%||361,000/349,000 +03%||252,000/241,000 +5%|
In August of 1999 (versus August, 1998) condos are up everywhere except in the Fraser Valley. Home prices are up everywhere.
Where to invest:
an investor, a condo in BC is better (higher rents). For the homeowner
we like BC better because of the lifestyle. But for cash investors
in single family homes? ALL OF THE WEST IS BEST
E-mail this story to a friend Print this story Save This Page to del.icio.us
Recent Articles by this columnist:
Debunking the Myths of Yuletide Home Selling
Mortgage Interest Rates - Whither Do They Go?
Should You Sell Your Old Home Before Buying a New Home?
What's a cap rate anyhow?
Developers ignore Feng Shui at their peril
All articles by Ozzie Jurock
Check out this week's Jurock Real Estate Insider Special deal
Have a real estate question? Ask an Expert