Here are some real estate graphs and stats specific to Port Moody through 2008. 
 

To access the latest market information for a specific area of Port Moody click here.
For a general MLS search click here.

Following the latest Bank of Canada’s overnight rate cut from 1.50% to 1.00%, Canada’s banks have cut their prime lending rates by a half-point to a record low of three per cent, and reduced some fixed and floating-rate mortgages.
The answer home buyers’ will be seeking surrounding this all-time low interest rate, will be how this [...]

The City of Port Moody wants to hear your feedback on the draft policies and proposed land use changes.
Since the Official Community Plan (OCP) review process began, hundreds of community members shared their own vision and provided input for the future of Port Moody.  
As a result of this, updated OCP policies have been drafted [...]

A question asked by Chris in my previous blog post comments: Metro Vancouver Housing Inventory drops almost 37%… prompted this post.
Did you know that a potential buyer of a new home walking into the developer’s pre-sale office without a professional REALTOR® is compromising their position by automatically limiting their representation?
It is not possible for the [...]

On September 30, 2008, the Real Estate Board of Greater Vancouver (REBGV) had a total of 22,605 active listings.  This recent high may have caused some panic because there were only 13,574 listings exactly one year earlier.

 Yesterday, January 16, 2009, I did a search for all REBGV active listings and this is what I found:

As David Clayton-Thomas lyricized,”What goes up [...]

Canada’s Investigative Consumer Show, Marketplace, and Mike Holmes, HGTV’s contractor of Holmes on Homes, collaborated for a CBC episode entitled, “New Home Nightmares“.
Although it only scratches the surface, this production demonstrates how the legislative system in Canada is badly broken leaving home buying consumers at the mercy of unscrupulous home builders and developers, and ineffective [...]

Homeowner advocate and local Realtor, John Grasty, offers Tri-City area homeowners (and buyers) relevant property information, including comparable sales data and the most up to date and accurate picture of activity and trends for a particular market.
“This is simply neighbourhood intelligence”, says Grasty, one of the first 50 Realtors (out of over 98,000) in Canada [...]

“We call this neighbourhood intelligence.”

There were 9,616 Realtors just in the Real Estate Board of Greater Vancouver as at November 30, 2008, and membership has been declining since June.
A question to be asked by all buyers and sellers right now is, “How does your Realtor’s tile hang”?
During these challenging economic times many Realtors will likely let their licence lapse [...]