PPG Real Estate Blog

Happy Chinese New Year!

Thu, 12 Jan 2023 19:55:15 GMT

12 Summer Home omprovement Projects to Do This Year

Wed, 13 Jul 2022 17:55:53 GMT

Replace your Vinyl Siding
Power Wash Your Home
Restain your deck
Install an Outdoor Kitchen
Replace Your Windows
Reseal Your Asphalt Driveway
Landscaping
Plant a Garden
Build a Shed
Replace Gutters
Upgrade Your Garage Door
Replace your Roof

Happy Thanksgiving!

Fri, 08 Oct 2021 16:29:17 GMT

Our offices are closed on Monday, October 11th for Thanksgiving.

May you and your familiy be blessed on Thanksgiving and throughout the rest of the year!

Our offices are open!

Wed, 11 Aug 2021 21:40:23 GMT

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COVID-19 Update - Phase 2

Mon, 27 Jul 2020 16:40:39 GMT

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COVID-19 Update

Fri, 20 Mar 2020 18:09:11 GMT

The worldwide COVID-19 pandemic is changing the way everyone interacts with the world. We can mitigate the spread of this virus by protecting ourselves and the people around us through social distancing. As a company who puts the health and safety of our employees and associates first, Pacific Place Group is following the lead of Canadian public health authorities by implementing the following changes to our company policy, effective immediately:

Currently there are to be NO on site client meetings.

For office access please contact your local office adimistrator to book date and time.

Happy Holiday's!

Tue, 26 Nov 2019 20:20:22 GMT

Hoilidy Hours:

Dec 24th 9;00am - 1:00pm

Dec 25th Closed

Dec 26th Closed

Dec 31st 9:00am - 1:00pm

Jan 1st Closed

Happy BC Family Day!

Fri, 26 Jul 2019 18:29:10 GMT

Happy BC Family Day!

WIshing you a safe and happy long weekend!

Our offices will be closed Monday August 5, 2019. we will resume regular business hours the following day.

2019 Honda Celebration of Light

Fri, 05 Jul 2019 16:35:00 GMT

EXPERIENCE 3 DAYS OF AWESOME AND NIGHTS OF AWE

The unforgettable energy of the Honda Celebration of Light returns for its 29th year with a thrilling line-up of pyrotechnic performers featuring competing teams from India, Canada, and Croatia.

The Honda Celebration of Light fireworks are on Saturday, July 27th, Wednesday, July 31st, and Saturday, August 3rd.

More Info on event click HERE

West Broadway location is now open!

Thu, 30 May 2019 18:28:28 GMT

West Broadway location is now open!

Visit us at:

1245 W. Broadway Unit# 102

Vancouver BC, V6H 1G7

Welcome Spring!

Mon, 25 Mar 2019 17:44:18 GMT

Finally spring is here!

Who can use some of this?

Home listing increase while buyers remain in holding pattern

Fri, 01 Mar 2019 18:49:58 GMT

Home listings continue to increase across all housing categories in the Metro Vancouver* housing market while home buyer activity remains below historical averages.

The Real Estate Board of Greater Vancouver (REBGV) reports that residential home sales in the region totalled 1,103 in January 2019, a 39.3 per cent decrease from the 1,818 sales recorded in January 2018, and a 2.9 per cent increase from the 1,072 homes sold in December 2018.

Last month’s sales were 36.3 per cent below the 10-year January sales average and were the lowest January-sales total since 2009.

"REALTORS® are seeing more traffic at open houses compared to recent months, however, buyers are choosing to remain in a holding pattern for the time being."

Phil Moore, REBGV president

Happy Chinese New Year!

Tue, 29 Jan 2019 23:39:35 GMT

The Pig is the twelfth of all zodiac animals. According to one myth, the Jade Emperor said the order would be decided by the order in which they arrived to his party. Pig was late because he overslept. Another story says that a wolf destroyed his house. He had to rebuild his home before he could set off. When he arrived, he was the last one and could only take twelfth place.

The Pig is also associated with the Earthly Branch (地支—dì zhī) hài (亥), and the hours 9–11 in the night. In terms of yin and yang (阴阳—yīn yáng), the Pig is yin. In Chinese culture, pigs are the symbol of wealth.

Their chubby faces and big ears are signs of fortune as well.

Happy Holidays!

Fri, 07 Dec 2018 17:39:36 GMT

Rememberance Day

Tue, 06 Nov 2018 19:46:46 GMT

When is Remembrance Day?

Remembrance Day is commemorated on the 11th November each year, and marks the end of World War I in 1918. It may also be commonly known as Armistice Day.

The intention of the day is to remember the fallen on both sides in the 'Great war'.

In Canada, Remembrance Day is a public holiday and federal statutory holiday, as well as a statutory holiday in all three territories and in six of the ten provinces.

Why Remembrance Day is important

On Remembrance Day, Canadians pause to honour the men and women who have served, and continue to serve Canada during times of war, conflict and peace. More than 2,300,000 Canadians have served and more than 118,000 made the ultimate sacrifice.

The poppy is the symbol of Remembrance Day. In the run up to Remembrance Day, replica poppies are sold by the Royal Canadian Legion to provide assistance to veterans.

11th November marks the signing of the armistice (peace agreement) between the Allies and Germany at Compiègne, France.

The armistice took effect at eleven o'clock in the morning - the "eleventh hour of the eleventh day of the eleventh month."

However, while this date is used to reflect the end of the whole war, it technically relates to the cease fire on the Western Front; fighting continued after 11th November in parts of the Ottoman Empire.

Our offices will be CLOSED on November 12 in lieu of November 11th statutory holiday.

Pacific Evergreen Realty 1st Anniversary Party!

Tue, 06 Nov 2018 19:19:29 GMT

Pacific Evergreen Realty celebrates it's first anniversary by holding a special dinner event at the Starlight Casino. Great food, entertainment and networking for close to 250 guest!

Happy Thanksgiving!

Mon, 01 Oct 2018 16:58:44 GMT

Happy Thanksgivivng!

Our offices will be closed Monday October 8th, 2018. We will resume regular business hours Tuesday October 9, 2018

Walk for Alzheimer's

Wed, 22 Aug 2018 21:52:47 GMT

Congratulatins to the participants who took part of this important cause and representing Pacific Evergreen Realty!

New powers for strata corporations to fine owners of short-term rentals

Tue, 21 Aug 2018 17:47:42 GMT

Strata corporations will have new powers to pass bylaws restricting or banning short-term rentals and fine non-compliant owners or residents up to $1,000 a day because of changes to the BC Strata Property Regulation.

Read full story HERE

Montreal Heats Up, While Toronto And Vancouver Real Estate Continue To Cool

Tue, 21 Aug 2018 17:17:45 GMT

Another Canadian real estate indicator is pointing to cooler markets across the country. Canadian Real Estate Association (CREA) numbers show sales across the country cooled in July. The decline has led to a greater amount of inventory in almost every market West of Ottawa. Less sales and more inventory has sent the sales to new listings ratio plummeting in all but 3 markets.

Read full story HERE

Be fully prepared to buy

Fri, 10 Aug 2018 17:41:49 GMT

Make sure you are ready to buy

Read full article here

BC Family Day 2018

Thu, 05 Jul 2018 22:31:43 GMT

Our offices will be closed Monday August 6, 2018 to observe the BC Day holiday.

Our offices will re-open at 9:00am Tuesday August 7, 2018.

Happy Canada Day!

Tue, 26 Jun 2018 17:32:57 GMT

Our offices will be closed on Monday July 2, 2018

We will resume regular business hours on Tuesday June 3, 2018 at 9:00am - 5:00pm

Is Vancouver running out of office space?

Wed, 06 Jun 2018 17:29:46 GMT

What a difference a couple of years makes in commercial real estate.

J. Neil HamiltonWestern Investor

Is it Amazon? It is President Donald Trump? Whatever is causing it there definitely appears to be a dearth of office space in Vancouver, especially downtown.

Funny, isn’t it?

Not that long ago, many people were decrying the flight of head offices out of Vancouver to Canada’s new Riyadh, Calgary, and the thousands of square feet of office space that was freeing up. But our loonie went from par to just over US$0.70 (since to claw its way back up to US$0.82 but with seeming little negative effect) and Canada started to look good again for US multinationals and tech companies.

Then President Trump (that phrase still sounds like an oxymoron – or should that read “political moron”?) decided to bar people of certain ethnic backgrounds, religions or parts of the world (many of whom are amazingly talented in the tech sector) from entering or re-entering the United States, making Canada that much more attractive.

Add to those things the last three months of Hawaii-like weather we’ve had here (I’ll conveniently forget the preceding winter…) and bang! Everybody wants to live and work here.

Did you know that at present, of our major cities in Canada, Vancouver is the best for job seekers? Restauranteurs, retailers and tech companies alike can’t find people to work in their establishments. Granted, some of the smaller tech people are having trouble attracting talent here due to the high cost of accommodation in this city, but the bigger companies are still locating in YVR. After all, San Francisco is about as bad (or worse) for cost of living, and the movie people are still on a roll here as well.

And even though Amazon has already taken a lot of space here, they’re still sniffing around for a second North American headquarters. However, the space they would require and the number of people they would have to hire (not to mention the housing expenses here, and our proximity to Seattle) probably takes us out of the running for that behemoth. Tim Ellis of Geek Wire ranks Vancouver as #10 out of the Top 10 cities that Amazon could locate in, mostly for the above reasons.

But locally grown tech “unicorns” such as HootSuite, Avigilon and Slack are all making their voracity for office space known. A recent report by Cushman & Wakefield foretells the second-lowest office-vacancy rate in the western hemisphere for Vancouver by 2019. Their prediction is for a YVR office-vacancy rate of just over 6 per cent by then, putting us just behind Toronto at around 4 per cent. And according to Colliers International, we’re pretty well there now, with a current rate of 6.3%, the lowest Metro Vancouver vacancy rate since the first quarter of 2009, when it was 5.7%.

So, let’s recap. We have no office space, and no condos for people to live in, either to rent or to buy, and the highest gas prices in the country (or close to it). Will people start moving away from our jewel-by-the-sea? We’ve all heard stories of the so-called “exodus” of young people moving to Kelowna, etc, due to the high cost of accommodation. But then again, equal numbers seem to be arriving. This writer experienced exactly that at a recent small networking gathering, meeting a newly arrived young female writer from San Francisco and a just-graduated architect from Argentina.

And they’ll need office space…

Victoria Day

Fri, 18 May 2018 18:29:09 GMT

Our offices will be closed on May 21, 2018 We will re-open Tuesday May 22, 2018 at 9:00am.

Happy Mother's Day

Thu, 10 May 2018 22:09:25 GMT

Sunday May 13th

For all those mothers out there...

How Real Estate Pros Spend Their Marketing Money

Fri, 20 Apr 2018 16:38:32 GMT

A recent study commissioned by Real Estate Webmasters say that last year, 53 per cent of rel estate professionals spent less than $5,000 on their annual marketing efforts, including both offline avenues. However, one in eight real estate agents spent more than $20,000, with the top three per cent spending more than $80,000 on their marketing.

Click HERE to read full story

Vancouver Cherry Blossom Festival

Wed, 11 Apr 2018 17:35:23 GMT

The 13th annual Vancouver Chery Blosson Festival celebrating the pinking of Vancouver starts Tuesday and runs until April 29th.

It's springtime festival that urges us to look up from our mobile devices long enough to take inthe clouds of blooms above us and down the street. And it offers almost two dozen blossom-themed community events,most of which are free. This year the event is presented by Coromandel Properties and the Vancouver Park Board.

Click here to see full article

Happy Easter!

Wed, 28 Mar 2018 17:52:11 GMT

Our offices will be closed on Friday March 30th in honor of "Good Friday"

Does a recent B.C. Supreme Court decision change disclosure requirements?

Tue, 27 Mar 2018 18:48:31 GMT

Murder, suicide, ghosts…What must be disclosed?

Read Full Story on disclosure responsiblities.

Open House

Fri, 16 Mar 2018 22:30:36 GMT

Come and visit us at our Metrrotown office Open House! If you haven't come in to this new space then this is the time to do so. Both Real Estate and Insurance advisors are welcomed to use this space for meetings, drop off/pick up paperwork or just need a quite space to work. Please RSVP to msum@pacificplacegroup.com

Where Are The Best Bets For Real Estate Investment

Thu, 08 Mar 2018 18:24:55 GMT

Six of the top 10 cities are in the Lower Mainland, accoring to annual rankings.

The rapidly growing city of Surrey is once again ranked as the best to invest your buck in Real Estate, accoring to an annual ranking by the Real Estate Investment Network (REIN).

The 2017 survey identifies the top 10 cities in the province for real estate investment,based on REIN's research. REIN's methodology includes "all economic and demographic fundamental key drivers combined with the current impacting specific markets," accoring to the report.

The top 10 cities for the year's ranking are:

Surrey
Abbotsford
New Westminster
Victoria
Kamloops
Kelowna
Chilliwack
Tri-Cities
Burnaby
Vancouver

Homebuyers Road map

Fri, 02 Mar 2018 22:16:44 GMT

Looking to buy a home? Check out the homebuyer road map first.

Vancouver Market 2018

Thu, 22 Feb 2018 22:36:56 GMT

According to the Conference Board of Canada (CBoC), Vancouver’s economy is forecast to grow 2.5% in 2018, continuing a steady upward trend seen in recent years. The CBoC cautions that federal and provincial governments’ respective measures to cool the housing market and the drop in the Vancouver resale market in spring 2017 may contribute to a weaker outlook in the near term. But there are also signs that the market is shrugging off the foreign buyers’ tax: the benchmark price for condos rose 19.4% between August 2016 and August 2017, according to the Real Estate Board of Greater Vancouver—though detached home prices rose only 2.2% over the same period.

According to the survey, investor demand and redevelopment opportunities in Vancouver are thehighest in Canada. But regional developers and investors anticipate they’ll be more conservative in 2018 due to the impact of policy changes and interest rate hikes. As a result, industry players are preparing for an “eventual downturn” by focusing on operational efficiency, maintaining the status quo by holding off on acquisitions and being more selective and patient when building their portfolios. Vancouver is a seller’s market, observed one interviewee, and that’s driving companies that won’t stay still to move fast to avoid missing opportunities. Overall, interviewees were bullish on industrial and commercial property, as those types “require less management than residential,” as well as mixed-use and residential in “second-core” areas.

In Vancouver, people are split over solutions to the region’s spiralling real estate prices and rents. Some in the region advocate that the government needs to embrace more radical thinking. Housing affordability was a top issue in British Columbia’s 2017 election. During the campaign, the NDP even promised to build more than 100,000 affordable rental, non-profit and co-op housing units over 10 years. Others feel the approvals process for new projects, including condo projects, takes too long and is too expensive—and that housing supply could increase significantly over the short term if municipalities sped up the process and reduced fees.

Happy Chinese New Year!

Mon, 15 Jan 2018 21:40:41 GMT

Happy Holidays!

Tue, 19 Dec 2017 19:06:28 GMT

As this years winds down, we offer our best wishes and happiness to you and your families this holiday season and look forward to another successful upcoming year!

1st Blog post

Tue, 05 Dec 2017 17:33:55 GMT

Welcome to our new website where you will find information on buying or selling a property as as well as finding a Realtor to help you along the way.