News yesterday in the Vancouver Sun (click here for article) states that the housing rebound in BC is the strongest on record. The article quotes Central 1 Credit Union Economist Helmut Pastrick; a former CMHC guy (his bio is here)
The article states "The overall average home price in B.C. will climb to a new high of $463,800 by the end of 2009, erasing recession-era losses, before advancing to $497,800 in 2010 and $534,800 in 2011."
Our website tells you the details of what and how Alta Pacific MIC works... this news page (and our Canadian mortgage blog) is updated regularly and hopefully sheds some light on who we are while also sharing some of the latest news in Canadian investing - most notably, investing in Canadian mortgages and real estate.
While the Alta Pacific team has considerable experience in real estate, we're new to this online world - including blogging - so go easy on us.