Thursday, July 19, 2012

Ensuring Canadian Access to Oil Markets in the Asia-Pacific Region

This report provides a comprehensive overview of the outlook for Alberta crude oil and bitumen production and an assessment of the economic attractiveness and feasibility of exporting oil to countries in the Asia-Pacific region instead of solely to markets in the United States. It also describes the extent of the new oil pipeline infrastructure that would be needed to allow oil exports to Asia-Pacific region under two scenarios: 1. no increase in oil sands bitumen production capacity from a base-case forecast; and 2. bitumen production capacity increased from that in the base case to supply Asian markets after 2026. The likely gross employment and overall economic (GDP) benefits from construction and operation of the required facilities are also discussed.

Best regards

Dean Birks

Top Office Producer 2011

Top MLS® Producer - Prince George 2011

Royal LePage Prince George
Phone/Text (Direct): 250-612-1709
Fax (Direct): 1-888-870-4132


Oh, by the way. I'm never too busy for your referrals!

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Sunday, July 15, 2012

BC Home Sales Lower through June, Stronger Second Half Expected

Here is latest report. Hope you enjoy.

For the complete news release, including detailed statistics, click here.

For immediate release

Vancouver, BC – July 12, 2012. The British Columbia Real Estate Association (BCREA) reports that during the first half of 2012, BC residential sales dollar volume declined 17.1 per cent to $20.4 billion, compared to the same period last year. Residential unit sales dipped 9 per cent to 38,312 units, while the average Multiple Listing Service® (MLS®) residential price was 8.9 per cent lower at $533,681.

The pace of home sales slowed during the first half of the year,” said Cameron Muir, BCREA Chief Economist. “However, the downturn is likely to be temporary as population growth, persistently low mortgage rates and encouraging employment figures suggest a stronger second half of 2012.

The 5-year conventional mortgage rate remains within 5 basis points of its 20 year monthly low. BC’s population is growing by approximately 45,000 individuals a year. Full-time employment climbed 3 per cent during the first half of 2012 at the expense of part-time employment, which declined 1.9 percent.

The dollar volume of homes sold through the MLS® in BC declined 24.1 per cent to $3.4 billion in June compared to the same month last year. A total of 6,815 MLS® residential unit sales were recorded over the same period, down 13.8 per cent from June 2011. The average MLS® residential price was $503,232, 12.0 per cent lower than a year ago.


For more information, please contact:

Cameron Muir Damian Stathonikos

Chief Economist Director of Communications and Public Affairs Direct: 604.742.2780 Direct: 604.742.2793 Mobile: 778.229.1884 Mobile: 778.990.1320 Email: Email:

BCREA represents 11 member real estate boards and their approximately 18,000 REALTORS® on all provincial issues, providing an extensive communications network, standard forms, economic research and analysis, government relations, applied practice courses and continuing professional education (cpe).

To demonstrate the profession's commitment to improving Quality of Life in BC communities, BCREA supports policies that help ensure economic vitality, provide housing opportunities, preserve the environment, protect property owners and build better communities with good schools and safe neighbourhoods.

For detailed statistical information, contact your local real estate board. MLS® is a cooperative marketing system used only by Canada's real estate boards to ensure maximum exposure of properties listed for sale.

Friday, July 13, 2012

Fantastic river front home on North Nechako

Spacious home on 1.09 acre river front lot overlooking the Nechako River with multi-level sundecks as well as many large windows throughout the home to take advantage to the incredible views over the river.  Click Here for more information.


Dean Birks

Tuesday, July 10, 2012

National price appreciation forecast to soften modestly for the remainder of the year

I just got this report and although it appears to be a tough road for those in the large centers of Canada the Prince George area is one of the best priced markets in Western Canada.

Here is a link to the Royal Lepage Home Price Survey post -