Alan Vlemmiks

The national average home price was down in March from where it stood last year. But home prices are not declining. Confused?

Average prices are affected by changes in the mix of sales, so year-over-year price comparisons can be like looking in a funhouse mirror: distorted.

To illustrate: line up a class of kids by height, calculate the avera ...

Fancy a des res in Delhi or a mansion in Moscow? – and you thought Vancouver was bad

They may not be the first places you think of when you consider a holiday home location, but perhaps you should take a closer look. Because property prices in India and Russia have risen faster than anywhere else in the world, according to new research from Lloyds TSB.

It says that house prices in India hav ...

I am sometimes tempted to roll my eyes when I hear people talk about how much a home is worth based upon statistical data such as price per square foot or assessed property values. Sellers, Buyers and realtors alike, we are all guilty of using this data as a true indication of what a home is worth.

Yes it is a good starting point when assessing the value of your home, but that is all. Let me ...

If you plan to sell your home this year you should not be too hasty in believing that  the recent increase in your property assessed value will mean a  higher listing price. The raise  may well filter through in the longer term but not in the short term. What the increase will do though is give potential buyers more confidence that the home they are buying may be worth the asking price. Sales ...