Vancouver, BC – July 14, 2020. The British Columbia Real Estate Association (BCREA) reports that a total of 8,166 residential unit sales were recorded by the Multiple Listing Service® (MLS®) … [read more]
If you’ve been dreaming about buying a home, you’ve almost certainly been taking a close look at your finances. If your student debt is an obstacle to your home purchase, … [read more]
Industry experts in the commercial and residential real estate sectors say they believe both markets have already bottomed-out and that they’re now on the mend, and likely to grow over … [read more]
What happened : BC home sales for the month of June rose 17% year-over-year, according to a new report from the British Columbia Real Estate Association (BCREA). Why it matters … [read more]
Water damage is one of the major concerns of homeowners and potential homebuyers. Such a problem is common in properties that have basements. As you probably already know, the basement … [read more]
The value of residential land in the Lower Mainland is increasing much faster than the price of the strata homes the land is being bought for, recent sales suggest. The … [read more]
The BC housing market responded enthusiastically to the province’s improving COVID-19 situation in June, with home sales in the Vancouver region bouncing back after two and a half precarious months … [read more]
The cost of real estate can be called one of the most pressing topics of concern to residents in the world. Apartment prices are regularly discussed both by professional participants … [read more]
COVID-19 has “thrown sand in the gears” of Canadian population growth and the country’s housing market will be feeling the effects for several years to come. TD Economist Rishi Sondhi … [read more]
What happened : Housing starts show little change in activity month to month. Why it matters : BC appears to be an outlier compared with national numbers. Housing starts in … [read more]
Housing sales across northern BC were down 30% through the first half of this year compared to 2019 – at one point hitting a 32-year-low – but the average price … [read more]
Being the first person to own a newly-built home can be a source of immense pride and enjoyment. Having the chance to build a house to your exact specifications gives … [read more]
Strong June home sales data from Toronto and Vancouver finally gave wary homebuyers and industry professionals the dose of good news that they’d sorely needed. Toronto home sales last month … [read more]
Homeowners are placing more emphasis on their backyard appeal this summer, according to a study of Google Trends data by home décor retailer Living Spaces. The data shows that homeowners … [read more]
With many of us confined to staying at home during the current global pandemic, now could be the ideal time to embark on a DIY home design overhaul. Of course, … [read more]
The real estate market is considered to be the safest thing to invest in. Usually, the higher the stakes the higher the risk as well. This transfers really well into … [read more]
I will be hosting an Open House on Saturday July 11th 2-4 pm at 1593 Augusta Ave Burnaby. This is an opportunity to visit this 1625 sqft, a 3 bdrm … [read more]
BC’s real estate market is showing extraordinary resilience in extraordinary times, with wild increases in sales across the province. “The Fraser Valley continues to be a magnet for families because … [read more]
The virus has thrown up a lot of financial roadblocks for people that were making serious progress towards buying a home this year. Make no mistake about it, your credit … [read more]
Canadian mortgage rates are in a virtual free fall, dropping to record-setting lows with discount brokers now offering one- to five-year variable rates in the 1.64% to 1.68% range. But … [read more]
After an encouraging first half of the month, signals that Vancouver’s housing market is recovering from the worst effects of the pandemic shutdown continued for the remaining weeks of June. … [read more]
Investors are constantly flooded with advice about how to invest in real estate. The vast amount of that advice is about what you should be doing. Very little is about … [read more]
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