August 14th, 2024
“Migration Nation” is the aptly named title of Sotheby’s International Realty Canada 2024 Mid-Year Top Tier Report, released early this morning. This bi-annual report, which covers luxury home sales and … [read more]
August 14th, 2024
According to Edge Realty Analytics’ July Metro Deep Dive, Vancouver’s real estate market is exhibiting mixed trends, as home sales rise, but levels of inventory are building up. Home Sales … [read more]
Comments Off on Vancouver Housing Market Update : Home Sales Rising by 1.2% M/M, Surge in Construction Activity
August 13th, 2024
During the early months of the COVID-19 pandemic, the Canadian workforce showcased its adaptability, with a significant portion embracing remote work as the new standard. According to Stats Canada, the … [read more]
Comments Off on How WFH Impact on Canadian Real Estate?
August 13th, 2024
On the heels of a second consecutive quarter-point interest rate cut from the Bank of Canada, Governing Council warned that cuts alone aren’t going to be a saving grace for … [read more]
Comments Off on Bank of Canada Rate Cuts Not The Remedy to Housing Imbalance
August 13th, 2024
According to commercial real estate brokerage JLL, office market activity in Metro Vancouver in Q2 2024 was “relatively muted,” with “limited leasing activity” and “lack of deal velocity.” The second … [read more]
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August 12th, 2024
When you’re buying a house, things move fast. But one thing you shouldn’t skimp on is the home inspection. Bluntly put, never remove your subject to inspection when making an … [read more]
Comments Off on The Ultimate Home Inspection Checklist – The Findings Matter
August 12th, 2024
In the first year of the pandemic, the number of first-time homebuyers in Vancouver increased by 51% over a two-year period, driven by the ultralow interest rate. There were 1,530 … [read more]
Comments Off on Policies Haven’t Worked to Help First-Time Buyers on The Property Ladder
August 12th, 2024
The latest Royal LePage House Price Survey has been released, providing essential insights and details about the current state of the Canadian housing market. The report is useful for real … [read more]
Comments Off on The Canadian Housing Market Continues to Experience A Catch-Up Period, Influenced by Economic
August 10th, 2024
Going green is easier than you think! Small changes around your home can make a big impact on the environment, your health and your bank account. Try implementing these affordable … [read more]
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August 7th, 2024
So you’ve decided to make the move and downsize to a smaller house. Downsizing is exciting, but it can also be a major transition, both physically and mentally. You’ll need … [read more]
Comments Off on Simple Tips to Help Prepare, Move & Downsize, Maximize New Space Potential
August 7th, 2024
On Wednesday, the Bank of Canada cut its benchmark interest rate by 25 basis points for the second time this year, bringing it down to 4.5%, its lowest since April … [read more]
Comments Off on Bank of Canada’s Rate Cut Offers New Optimism But It’s Not Enough to Help Homebuyers
August 7th, 2024
SURREY, BC – Sluggish seasonally-adjusted sales and a continued rise in inventory has the Fraser Valley market slowly shifting to favour buyers. The Fraser Valley Real Estate Board recorded 1,230 … [read more]
Comments Off on Fraser Valley Sluggish Home Sales Down by 7% M/M, Overall Market Conditions are Balanced
August 6th, 2024
The path to homeownership in Canada’s most expensive province is often a long and winding road. With the average B.C. home price sitting over $1,000,000, first-time homebuyers in British Columbia … [read more]
Comments Off on BC Incentive Programs for First-Time Homebuyers
August 6th, 2024
According to a report published last week by real estate sales and marketing firm MLA Canada, Metro Vancouver just saw “the largest release of inventory since mid-2022” in Q2, which … [read more]
Comments Off on The Presales Market Has Been Slow Despite The Surge in Inventory
August 6th, 2024
The real estate market in BC experienced mixed signals in Q2 2024, according to an Edge Realty Analytics report. Sales There was a modest quarter-over-quarter increase of 1.2%, indicating some … [read more]
Comments Off on BC Housing Market Q2 Overview : Inventory, Construction, Rentals & Economic
August 3rd, 2024
Whether you’re hosting a summer barbecue, lounging with a book, or simply enjoying the outdoors, having ample shade in your backyard can completely transform your experience. Here are 5 creative … [read more]
Comments Off on Practical Ways to Create Ample Shade in The Backyard
August 2nd, 2024
It’s no surprise that owning a home is a significant investment, so proper maintenance is crucial to ensure it keeps you happy and sheltered. But with the bustle of our … [read more]
Comments Off on Planning & Saving Money for Home Upkeep is an Essential Part of Home Ownership
August 2nd, 2024
Today the Bank of Canada lowered its overnight lending rate for the second time this year, bringing the rate down by 25 basis points to 4.5%. Many economists anticipated the … [read more]
Comments Off on What’s Happening with Mortgage Rates? How Many Rate Cuts Coming This Year?
August 2nd, 2024
Newly listed properties registered on the Multiple Listing Service® (MLS®) rose nearly 20% year over year in July, helping to sustain a healthy level of inventory in the Metro Vancouver1 … [read more]
Comments Off on REBGV Softening Home Prices with A Healthy Level of Inventory
August 1st, 2024
As a design-savvy house hunter, you may already have a good idea of what you like, and what to include on your wish list. Do you need an interior designer … [read more]
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August 1st, 2024
When looking to move into a condo building, once you look at the rooms, monthly fees, and location, consider whether you want to live in a high-rise building or a … [read more]
Comments Off on High Rise vs. Lowrise : The Pros & Cons and Lifestyle
August 1st, 2024
In major Canadian real estate markets like Toronto, Vancouver, and the Fraser Valley, inventory levels are surging. It appears that last month’s interest rate cut was enough (or not enough … [read more]
Comments Off on The Real Home Buyers Aren’t Truly Exist for A Buyers’ Market
Comments Off on “Migration Nation” is Reshaping Canada’s Luxury Home Markets