January 10th, 2023
As the province looks to increase supply in 2023 to meet housing and immigration targets, there are industry concerns that construction costs, high interest rates and government programs that no … [read more]
January 10th, 2023
Following October’s uptick, BC home sales cratered in November by 9.5% to reach a seasonally-adjusted 4,849 units. Actual sales fell 50% from a year ago. While this outsized decline partly … [read more]
Comments Off on Challenging Housing Market Conditions to Continue Through 2023’s First Half, as BC Home Sales Suffer Steep Slide
January 9th, 2023
Whether you plan to be in your home for just a few more months or many more years, there are plenty of efficient ways to maximize your space and increase … [read more]
Comments Off on Impactful & Straightforward Means of Boosting Home’s Value & Appeal
January 9th, 2023
When you’re looking for a new home, the absolute best asset to have is a real estate agent that you can trust. After all, this person will be helping you … [read more]
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January 9th, 2023
The Canadian real estate market saw its fair share of highs and lows in 2022. With the new year right around the corner, what can we anticipate in 2023? Lauren … [read more]
Comments Off on Will The Housing Market Bounce Back in 2023?
January 7th, 2023
As the temperatures drop and winter starts to settle in, it’s important to make sure your home is ready for the colder months ahead. Whether you’re a new homeowner, or … [read more]
Comments Off on Tips to Prepare & Repair Homes for Winter Temperatures
January 6th, 2023
In recent months, the world has re-energized, and hope has bloomed in ways that many had not experienced since before this decade began. In contrast, shifting economic and global conditions … [read more]
Comments Off on Elevated Escapes & Outlandish Elements Home Trends for 2023
January 6th, 2023
TORONTO — A new report says high interest rates will continue to hold back homebuyers into the new year except in Ontario and British Columbia. The report by RBC says … [read more]
Comments Off on BC Housing Headed for A Buyer’s Market
January 6th, 2023
SURREY, BC – In a year that saw prices peak early on, feeding off the momentum of record-breaking sales in 2021, the Fraser Valley real estate market came back down … [read more]
Comments Off on FVREB Housing Market Closed Out The Year in Balance
January 5th, 2023
There are countless factors that go into any consumer purchase. Factors like price, quality, and convenience are obvious, but others are less so. One factor that goes far under the … [read more]
Comments Off on The Psychology & Performance of Color in A Home
January 5th, 2023
After a positive increase in sales in October, Canadian home sales fell by 3.3% in November, according to the Canadian Real Estate Association (CREA). New listings are following suit, hitting … [read more]
Comments Off on Declining Home Sales, Listings Inventory Reach Record Low
January 5th, 2023
Commercial real estate in Metro Vancouver experienced a period of adjustment similar to that seen in the residential market this past year, according to a CBRE Vancouver Market Outlook, and … [read more]
Comments Off on Commercial Real Estate Has A Mixed Outlook Going Into 2023
January 4th, 2023
Experts advise giving at least 1% to 3% more than the asking price to win a bidding war in a competitive market. However, there may be less competition for today’s … [read more]
Comments Off on Strategies to Avoid Overpaying for A House
January 4th, 2023
Amid BC’s coldest housing market in years, where it now takes weeks for the average home to sell, the province has brought in a cooling-off period for home buyers. The … [read more]
Comments Off on BC Homebuyers Have 3 Business Day to Cancel A Sales Agreement
January 4th, 2023
After seeing record sales and prices during the pandemic, Metro Vancouver’s housing market experienced a year of caution in 2022 due to rising borrowing costs fueled by the Bank of … [read more]
Comments Off on REBGV Rising Inflation & Interest Rates Remain Pressures to Metro Vancouver’s Housing Market
December 30th, 2022
Instead of repeating New Year’s resolutions that you’ll never keep, this year try setting a few home improvement goals. You’re certainly aware of the typical “paint your front door” advice … [read more]
Comments Off on Basic To-Dos & Easy Fixes to Make Impact of Homes Into The New Year
December 30th, 2022
Mortgage Rate Outlook The relative calm in the mortgage markets contrasts with the unprecedented volatility in the bond market. From just the second half of October to early November, Canadian … [read more]
Comments Off on Mortgage Rate Forecast, Canadian Economic & Bank of Canada Outlook
December 30th, 2022
Month-Over-Month Before seasonal adjustment, the Teranet–National Bank National Composite House Price Index™ declined 1.3% from October to November, a larger decrease than the 0.8% decline observed last month. After seasonal … [read more]
Comments Off on Home Prices Down From Their Peak Across The Country
December 29th, 2022
Finding out exactly what your home is worth can be a tough pill to swallow. Your house is likely filled with priceless memories and before an appraiser nitpicks every last … [read more]
Comments Off on Common Factors That Affect Home Value
December 29th, 2022
You might be wondering what the assessed value of your home is, but what about the appraised value? Though you might think that these are the same, this isn’t the … [read more]
Comments Off on Understanding The Differences Between The Appraised & Assessed Home Value
December 29th, 2022
British Columbia home sales activity was cut in half year-over-year, reports the British Column Real Estate Association. A total of 4,512 residential unit sales were recorded in November 2022 – … [read more]
Comments Off on BC Home Prices Drop by 8.6% Y/Y
December 28th, 2022
It takes a lot to successfully sell a property. And by successfully, it doesn’t mean to sell it, but to sell it at a good price. That requires much work … [read more]
Comments Off on Simple Finishing Touches Before Listing Your Home
Comments Off on Changes to Meet High Costs, Interest Rates, Immigration & Housing Targets