December 7th, 2022
Greater Vancouver is likely to experience balanced market conditions that are expected to persist until the second quarter of 2023, with the “move-up and move-over buyers” leading demand in the … [read more]
December 6th, 2022
Vancouver, one of Canada’s top cities and one of the most picturesque cities in the world, is waiting for you in lovely British Columbia. This city will give your eyes … [read more]
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December 6th, 2022
For the first time in a year, Metro Vancouver’s office vacancy rate grew last quarter, with an increase of 30 basis points quarter-over-quarter to 6.6%, according to CBRE Canada’s third … [read more]
Comments Off on Numerous Large Blocks of Space & Subleases Result in Unsteady Office Vacancy Trends
December 6th, 2022
Since March, the Bank of Canada has raised interest rates six times, with the most recent hike in October. While rate increases were rumoured at the start of the year, … [read more]
Comments Off on How Home Prices Across Canada Have Changed Since The Peak?
December 5th, 2022
You’ve purchased your new home and are waiting for it to be built. During one of your meetings with the builder, you’re presented with the floor plan of your new … [read more]
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December 5th, 2022
To combat rising interest rates, especially if you are locked into a variable mortgage, some lenders allow you to prepay a set amount annually to decrease your principal owing. This … [read more]
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December 5th, 2022
SURREY, BC – With sales down almost 7% from October, and new listings off by more than 20%, the Fraser Valley housing market continues its slowing trend heading into the … [read more]
Comments Off on FVREB Sees 3rd Month of Declining Home Sales
December 3rd, 2022
The last paper is signed, the keys are in your hand, and you’re finally moving into your new home. Your head is probably filled with visions of fresh paint, furniture … [read more]
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December 2nd, 2022
Moving to a new place is both joy and stress. It is always scary to forget something, lose something in the process, scratch furniture or break your favorite cup. Therefore, … [read more]
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December 2nd, 2022
Whether you’ve found your dream home or you need to relocate quickly for a new job, being able to sell your home quickly can be a hassle–but it doesn’t have … [read more]
Comments Off on The Right Strategies & Steps for Positive Home Selling Experience
December 2nd, 2022
While typically a quiet month of market activity based on seasonal patterns, November home sale and listing totals lagged below the region’s long-term averages. The Real Estate Board of Greater … [read more]
Comments Off on REBGV Home Sale & Listing Activity Continue Trending Low
December 1st, 2022
It’s a reality for many families that your parents will need financial assistance as they age. With the rise of the “sandwich generation”—baby boomers who are sandwiched between taking care … [read more]
Comments Off on Home Renovation Financial Incentives for Again Parents
December 1st, 2022
Buying or selling a house is not a minor undertaking. There are many complex nuances when you choose the right real estate agent as a buyer, and having a good … [read more]
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December 1st, 2022
National home sales edged higher in October from a month earlier, according to the Canadian Real Estate Association (CREA), suggesting the downturn that started this spring may be coming to … [read more]
Comments Off on Canadian Housing Sales Edged Higher M/M, Home Price was 9.9% Lower Y/Y
November 30th, 2022
Selling a home is easy, but maximizing your profit is hard. The key to selling strategy in real estate is to invest in improvements that improve the property’s value for … [read more]
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November 30th, 2022
The rate of housing starts in BC slowed in the month of October with Vancouver seeing a slightly steeper downturn than the rest of the country. In BC, the seasonally … [read more]
Comments Off on Housing Starts Down 19% in Vancouver, Decline 15% in BC M/M
November 30th, 2022
Month-Over-Month Before seasonal adjustment, the Teranet–National Bank National Composite House Price IndexTM fell 0.8% from September to October, a smaller decline than the 3.1% drop last month. After seasonal adjustment, … [read more]
Comments Off on Teranet-National Bank HPI Another Price Decrease in October
November 29th, 2022
On the market for a condo? Homebuyers, especially in the hot Vancouver and Toronto real estate markets, are increasingly looking to high-rise living as an affordable housing option; with the … [read more]
Comments Off on Benefits of Buying an Older Condo
November 29th, 2022
Vancouver remains one of the most expensive cities to buy a house in Canada, but it has become slightly less unaffordable since prices hit their peak in June, according to … [read more]
Comments Off on Homebuyers Need $3150 Less in Annual Income in Order to Afford A Home in Vancouver
November 29th, 2022
The number of homes sold nationally climbed 1.3% from September to October 2022. This is the first month we’ve seen gains on a national level since February 2022. The number … [read more]
Comments Off on Canadian Housing Market Adjusted to Higher Cost of Borrowing
November 28th, 2022
Gaining sources of passive income is what lots of people are looking for. Without any doubt, purchasing real estate is one of the most reliable investment decisions. Just for reference, … [read more]
Comments Off on Positive & Negative Mindset Toward Investing in Real Estate
November 28th, 2022
If you’re an aspiring first-time home buyer in Toronto, we get it. It seems like everything from government intervention, rising home prices, and increasing mortgage rates are conspiring against your … [read more]
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Comments Off on A Balanced Market Led by “Move-Up & Move-Over Buyer” into Emerging 2023 Housing Trends