April 19th, 2022
The red-hot housing market cycle Metro Vancouver has experienced these past two years is winding down, but that doesn’t mean a significant market correction is on its way. Kevin Skipworth, … [read more]
April 18th, 2022
When it comes time to sell your home, you will want to find a buyer as quickly as possible. Leaving real estate on the market for an extended period of … [read more]
Comments Off on Simple Steps to Make Homeselling Process Easier
April 18th, 2022
Higher home prices, rising interest rates and economic uncertainties are prompting more homebuyers to hold off on jumping into the market now than during the most uncertain times of the … [read more]
Comments Off on Canada’s Youngest are Putting Home Purchase Plans on Hold
April 18th, 2022
Canada’s local real estate markets appear to be heading in different directions compared to one another. In a recent RBC Economics Focus on Canada Housing piece, RBC’s assistant chief economist, … [read more]
Comments Off on Housing Market Trends are Starting in A Different Direction
April 16th, 2022
Are you getting ready to rent out a commercial property? The time to do so is now before the summer comes. When it does, you need to have a property … [read more]
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April 13th, 2022
Buying a home can be equal parts excitement and anxiety, whether you’re a first-time buyer or veteran homeowner, but you don’t have to go it alone. To help you navigate … [read more]
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April 13th, 2022
The Bank of Canada is scheduled to make its next rate announcement in a couple of weeks, and one bank is predicting that this will be the start of two … [read more]
Comments Off on Rate Hikes in Updated Forecast – Target Range Terminus at 2.75% to 3% by Mid-Next Year
April 13th, 2022
Vancouver, BC – April 12, 2022. The British Columbia Real Estate Association (BCREA) reports that a total of 11,463 residential unit sales were recorded by the Multiple Listing Service® (MLS®) … [read more]
Comments Off on BCREA Home Sales Continue to Moderate from Record Highs
April 13th, 2022
Home buyers looking in the Fraser Valley had a little more selection to choose from in March as the supply of properties hitting the market increased for the third month … [read more]
Comments Off on A Notable 41.4% M/M Increase in FVREB Residential & Commercial Sales
April 12th, 2022
Housing affordability in Canada has reached “worrisome levels,” as soaring prices and tighter market conditions continue to persist across the country. Robert Hogue, a senior economist with RBC Economics, said … [read more]
Comments Off on Housing Affordability Hits Worst Level in 3 Decades
April 12th, 2022
Three key policy areas could stabilize the country’s housing market over the next five years, according to a new report. While property price growth could see less extremes thanks to … [read more]
Comments Off on The Key Policy Changes Could Create Stable but Expensive Housing Market into 2027
April 12th, 2022
Greater Vancouver home prices continued to soar in March, according to Real Estate Board of Greater Vancouver (REBGV) data released today. The region’s benchmark home price rose to $1,360,500 in … [read more]
Comments Off on Greater Vancouver Home Prices Up 3.6% M/M, Increase 20.7% Y/Y
April 11th, 2022
Generally, to invest money, you have to have money in the first place. It can be your own money or you can find funding elsewhere, but you aren’t going to … [read more]
Comments Off on You May Have More Money Than You Think to Invest in Real Estate
April 11th, 2022
This way, project delays, poor profitability, and lack of competent human resources happen. The construction industry together with economic and social infrastructure has been transformed significantly since 2020. The key … [read more]
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April 11th, 2022
The number of homes bought and sold during March in Metro Vancouver is down from last year, but the spring market is still seeing steady demand from buyers. According to … [read more]
Comments Off on Spring Housing Market : Home Sales Up 26.9 M/M, Lack of Supply is Driving Upward Pressure on Home Price
April 9th, 2022
You should always make your home look its best before an open house. If the paint is old, chipping away or looks dull, repaint the exterior of your house. Adding … [read more]
Comments Off on Painting with Purpose – One Step Closer to Selling The Home
April 8th, 2022
Real estate is perhaps one of the most promising businesses to put your money in, especially if you’re just starting out. And this is especially true if you’re looking at … [read more]
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April 8th, 2022
Do you want to increase your odds of getting an offer accepted on a home? If you are trying to buy a home in a seller’s market, offering the asking … [read more]
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April 8th, 2022
For the past two years our news channels have been dominated by the pandemic and health emergencies throughout the country. This unprecedented event caused a ripple effect across many socio … [read more]
Comments Off on A 2-Year Pandemic Effect on Canadian Real Estate Prices
April 7th, 2022
Owning property is an effective way to build wealth, especially if you make them rentals. However, that doesn’t mean there’s never anything to worry about if you’re a property owner. … [read more]
Comments Off on Improve The Property Management in 2022
April 7th, 2022
With the Bank of Canada having recently moved its target for the overnight rate to 0.5%, more interest rate hikes are expected this year. One economist is warning that this … [read more]
Comments Off on The Surge in Interest Rate Expectations is A Key Risk to Housing Market
April 7th, 2022
Over the past year, the average value of BC’s largest real estate deals has spiked after experiencing two consecutive years at the lowest levels in at least five years, according … [read more]
Comments Off on BC Average Deal Value Grew 43.9% in 2021 After Steep Drop in 2019
Comments Off on Price Exhaustion, Dwindling Supply Could Contribute to Cooling Market