July 15th, 2020
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]
July 15th, 2020
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]
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July 15th, 2020
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]
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July 14th, 2020
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]
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July 14th, 2020
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]
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July 14th, 2020
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]
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July 13th, 2020
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]
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July 13th, 2020
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]
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July 13th, 2020
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]
Comments Off on Pent-Up Demand to Fuel Strong Home Sales Activity with Both Buyers & Sellers Returning to The Market
July 12th, 2020
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]
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July 11th, 2020
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]
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July 10th, 2020
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]
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July 10th, 2020
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]
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July 10th, 2020
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]
Comments Off on BC Homebuyers Pulling The Trigger in Housing Markets, with Wild Increases in Sales Across The Province
July 9th, 2020
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]
Comments Off on Credit Score Myths Toward Getting A Mortgage During COVID-19
July 9th, 2020
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]
Comments Off on Five-Year Fixed-Rates as Low as 1.9%, but Near-Free Money Arrives as Mortgage Debt & Deferrals Soar
July 9th, 2020
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]
Comments Off on REBGV Home Sales Up 17.6%, Home Price Index Recorded a 3.5% Increase Y/Y
July 8th, 2020
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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July 8th, 2020
A pandemic panic may be settling into Metro Vancouver’s once robust condominium market, at least for the short-term. Presales of new condo units are down 50% and new product launches … [read more]
Comments Off on New Condo Sales Volumes Remain Low & Buyers Need Additional Time to Adapt to The New Reality
July 8th, 2020
Metro Vancouver home sales soared in June in comparison to May, and to June 2019, but remain far below the historical average for the month, according to data released July … [read more]
Comments Off on Metro Vancouver Home Sales Up Significantly M/M & Y/Y, but Remain Below The 10-Year Average
July 7th, 2020
Purchasing your first investment property is a huge step for any investor. Here are things to know about buying your first investment property. Owning an investment property is a great … [read more]
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July 7th, 2020
Home is where the heart is shelter-at-home order is. As a result, it’s sparked a significant re-evaluation of how we look at our space—what we need from it, what we … [read more]
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