With housing deceleration nationwide becoming especially apparent in January, observers warned that the strict lending rules introduced last year might have had a more drastic impact than anticipated. “The decline … [read more]
Cooling prices, smart tech and the suburbs are in the cards for Canada. After a roller-coaster market, 2019 is pressing the reset button on housing and starting fresh. That’s the … [read more]
A new report further affirms Metro Vancouver’s luxury housing market’s recent transition into a buyers’ market. According to Royal LePage, the median price of a luxury house in the region … [read more]
The downward trajectory of Metro Vancouver’s housing prices will continue through 2019, before stabilizing in 2020 and seeing real growth in 2021. These are the projections according to Reuters’ recent … [read more]
The Metro Vancouver housing market saw increased supply from home sellers and below average demand from home buyers in February. The Real Estate Board of Greater Vancouver (REBGV) reports that … [read more]
Are you thinking about selling your home? Do you want to learn about some low cost improvements to make before putting your home on the market? If you are contemplating … [read more]
Vancouver’s housing market has been undergoing a well-publicized correction, and that’s expected to keep taking a bite out of condo developers’ bottom lines in 2019, suggests industry observer Urban Analytics. … [read more]
Spring cleaning can feel daunting to tackle, but you know it’s worth it. Sure, you’ll spend a few days working hard to clear out the last year’s dust, clutter and … [read more]
The digital age has changed every industry, and real estate is no exception. The internet is now the first step the homebuyer takes in the buying process, and social media … [read more]
It’s been a year since federal policymakers brought in more stringent mortgage rules, and the BC housing market is still feeling the impact, according to the provincial real estate association. … [read more]
Comments Off on Many BC Regions are Now Exhibiting Buyer’s Market Conditions While Northern & Island Markets Continue to Reflect Balance Between Supply & Demand
These days, everyone is looking to save money wherever they can. However, if you look around your house, it’s likely that there are home maintenance tasks that you’ve been putting … [read more]
Moving into a new home is simultaneously one of the most exciting and stressful times in one’s life. Coping with this major life change is hard enough without worrying about … [read more]
I will be hosting an Open House on Sunday March 3rd 2-4 pm at 1605 Augusta Ave Burnaby. This is an opportunity to visit this well-designed 1424 sqft a 2 … [read more]
The unexpectedly weak Canadian housing market is one factor making it likely Bank of Canada Governor Stephen Poloz will take a less aggressive approach to interest rates this year, notes … [read more]
Property sales on a national level increased in Canada in January 2019 month on month but they remained below levels recorded one year ago, the latest index shows. Overall sales … [read more]
Spotty credit card payments might not seem like a big deal when you’re first starting out, but that banking boomerang will hit you hard when it comes back around during … [read more]
Metro Vancouver’s luxury detached homes will see a further median price decline of 7.1% over the next year, according to a forecast issued February 21 by Royal LePage. The national … [read more]
OTTAWA – The Canadian Real Estate Association says last month was the weakest January for residential sales since 2015, with the number of transactions down 4% nationally from last year. … [read more]
Higher interest rates and new lending rules have curbed Canadians’ appetite for taking on mortgage debt, a new report suggests. According to credit-rating agency TransUnion Canada, the number of mortgages … [read more]
Amid intensified construction activity, Vancouver’s industrial real estate market is steadily magnetizing foreign investors, a trend that might pose a major challenge for the domestic buyer segment. Numbers from Colliers … [read more]
Real estate marketing can be tough. There’s a wide field to cover, and lots of competitors out there. But there are a number of excellent methods for standing out from … [read more]
If you want your home to be sold as fast as possible, prepare to do some little extra work. Do everything you can to get your house in exceptional shape. … [read more]
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Comments Off on Housing Less Sales, Lower Prices are Becoming the New Normal