May 15th, 2024
Vancouver, BC – May 15, 2024. The British Columbia Real Estate Association (BCREA) reports that 7,569 residential unit sales were recorded in Multiple Listing Service® (MLS®) systems in April 2024, … [read more]
May 14th, 2024
With a growing awareness of how their choices can impact the planet, homeowners are more actively seeking sustainable choices when designing, decorating and furnishing their homes, but does opting for … [read more]
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May 14th, 2024
Homeowners due to renew their mortgage over the coming years will face steep jumps in payments, according to the Bank of Canada, with median monthly payment increasing by more than … [read more]
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May 14th, 2024
According to Statistics Canada (StatCan), the country saw a notable drop in building permits month over month, with the total value of building permits in Canada decreasing 11.7% to $10.5B … [read more]
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May 13th, 2024
Moving across town? Moving across a state? Which move is considered a “local move?” This is a common topic of confusion. For most states, local moves are considered moves within … [read more]
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May 13th, 2024
Despite the $3,000 rent on his two-bedroom condo, Zakary Wexler has a plan. The 29-year-old financial advisor with WEALTHinsurance.com in Vaughan, Ont. and his wife are setting aside several hundred … [read more]
Comments Off on High Rents & Stagnant Income Make Planning for A Home Purchase More Challenging
May 13th, 2024
“Stronger realtor and prospect engagement in the Spring market has led to increased presale activity in April. Notably, these projects are concentrated in the townhome and wood frame product types, … [read more]
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May 11th, 2024
Summertime is just around the corner! Whether you’re planning backyard barbecues, lounging in the sun or staying cool indoors, a little proactive summer home preparation can go a long way … [read more]
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May 8th, 2024
Navigating the Canadian real estate market as an international buyer from Hong Kong or any other corner of the world can seem daunting, but securing competitive deals is entirely feasible … [read more]
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May 8th, 2024
Spring brings heightened buyer demand and also historically ushers in a surge of new listings as sellers take advantage of the season’s increase in activity. New listings typically reach their … [read more]
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May 8th, 2024
The Greater Vancouver real estate market is currently hitting levels that we have not seen since the COVID-19 boom — at least by one metric. According to statistics published on … [read more]
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May 7th, 2024
The birds are chirping, the days are getting longer and the unmistakable breeze of spring is whispering a familiar message—it’s time to prepare for summer. For homeowners and DIY enthusiasts, … [read more]
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May 7th, 2024
The housing market is taking an early turn, cooling swiftly in the month of April. The month of April usually marks the middle of the busy spring selling season so … [read more]
Comments Off on Inventory is Still Tight for Entry Level Houses and Townhouses
May 7th, 2024
Canada’s economy will be in the shitter, but at least the cost of shelter will rise, eh. That’s the takeaway in the latest housing forecast from the CMHC, Canada’s national … [read more]
Comments Off on CMHC Forecast Existing Home Prices will Surge 20% Higher, Economy Slow Growth Ahead
May 6th, 2024
The Bank of Canada (BOC) announced its Summary of Governing Council deliberations, to provide explanation and background to its April 10th, 2024 rate announcement. Key housing and shelter-related discussions and … [read more]
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May 6th, 2024
Last fall, a relatively unique occurrence took place: some of the biggest real estate developers in Metro Vancouver all decided to launch presales on some of their biggest ongoing projects … [read more]
Comments Off on BC Spring Housing Market Forecast in Big Wave of High-Profile Projects Launches
May 6th, 2024
SURREY, BC – Supply of available homes in the Fraser Valley market continued to build last month, however buyers remained relatively hesitant, leading to a cooler resale market in April. … [read more]
Comments Off on FVREB Housing Market Takes Modest Increase in Home Sales, Inventory Continues to Build
May 4th, 2024
Spring is here, and as the weather warms up and flowers start to bloom, people tend to get into the spring cleaning mood, planning to declutter and organize for the … [read more]
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May 3rd, 2024
For years, all-white kitchens have been the overwhelming favorite among homeowners, but in 2024, color is coming back in a big way to the heart of the home. The trend … [read more]
Comments Off on The Most Common Kitchen Color Trends in 2024 & Design Tips to Keep Resale in Mind
May 3rd, 2024
In today’s bustling real estate market, ensuring your home outshines the competition is crucial to cinching a quick and profitable sale. These home selling strategies, along with the guidance of … [read more]
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May 3rd, 2024
Actively listed homes for sale on the MLS® in Metro Vancouver continued climbing in April, up 42% year-over-year, breaching the 12,000 mark, a number not seen in the region since … [read more]
Comments Off on GVR Seeing A Steady Climb in Inventory, Sales Increase 3.3% Y/Y, Prices Up 1%-2% M/M
May 2nd, 2024
In today’s fast-paced world, finding moments of tranquillity and relaxation is more important than ever. And what better place to unwind than your bathroom? Transforming your bathroom into a spa-like … [read more]
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Comments Off on BCREA Average Residential Price Up 4.5% Y/Y, Housing Market is Heading Into The Summer with More Choice for Buyers