Condo sales are at an all time high in the Fraser Valley and the Lower Mainland, before you set your sights on the condo unit and complex you think are right for you (and likely enter into competition), read this guide to help you find your perfect home. Hire a professional Realtor® to represent […]
Read more "15 INSIDER TIPS TO BUYING A CONDO"
In all the excitement and packing, buying & selling, many people forget to take care of some essential items before they move. Don’t look past these 5 things you need to take care of, or it could cost you $$$.
Read more "5 THINGS TO DO WHEN YOU MOVE"
Consumers increasingly less willing to pay for higher-priced units in new developments, says Altus Group Sales of new-build homes across Metro Vancouver fell by 19 per cent in 2018, according to a report by real estate data company Altus Group issued January 9. This is a further drop after new home sales fell in the […]
Read more "Metro Vancouver new home sales down 19% in 2018 – and will fall more: report"
For strata units, virtually every municipality saw overall property values higher than a year ago, including Vancouver and West Vancouver, which saw the most modest total-value increases in the Lower Mainland, both up six per cent overall. Property assessment notices, which will be filling mailboxes around the province starting this week, are a good […]
Read more "Not happy with your property assessment? Here’s how to appeal it"
Running under a full head of steam for the past three years, Metro Vancouver’s commercial real estate sector hit a speed bump late in 2018, but it wasn’t enough to derail the hottest market in Canada this year, analysts say. In the third quarter of last year, sales of commercial real estate properties dropped nearly […]
Read more "‘Historic’ Metro Vancouver commercial real estate market needs financing fuel"
Premier John Horgan and Sheila Malcolmson say speculation and vacancy tax addresses homelessness. The speculation tax is intended to address housing affordability and not hamper the real estate market, say the B.C. NDP. Nanaimo byelection candidate Sheila Malcolmson and B.C. Premier John Horgan spoke at a provincial NDP council meeting in Nanaimo (on Vancouver […]
Read more "Want to avoid the speculation tax on your vacant home? Rent it out, Horgan says"
A drop by up to 10 per cent on the estimated value of some homes in Metro Vancouver reflects a broad softening in a once hot market that is being affected by wider economic shifts, say two experts. “It’s been a long time since we’ve had declining assessments,” said Tsur Somerville, an associate professor at […]
Read more "B.C. housing market showing signs of moderation: Assessment agency"
After a screeching halt sometimes comes a crash. This was the year when Canada’s housing market hit the brakes. So what will happen in 2019? Predicting housing prices is famously difficult. And forecasting housing meltdowns like the one that nearly brought down the global financial system in 2008 may be downright impossible. For now, though, […]
Read more "Here’s what to expect from the Canadian housing market in 2019"
Tighter mortgage rules and higher interest rates have dented buying power, but health of the economy backs higher demand. The British Columbia Real Estate Association estimates that economic growth will remain strong enough to support a boost in sales next year after a substantial decline in 2018, according to its latest forecast. When the dust […]
Read more "Real estate forecast anticipates 2019 sales to edge up after 2018’s fall"