When it comes to buying and selling homes, most contracts include a contingency that will allow buyers to back out or re-negotiate the sale based on issues found during a home inspection. Selling a home can be stressful, to feel confident in the sale of your home check out these common home issues before listing. […]Read more "Top Issues Found During Home Inspections"
A federal housing agency hopes to see every Canadian with an affordable home by 2030 with a plan that lays out a path of experimentation to make it happen. The Canada Mortgage and Housing Corporation says today that meeting that 2030 target will take help from governments and the economy — hence the aspirational nature of the […]Read more "CMHC sets target to make housing affordable for every Canadian by 2030"
Purchasing your home can be one of the most exciting and important investments you ever make. As with all investments, receiving professional advice from properly credentialed people is key to protecting that investment. A home inspection is a non-invasive examination of the condition of the key systems of a residential property, from the basement to […]Read more "Protecting Yourself for Spring Home Inspection in BC"
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"