Preparing Your Property For Winter

While decorating your home for the holidays can be a fun, family affair, prepping your home in practical ways for the impending colder weather is a necessity you don’t want to skip. Follow these 7 steps to get your home winter-ready! Clean Your Gutters  Prevent roof damage by cleaning your gutters before the first snowfall. […]

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Canadian Housing Markets See Home Sales Declines Soften

While it may have been the sixth consecutive month-over-month decline for Canadian housing activity, August’s home sales only dipped 1% from July—the smallest decrease seen during this slowdown period. “Along with a stabilization of demand/supply conditions in many markets, [it] could be an early sign that this year’s sharp adjustment in housing markets across Canada […]

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BC Home Sales Continue to Slow

Vancouver, BC – August 11, 2022. The British Columbia Real Estate Association (BCREA) reports that a total of 5,572 residential unit sales were recorded by the Multiple Listing Service® (MLS®) in July 2022, a decrease of 42.4 per cent from July 2021. The average MLS® residential price in BC was $923,449, a 3.6 per cent increase from […]

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Vancouver’s Housing Market Embraces Change, Prepares for Fall Rebound

Over the last three to four months, Vancouver’s real estate market has experienced a dramatic cooldown.  Of course, this market correction comes after a well-documented and record-breaking two-and-a-half-year run that saw home sales and price growth across the Lower Mainland reach unprecedented heights between March 2020 and the first quarter of 2022. According to Kevin […]

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Here’s how much you’d need to earn per year to buy an average home in Vancouver

It’s no surprise to most would-be homeowners: anyone looking to buy a home in two major British Columbia cities must have a six-figure income. A just-published report from mortgage rate comparison site suggests those hoping to buy an average home in Vancouver need to earn about $231,950 to meet the requirements to obtain a mortgage. That […]

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Vancouver’s housing market has entered a ‘new cycle.’ Here’s what that means.

Vancouver’s housing market has, according to the local real estate board, entered a “new cycle marked by quieter home buyer demand.” In its monthly report, the Real Estate Board of Greater Vancouver said it’s seeing a slower demand, coupled with a gradual rising in supply. The report released Wednesday says 1,887 residential homes sold last […]

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