Surprisingly, the highest-priced property to sell last week wasn’t a single-family detached home. Although houses are still in demand across B.C., the most expensive was a three-bedroom, three-bathroom condo in the popular Yaletown neighbourhood in downtown Vancouver. The condo, which was built in 1995, stayed on the market for just over a week before selling for […]Read more "The highest- and lowest-priced homes sold in B.C.: January 12 to 18"
Last year, real estate pundits predicted that sales in 2019 would rebound after a soft 2018. And they were partially right, although it ended up happening too late in the year for the full-year total to be described as a recovery. So what are the various real estate industry organizations and brokerages predicting for B.C.’s […]Read more "Real Estate B.C. real estate outlook 2020: a forecast summary"
Victoria, Dec. 09, 2019 (GLOBE NEWSWIRE) — Many soon-to-be released property assessments will show a moderating market, with more modest changes in property values compared to previous years based on trends in the real estate market as of July 1, 2019. “We first saw signs of moderation during the 2019 property assessments,” says Assessor Tina […]Read more "2020 Property Assessments Will Reflect BC’s Moderating Real Estate Markets"
Monthly Market Update Click the links below to view the monthly market statistics for your area in an easy to understand infographic. Listings, sales and prices are summarized for condos, townhomes and single family homes for cities across B.C. Abbotsford Bowen Island Burnaby East Burnaby North Burnaby South Cloverdale Coquitlam Kelowna Ladner Langley Maple Ridge […]Read more "Monthly Market Update"
Understand your housing options, choose your priorities and select your homebuying professionals. Think long term when buying a home. What kind of home do you need now? What will you need in 5 to 10 years? Consider: the location and neighbourhood the size of the property and home the type of home — for example, detached, […]Read more "Find the Right Home"
Are you financially ready to own a home? Look into these 5 calculations and questions before you meet with your broker or lender. Compare how much you currently spend on expenses and debt payments with the amount you have saved or invested. How much can you afford to spend on housing each month without risking your financial health? […]Read more "Are You Financially Ready to Own a Home?"
Buying a home is a big decision. Ask yourself 5 questions before you decide if you’re ready to own a home. Am I financially stable? Do I have the financial management skills and discipline to handle this large a purchase? Am I ready and able to take responsibility for all the costs that come with being a […]Read more "Decide if Homeownership is Right for You"