It’s no secret the Vancouver real estate market has been known for its consistently increasing prices. In recent years, we’ve also been seeing huge year-over-year increases in sales of larger homes further from the downtown core, especially homes with great outdoor spaces. This has continued throughout the pandemic and doesn’t seem to be changing. Increased…
What happened in November 2021 in the Greater Vancouver housing Market? Sales up 11.9% from November 2020 New listings down 2.6% compared to November 2020 Total listings on the market down 35.7% compared to November 2020 Sales 33.6% above the 10 year average for November Detached Market Townhome Market Condo Market
Real Estate As An Investment Real Estate is one of the most timeless methods of investing in the world. There is a famous quote by Andrew Carnegie that comes to mind, “Ninety percent of all millionaires become so through owning real estate.” Real estate is a physical commodity that is limited in quantity, and a…
Being a first-time landlord can be challenging and confusing but we have created a list of 10 things to consider in order to help you run a stress-free rental business. Treat Your Rental Property Like a Business A rental property really is a business and it should be operated and cared for as such. It…
What happened in October 2021 in the Greater Vancouver housing Market? Sales down 5% from October 2020 New listings down 27% Total listings on the market down 35% compared to October 2020 Sales 22% above the 10 year average for September Detached Market Townhome Market Condo Market
Are you considering purchasing a PRESALE property but unsure if it’s the right choice for you? Here is a quick breakdown of the ways in which presale transactions typically differ from resale: 1. Home Selection In the preconstruction phase of any new build, the developer will open a sales centre that will give potential buyers…
5 Tips to Self Staging Have you ever walked into an open house and instantly felt like… “I could live here and can I keep the furniture please?”. Well, more often than not this is due to good staging. Staging creates an emotional connection between the buyer and the desire for them to want to…
First-Time Home Buyers Incentives Are you a first-time homebuyer? Here are some first-time homebuyers programs B.C. residents can take advantage of to make your first home purchase more affordable. Follow the links provided for more details. Government of Canada’s First-Time Home Buyer Incentive: The First-Time Home Buyer Incentive helps qualified first-time homebuyers reduce their monthly…
What happened in September 2021 in the Greater Vancouver housing Market? Sales down 13% from September 2020 Listings down 19% from September 2020 Sales 20% above the 10 year average for September Detached Market Townhome Market Condo Market
First Time Home Seller Series: Part 2: A few fixes for listings Ok so you want to sell your house and you have a light plan put together. You have decided you will prep the house over the next 3 weeks to make sure it is show-ready, as you think this will make you maximize…
A house is typically the biggest investment we own – and most people love to add our personal touches to the house to make it a home. However, when it comes to selling, we want to make sure those touches have added value, and not taken away from it. Here are the top 3 renovations…
In an active real estate market, buyers may encounter competition from other buyers interested in the same property. What makes your offer stand out can be the difference between having your offer accepted and walking away empty handed. Discussed below are three strategies that can be implemented together or independently to help you win. Strategy…
What do you do with your time? Do you ever find yourself wishing you had more time? Maybe, you’ve complained that there wasn’t enough time in a day? Any way you cut it each day consists of 24 hours That’s 1,440 minutes, or 86,400 seconds. How much of that time are you using effectively and…
Harold Samuel coined the phrase “location, location, location” as the three things that matter most when buying a property. Well, he’s not wrong. The fact that property is immobile is why Location is such an important criteria to consider when looking to purchase a property. Not only the location itself but all the externalities that…
What happened in July 2021 in the Greater Vancouver housing Market? 3,326 Sales – 13% Above the 10 year average for July 19% fewer listing – down 12% compared to the 10 year average for July Benchmark price 1,175,000 – up 13% compared to 2020 Detached Market Townhome Market Condo Market
First Time Home Seller Series: Part 1: Do we buy or sell first? When it comes to navigating the Vancouver real estate market there are many questions that come up. The question “do we buy first or sell first” when it comes making a plan to upsize, downsize or move laterally in the real estate…
What happened in June 2021 in the Greater Vancouver housing Market? 3,762 Sales – 18% Above the 10 year average for June Detached Market Townhome Market Condo Market
What happened in April 2021 in the Greater Vancouver housing Market?
What happened in March 2021 in the Greater Vancouver housing Market?
(FEATURING GUEST SPEAKER: RAY MACKLEM, MORTGAGE PROFESSIONAL) So you’re thinking about purchasing a home, you’ve thought about the perfect location and the perfect look but do you have your finances in order? I mean why not get to the fun stuff right away? Well, preparing your finances and getting pre-approved is a huge factor in…
What happened in January 2021 in the Greater Vancouver housing market?
What happened in 2020 in the Greater Vancouver housing market? – February 45% more sales than 2019 – April 40% fewer sales than previous year & prices were up 2.5% – May was the only month we saw a decrease in prices at 0.5% – June 17% more sales than 2019 & prices were up…
Mayor Kennedy Stewart pushed forward an amendment to increase Vancouver’s vacancy tax to 3.0% in 2021, triple what it was previously. He hopes that by increasing the tax rate it will push owners of empty homes to either rent them or sell them to feed the local demand. As many are aware the original motion…
What happened in October 2020 in the Greater Vancouver housing market? 2nd busiest month on record for The Real Estate Board of Greater Vancouver with 29% more sales this month compared to last year Only 1.5% more listings than last year Detached market pushing the numbers Benchmark price is up across the board The detached…