Real Estate Market Snapshot: February 2019

Posted on Mar 07, 2019



Earlier this week, the Real Estate Board of Greater Vancouver (REBGV) released the market stats for February 2019 and reported that the housing market conditions continue to favour homebuyers.

Residential home sales in the region totalled 1,484 in February 2019, a 32.8% decrease from the 2,207 sales recorded in February 2018, and a 34.5% increase fr...

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Real Estate Market Update

Posted on Feb 14, 2019

 
A couple of weeks ago, The Real Estate Board of Greater Vancouver reported that home listings have increased, but buyers remain in a holding pattern. 

In other words, buyers and sellers are in a staring contest, waiting for the other party to blink. In the meantime, home listings are increasing, home prices remain relatively stable, and there is mor...

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Beware, the Speculation and Vacancy Tax is here

Posted on Jan 21, 2019

 

Now that the title grabbed your attention I want to remind you that all homeowners in B.C.’s largest urban centres (which include municipalities within Metro Vancouver) will need to apply for exemptions from the province’s new speculation tax or they will need to pay the tax, regardless if they are speculators or not.

Yes, you read correctly: if ho...

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Making a Plan for 2019

Posted on Jan 16, 2019

 



“Cherish your visions. Cherish your ideals. Cherish the music that stirs in your heart, the beauty that forms in your mind, the loveliness that drapes your purest thoughts, for out of them will grow all delightful conditions, all heavenly environment, of these, if you but remain true to them your world will at last be built.” 

                                                                                                                                             James Allen


2019 is s...

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The Year in Review: 2018

Posted on Dec 11, 2018



The central theme of 2018 was disruption and transformation.



After years of being the hottest market in Canada, the Lower Mainland is finally transitioning towards a balanced or even a buyer’s market.


During 2018, a variety of external pressures were put on the market. From the financial side, the stress test has had the most significant impact on t...

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Get your Home Ready for Winter

Posted on Nov 23, 2018

(November 23, 2018 )   
 

 This year, you may have felt that it’s been unseasonably warm this fall. And you are not wrong.

Environment Canada is expecting a “milder than normal” winter this year, thanks to El Niño, the weather pattern characterized by a warming in the Pacific Ocean, which can influence weather around the world and result in higher temp...

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