Over the last year, the market conditions in the Greater Vancouver area have been stable and we have seen a balance between supply and demand.
Vancouver Real Estate News
What’s New in Vancouver & Richmond Real Estate: Jay’s February 2014 Report
Vancouver was again named the Most Livable City in North America; remains a magnet for in country and offshore immigration and second home buyers
Greater Vancouver Housing Market: Steady Pace Continues in January
January results for the Greater Vancouver real estate market were better than the ten-year average. Read the full market report.
Vancouver Housing Market in 2013: Modest Home Sales and Price Increases
The Metro Vancouver housing market maintained a consistent balance between demand and supply throughout 2013. See our infographic for more info.
10 Major Mortgage Mistakes to Avoid
Taking on a mortgage? Then you should check these 10 tips that will save you a lot of time and money which you can enjoy in your new home.
Vancouver Housing Market Trends: Balanced and Consistent in November 2013
For almost the whole of 2013, balanced conditions prevailed in the Vancouver housing market. Current home sales and listing activities were balanced, and market conditions were favourable both for buyers and sellers.
The Vancouver Housing Market Stays in Good Shape in October
Read the full article with our exclusive infographic for the most comprehensible Vancouver real estate housing market report for October 2013.
Retiring? Should You Rent or Buy?
People approaching retirement who plan to move to a new home have to make a difficult decision — should they rent or buy? Many Canadian retirees are accustomed to owning a home and consider it the only solution. A 2012 study conducted by BMO informed that more than half of Canadian homeowners expect they’ll have a mortgage in retirement.
Vancouver Housing Market Remains Strong in September
Home buyer and seller activity in the Greater Vancouver housing market continues to far outpace 2012, yet it’s in line with the region’s 10-year averages.
Mortgage Before Marriage in Canada – What Are Your Options?
An increasing number of young Canadian couples decide to invest in real estate before they get married. Young buyers — driven by low mortgage rates and high rents — want to build equity, and they usually prefer condominiums.
Canadians are Taking Mortgage into Retirement
Traditionally people plan to pay off their mortgages before retirement. However, an increasing number of Canadian seniors take their mortgage into retirement and some of them even owe more than in the past.
With Pets at Home Come Great Benefits
A lot of pet owners realize the immediate joys that come from sharing their homes with their companion animals. But there are much bigger benefits to living with a pet than waking up to your dog lovingly licking your face. The human-animal bond has proven to bring many physical, emotional, and mental benefits.
Vancouver Home Sale Activity Increases in July
Sunny weather did not slow the pace of home sale activity in July. Last month was the highest selling month of the year in Greater Vancouver and the highest selling July since 2009. According to the Real Estate Board of Greater Vancouver (REBGV), residential property sales in Greater Vancouver reached 2,946 on the Multiple Listing Service in July 2013.
Making the Most of a Home Inspection
A new home isn’t just an investment. It’s the place where you and your family live and grow. The last thing any new homeowners want is for their home to turn out a burden in disguise. One of the best ways to avoid buying a lemon is to hire a professional home inspector. Most of us probably couldn’t tell if a house were in order just by looking at it, and there could be big problems we wouldn’t even notice before moving in.
Slowing Housing Market Shouldn’t Put Canadian Banks at Risk
The Bank of Canada warned that Canada’s economy may be at risk due to certain overheated segments of the real estate market, particularly Toronto’s condo market. The main national risk factors are imbalances in the housing market and high household debt. Furthermore, the Bank of Canada still believes that the euro-zone crisis represents the biggest international risk.