BC Home Prices Stabilize and will Creep Back
Home sales in B.C. are likely to rise slightly this year, and more in 2020, according to a forecast released February 25 by the B.C. Real Estate Association (BCREA). The association said it expects residential sales in the province to rise two per cent to 80,000 units this year. This follows a slow 2018 in […]
Vancouver is still a great place to buy or sell homes.
While housing activity appears to be slowing in 2018, real estate agents working in this western Canadian market aren’t worried. Just under 50% of ReMax agents surveyed by MoneySense believe prices will continue to rise this year, while another 40% felt prices would level off. What’s shocking is the percentage of agents who admitted to working with […]
Seller’s Market for Condos and Townhomes
Now is a great time to sell condos or townhouses if you want to move into the detached housing market, either in the Vancouver area or nearby suburbs. I have extensive experience helping both buyers and sellers achieve their goals – if you’re thinking of making a lifestyle change, let’s get in touch! Currently it’s […]
Home Buying for Millennials – It’s Possible!
Many millennials in Vancouver feel as if they’ll never be able to afford a home, and consider either becoming lifelong renters or relocating as a result. Despite the skepticism young people feel about the viability of home ownership, it is still possible to buy a home here. In this article I’ll give a quick overview […]
What’s the Future of Vancouver’s Viaducts?
One of the biggest urban planning discussions in Vancouver right now revolves around the Georgia and Dunsmuir viaducts. These roads connect the downtown core and Eastside neighbourhoods, functioning as a flyover-like overpass. The current iteration was built in 1972 – it was originally conceptualized as part of a larger freeway system that never came to […]
How Common is Foreign Ownership?
Foreign ownership is a frequent topic of conversation in Vancouver. We are all curious to what extent these purchasers affect our market. The exact numbers are difficult to uncover, as sometimes foreign buyers will use a local proxy to make their purchases, but a recent report from Statistics Canada gives us an idea of how […]
Learn About Vancouver’s Empty Home Tax
Vancouver’s rental shortage is one of the factors making its housing market so competitive. The City has announced efforts to crackdown on empty homes. Vancouver aims to be more accessible for locals, and the empty home tax, combined with the foreign buyer tax introduced last year, has cooled the single family market. “Housing is for […]
Vacation Homes Near Vancouver
Recreation and vacation properties are growing in popularity – they’re not just a luxury item for the very wealthy, but rather a smart investment and the opportunity to experience a different lifestyle. People are downsizing from large, unused local properties to buy a small house in places like Whistler, the Sunshine Coast, or Kelowna, to […]