Market Update October 18, 2023 · 3 min read British Columbia Takes Strong Measures to Rein in Short-Term Rentals – What does this mean for us? In a bid to tackle the escalating challenges posed by short-term rentals, British Columbia's Premier David Eby and Housing Minister Ravi Kahlon have unveiled a comprehensive legislative overhaul. The new regulations, announced under the Short-Term Accommodations Act, aim to curb profit-driven operators and reclaim housing units for the long-term market. Addressing the media, Premier Eby […]
Market Update October 17, 2023 · 3 min read REBGV market Update For September 2023 – Despite More Housing Inventory, Prices Still Rising The September 2023 stats released by the Real Estate Board of Greater Vancouver (REBGV) confirmed that more homeowners were listing properties for the month, and the month-over-month price gains seen earlier this year abated. "A key dynamic we’ve been watching this year has been the reluctance of some homeowners to list their homes given […]
Market Update August 17, 2023 · 3 min read REBGV Market Update For July 2023 – Low Housing Inventory Forcing Prices Up The Real Estate Board of Greater Vancouver (REBGV) recently released it July 2023 report. Notable in this report was the fact home prices were still rising due to the low levels of housing inventory in the region. In his monthly statement, Andrew Lis, REBGV director of economics and data analytics said,” While sales remain […]
Founder's Message February 1, 2023 · 4 min read January 2023 Founder’s Message We have officially welcomed in the new year and with it comes new opportunities and beginnings. There are currently many excellent real estate options available throughout Metro Vancouver. The total number of homes listed for sale on the Multiple Listing Service (MLS) in Metro Vancouver is 7,384, a 41% increase compared to December 2022. This […]
Market Update February 1, 2023 · 3 min read REBGV Market Update For December 2022 – Home Prices & Sales Continue Their Fall The December 2022 market report released by the Real Estate Board of Greater Vancouver (REBGV) made it very clear that a lot less people have been motivated to either list or purchase a property. The sluggish pace can be attributed to the rapid succession of interest rate hikes. The current rate of 4.25% is the […]
Home Buying February 1, 2023 · 2 min read Market Update – New Federal Laws for the Purchase of Residential Property On January 1st, 2023, the Canadian government implemented a new legislation aimed at increasing affordability and making own ownership more attainable for residents. The act, known as the Prohibition on the Purchase of Residential Property by Non-Canadians, prohibits non-Canadians and corporations controlled by non-Canadians from buying residential properties in the country for a period of 2 […]
Market Update October 17, 2022 · 3 min read REBGV Market Update For September 2022 – More Home Sellers Than Buyers The report indicated that more supply than demand and increasing interest rates are pushing Metro Vancouver prices down even further.
Market Update September 15, 2022 · 3 min read REBGV Market Update For August 2022– Sales Have Plunged From The Frenzied Activity A Year Ago In the August 2022 market report released by the Real Estate Board of Greater Vancouver (REBGV), the main takeaways were reduced sales, decreasing prices and a slowdown in listing activity.
Market Update July 18, 2022 · 3 min read REBGV Market Update For June 2022 – Buyer’s Market Emerging As Home Sales Decline. The June 2022 market report showed that rising interest rates and declining prices are now weighing heavily on buyer’s minds.
Market Update June 20, 2022 · 3 min read REBGV Market Update For May 2022 – Interest Rates And Lack Of Supply Responsible For Cooling The Market After reaching record-setting levels in 2021, home sale activity has returned to more typical seasonal levels in Metro Vancouver this spring.
Market Update May 25, 2022 · 2 min read Do You Own An Empty Home In Vancouver? If You Do, Prepare To Pay More In Taxes Next Year Last month Vancouver city council unanimously approved a motion to increase the city’s Empty Homes Tax from 3.00% to 5.00% effective 2023.
Market Update May 16, 2022 · 2 min read REBGV Market Update April 2022 – Housing market Appears To Be Slowing Down, Although Prices Remain Steady The April 2022 REBGV market report stated that home buyer demand returned to more historically typical levels.
Market Update March 15, 2022 · 3 min read REBGV Market Update February 2022 – Upward Price Trend Continues With A Modest Increase In New Listings REBGV Market Update February 2022 – Upward Price Trend Continues With A Modest Increase In New Listings.
Market Update February 18, 2022 · 3 min read REBGV Market Update For January 2022 REBGV Market Update For January 2022 - The Limited Choice In The Market Is Responsible For Higher Prices
Market Update October 12, 2021 · 3 min read REBGV Market Update September 2021 September 2021 – Supply Is Still Not Enough To Meet Demand. Not only limiting buyers’ options, it was also adding upward pressure on prices.
Market Update September 8, 2021 · 3 min read REBGV Market Update For August 2021 REBGV Market Update For August 2021 – Home Sales Dwindling Due To Lack Of Supply, But Prices Still Rising. A key takeaway In the August 2021 market report released by the Real Estate Board of Greater Vancouver (REBGV), was the slowing down of home sales from the frenzied pace witnessed earlier this year, and the […]
Market Update August 6, 2021 · 3 min read REBGV Market Update For July 2021 According to the July 2021 market report released by the Real Estate Board of Greater Vancouver (REBGV), Metro Vancouver home sales were down slightly, while pricing remained steady.
Founder's Message July 30, 2021 · 4 min read July 2021 Founder’s Message Details make the difference when preparing to sell your home.
Market Update July 13, 2021 · 3 min read REBGV Market Update For June 2021 Home Prices Have Marginally Slowed Down From The Record Setting Pace Set Earlier This Year.
Founder's Message June 28, 2021 · 4 min read June 2021 Founder’s Message Five Reasons Why the Next 120 days are the Best Time to Sell!
Market Update June 18, 2021 · 3 min read REBGV Market Update For May 2021 In March and April of this year, the Metro Vancouver real estate market was setting new record highs.
Market Update May 17, 2021 · 3 min read REBGV Market Update For April 2021 REBGV Market Update For April 2021 – More Homes Being Sold, But More Supply Required To Meet Growing Demand.
Founder's Message April 22, 2021 · 2 min read April Founder’s Message Sales of Metro Vancouver homes continued to shatter records in March. Residential home sales totalled 5,708 last month, up 53.2% from February and 126% from this time last year.
Market Update April 21, 2021 · 3 min read REBGV Market Update For March 2021 In March, residents bought and listed homes across our region at levels not seen before. This surge in activity is increasing upward pressure on prices.
Founder's Message March 26, 2021 · 2 min read March Founder’s Message The Greater Vancouver real estate market is one of the hottest in history.
Market Update March 18, 2021 · 3 min read REBGV Market Update February 2021 February 2021 housing report highlighted a market in favor of sellers with home sales up 73% year-over-year.
Founder's Message February 17, 2021 · 2 min read Founders Message – February 2021 Metro Vancouver’s housing market is off to an active start as we welcome in the new year.
Market Update February 17, 2021 · 3 min read REBGV Market Update For January 2021 Trend Continues From Last Year As Home Sales Activity Outpaced The Supply Of Homes.
Market Update January 14, 2021 · 3 min read REBGV Market Update For December 2020 Real Estate Market Ends The Year With A Bang! A notable feature of the December 2020 market
