Real Estate Blog

Real Estate Market Update for March 2024

Posted on Apr 01, 2024 in Market Trends

Spring Market is Officially Here... 🌼

Latest stats are in for the Metro Vancouver Real Estate Market & March's numbers are telling a very one sided story....
For the first time in a long time the average price for a detached home in Metro Vancouver is back above the 2 million dollar mark. 💹

Up nearly 2% from last month Detached properties have really...

Know the 5 Factors Impacting your Mortgage Approval!

Posted on Mar 27, 2024

Know the 5 factors Impacting your Mortgage Approval!

1. Income:
Your income is a key determinant of your borrowing capacity. Lenders assess your gross income, which includes your salary, bonuses, and any other consistent sources of income. They want to ensure you have a stable and reliable income stream to cover your mortgage payments along with your...

Real Estate Market Update for February 2024

Posted on Mar 01, 2024 in Market Trends

February’s Real Estate Market Update for 2024

The latest numbers for Metro Vancouver are in and despite the much needed increase in new listings across all 3 property types (detached, townhomes, condos) the standing inventory levels were not high enough relative to the pace of sales to mitigate price acceleration in February, with most segments of t...

2 New Rules that will Impact BC's Real Estate

Posted on Feb 28, 2024

1. The B.C. government has announced plans to introduce a tax of up to 20 per cent on profits made when properties are sold within two years of their purchase. The 20 per cent rate will be in place for a year after purchase and will slide to zero between 366 and 730 days after the acquisition. The plan is to implement it for properties sold on or a...

Real Estate Market Update for January 2024

Posted on Feb 01, 2024 in Market Trends

The Latest Market Stats for Greater Vancouver's January Real Estate Market🏡

The numbers are in, and while the Metro Vancouver market ended 2023 in balanced market territory, conditions in January began shifting back in favour of sellers as the pace of newly listed properties did not keep up with the volume of home sales.

This was especially evident i...