VANCOUVER, BC – December 4, 2017 – Metro Vancouver* saw modest home listing changes and steady demand in November. The Real Estate Board of Greater Vancouver (REBGV) reports that residential home sales in the region totalled 2,795 in November 2017, a 26.2 percent increase from the 2,214 sales recorded in November 2016, and a 7.5 […]
3 things to consider before downsizing your home
Are you dreaming of selling up your family home and moving to a smaller place with easy maintenance? Perhaps a move to the suburbs, a rural area or even inter-province? Here are three things to think about as you ponder the next chapter in your life. Timing is everything Watch the gap in value between what […]
Housing affordability: From Boomers to Millennials
I had a conversation with my mother about how my kids and the younger generation will afford homes in Vancouver one day, and how it almost seems impossible without help to do so. The response was quite surprising. Perseverance, hard work and sacrifice Instead of agreeing with me she told me of how people faired […]
October sales exceed historical average
VANCOUVER, BC – November 2, 2017 – Metro Vancouver home sales exceeded typical historical levels in October with the majority concentrated in the townhouse and apartment markets. The Real Estate Board of Greater Vancouver (REBGV) reports that residential property sales in the region totalled 3,022 in October 2017, a 35.3 percent increase from the 2,233 […]
23rd annual REALTORS Care® Blanket Drive
The REALTORS Care® Blanket Drive runs from Tuesday, November 14 to Tuesday, November 21. The need has never been greater! Our network of REALTORS® is gearing up for another productive year of collecting warm clothes and blankets. Let’s help keep the record number of homeless and working poor warm and dry this winter. Since it […]
Impact of the Foreign Buyer Tax
The full weight of the Foreign Buyer Tax is appearing now in our marketplace. But it is not the people who were intended to pay the tax who are actually paying it. That’s right, it is the sellers of land value older homes (mostly retirees) and builders with expensive new homes that are absorbing the new […]
Ethics; In life and in real estate.
Doing the right thing. Sounds easy, but how many of us do it when presented a moral dilemma? A free lunch? Today I was buying lunch and saw the person in front of me give a ten dollar bill for their food and the cashier give them $10 and change back. The person looked kind […]
Home buyer demand continues to differ based on housing type
VANCOUVER, BC – October 3, 2017 – Apartment and townhome activity is outpacing the detached home market across Metro Vancouver. This activity helped push total residential sales above the historical average in September. The Real Estate Board of Greater Vancouver (REBGV) reports that residential property sales in the region totalled 2,821 in September 2017, a […]
Vancouver’s changing demographics – looking into the future
Where do we go from here? The future of real estate is always on the chat list at just about every social event that I attend. Wealth transfer from boomers There is no way to predict, but I saw a recent study that shows just how much money could loosen up as baby boomers begin […]
Goodbye summer. Hello fall!
The real estate market in Vancouver – With fall approaching and a very busy and sunny summer behind us, we’re expecting further active times ahead. Activity levels will likely peak in October and November with sales of townhomes and condos leading the way. In saying that, I do think that the detached home market will also […]