News & Tips

Home buyer competition keeps home sellers in the driver’s seat Home buyer activity remains at near record levels across the Metro Vancouver housing market. Residential property sales in Greater Vancouver totalled 2,519 in January 2016, an increase of 31.7 per cent from the 1,913 sales recorded in January 2015 and a 10.9 per cent decline […]

For many, Vancouver Island offers a great alternative to mainland living and investment given its natural beauty, affordable prices, and laid-back lifestyle. Imagine your morning begins by watching whales breaching as you sip coffee on your patio. Later, launch your kayak off the beach and head out for a late morning paddle. In the afternoon, […]

BCREA 2016 First Quarter Housing Forecast Update Jan 28, 2016 – The British Columbia Real Estate Association (BCREA) released 2016 First Quarter Housing Forecast Update today. Multiple Listing Service® (MLS®) residential sales in the province are forecast to edge back 6.2 per cent to 96,100 units this year, after reaching 102,517 units in 2015. Strong […]

December Smashes Home Sales Record and 2015 Enters Record Book The British Columbia Real Estate Association (BCREA) reports that a record number of home sales were recorded in the province for the month of December. A total of 6,590 residential unit sales were recorded by the Multiple Listing Service® (MLS®) last month, up 29.8 per […]

Buying real estate in Vancouver can be a daunting task for first time buyers given the prices and fast pace of the market in this city. To help first time buyers, there are a number of government-sponsored programs available to provide assistance, and these programs are especially helpful in Vancouver real estate. Here are some […]

Metro Vancouver home sales set an all-time record in 2015 In a year when the number of homes listed for sale was below historical averages, actual home sales in Metro Vancouver set a new record. The Real Estate Board of Greater Vancouver (REBGV) reports that 2015 home sales were the highest annual total in REBGV […]

The British Columbia Real Estate Association (BCREA) reports that a total of 8,032 residential unit sales were recorded by the Multiple Listing Service® (MLS®) in November, up 34.5 per cent from the same month last year. Total sales dollar volume was $5.38 billion, up 56.4 per cent compared to the previous year. The average MLS® […]

If you have been considering selling your home, but were hesitant to do so because of the winter season, think again! Here are 3 advantages to listing your home for sale during the holidays: 1. Competing Against Less Inventory: the Vancouver housing market has experienced more demand than supply all year, which will become even […]

Currently there are 27 cost-saving programs, grants, rebates and other offers for BC home buyers and home owners. New to the list this year are the BC Seniors’ Home Renovation Tax Credit, rebates for Energy Star appliances and new BC Hydro Power Smart programs for businesses. Below are just a few to mention, or view the […]

The Canadian government announced today that it is increasing the minimum down payment on insured mortgages from 5 per cent to a two tiered system under which the minimum down payment on houses priced above $500,000 will remain at 5 per cent, but there will be an additional 10 per cent required on the portion […]