Author: admin

  • Vancouver’s Swift Adaptation to Housing Reforms

    Vancouver’s Swift Adaptation to Housing Reforms

    Provincial housing legislation impacts Vancouver's municipal planning and development. Vancouver engages proactively with Bills 44, 46, 47, and 43, setting ambitious housing targets and methods.

  • Tips for Negotiating Your House Price in 2024

    Tips for Negotiating Your House Price in 2024

    When buying a home, successful negotiation depends on understanding market value, finances, and inspection results. Tips include researching market value, knowing finances, and using a home inspection. Negotiate for price, repairs, warranties, closing costs, and other terms. Consider walking away if terms are unacceptable. Continue to full article

  • Vancouver CRE: Vacancy Decline Signals Upturn for 2025

    Vancouver CRE: Vacancy Decline Signals Upturn for 2025

    Changes in interest rates are anticipated to boost activity in sales and leasing in the latter part of the year. CBRE’s Real Estate market outlook predicts rate cuts by June 5, aiming for a 4% policy rate by year-end.

  • Happy April Fool’s Day

    Happy April Fool’s Day

    Breaking news! Interest rates at pre-pandemic levels, mortgage rates at all-time low, announces Fed. It's a dream come true for homebuyers who have been waiting for the perfect time to enter the market! Dream on… Happy April Fool’s Day!

  • Happy Easter

    Happy Easter

    Easter is a Christian holiday that celebrates the belief in the resurrection of Jesus Christ.However, according to many theologians, Easter originally began before the arrival of Christianity.It is believed that Easter is named after the Anglo-Saxon goddess of the dawn and spring, known as Eostre.Examples of Easter traditions include Easter eggs and related games such…

  • Vancouver’s Housing Momentum: A Tale of Revival

    Vancouver’s Housing Momentum: A Tale of Revival

    Despite challenges, Vancouver's housing market shows resilience. Demand for semi-detached homes in Vancouver rises by 10%, fueled by increased sales activity and dwindling inventory.

  • Investing in Vancouver: Time to Rethink Your Strategy?

    Investing in Vancouver: Time to Rethink Your Strategy?

    Foreign investment in Greater Vancouver's Real Estate market is declining. The decrease in investment is affecting property transfer tax revenues.

  • Asking rent in Vancouver more than double Edmonton rates

    Asking rent in Vancouver more than double Edmonton rates

    Asking rent in Vancouver has more than doubled compared to Edmonton rates. Vancouver saw a decline in rent prices, with one-bedroom apartments at $2,653 and two-bedroom apartments at $3,541. Despite the decrease, Vancouver remains the most expensive city to rent in Canada, with Toronto following closely behind. Other BC cities also experienced drops in rent…

  • Vancouver Homebuyers Required Lower Income in Early-Q1

    Vancouver Homebuyers Required Lower Income in Early-Q1

    Early-Q1 2024 avg home price: $1,161,300 – Stress test rate: 7.71% – Mortgage rate: 5.71%

  • Vancouver to need premium office space by 2027

    Vancouver to need premium office space by 2027

    Reliance Properties plans to build a mixed condo-office tower at 902 Davie St. in Vancouver. The tower will include condos, retail space, and office space. The company believes there will be a shortage of new office space in the market in the coming years. Construction costs have increased due to the pandemic, but interest rate…