Category: Uncategorized
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Consider These Key Factors Before Starting
Tackling a home renovation can be overwhelming, but working with companies that provide personalized guidance can help. It's important to have a clear vision, create a realistic budget, and assemble a reliable team. Visit showrooms to experience fixtures in person and focus on products that truly speak to you. Communication and attention to detail are…
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Vancouver: Where $1M+ Homes Are the Norm
In Vancouver more than 70% of all homes for sale go for more than $1M. Out of 2,730 listings, 1,924 are priced above $1M in Early-Q1.
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Check out this open house Listing Address: 3482 WALES AVENUE
Explore this executive-style custom-built home on a quiet Cul-De-Sac in the heart of Burke Mountain. This house is one-of-a-kind. Upon entry, you will be greeted by a grand interior double staircase, a 20ft high ceiling and magnificent south views of the valley, an open floor plan with a bright kitchen, dining, family room, formal living,…
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Check out this open house Listing Address: 505 12069 HARRIS ROAD
Welcome to this beautiful and well-designed 2 bedroom, 2 bathroom suite at Solaris! You can unwind in the spacious living room and enjoy the abundance of natural light that floods in from the floor-to-ceiling windows on your covered balcony. The primary bedroom is generously sized with 2 closets and an ensuite. The second bedroom is…
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Benchmark Price in Vancouver Stands at $1,161,300
Vancouver's Market Basket Measure has risen to $55,727, a testament to the city's vibrant economy and quality of life.The benchmark home price in Vancouver stands impressively at $1,161,300 in 2024, ↑ 25.9% growth over five years.
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Home affordability in Vancouver a ‘full-blown crisis’: report
Buying a home in Vancouver has become extremely challenging, with affordability at crisis levels. In Victoria, the situation is also dire. RBC's report blames high interest rates and lack of affordable housing investment. The government is working on increasing housing near transit hubs to address the crisis. Continue to full article
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How Will the Election Affect Mortgage Rates?
Mortgage rates have been rising, impacting homebuyers and sellers. The Federal Reserve's tight monetary policy has led to higher borrowing costs. Experts believe the election won't affect rates significantly. Homebuyers should focus on long-term goals and be prepared for potential rate fluctuations. Continue to full article
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Here’s How Much It Costs to Rent an Apartment in Metro Vancouver
Metro Vancouver rent prices show signs of slowing down heading into the spring. Despite declining costs, 4 of Canada's top 5 most expensive rental housing markets are in the region.
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Vancouver top city in Canada for commercial real estate investment, says report
Investor interest in Vancouver commercial real estate remains strong, with Vancouver leading as the top Canadian market. Despite a significant decrease in transaction volume, investors are cautiously optimistic. The industrial market saw the highest investment, while the retail market experienced a notable decline. Continue to full article
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Canada to Allow 30-Year Mortgages for First-Time Homebuyers
Monthly payments become more manageable for young Canadians aiming for homeownership. Some advocate for broader eligibility, expressing concerns about effectiveness in high-priced markets.The industry expects a significant impact, potentially spurring more construction and aiding rental market relief.