Category: Uncategorized
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Check out my new listing Address: 1838 EUREKA Port Coquitlam, British Columbia V3C5C1
Welcome to Harbourview Estates in the highly desirable area of Citadel Port Coquitlam – a fully updated open-concept home in an excellent family neighbourhood. Located close to great school catchment including French Immersion/AP Programs and quick access to highway and parks. Spacious bright kitchen, living and dining area boast high vaulted ceilings and nice gas…
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Vancouver Market: Buyer’s Market Ahead
With increased inventory and cooling prices, the market is expected to favour buyers into 2025. Residential sales are projected to remain low due to high borrowing costs and cautious buyer sentiment.
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Vancouver rents remain high above decreasing national prices
Average rents in B.C. have decreased by 3.4% compared to last year, with Vancouver still having extremely high rents. The national average asking rent in Canada is $2,152, marking the first year-over-year decline in three years. Despite the decrease, renting in Vancouver remains unaffordable, with one-bedroom apartments averaging around $2,700. Many residents are staying in…
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58,000 new homes now in the development pipeline or under review in City of Vancouver
Vancouver's net new home completions for the first year of the provincial Housing Targets Order fell short by 26%, totaling 4,143 units against a target of 5,202. This includes 3,745 rental homes, 1,457 ownership homes, and 104 supportive housing units. City staff anticipate a significant increase in completions over the next five years, projecting 33,700…
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Check out my listing Address: 1165 ESPERANZA Coquitlam, British Columbia V3B6A6
?This is a lovely and recently updated 3-b, 3-bath home located in the peaceful New Horizons neighbourhood. The house features a beautiful kitchen, perfect for entertaining, with white cabinets, and s/s appliances. Adjacent to the kitchen, the family room boasts a charming wood-burning fireplace and French doors that open to a very private, fully fenced…
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Home Inspection Checklist Every Buyer Needs!
Roof Inspection – Look for signs of damage or aging – Conduct up-close assessments, not just visual checks – Ensure no unforeseen expenses post-purchase – Verify roof and structural warranties Foundation and Structure – Look for cracks, settling, or moisture infiltration – Assess structural integrity – Identify deferred maintenance issues early
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Opinion: Vancouver housing market may be in limbo as sales lag, prices slip
Housing market activity in the Lower Mainland declined in September, with home sales at 2,783 units, down 5.7% year over year. Despite lower mortgage rates, many buyers are waiting for further rate reductions and increased inventory. New listings rose 14% from last year, pushing total inventory above 22,000 units. Average home prices fell 2.4% year…
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Vancouver Investors Opt for Smaller Condo Units
Vancouver has seen a notable increase in smaller condo units over recent years. Investors significantly shape Vancouver's condo market by preferring smaller units for higher rental yields.
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Calgary and Vancouver housing sales rise suggesting buyers ‘finally’ responding to rate cuts
Both Calgary and Vancouver reported strong home sales in October, indicating a potential revival in the housing market following recent interest rate cuts. Vancouver saw a 27.2% increase in seasonally adjusted sales from September, with year-over-year sales up 31.9%. Calgary's sales rose 9.4%, driven by demand for higher-end properties. Despite rising sales, Vancouver's benchmark price…
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Vancouver office market at ‘turning point’ as investment recovers
The Vancouver office market is experiencing a recovery, with investment volume rising significantly in the first half of 2024, reaching nearly $685 million, compared to just $69 million in the second half of 2022. Despite a high office vacancy rate of 10.4%, experts believe leasing activity will improve as the economy stabilizes and interest rates…