Category: Uncategorized
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Minimum down payment to buy a home in BC is soul-destroying
Purchasing a home in BC is increasingly difficult due to high prices, with a report indicating a minimum down payment of $70,948 based on an average sale price of $959,480. A 20% down payment is $191,896. Ontario follows, but with lower down payment requirements. The average salary in BC is $53,042, making homeownership challenging for…
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The price has reduced for this Listing, check it out Listing Address: 59 1701 PARKWAY BOULEVARD
" TANGO " is a single house with Strata built by Liberty Homes in the sought-after Westwood Plateau area. This well-maintained property boasts 4 bedrooms and 4 bathrooms, and is situated in a peaceful, family-friendly neighborhood. Upstairs, you'll find a spacious master suite with an ensuite, along with two additional bedrooms and a laundry room.…
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Vancouver Rentals Still Most Expensive in Canada
Vancouver and Burnaby remain the priciest rental markets in Canada despite year-over-year declines.Vancouver's one-bedroom rentals dropped 7.7%, and two-bedrooms fell 5.6% year-over-year.
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Weak Greater Vancouver Real Estate Market “Surprising” After Two Rate Cuts
In July 2024, Greater Vancouver's residential sales totaled 2,333, down 5% from July 2023 and 17.6% below the 10-year average. New listings increased by 20.4% to 5,597, raising active listings to 14,326, a 39.1% rise from the previous year. The sales-to-new-listings ratio is 41.4%, indicating a buyers' market, while the sales-to-active-listings ratio is 16.9%, suggesting…
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Vancouver: What’s Driving the Prices Up?
Land Speculation: Global investors and speculators drive up land prices, making housing less affordable. Limited Supply: Restricted land availability and zoning regulations constrain housing supply, pushing prices higher.
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Check out my new listing Address: PH609 53 W HASTINGS STREET
Experience modern living at its finest in this stunning concrete and glass penthouse loft designed by award-winning architect Gair Williamson. This luxury live/work space features 2 bedrooms, a den, polished concrete floors, and expansive windows with breathtaking views. Enjoy the outdoors with two terraces, one of which is a 487 sqft rooftop terrace equipped with…
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Check out my listing Address: 59 1701 PARKWAY BOULEVARD
" TANGO " is a single house with Strata built by Liberty Homes in the sought-after Westwood Plateau area. This well-maintained property boasts 4 bedrooms and 4 bathrooms, and is situated in a peaceful, family-friendly neighborhood. Upstairs, you'll find a spacious master suite with an ensuite, along with two additional bedrooms and a laundry room.…
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Vancouver’s Iconic Views: Protected or Sacrificed?
Vancouver’s revised view-protection rules now include fewer protected views, impacting city skyline and development. These changes could result in 20 million square meters of additional development over the next century.
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Metro Vancouver and Fraser Valley homebuyers still hesitant despite Bank of Canada rate cuts
Homebuyers in Metro Vancouver and Fraser Valley remain hesitant despite recent Bank of Canada rate cuts. July 2024 saw home sales drop 5% in Metro Vancouver and 7% in Fraser Valley compared to previous months, with both regions experiencing significant increases in available listings. Benchmark home prices have slightly decreased, with the overall price in…
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Vancouver Wants Housing Plan Disclosure Order Quashed
Vancouver was ordered to disclose rental housing plans under the Freedom of Information Act. The city withheld information citing harm to financial, economic, and third-party interests.