Credit: Courtesy of Zolo Realty Look familiar? The priciest property sold last week was previously a BCBusiness Big Fat Deal In Metro Vancouver, there are a handful of neighbourhoods that command ultra-high prices of $10 million and up. Kitsilano is one of them—last week, a single-family home sold for $15.5 million, according to data analyzed b Read more →
It's been a strong year in real estate here in the Cowichan Valley in 2017 however while the provincial economic conditions appear to be on a sound footing the BC Real Estate association expects economic growth to slow in 2018, expanding at a respectable 2.8 percent but lower than we have seen in some time. The province's housing market will face additional economic pressure in 2018, wit Read more →
Three weeks after the provincial election, we now know that the BC NDP and Green parties intend to work together in a minority government. On May 30, the parties released their joint agreement, outlining the foundations of their alliance and the key policy issues they intend to work on. What does this new political landscape mean for real estate in BC? Before we get to a new government Read more →
BC Home Sales Return to Historic Average Vancouver, BC – February 15, 2017. The British Columbia Real Estate Association (BCREA) reports that a total of 4,487 residential unit sales were recorded by the Multiple Listing Service® (MLS®) in January, down 23 per cent from the same period last year. Total sales dollar volume was $2.79 billion, down 36.5 per cent from January 2 Read more →
Housing market update for July 2016! The housing demand continues to surge around the province as markets across the lower mainland, Vancouver Island and the Okanagan either set all time or monthly records for June. Watch the video for full information. Housing Market Update - You Tube video and give me a call or email if you would like more detailed information Contact Ja Read more →
It seems the preditions are for the residential sales in the province of British Columbia are expected to edge back 6.3 percent to 96,100 units in 2016. Home sales suprassed the 100,000 unit threshold for only the third time on record last year, as strong market fundamentals and elevated consumer confidence charged demand. Contact Jackie Wood for further details. Read more →
As reported by our local Vancouver Island Real Estate Board: Sales in the VIREB area edged back slightly in September, but the housing market remains robust, a trend expected to continue for the rest of the year. Last month, 431 single-family homes sold on the Multiple Listing Service® (MLS®) compared to 405 in September 2014, an increase of six per cent. Month over month, sales Read more →
Canadian investors who are self-employed and looking to claim rental income in order to qualify for a loan will have more freedom to do so come Sept. 28, something that agents with those clients applaud. “It will certainly help that segment of buyers because it’s well-known that it’s a challenge for those who are self-employed to qualify for a mortgage,” Davell Read more →
In this special edition of NEWS2ME, all three major party leaders reach out directly to REALTORS®. JUNE 2015 Forward by CREA President Pauline Aunger Elections are always an exciting time in Canadian politics. And with a series of polls showing a virtu Read more →
A robust provincial economy and bolstered consumer confidence are fuelling home sales in the Vancouver Island Real Estate Board (VIREB) area, with a strong spring sales market showing no signs of slowing as we head into summer. In June 2015, 636 single-family homes sold on the MLS® system compared to 527 last month, an increase of 20 per cent. Year-over-year, sales rose 36 per cent Read more →