The strength of the Canadian real estate market has continued to prove itself time and time again during the pandemic. While we’re not out of the woods yet, we are expecting continued growth for the duration of 2020, with an active market for the foreseeable future and balanced conditions at the national level into 2021.…
DetailsFrom movie nights with the family to gatherings in the yard with friends, individuals born in October are social and love to host gatherings. They find a reason to celebrate every occasion in life – big and small. Accordingly, their homes can sometimes get a little messy. It’s not their fault though – October birthdays are so…
DetailsToday, the Province of B.C. announced it has awarded a contract to the Broadway Subway Project Corporation (an Acciona-Ghella joint venture) to design, build, test and integrate the SkyTrain extension. The project is still on schedule for the new line to open in 2025. We will have more information about construction and timing after the…
DetailsThe August 2020 Market stats are out and available for download. You get the following graphs and charts for both Vancouver East and Vancouver West. Activity Snapshot by Property Type Detached Properties Report and Graph Condo Report and Graph Townhomes Report and Graph Benchmark Price Graph Average Price Per Square Foot If you are interested…
DetailsHome buyers and sellers remained active across Metro Vancouver in August, with home sale and new listing activity outpacing the region’s historical averages. The Real Estate Board of Greater Vancouver (REBGV) reports that residential home sales in the region totalled 3,047 in August 2020, a 36.6 per cent increase from the 2,231 sales recorded in…
DetailsThe July 2020 Market stats are out and available for download. You get the following graphs and charts for both Vancouver East and Vancouver West. Activity Snapshot by Property Type Detached Properties Report and Graph Condo Report and Graph Townhomes Report and Graph Benchmark Price Graph Average Price Per Square Foot If you are interested…
DetailsWe will get the full story on July housing in Canada when the Canadian Real Estate Association releases its July data in the next few days, but local real estate boards have reported a robust July market. Even in Calgary, year-over-year sales have jumped by double digits. Sales in Montreal were up more than 45%…
DetailsIt’s the season of the long hike, the slow beach stroll, the idle time when you can finally just talk and think for at least a little while. Even though vacations look a lot different this summer, there are ways to escape our new daily routines. No time like the present, then, to put a…
DetailsSquare footage determines how big a home is, but painting, furnishings and decorating can affect how big a home feels. Looking to make a small space feel bigger? A few simple cosmetic changes can help. Consider these four ways to make any small space in your home appear more, well, spacious. 1. Incorporate mirrors Create the…
DetailsHome buyer and seller activity in Metro Vancouver exceeded historical levels in July. The Real Estate Board of Greater Vancouver (REBGV) reports that residential home sales in the region totalled 3,128 in July 2020, a 22.3 per cent increase from the 2,557 sales recorded in July 2019, and a 28 per cent increase from the…
DetailsCanadian Real Estate Market Sentiment 56 per cent of Canadians who are planning to engage in the real estate market say they expect to do so within less than a year Almost half (44 per cent) of Canadians believe that the real estate market will bounce back to the strength it was before COVID-19 by…
DetailsThe June 2020 Market stats are out and available for download. You get the following graphs and charts for both Vancouver East and Vancouver West. Activity Snapshot by Property Type Detached Properties Report and Graph Condo Report and Graph Townhomes Report and Graph Benchmark Price Graph Average Price Per Square Foot If you are interested…
DetailsHome buyers and sellers have gradually become more active in each month of the COVID-19 pandemic. In June, home sale and listing activity in Metro Vancouver* returned to more historically typical levels. The Real Estate Board of Greater Vancouver (REBGV) reports that residential home sales in the region totalled 2,443 in June 2020, a 17.6…
DetailsCanadian real estate has been a tough nut to crack for some homebuyers, and those with less than 20 per cent as a down payment now face another challenge, with Canada Mortgage and Housing Corp.’s (CMHC) tighter qualification rules for borrowers of high-ratio mortgages. This move is in response to the global pandemic that has left many…
DetailsAt 103, Julia Hawkins might have fallen short of the record-setting 100-meter dash she completed two years ago, but she is still living up to her nickname the “Hurricane.” At the 2019 Senior Games in Albuquerque, New Mexico, Hawkins won gold medals in both the 50-meter dash and the 100-meter dash in the women’s 100-plus…
DetailsRE/MAX Canada releases insights in key global markets amidst the COVID-19 crisis Canadian Real Estate Market Sentiment 56 per cent of Canadians who are planning to engage in the real estate market say they expect to do so within less than a year Almost half (44 per cent) of Canadians believe that the real estate…
DetailsThe May 2020 Market stats are out and available for download. You get the following graphs and charts for both Vancouver East and Vancouver West. Activity Snapshot by Property Type Detached Properties Report and Graph Condo Report and Graph Townhomes Report and Graph Benchmark Price Graph Average Price Per Square Foot If you are interested…
DetailsAs Canada starts to experience a flattening of the COVID-19 curve, we’ve already seen businesses start to reopen their doors and life resume to some semblance of normalcy. Here in Ontario, retail outlets offering curb-side pick-up, hardware stores, garden centres and provincial parks are among the newest places given the green light to open alongside…
DetailsDuring pandemic times, as we all tighten our belts even further, it’s important to ensure your financial house is in order. That includes everything from money-saving tips — whether you’re shopping for food or fashion — to choosing the right stocks for your portfolio. Of course, when it comes to your literal house, three older…
DetailsMetro Vancouver home prices have remained steady since provincial health officials implemented physical distancing requirements in March. The Real Estate Board of Greater Vancouver (REBGV) reports that the MLS® Home Price Index1 composite benchmark price for all residential properties in Metro Vancouver today is $1,028,400. This is virtually unchanged from April 2020, a 1.4 per…
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