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Housing Market News

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Showing 1 to 10 of 83 total blog posts

B.C. government offers leniency as speculation tax deadline passes

A good Vancouver Sun article on the new BC speculation tax with information that every BC homeowner needs to know.

Home listings increase while buyers remain in holding pattern

Home listings continue to increase across all housing categories in the Metro Vancouver housing market while home buyer activity remains below historical averages. The Real Estate Board of Greater Vancouver (REBGV) reports that residential home sales in the region totalled 1,103 in January 2019, a 39.3 per cent decrease from the 1,818 sales recorded in […]

November 2018 Market Analysis

Our exclusive monthly analysis is the most comprehensive report of its kind. Featuring statistical analysis and thoughtful insight for 3 property types (Single Family Detached, Townhouses and Condos) across all Vancouver, North Vancouver, Richmond, Burnaby & New West, Tri-Cities and South Surrey & White Rock MLS® areas, it is a must-read for anyone considering buying […]

Buy a Home Buy a Lifestyle

It has been said that when you purchase a home you also select a lifestyle. With so much diversity in BC it’s safe to say no 2 locations are exactly alike. Have a health conscious active lifestyle? Kitsilano may hit the mark? Love a beautiful evening stroll, along a street lined with historic homes and […]

The Ouch Behind Overpricing

Here’s why the appeal may not be worth the risk. Let’s look at a domino effect overpricing may result in: Burning your listing-Today’s buyers are savvy and well informed about the market trends. An overpriced listing will be compared to other homes that are truly in that the price range. If your home doesn’t stack […]

Q3 2018 Market Analysis

Our exclusive monthly analysis is the most comprehensive report of its kind. Featuring statistical analysis and thoughtful insight for 3 property types (Single Family Detached, Townhouses and Condos) across all Vancouver, North Vancouver, Richmond, Burnaby & New West, Tri-Cities and South Surrey & White Rock MLS® areas, it is a must-read for anyone considering buying […]

B.C. Speculation Tax

Original Document: https://www2.gov.bc.ca/assets/gov/taxes/property-taxes/publications/is-2018-001-speculation-tax.pdf Urban centres throughout the province are in a housing crisis. Rents and home prices have surged past local incomes and, in many communities, vacancy rates sit close to 0%. Speculation has contributed to runaway prices and made it difficult for British Columbians to find a home they can afford. This is hurting people, businesses and communities. The […]

August 2018 Market Analysis

Our exclusive monthly analysis is the most comprehensive report of its kind. Featuring statistical analysis and thoughtful insight for 3 property types (Single Family Detached, Townhouses and Condos) across all Vancouver, North Vancouver, Richmond, Burnaby & New West, Tri-Cities and South Surrey & White Rock MLS® areas, it is a must-read for anyone considering buying […]

World’s largest money manager says Bank of Canada will hold rates in July

The world’s largest money manager is revising its expectations for the Bank of Canada’s policy tightening path. BlackRock Inc. no longer sees the BOC raising interest rates at the conclusion of its July 11 meeting, after Governor Stephen Poloz struck a dovish tone during Wednesday’s highly anticipated speech. The shift echoes a similar change in […]

Faith’s Property Insights for Vancouvers Westside Q4 2017

Faith Wilson Group 4th Quarter 2017 Westside Property Insights Detached houses KEY INSIGHTS More than 1,000 detached houses sold on the Westside in 2017 at a benchmark price of around $3.5 million. Anywhere else in the world, such a multi-billion dollar performance in a relatively small area would be considered outstanding, perhaps historical. But this […]

 

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