costs to buy a home?

(July 31, 2017, posted in Tips)

If you’ve decided to buy a home, it’s important you understand all the costs involved in addition to the price you're paying for the property.

Here’s an overview.

Buying costs

Mortgage application

Lenders may charge a mortgage application fee, which will vary depending on the lending institution.

If you are borrowing part of your down payment through the BC Home Owner Mortgage and Equity (HOME) Partne... read more.

ways to reduce housing prices?

(July 30, 2017)

Michael Geller, a Vancouver architect, planner, real estate consultant, and property developer, has spent the better part of his 40-year career analyzing this topic and providing advice to all levels of government.

Geller recently shared ten ways to cool housing prices. These include practical, easy to implement ideas to increase density without building high-rises. He believes with more density, p... read more.

What's going on in the vancouver area?

(July 29, 2017, posted in Community misc)

We have over a month and half of summer left with lots of things still to participate in! 

Check out this '.....super-sized summer survival checklist that includes all the must-dos for your family to prevent the boredom blues. Print off our the list, stick it to the fridge, and see how many you can get through before the Fall arrives.

1. Metro Vancouver is going crazy for Canada Day this year! Check... read more.

what's happening in real estate?

(July 27, 2017)

Did you know? 

  • Stats Canada is working on a national data base of real estate statistics.  The Housing Statistics Framework will collect data on prices, foreign ownership, mortgage and more.  The project is expected to be complete by the end of the year.
  • Bank of Canada increased interest rates to 3/4% from 1/2%, the first increase since 2010. British Columbia Real Estate Association expects, by the end... read more.

new canadian banking rules

(July 27, 2017, posted in Canadian Newcomers, Non-Residents)

New Canadian banking rules that took effect July 1 are a “game changer” that could help governments in Victoria and Ottawa fight real estate tax scams exploited by foreign buyers, says a prominent B.C. immigration lawyer.

As of July 1, Canadian banks must confirm detailed information on non-resident clients — such as name, address, date of birth and taxpayer identification numbers — in order to rep... read more.

the 'Hunger games' of housing?

(July 24, 2017)

It’s too little too late.

That’s what Vancouver housing activists call the city’s proposal for affordable rental units in the Oakridge Municipal Town Centre.

Mayor Gregor Robertson announced a new proposed pilot program to tackle home affordability on Sunday: designate space in rental buildings as “long-term affordable” as part of its Cambie Corridor Planning Program.

Under the new proposal, which th... read more.

Townhome options limited

(July 18, 2017, posted in West Vancouver Strata)

strong townhome market

(July 17, 2017, posted in North Vancouver Strata)

brightest segment of the market

(July 16, 2017, posted in West Vancouver Strata)

How was West Vancouver's apartment market doing in previous months?  Click here for May & April to find out!

continuing on a tear

(July 14, 2017, posted in North Vancouver Strata)

Have a look at North Vancouver Apartment Market Activity in May & April of this year!

record highs

(July 10, 2017, posted in North Vancouver Homes)

Compare North Vancouver Detached Home stats for June to previous months, May and April!

market inconsistencies

(July 09, 2017, posted in West Vancouver Homes)

Check out how West Vancouver Detached Home stats trended in May and April!

reverse of normal trends?

(July 05, 2017, posted in North Shore)

In West Vancouver, there were 64 sales in the month of June. The sales to new listings ratio was 36% which represents a balanced market. For June 2017 the sales to total active listings percentage was 13%, a decrease from 18% in June 2016. Sales for June 2017 were down by 10 units compared to June 2016.

The West Vancouver listing inventory has increased by 11 homes compared to May 2017 and increas... read more.

happy 150th birthday Canada!

(July 01, 2017, posted in Community misc)

Happy 150th birthday Canada!

What an amazing country we live in…full of tolerance, compassion, and fun!

This year every city is hosting one, and frequently many, Canada Day events. To help you narrow down your options, we have put together our Ultimate Guide to Canada Day Celebrations in Metro Vancouver. We thought organizing the events by city may be helpful (all of these events happen on July 1s... read more.