In February 2024, Metro Vancouver’s housing market saw a notable increase in new listings, alleviating concerns about potential overheating. According to Greater Vancouver REALTORS® (GVR), new listings rose by 31% year-over-year, reaching 4,560 properties listed for sale on the Multiple…
New Home Flipping Tax to Hit B.C. Property Sales: Here’s What You Should Know Premier David Eby has set his sights on speculators, and with the unveiling of the 2024 budget, his government has introduced the “BC Home Flipping Tax”…
The ambitious high-rise project in Vancouver’s West End is facing a multitude of challenges, as developers find themselves in receivership, according to recent filings in the Supreme Court of British Columbia. The venture, located at the intersection of 830-850 Thurlow…
The City of Vancouver and the Canadian federal government have reached a housing deal through the Housing Accelerator Fund, aiming to construct over 40,000 homes in Vancouver within the next decade. The agreement, announced during a press conference with Prime…
As of December 4, 2023, Metro Vancouver is experiencing a notable surge in housing inventory, providing home buyers with the most extensive selection since 2021. The Real Estate Board of Greater Vancouver (REBGV) reports a 4.7% increase in residential sales…
In the dynamic real estate landscape of Metro Vancouver, the month of July 2023 witnessed yet another upswing in home prices across all types of properties, fuelled by a robust sales surge. This ongoing trend of price escalation is…
A link to real estate statistics: Hello and welcome back to our channel! In today’s video, we will be discussing the latest real estate trends in Metro Vancouver. According to a report by the Real Estate Board of…
On April 12, the Bank of Canada (BoC) made an announcement that it would maintain the interest rates at 4.5%. This rate has been unchanged since January 2023, following several increases in the latter half of 2022. The stability of…
On Tuesday November 14th, city of Vancouver has approved regulations making AirBnB rentals legal to operate within city limits. Vancouver is the first major Canadian city to regulate short-term rentals. Starting April 2018 homeowner will have to become part of…
Let’s take a look at the detached housing market in Vancouver BC in October 2017. We will be looking at detached properties only. Average Sales Price Average Sales Price of detached houses in Vancouver BC in October 2017 (see graph below) Vancouver East: $1,666,965 |…
