Monthly Rental Market Report - April 2023

April saw an inverse of the pricing trend we've been witnessing since the beginning of the year, with unfurnished one-bedroom homes seeing an increase in the average rental price, while furnished one-bedroom homes saw a decrease in their average rental pr...
Read MoreMonthly Rental Market Report - March 2023

For the second month in a row, unfurnished one-bedroom rental prices have dropped across the region of Metro Vancouver, excluding only the communities of Vancouver and West Vancouver, which both saw rental increases for unfurnished one-bedroom units sligh...
Read MoreMonthly Real Estate Market Report - March 2023

The Real Estate Board of Greater Vancouver reported that March saw 2,535 house sales; a 45.2% decrease from the 4,405 sales made in March 2022. Despite this, home prices across Metro Vancouver have increased modestly since the start of the year, and this...
Read MoreMonthly Rental Market Report- February 2023

Metro Vancouver is an area with a wide range of rental rates. For example, West Vancouver had the highest prices for one, two and three-bedroom homes, both furnished and unfurnished, in consecutive months, while North Vancouver had the highest prices for...
Read MoreMonthly Real Estate Market Report - February 2023

Recent data from February indicates that many potential sellers in Metro Vancouver still hesitate to participate in the local real estate market, leading to a below-average number of transactions. This lack of engagement has caused inventory levels in the...
Read MoreMonthly Real Estate Market Report - January 2023

Inventory remains low in Metro Vancouver* while home sales dipped well below monthly historical averages in January. The Real Estate Board of Greater Vancouver (REBGV) reports that residential home sales in the region totalled 1,022 in January 2023, a...
Read MoreMonthly Rental Market Report - January 2023

This upward trend we've been experiencing in rent prices in and around Metro Vancouver is not expected to continue. With the Bank of Canada's interest rate increases slowing down, rental prices could potentially decrease as well. Since January 2022, t...
Read MoreReal Estate Investment and Property Management: Are They The Same?

Have you ever considered investing in real estate, but weren't sure where to start? Or maybe you have a few properties and are considering hiring a property management company to help you keep things running smoothly. Either way, this blog post is for you...
Read MoreMonthly Real Estate Market Report - December 2022

In 2022, Metro Vancouver's housing market took a cautious approach due to the rise in borrowing costs caused by the Bank of Canada's ongoing fight with inflation. According to the Real Estate Board of Greater Vancouver (REBGV), residential home sales in t...
Read MoreThe Bank of Canada Hiked Rates Again And Isn't Finished Yet

The Governing Council of the Bank of Canada (BOC) raised its target for the overnight policy rate by 75 basis points (or 0.75%) today to 3.25% and signaled that the policy rate would rise further.While some Bay Street analysts believed this would be the l...
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