The Pros and Cons of Purchasing an Older versus Newer Condo

Source: Unsplash.com For homebuyers interested in buying a condo, it all comes down to a very important and sometimes tough decision: Old or new? Condos form their own community by sharing common areas such as a fitness center, manicured grounds, and a...
Read MoreBuying Your First Home?

Make your first home a reality! Strategies for Buying Your First Home Your first home purchase can be an unnerving path filled with uncertainty and doubt. Can I afford it? Am I paying too much? Will I be able to pay the mortgage? Property prices con...
Read MoreMonthly Rental Market Report March 2022

Continuing their unrelenting upward trend, Metro Vancouver’s rental averages have climbed another $16 from February. In fact, the region has seen only one month out of the past six where prices declined in the aggregate, and that was a mere $4 drop from D...
Read MoreBC Gov't Implements Cooling Off Period for Homebuyers

Source: unpslash.com On March 28, 2022, the BC Government introduced amendments to the Property Law Act which enable the creation of a “Homebuyer Protection Period”, which is essentially a cooling-off period that allows buyers to back out of buying a h...
Read MoreMonthly Market Report March 2022

While down from last year’s record numbers, home sale activity in Metro Vancouver’s* housing market remained elevated in March. The Real Estate Board of Greater Vancouver (REBGV) reports that residential home sales in the region totalled 4,344 in March...
Read MoreMonthly Rental Market Report February 2022

Rental prices in Vancouver seemingly can’t be slowed, gaining an average of $13 this February after months of steadily climbing. Metro Vancouver’s average rent is now at $1,840, up from their already high January levels. This increase was largely led by c...
Read MoreSelling a Tenant-Occupied Home

Many homeowners are unaware that Selling a tenant-occupied home is very different than selling a vacant home. Tenanted homes come with tenancy laws, and in British Columbia, the tenancy laws are strict in protecting tenants’ rights. If you or your...
Read MoreMonthly Market Report February 2022

The Metro Vancouver* housing market saw steady home sales activity, modest increases in home listings, and continued upward trends in pricing in February. The Real Estate Board of Greater Vancouver (REBGV) reports that residential home sales in the reg...
Read MoreMonthly Rental Market Report January 2022

Rental prices across Metro Vancouver from December 2021 to January 2022 saw some huge increases in terms of average prices of furnished units. Aside from a few exceptions, rent for unfurnished units remains relatively unchanged in most communities after l...
Read MoreMonthly Market Report January 2022

The first month of 2022 saw home sales come down from last year’s record-setting pace, while low supply continued to cause home prices to edge higher across Metro Vancouver*. The Real Estate Board of Greater Vancouver (REBGV) reports that residential...
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