Steady demand and low supply benefits home sellers
February saw steady home buyer demand and reduced home seller supply across Metro Vancouver.
The Real Estate Board of Greater Vancouver (REBGV) reports that residential home sales in the region was 2,150 in February 2020, a 44.9 per cent increase from the 1,484 sales recorded in February 2019, and a 36.9 per cent increase from the 1,571 homes sold in January 2020.
Last month’s sales were 15.6 per cent below the 10-year February...
11 Tips for Staying Calm During the Time of the Coronavirus.
There's so much fear and uncertainty around the rapidly evolving COVID-19 situation.
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For people who are fortunate enough to be in good health (remember gratitude!), in addition to crucial health measures such as washing our hands and practicing social distancing, what can we do in a challenging time like this?
This self-assessment tool, developed with the BC Ministry of Health, will help determine whether you may need further assessment or testing for COVID-19. You can complete this assessment for yourself, or on behalf of someone else, if they are unable to.
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Over the past few months across British Columbia, there has been an industry struggle to renew strata-corporation insurance policies. With renewals, the cost of insurance has increased anywhere between 50 to 300%.
Insurance Deductibles have also increased substantially from $25,000 per claim to as much as $250,000 and $500,000 per claim.
A strata includes ½ duplexes, multifamily low-rise wood-frame apartment buildings, townhouses or high-rise buildings....
The Metro Vancouver housing market is experiencing a fall pickup in home sale activity.
The Real Estate Board of Greater Vancouver (REBGV) reports that residential home sales in the region totalled 2,858 in October 2019, a 45.4 per cent increase from the 1,966 sales recorded in October 2018, and a 22.5 per cent increase from the 2,333 homes sold in September 2019.
Last month’s sales were 9.8 per cent above the 10-year October sales average.
“Home buyers have more confidence today than...
First Nations are poised to become the next real estate development power-brokers in Metro Vancouver, with billions of dollars worth of real estate on and off reserves at their disposal.
Westbank Corp., Polygon, Aquilini and Darwin Properties all have partnerships with local First Nations to build thousands of units of housing and commercial space in Vancouver, Burnaby and West Vancouver.
“First Nations have first right of refusal when the provincial or federal government disposes of land and...