Large firms dominate the design market — but not because of their scale. They represent the most approachable brands in the flooded space of interior designers, and this is something any client will appreciate. It is difficult to ascribe the label of “best interior designer” to any one firm or individual because the vocation requires […]
The real estate market is not tapering off for the summer as it has traditionally done. The pressure on the market is like the effects of climate change in the country. The jet stream has moved north and the ensuing rainstorms have flooded previously unflooded territory. Analogous to the moving jet stream is the flow […]
The housing market is stronger according to May 2014 Real Estate Board of Greater Vancouver stats report. No surprise there. Time after time it has to be pointed out to pontificating economists that Vancouver and the Lower Mainland lie between mountains on two sides, the ocean on one and the US border on the other. […]
Jay’s Comments on The April 2014 Real Estate Market It’s crazy out there – one minute the Vancouver real estate market is reported as being stable, the next report says it’s up and the final report isn’t sure. There is demand but the listing inventory is dropping because sellers aren’t sure they want to sell […]
Over the last year, market conditions in the Greater Vancouver area have been stable and we’ve seen a balance between buyer demand and seller supply. Prices have been rising continuously across the board, and that trend didn’t stop in March. However, the big picture doesn’t say much about trends in the diverse areas of Greater […]
Vancouver City Lights by Aleksander The reports of my death have been greatly exaggerated said Mark Twain. We can say the same of the Vancouver real estate market. Buyers are actively looking and making offers to purchase. Sellers are for the most part being realistic about their asking prices so that they receive the offers […]
January results for the Greater Vancouver housing market were better than the ten-year average. The Real Estate Board of Greater Vancouver (REBGV) announced that the total number of residential property sales in January 2014 reached 1,760 on the Multiple Listing Service® (MLS®). This is 30.3 per cent more than the 1,351 sales in January 2013, […]
Now that the December 2013 real estate statistics are published, it’s safe to say that the Metro Vancouver housing market maintained a consistent balance between demand and supply throughout 2013. We can remain optimistic, there is little evidence that there will be any substantial change in the current trend of stability. False Creek Sunrise by […]
Applying for a mortgage might easily seem overwhelming, with so many choices and products to choose from — especially if you haven’t had much experience with the jungle of information connected to mortgage financing before. Since you’re not an expert, it’s vital to be able to avoid at least some of the most common mistakes. […]
For almost the whole of 2013, balanced conditions prevailed in the Vancouver housing market. Current home sales and listing activities were balanced, and market conditions were favourable both for buyers and sellers.
Yaletown Sunset by Thomas Bullock Housing market activity continues to resemble the ten-year sales average in the Greater Vancouver housing market. These trends have helped keep the region in balance for the last nine months.The Real Estate Board of Greater Vancouver’s (REBGV) latest report shows that residential property sales in Greater Vancouver reached 2,661 on […]
People approaching retirement who plan to move to a new home have to make a difficult decision — should they rent or buy? Many Canadian retirees are accustomed to owning a home and consider it the only solution. A 2012 study conducted by BMO informed that more than half of Canadian homeowners expect they’ll have a mortgage in retirement.
Home buyer and seller activity in the Greater Vancouver housing market continues to far outpace 2012, yet it’s in line with the region’s 10-year averages.
An increasing number of young Canadian couples decide to invest in real estate before they get married. Young buyers — driven by low mortgage rates and high rents — want to build equity, and they usually prefer condominiums.
Traditionally people plan to pay off their mortgages before retirement. However, an increasing number of Canadian seniors take their mortgage into retirement and some of them even owe more than in the past.