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.
A lot of pet owners realize the immediate joys that come from sharing their homes with their companion animals. But there are much bigger benefits to living with a pet than waking up to your dog lovingly licking your face. The human-animal bond has proven to bring many physical, emotional, and mental benefits.
Sunny weather did not slow the pace of home sale activity in July. Last month was the highest selling month of the year in Greater Vancouver and the highest selling July since 2009. According to the Real Estate Board of Greater Vancouver (REBGV), residential property sales in Greater Vancouver reached 2,946 on the Multiple Listing Service in July 2013.
A new home isn’t just an investment. It’s the place where you and your family live and grow. The last thing any new homeowners want is for their home to turn out a burden in disguise. One of the best ways to avoid buying a lemon is to hire a professional home inspector. Most of us probably couldn’t tell if a house were in order just by looking at it, and there could be big problems we wouldn’t even notice before moving in.
The Bank of Canada warned that Canada’s economy may be at risk due to certain overheated segments of the real estate market, particularly Toronto’s condo market. The main national risk factors are imbalances in the housing market and high household debt. Furthermore, the Bank of Canada still believes that the euro-zone crisis represents the biggest international risk.
Smartphone apps can be incredibly helpful tools for exploring the city — both for tourists and locals. In the summer, we tend to spend more time in the streets, enjoying the perks of Vancouver and the warm weather and simple pleasures. Check out our choice of the top smartphone apps focused on Vancouver!
The Greater Vancouver housing market is showing early signs of a revival, with relative balance between the number of homes for sale and the number of people looking to purchase a home in the region today.
Moving can be a regular hassle in the best of scenarios, but moving with children in tow is a whole other kettle of fish. Kids are often wary of change, so it’s best to be well prepared. Follow these ten steps to make the moving process as stress-free as possible.
With the click of a button, you can determine your property taxes online. We’ve updated our Property Tax Calculator with 2013 rates applicable for Greater Vancouver and Fraser Valley municipalities to estimate your tax payment based on your property type.
The Real Estate Board of Greater Vancouver (REBGV) report for May 2013 shows that housing property sales in Greater Vancouver totalled 2,882 on the Multiple Listing Service (MLS). This represents a 1 per cent increase compared to the 2,853 sales recorded in May 2012, and a 9.7 per cent increase compared to the 2,627 sales in April 2013.
Those of you who have had to deal with selling your house know that there are a couple of seemingly irrelevant factors that could slash the value of the house significantly. However, home-buyers are not mythical creatures whose behaviour is impossible to predict. You just have to try walking in their shoes and going around the house as if you were visiting for the first time.