Blog Posts - Metro Vancouver Real Estate

B.C.’s housing market will remain strong in the coming year as residential real estate sales and average prices nationally have soared to a five-year high, according to a new report by Re/Max. The Housing Market Outlook 2014, released Wednesday...

Vancouver city council is proposing increases in property taxes and utility fees for 2014 below the rate of inflation. The proposed increases, 1.9 per cent for property taxes and one per cent for utilities such as water, sewer and garbage collection,...

Good news for homeowners and buyers as the Bank of Canada has just announced that it will hold its key interest rate steady but sounded a touch more dovish in its outlook, saying the risks of undesirably weak inflation appeared greater than they did...

Everyone’s dream home is just the right size, in the perfect neighbourhood, with exactly the features and amenities they had in mind. In reality, every home, even a brand-new one, will have flaws. The question is, are they reasonable issues or...

Canada’s housing market is not in a bubble and not likely to suffer a sudden and sharp correction in prices unless there is another major global shock to the economy, Bank of Canada governor Stephen Poloz said Wednesday. The central banker, tes...

Winter’s coming, and with it, plunging temperatures and shorter days that make you want to curl up and relax, warm and cosy by the fire. As the coldness looms and you prepare to pump the heat, it’s important to protect your home from pote...

The big rebound in Lower Mainland real estate sales appears to be over, leaving markets floating along with little movement on prices, according to the latest reports from the region’s real estate boards. In areas covered by the Real Estate Boa...

Why does Canada not keep public data on investment ownership in real estate, whether by foreigners or homegrown residents? Douglas Todd of the Vancouver Sun wrote this interesting article in today’s paper: The question is starting to gain more...

I came across this interesting article on MoneySense who performed an analysis of Canada’s real estate market to find out which neighbourhoods are set to soar in value in Vancouver, Calgary, Edmonton, Toronto, and Montreal. Here is an edited ve...

Canada’s federal housing agency has bumped up its forecast for housing starts in 2013 but trimmed its forecast for 2014, setting an essentially flat outlook for a once-roaring market. The Canada Mortgage and Housing Corp said on Thursday housin...

With a love of paisley and an affinity for mixing florals and stripes, Sarah Richardson has plenty of passion for prints that often accent rooms she helps refurbish. The designer has brought her own distinct imprint to a new collection of about 70 fa...

In Metro Vancouver – where the average price for a typical single-family home tops $923,700 — the prospect of having some form of secondary suite to rent out to help with the mortgage is downright seductive. Especially when the region’s...

Condo shopping can be overwhelming – a pre-shopping checklist can help limit your stress and visits to show homes. To create such a list, start by visiting presentation centres and model units in person. Although the Internet is a great place t...

Buyers from China, Russia, the Middle East, India and the United States are expect to be among those looking for high-end homes in major Canadian cities during the fall, says leading agent Sotheby’s International Realty Canada. Over the year to...

Home sales in two of Canada’s largest cities continued their surge in August from a year earlier. Sales in Toronto, the largest market, rose 21% from August last year to 7,569 units, the Toronto Real Estate Board said in a statement Thursday, w...

Greater Vancouver home sales roared ahead 52 per cent last month, raising the prospect of a new phase of stability in Canada’s most expensive housing market. The number of properties sold on the Multiple Listing Service reached 2,514 in August,...

The short answer is ‘not yet’. Just announced today is that the Bank of Canada is holding its main interest rate at one per cent, where it has been since September 2010. Economists widely expect the central bank to hold its trendsetting r...

Each decade has had its share of questionable home design, from the extensive wood panelling and Harvest Gold appliances of the 1970s to the next decade’s overuse of glass blocks, vertical blinds and country-style decor. Some of these serve as...

Those looking to gain a foothold in Metro Vancouver’s already pricey housing market are facing another hurdle as key financial institutions across the country move to hike mortgage rates. On Thursday, five-year fixed mortgage rates edged near the f...

Just listed on http://BestHomesBC.com is this Beach Avenue waterfront condo West of Denman in downtown Vancouver. Beach Town House Apartments’ Art Deco architecture is a landmark on Beach Avenue. The home is located just one block to Stanley Pa...

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