Blog Posts - West Vancouver Real Estate

Home sales in Greater Vancouver are on a hot streak, and the professional association representing all the real estate boards in the province is bumping up its forecast for 2016, predicting escalating prices and a jump in the number of homes sold. Th...

The insanity, it seems, is not over. Despite ongoing warnings from the CMHC that the Vancouver housing prices are overvalued and have outpaced the economic fundamentals in the city, they keep climbing. In the past year, the benchmark price for a deta...

It released its annual assessment figures January 4 and it provided a few examples of some individual assessments including one for an East Side, single-family, 33-foot lot, which jumped by 28% from $993,000 to $1,267,000, and one for a West Side, si...

That view, expressed recently by Business Council of B.C. executive vice-president Jock Ferguson, reflects the sentiments of many. However, similar observations have been made in the past. Still, the cost of housing in the Vancouver area has kept cli...

Housing prices in the Lower Mainland are predicted to rise a modest three per cent in 2015, while Canada’s highest prices, in Vancouver, will be sustained by demand from Mainland Chinese buyers. That’s the view from RE/MAX’s 2015 na...

The benchmark price for a typical detached home – a gauge that omits the most expensive properties – is approaching $1-million in Greater Vancouver. The Real Estate Board of Greater Vancouver uses the resale home price index (HPI), which strips o...

The total number of home sales in Greater Vancouver is expected to hit 33,800 units by the end of 2014, the British Columbia Real Estate Association announced November 18 in its housing forecast. This is 16.6% higher than the number of units sold in...

The average price of a home sold through the Multiple Listing Service last month was $419,699 – up 7.1 per cent from $391,931 in October 2013. That’s according to new numbers from the Canadian Real Estate Association (CREA), which reports on...

Home prices in Canada’s major cities are running at a rate many economists just don’t think is sustainable. We won’t get a complete picture of sales and prices in August for a couple of weeks, but preliminary figures from local real...

Sales of existing homes in Canada rose in July to their highest level since March 2010, notching their sixth straight monthly increase after a slow winter, the Canadian Real Estate Association (CREA) said today. CREA, the industry group for real esta...

With mortgage rates near all-time lows and the government of B.C. saving first-time buyers up to $7,500 by increasing the First Time Home Buyer’s Property Transfer Tax limit from $425,000 to $475,000 (and partial savings up to $500,000), now co...

There are two main options when buying a home: Either you buy new – a completely new build – or you buy used. If you’re buying a new home, make sure you check out the builder, their track record and speak to people who have bought their...

The Canadian Real Estate Association (CREA) has updated its forecast for home sales and prices, saying it expects transactions and values to increase during the spring months and into 2015. The national average home price is forecast to rise by 3.8%...

Unlike a lot of first-time home buyers, in 2009 Jesse MacNevin decided to go for a house that was less than the amount he was approved for. “I started doing the numbers and talked to a few real estate agents,” he says. “Then I went...

You don’t have to believe in superstition for it to hex your house, if the results of a forthcoming Canadian study are any indication. Reporting in the journal Economic Inquiry, researchers uncover enormous costs associated with “magical thinking...

Canadian home sales are expected to rebound this spring, with B.C. forecast to see the largest year-over-year increase and contribute the most to national sales activity. The province is expected to see an 8.3 per cent increase in sales activity, acc...

The million-dollar club isn’t so exclusive in Greater Vancouver, where the average price for single-family detached houses sold has soared to a record high of more than $1.36-million. Prices surged as total residential sales climbed to 2,530 last m...

The world’s wealthiest may look at expanding their real estate portfolio as they may use sub-orbital space travel to reduce travel time, believes Knight Frank. More than 70 wealthy individuals, with a combined wealth of over $200 billion, are inves...

The average cost of a Canadian home hit a record high of $388,553 in January. This price is 9.5 per cent higher than last year. The average cost of a home in cities such as Toronto and Vancouver rose to $526,528 and $606,800. Over the last ten years...

Want a home with BIG VIEWS, BIG WINDOWS, BIG KITCHEN SPACE AND BIG VALUE? Then this two-bedroom, two-bathroom 1,358 sq.ft. condo with a gorgeous location and views everywhere is for you. The beautifully updated spacious interior boasts an excellent r...

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