January 2020 Housing Market Update

By: Cheryl Davie

January 2020 Housing Market Update

Tags: Homes in Vancouver, Vancouver Housing, Real Estate, January

Increased Demand & Dwindling Supply Fuelled The Pace of the Market Last Month   A lot can change in a year. When the Vancouver Real Estate Board released market update for January 2019, the headline read “Home listings ...Read More

December 2019 Housing Market Update

By: Cheryl Davie

December 2019 Housing Market Update

Tags: Homes in Vancouver, Vancouver Housing, Real Estate, January, December, 2020, SellingYVR, HastingsSunrise

December Home Sales Nearly Double What We Saw Last Year   Vancouver home buyers closed the ...Read More

November 2019 Newsletter

By: Cheryl Davie

November 2019 Newsletter

Tags: Homes in Vancouver, Vancouver Housing, Real Estate, November

Vancouver Home Sales Surpass 2000+ For The Seventh Month In A Row        There's no place like home for the holidays! And with the h...Read More

SEPTEMBER MARKET UPDATE 

By: Cheryl Davie

SEPTEMBER MARKET UPDATE 

Tags: Homes in Vancouver, Vancouver apartments, Mount pleasant homes, Luxury living Vancouver

Strengthened Housing Sales Seen Across The Board This September. The trend for September was clear - buyers were active and sales were strong. A total of 2,333 properties sold - a staggering 46.3% increase compared to September 2018 and a 29.9% increased compared to August. This will mark the 3rd month in a row overall sales have shown an increase year-over-year. All property types...Read More

By: Cheryl Davie

If You Own a Residential Property in BC, Here’s How the Vacancy & Speculation Tax will Impact You

Tags: Speculation Tax, Vacancy Tax, Vancouver Housing

  What are the primary drivers of implementing this tax? This tax was created in response to the housing crisis in major urban areas, throughout Greater Vancouver. By putting this program into action, the province hopes to: Target foreign and domestic buyers who own property in BC, but don't pay tax here Turn empty homes into housing (more explanation below on how renting your prop...Read More

January Sales Creep Up Compared to December, But Stress Test Impacts & Shifting Attitudes Towards Home Ownership Prove More Problematic in Our Market

By: Cheryl Davie

January Sales Creep Up Compared to December, But Stress Test Impacts & Shifting Attitudes Towards Home Ownership Prove More Problematic in Our Market

Tags: Homes in Vancouver, Vancouver Housing, Real Estate, January

January saw home listings continue to increase across all property categories, but buyer activity couldn’t keep up. Compared to December, home sales from this past month are up 2.9%, but overall, sales for January remain at their lowest point since 2009. The New Mortgage "Stress ...Read More

8 Realtor Recommended Steps to Take Before You Start House Hunting

By: Cheryl Davie

8 Realtor Recommended Steps to Take Before You Start House Hunting

Tags: House Hunting, vancouver, real estate, realtor, tips

The hunt is only half the battle when it comes to purchasing property. Taking care of crucial details beforehand will make all the difference when you do find your dream home. Before you jump into the real estate game, we'd highly recommend walking yourself through these 8 simple steps:   1. Talk to a mortgage broker Don’t start looking at million dollar mansions if your budget d...Read More

New Year, New Market! Predictions for Vancouver Real Estate Going Into 2019

By: Cheryl Davie

New Year, New Market! Predictions for Vancouver Real Estate Going Into 2019

Tags: 2019, Vancouver, Housing Market, Vancouver Real Estate, ALL POSTS

What Can We Take from 2018? The Delicate Balancing of Supply and Demand Basic economics dictates that a free market is largely controlled by supply and demand; real estate is no exception. The balance, or imbalance, between the two has generated the rising property prices over the past two years, and will continue to play a role as the market stabilizes. We saw a vast amount of demand going into...Read More

Hong Kong Apartment Sizes Went From Micro to Microscopic, But Public Interest Also Seems to Be Shrinking

By: Cheryl Davie

Hong Kong Apartment Sizes Went From Micro to Microscopic, But Public Interest Also Seems to Be Shrinking

Tags: Housing Market, International Housing, Hong Kong, Vancouver, Small Homes, Micro Homes, Real Estate, ALL POSTS

Even in the most expensive housing market in the world, this much less isn’t coming across as more.  Back in 2010, Hong Kong developers thought they’d found a perfect little solution: think smaller. Limited space and a growing population meant dwellings needed to become more compact (much, much more compact). It seemed so clear at the time: micro-apartments would be the next big ...Read More

November Presents Us With Staggering Statistics, But Buyers Should Not Take December Off

By: Cheryl Davie

November Presents Us With Staggering Statistics, But Buyers Should Not Take December Off

Tags: November, Vancouver, Market Update, Vancouver Real Estate, Vancouver Housing Market, ALL POSTS

How to Interpret The Numbers As The Vancouver Housing Market Cools The “wait and see” approach many buyers had been employing through 2018 appears to be transferring over to sellers in this cooling market. As for fear from last month that supply will continue to outweigh demand, November showed a 29% decrease in newly listed properties on the MLS, compared to October. However, the sl...Read More