April 2020 Market Update

Posted on Apr 02, 2020

No surprises here, Covid-19 is impacting the real estate market, however, some of the impacts are surprising.

Metro Vancouver’s* housing market saw steady home buyer demand to begin March and a leveling off of activity as the month went on and concerns about the COVID-19 outbreak intensified. 

The Real Estate Board of Greater Vancouver (REBGV) report...

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Covid-19 Financial Relief for BC Residents

Posted on Mar 29, 2020

If you’re confused about what benefits you and your family are eligible for you’re not alone.
I found a great chart that can point you in the right direction.
These benefits may change but for now it’s pretty good.

You can get more information here:
https://www.canada.ca/en/revenue-agency/campaigns/covid-19-update/frequently-asked-questions-wage-subs...

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Understanding a Lender's Credit Policy Requirements

Posted on Feb 03, 2020

When trying to finance a real estate project, it’s common for a borrower to approach multiple lenders for a loan. Unfortunately, it’s equally as common for those same lenders to provide inconsistent responses. One lender may look at a deal and want nothing to do with it while another may look at the same deal and be quick to approve it. Why?The ans...

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Metro Vancouver home sales return to historically typical levels

Posted on Dec 03, 2019

After a quieter first half of 2019, home buyer activity has returned to more historically typical levels in Metro Vancouver*.

The Real Estate Board of Greater Vancouver (REBGV) reports that residential home sales in the region totalled 2,498 in November 2019, a 55.3 per cent increase from the 1,608 sales recorded in November 2018, and a 12.6 per ce...

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Fewer Commercial Sales To Start 2019

Posted on Jun 18, 2019

Fewer commercial real estate sales to start 2019



Commercial real estate sales in the Lower Mainland declined in the first quarter (Q1) of 2019 compared to the active market experienced across the region last year.

There were 318 commercial real estate sales in the Lower Mainland in Q1 2019, a 42.1 per cent decrease over the 549 sales in Q1 2018, acco...

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April 2019 Real Estate Inventories for Metro Vancouver

Posted on May 15, 2019


It’s clear that Metro Vancouver is in a housing market slowdown, with listings piling up this has become an excellent opportunity for Buyers to grab excellent deals.
So how does this break down by municipality, and where is the deepest inventory?Real estate website Zoocasa created an infographic map of the region, ranking each area by how many mont...

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