The cost of borrowing money just got higher as BOC raises key interest rate
Posted on Mar 02, 2022
Overheated real estate markets, stronger than expected economic growth in last quarter, and persistent inflation issues are behind the decision. Though only a slight increase and rates are still historically extremely low this is the first step of what many believe to be several more rate increases this year.
Home inventory not keeping up with buyer demand in January on Burnaby Mountain
Posted on Feb 08, 2022
The Burnaby Mountain/SFU housing market did see home inventory increase slightly month to month in January as is typical but it's not been enough to keep up with buyer demand. The low home inventory is leading to upwards pressure on home prices and often competitive bidding process with no subject offers. Great news for selling a home but extremely...
Santa Claus Village in Finland is an amazing sight to see
Posted on Dec 13, 2021
Kitsilano condo prices rise as inventory and sales fall
Posted on Dec 09, 2021
Kitsilano condo prices remained under upwards pressure last month while townhome prices saw a slight dip. Sales and listings dropped compared to October but its remains a Seller's market.
Watch the video for the complete 60 second update.
Ready to buy or sell a home? Contact us today to get started!
Watch the video for the complete 60 second update.
Ready to buy or sell a home? Contact us today to get started!
Downtown real estate sales rise in November as supply shrinks
Posted on Dec 08, 2021
The downtown Vancouver real estate market saw sales jump in November when compared month to month. Properties under $800K are in the greatest demand as inventory dropped for the second month in a row.
It's been a sustained Seller's market since December last year.
Watch the 60 second video for the full update.
Are you thinking of buying or selling y...
It's been a sustained Seller's market since December last year.
Watch the 60 second video for the full update.
Are you thinking of buying or selling y...
SFU home sales climb in November
Posted on Dec 08, 2021
In November the number of homes for sale on Burnaby Mountain as well as the HPI price index decreased when compared to October. Sales followed a different trend and increased month to month.
It's a Seller's market for the SFU area with the greatest demand for homes between $600K to $700K.
Watch the 60 second video for the complete update!
Thinking of...
It's a Seller's market for the SFU area with the greatest demand for homes between $600K to $700K.
Watch the 60 second video for the complete update!
Thinking of...