Author: admin
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BC Housing Market Cools Fast: Time to Buy?
BC real estate prices declined to $955,500 in December, down 10.9% from their peak.The province saw one of the steepest declines, second only to Ontario.
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New Year, New Home: Buying & Selling Tips
Start Early: Sellers should begin the process early, evaluating their home and preparing for the market.Home Preparation: Sellers should invest in updates, cleaning, and professional staging to increase appeal.
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Standardized Construction Bylaws in BC Could Save Millions
Standardizing municipal construction bylaws in BC could significantly reduce construction expenses across the province.Fragmented bylaws across 161 municipalities drive up soft costs, impacting contractors and project timelines.
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Avg BC Home Price to Crest $1M in 2025: CREA Forecast
B.C.'s average home price will surpass $1 million in 2025, leading Canada, $280,000 above the national average.Metro Vancouver residents relocating to Alberta or smaller B.C. communities due to unaffordable housing in the Lower Mainland.
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What Does 2025 Hold for BC Real Estate?
BC’s Real Estate market faces uncertainty due to rising costs and potential economic disruptions in 2025. Housing costs in BC have ↑ 30% over the past five years, impacting affordability.
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Happy Family Day
In some families, it’s a day to spend time playing in the snow, building snowmen, or having snowball fights. Some families take advantage of the long weekend to have a "staycation" and enjoy the activities in their own city or town. Take advantage of this wonderful time of year to reinforce your family bonds. Wishing…
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Sellers Off To Active Start In 2025 In Vancouver Resale Market
In January, Greater Vancouver Realtors reported 1,552 sales, an 8.8% increase from January 2024, though still 11.3% below the 10-year average. New listings surged by 46.9% to 5,566, leading to a total of 11,494 active listings, up 33.1% from last year. The composite residential benchmark price is $1,173,000, reflecting slight increases for single-detached and attached…
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Fraser Valley’s decade-high inventory could open doors for buyers
In the Fraser Valley market, growing inventory and stable prices may create opportunities for buyers this winter. Newly listed homes surged 167% from December to January, reaching 3,432, with active listings at a 10-year high of 7,251. Sales slowed, with 818 properties sold in January, down 18% from December. The sales-to-active listings ratio at 11%…
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Happy Valentine’s Day
Valentine’s Day occurs every February 14 around the world, and candy, flowers and gifts are exchanged between loved ones, all in the name of St. Valentine Valentine greetings were popular as far back as the Middle Ages, though written Valentine’s didn’t begin to appear until after 1400. By the middle of the 18th, it was…
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Tax Tip Optimize BC Insurance Premium Payments
Verify with your accountant if your insurance premiums are paid tax-efficiently to optimize claims. Premiums are paid with after-tax dollars for non-incorporated individuals; benefits are non-taxable, and premiums are not deductible.