The latest (new and improved) issue of our Vancouver Real Estate Market Sales Absorption Report is ready for download!  If you follow our reports on a monthly basis you're probably thinking "something looks different". Well... you're right! We've recently switched over to Sotheby's International Realty Canada and have started adjusting our look accordingly (stay tuned for a brand new websi ...

Subject to approval by the legislature, the B.C. government intends to implement a temporary BC First-Time New Home Buyers' Bonus. Effective February 21, 2012, to March 31, 2013, the bonus is a one-time refundable personal income tax credit worth up to $10,000.Requirements to Qualify for the Bonus ELIGIBLE FIRST-TIME NEW HOME BUYER You will qualify as a first-time new home buyer if: You ...

The market is starting to take shape a little early this year. The spring market, widely considered to be the most robust sales cycle of the year, generally exhibits the beginning of a pulse in March, with April garnering the most sales of the year. The fixed term interest rates came down slightly in January, and then started rebounding up, which has created a certain sense of urgency a ...

VANCOUVER, BC - The 2011 Greater Vancouver housing market began with heightened demand in regional hot spots and concluded with greater balance between seller supply and buyer demand.  The Real Estate Board of Greater Vancouver (REBGV) reports that total sales of detached, attached and apartment properties in 2011 reached 32,390, a 5.9 per cent increase from the 30,595 sales recorded in 2010 ...

Lover of Christmas lights? You’re in luck! Metro Vancouver has been busy stringing them up. Here’s a few places that will surely get you in the holiday spirit!    Canyon Lights at the Capilano Suspension Bridge What: A zillion sparkling lights adorning the Bridge, Rainforest and the Cliffwalk When: Now until January 1, 2012 from 5PM – 9PM nightly (closed Christmas Day) Admission: ...

Taking a look at the November statistics will lead us to think that we’re in a buyer’s market, with a slight over supply. Recognizing the statistics capture all of the Real Estate Board geographies, if we drill down to the Vancouver market, we’ll quickly realize that although properties with higher prices are lingering around, those properties that are well priced, well  located, and/or exh ...