REBGV Market Update May 2019 – Modest Bounce In May, But Sales Remain Below Historical Averages

Posted on

The latest report released by the Real Estate Board of Greater Vancouver (REBGV) showed that sales in May 2019 crossed the 2,000 units sold for the first time this year. However, homebuyer demand remains below historical averages. “High home prices and mortgage qualification issues caused by the federal government’s B20 stress test remain significant factors […]

Read More…

Here Are Some Great Ideas On Buying A Home, For First Time Home Buyers

Posted on

Owning a home is a dream and a goal for most of us. But today’s first time homebuyers face numerous challenges in the form of higher prices and government regulation, which makes this dream more difficult and out of reach for some. So as a potential first time homebuyer, you have to change the way […]

Read More…

REGBV Report April 2019 – The Trend of Reduced Demand And Increased Supply Still Prevails In The Market.

Posted on

The latest Real Estate Board of Greater Vancouver (REGBV) report on the April 2019 real estate market, shows that buyers are reluctant to get into the market and sellers are being forced to be creative. Product that is staying on the market for more than a month is seeing discounts that were unheard of 2 […]

Read More…

REBGV Market Update For March 2019 – Potential Homebuyers Sidelined For The Short-Term.

Posted on

The highlight of the March 2019 market report released by the Real Estate Board of Greater Vancouver (REBGV), showed that prospective buyers remain on the sidelines in March. “Housing demand today isn’t aligning with our growing economy and low unemployment rates. The market trends we’re seeing are largely policy induced,” Ashley Smith, REBGV president said. […]

Read More…

How To Protect Yourself From Mortgage Fraud As Home Buying Season Dawns Upon Us

Posted on

Winter is over, the snow is beginning to melt, temperatures are getting warmer and “for sale” signs will begin springing up in various neighborhoods. This is the signal for home buying season. If you are planning on buying a home, here’s how you can avoid being a victim of mortgage fraud and protect yourself and […]

Read More…

The 2019 Federal Budget – Making Home Ownership More Possible.

Posted on

The 2019 Budget that the Liberal government has recently put forth allows more middle income Canadians fulfill their homeownership dream, by helping them lower their mortgage costs. Specifically, it is implementing 3 measures: CMHC First-Time Home Buyer Incentive Eligible buyers will be offered a 10-per-cent, shared equity mortgage for a new home or five per […]

Read More…

REBGV Market Update February 2019 – Increased Supply From Home Sellers And Below Average Demand From Home Buyers

Posted on

The Real Estate Board of Greater Vancouver (REBGV) released its February 2019 housing report, and it clearly showed that homebuyers appear to be the ones with power in the current market. Phil Moore, the President of the REBGV said “For much of the past four years, we’ve been in a sellers’ market. Conditions have shifted […]

Read More…

REBGV market Update For January 2019 – Fewer Deals And Higher Inventory

Posted on

The January 2019 stats released by the Real Estate Board of Greater Vancouver (REBGV) confirmed a continuation of the past few months, whereby home listings continued to increase and homebuyer activity continued to remain below historical averages. “Realtors are seeing more traffic at open houses compared to recent months, however, buyers are choosing to remain […]

Read More…

Luxury Home Sales And Prices Have Plummeted. Is It Time To Buy?

Posted on

The Foreign buyers tax, Mortgage stress test and incremental mortgage hikes have severely impacted the Vancouver real estate market in the past 2 years. The luxury home market has been hit the hardest:  In 2017 there were 4,282 homes that sold over $1 million – in 2018 only 3,151 units were sold – a drop […]

Read More…

Why Is Title Insurance So Important?

Posted on

When you purchase a home, the title of the property passes on to you the new homeowner.  Your property’s title provides the legal proof that you are the rightful owner. So when you purchase title insurance, you are protected against a number of risks and challenges that are related to the title of your home. […]

Read More…

Archives