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

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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 […]

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

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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 […]

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

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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 […]

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

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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 […]

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

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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 […]

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BC Government Launches New Condo Registry To Prevent Condo Flippers From Evading Taxes.

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Keeping in line with one of its election pledges to create transparency and prevent tax evasion in BC’s real estate industry, the BC government recently launched the “Condo and Strata Assignment Integrity Registrar”, which will scrutinize condo sales more closely. Beginning January 1, 2019, developers who sell strata lots in development properties are required to: […]

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