Greater Vancouver Real Estate News

Real estate tips for buying, selling, owninginvesting, renovating and more! Plus stay up to date on the real estate market, new developmentsmortgages, and what's happening in Greater Vancouver.

June 1, 2017

Vancouver's Stanley Park Named Top Park in the World!

Stanley Park in Vancouver was named the top park in the world beating out New York's Central Park which came in at number three. According to Global News, it is one of the largest urban parks in North America and receives approximately eight million visitors per year. Read their entire article.

Want to purchase a home in Stanley Park's surrounding neighbourhoods? See what you can purchase in West End, Coal Harbour, Downtown or Yaletown.

Posted in Community
May 14, 2017

April 2017 - Condominiums and townhomes in high demand across Metro Vancouver

To view  all the details of the current Greater Vancouver, Fraser Valley, Vancouver West and Vancouver East real estate market statistics and graphs, just click the desired buttons below to open a detailed PDF report.

Posted in Market Update
April 26, 2017

Making an Offer in a Competitive Market

Imagine finding a home you love, making an offer, and then finding out there are other competing offers on the table. Ouch. 

If you’re looking for a property in a competitive market, it is likely that there will be multiple offers. Even just one

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Posted in Buying
April 23, 2017

Another Happy Client - Kitsilano Vancouver Condo Sold for 6% Over Asking Price!

We recently had the pleasure of helping Elizabeth & Mark Alexander sell their Kitsilano Vancouver, BC home in 7 days for 6% over list price and subject free. This is what Mark said about their experience working with us:

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Posted in News, Selling
April 14, 2017

March 2017 - Demand for Homes Continues to Outpace Demand in Metro Vancouver

To view  all the details of the current Greater Vancouver, Fraser Valley, Vancouver West and Vancouver East real estate market statistics and graphs, just click the desired buttons below to open a detailed PDF report.


Posted in Market Update
March 25, 2017

BC Foreign Home Buyer Tax

In 2016, the B.C. Government just introduced legislation to apply a 15% foreign home buyer tax for residential properties in many areas of Greater Vancouver.

But in 2018, the B.C. Government increased the Foreign Buyer Tax 5% to 20% and expanded the areas it applies:

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Posted in Buying , News
March 14, 2017

Income Tax Changes for Home Sellers

The government has changed the income tax requirements for selling your principal residence. Click here for some details, but we recommend talking to your accountant for an overview of the changes and potential implications.

Posted in News, Selling
March 14, 2017

First Time Buyers' Program Threshold Increases $25,000

The Greater Vancouver Real Estate Board, together with the BC Real Estate Association, has been lobbying the government for years to increase the First Time Buyers' Program threshold, as it's difficult to purchase a home under $475,000 in Greater Vancouver. They asked the government to increase the resale price threshold to $750,000 from $475,000 to match the $750,000 threshold for new homes brought in last year.

But unfortunately this didn't happen.

Instead they increased the threshold a mere $25,000 to $500,000, exempting first time home buyers from the Property Transfer Tax at this range. There is a sliding scale of exemptions from $500,000 to $525,000. View the other qualifications.

March 11, 2017

February 2017 - Low Supply Continues to Limit Metro Vancouver Home Buyers

To view  all the details of the current Greater Vancouver, Fraser Valley, Vancouver West and Vancouver East real estate market statistics and graphs, just click the desired buttons below to open a detailed PDF report.

Posted in Market Update
March 7, 2017

Important Things to “Fix Up” before Selling Your Home

When you’re preparing your home for sale, it’s not unusual to need to fix up a few things. After all, you want your home to look its best to buyers, ensuring you receive great offers, quickly. So what do you need to fix?

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Posted in Selling