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Monday, December 04, 2023

Balanced conditions come to the Metro Vancouver housing market for the holiday season

With one month left in 2023, a steady increase in housing inventory is offering home buyers across Metro Vancouver among the largest selection to choose from since 2021.

The Real Estate Board of Greater Vancouver (REBGV) reports that residential sales in the region totalled 1,702 in November 2023, a 4.7 per cent increase from the 1,625 sales recorded in November 2022. This was 33 per cent below the 10-year seasonal average (2,538)...


November stats:

 

Friday, December 01, 2023

To-Dos: Your December Home Checklist

December is a busy month. But with a little preparation (and some quiet time), you can savor the best of the season, whether it’s winter walks or hot cocoa. Check off these tasks for a less hectic, more harmonious month...

https://www.houzz.com/magazine/to-dos-your-december-home-checklist-stsetivw-vs~75133049

Tuesday, November 28, 2023

Could 'upzoning' mean higher property taxes for B.C. homeowners?

Tax and housing experts are concerned that sweeping housing reforms proposed by the B.C. NDP, which would force higher density in single-family neighbourhoods and around transit hubs, could leave homeowners and small businesses on the hook for inflated property taxes that are based on the “highest and best use” of the land...

https://financialpost.com/news/local-news/bc-upzoning-property-taxes

Thursday, November 23, 2023

MLA Canada - November 2023 Presale Report

After months of holding and delaying, Metro Vancouver developers stepped into the fray in October, releasing over 3,500 units across 20 projects. The influx represented the largest release of inventory seen in 2023, with activity centering on the Metrotown market...



Sunday, November 12, 2023

Metro Vancouver housing market holds steady in October

An increase in newly listed properties is providing more choice to home buyers across Metro Vancouver, but sales remain below long-term averages.

The Real Estate Board of Greater Vancouver (REBGV) reports that residential sales in the region totalled 1,996 in October 2023, a 3.7 per cent increase from the 1,924 sales recorded in October 2022. This total is 29.5 per cent below the 10-year seasonal average (2,832) for October...


October stats:


Wednesday, November 08, 2023

Legislation introduced to deliver more homes near transit hubs

Building more homes near transit hubs is the focus of new proposed legislation aimed at speeding up the delivery of homes and encouraging more communities near the transit, services and amenities that make life better for people...

https://news.gov.bc.ca/releases/2023HOUS0063-001748

Saturday, November 04, 2023

Fraser Valley Real Estate Market Weakens as Sales and Prices Continue to Edge Downward

Property sales and new listings in the Fraser Valley fell again in October as consumers continued to put home buying and selling decisions on hold in the face of elevated interest rates.

The Fraser Valley Real Estate Board recorded 970 transactions on its Multiple Listing Service® (MLS®) in October, a drop of 12 per cent from the previous month and the fourth consecutive decrease since the 12-month high of 1,935 sales recorded in June...


October stats:


Thursday, November 02, 2023

To-Dos: Your November Home Checklist

Batten down the hatches for winter weather and get a jump on holiday prep, so you can relax and savor the simple pleasures of the season, like family dinners and walks in the crisp air outdoors...

https://www.houzz.com/magazine/to-dos-your-november-home-checklist-stsetivw-vs~73063006

Wednesday, November 01, 2023

More small-scale, multi-unit homes coming to B.C., zoning barriers removed

The Province is introducing new housing legislation to deliver more small-scale, multi-unit housing for people, including townhomes, triplexes and laneway homes, and fix outdated zoning rules to help build more homes faster...

https://news.gov.bc.ca/releases/2023PREM0062-001706

Sunday, October 29, 2023

50 Things Every Homeowner Should Know How to Do

While certain home repairs require a professional, many maintenance tasks can be handled on your own. Learning these basic skills will help you become a more self-sufficient homeowner...

https://www.bobvila.com/slideshow/50-things-every-homeowner-should-know-how-to-do-46782


Sunday, October 22, 2023

The Surprising Things You Shouldn’t Fix When Selling Your House

If you’re gearing up to sell your house, you might be pondering whether to spruce it up or sell it as is. It’s a common conundrum. While it’s crucial to fix major issues like faulty foundations or a failing heating system, it’s equally important to know which improvements aren’t worth your time or money...

https://www.canadianrealestatemagazine.ca/expert-advice/what-not-to-fix-when-selling-a-house/



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