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Tuesday, November 12, 2024

Rising home sales a sign of market shift in the Fraser Valley?

 Home sales in the Fraser Valley increased for the first time in five months following a sizable interest rate cut by the Bank of Canada in October.

The Fraser Valley Real Estate Board recorded 1,330 sales in October, up 35 per cent from September, and 37 per cent year-over-year... 






Tuesday, November 05, 2024

Buyer demand surges in October

After months of tracking approximately 20 per cent below the ten-year seasonal average, Metro Vancouver home sales surged more than 30 per cent year-over-year in October.

The Greater Vancouver REALTORS® (GVR) reports that residential sales registered on the Multiple Listing Service® (MLS®) in the region totalled 2,632 in October 2024, a 31.9 per cent increase from the 1,996 sales recorded in October 2023...


October stats:


Friday, November 01, 2024

Saturday, October 26, 2024

These 77 Interior Design Secrets Will Change the Way You Decorate

Since not all of us have an interior design expert on speed dial, we've gathered insights from our favorite pros to share the interior design secrets they usually reserve for their clients...

https://www.housebeautiful.com/home-remodeling/interior-designers/g864/decorating-secrets/

Friday, October 11, 2024

Sluggish sales and rising inventories see Fraser Valley moving toward a buyer’s market

With active inventories hitting levels not seen in 10 years and sales 30 per cent below the 10-year average, Fraser Valley real estate is building towards a buyer’s market if sales continue to lag.

The Fraser Valley Real Estate Board recorded 982 sales in September, down by eight per cent over August and by more than 10 per cent over September 2023. Again, seasonally adjusted sales were the second slowest in a decade in the Fraser Valley... 




August stats:


Friday, October 04, 2024

Buyers remain cautious to begin the fall market

Home sales registered on the MLS® in Metro Vancouver declined 3.8 per cent year over year in September, suggesting recent reductions in borrowing costs are having a limited effect in spurring demand so far.

Greater Vancouver REALTORS® (GVR) reports that residential sales in the region totalled 1,852 in September 2024, a 3.8 per cent decrease from the 1,926 sales recorded in September 2023. This was 26 per cent below the 10-year seasonal average (2,502)...


September stats:


Tuesday, October 01, 2024

To-Dos: Your October Home Checklist

The leaves are falling, pumpkins are showing up at market, and the cozy comforts of home beckon — it must be October. Make the most of this month’s bountiful harvest, get some exercise raking leaves in the brisk air, and button down your house in preparation for winter...




Thursday, September 26, 2024

What Is Feng Shui? How to Work the Basic Principles Into Your Home

Over the past 30 years, feng shui principles have developed a loyal following in the American interior design world, but the design philosophy has roots in ancient China. It originated in astrology, with ancient cultures designing burial plots to align with the stars. Over the centuries, practitioners refined it, expanding it into urban planning and finally into the home itself...

https://www.housebeautiful.com/design-inspiration/a32984796/feng-shui-guide/

Thursday, September 12, 2024

Two rate cuts not enough to ignite summer home sales in the Fraser Valley

The Fraser Valley residential resale market slowed again in August, as homebuyers continue to face affordability challenges. 

The Fraser Valley Real Estate Board recorded 1,067 sales in August, down by 13 per cent over last month and by 30 per cent over the 10-year seasonal average. August sales were the second slowest seasonally adjusted sales in a decade...




August stats:




Photo courtesy of TOURISM VANCOUVER

Photo courtesy of TOURISM RICHMOND

Photo courtesy of CITY OF BURNABY

Photo courtesy of TOURISM NEW WESTMINSTER

Photo courtesy of CITY OF SURREY