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News & Tips

It’s our privilege to be your trusted source of information on Vancouver’s real estate market updates so that you can stay current with the latest tips, trends, and stats. Feel free to contact us anytime with your questions.

Building a Coach House in Vancouver

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We were privileged to interview master builder, Sherman Peng of URBANSCAPE PROJECT LTD, who shared his insights and walked us through a recent coach house project on the Vancouver Westside. This brief video shows how he converts a garage into a 1 bedroom and den, 700 SF, 2 level coach house on a 33 ft […]

Market Implications of Foreign Buyers

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Recent news stories have focused on the foreign buyer segment of the market, concluding that foreign investors are unduly inflating home values and driving potential domestic buyers out of the housing market, especially those looking to purchase their first home. However, there are data and analyses from a number of sources that point to foreign investment […]

Zoocasa Shuts Down Home Seller & Buyer Referral Program

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A shockwave went through the real estate industry last week when Zoocasa suddenly announced that it’s going out of business, ending its popular real estate referral program for its customers, including Vancouver home seller and buyers. See Zoocasa’s shutdown notice at www.zoocasa.com. Zoocasa was launched by Rogers Communications as a real estate referral service that […]

Commercial Real Estate Market Most Active 1st Quarter in 5 Years

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Land sales drive commercial real estate activity in the first quarter An increase in raw land sales helped boost commercial real estate totals across the Lower Mainland in the first quarter of 2015, according to data from Commercial Edge, a commercial real estate system operated by the Real Estate Board of Greater Vancouver (REBGV). The […]

BC Home Sales Hit 8 Year High for May

BC Home Sales Continue at Brisk Pace Vancouver, BC – June 15, 2015. The British Columbia Real Estate Association (BCREA) reports that a total of 10,174 residential unit sales were recorded by the Multiple Listing Service® (MLS®) in May, up 16.6 per cent from the same month last year. Total sales dollar volume was $6.4 […]

Tips for Home Buyers – How to Survive and Thrive in Multiple Offers

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To say that the Vancouver real estate market is having a busy spring is an understatement. Multiple offers have become commonplace, but don’t be discouraged because you have as good a chance as anyone at finding and buying your desired property. Our boutique team of Vancouver realtors has an impressive track record with winning in […]

Vancouver Housing Market Update June 2015

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Metro Vancouver home sales surpass 4,000 for third consecutive month It continues to be a competitive spring market for Metro Vancouver* home buyers. This competition continues to put upward pressure on home prices, particularly in the detached home market. The Real Estate Board of Greater Vancouver (REBGV) reports that residential property sales in Metro Vancouver […]

How Does Vancouver’s New Character House Bylaw Affect House Prices?

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In June 2014, the City of Vancouver released a bulletin that outlined an interim procedure for their staff to handle applications to develop or demolish houses in the city. The purpose of the new rules was to help save Vancouver’s character and heritage homes. Now, one year later, the City is considering turning the interim procedure […]

BC Housing Demand Forecast to be Strongest Since 2007

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BCREA 2015 Second Quarter Housing Forecast Vancouver, BC – June 1, 2015. The British Columbia Real Estate Association (BCREA) released its 2015 Second Quarter Housing Forecast today. “More robust economic growth, strong consumer confidence and rock-bottom mortgage interest rates are expected to push housing demand this year to its highest level since 2007,” said Cameron […]

BCREA Commercial Leading Indicator Continues to Rise

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Vancouver, BC – May 28, 2015.  In the first quarter of 2015, the BCREA Commercial Leading Indicator (CLI) rose 1.1 index points to 120.9, the fourth consecutive quarterly increase. The continued positive trend in the CLI is a strong indicator of future growth in the commercial real estate market. “The BC economy is positioned to […]

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