News & Tips

Buying real estate in Vancouver can be a daunting task for first time buyers given the prices and fast pace of the market in this city. To help first time buyers, there are a number of government-sponsored programs available to provide assistance, and these programs are especially helpful in Vancouver real estate. Here are some […]

Metro Vancouver home sales set an all-time record in 2015 In a year when the number of homes listed for sale was below historical averages, actual home sales in Metro Vancouver set a new record. The Real Estate Board of Greater Vancouver (REBGV) reports that 2015 home sales were the highest annual total in REBGV […]

The British Columbia Real Estate Association (BCREA) reports that a total of 8,032 residential unit sales were recorded by the Multiple Listing Service® (MLS®) in November, up 34.5 per cent from the same month last year. Total sales dollar volume was $5.38 billion, up 56.4 per cent compared to the previous year. The average MLS® […]

If you have been considering selling your home, but were hesitant to do so because of the winter season, think again! Here are 3 advantages to listing your home for sale during the holidays: 1. Competing Against Less Inventory: the Vancouver housing market has experienced more demand than supply all year, which will become even […]

Currently there are 27 cost-saving programs, grants, rebates and other offers for BC home buyers and home owners. New to the list this year are the BC Seniors’ Home Renovation Tax Credit, rebates for Energy Star appliances and new BC Hydro Power Smart programs for businesses. Below are just a few to mention, or view the […]

The Canadian government announced today that it is increasing the minimum down payment on insured mortgages from 5 per cent to a two tiered system under which the minimum down payment on houses priced above $500,000 will remain at 5 per cent, but there will be an additional 10 per cent required on the portion […]

Housing demand remains strong despite diminishing supply Home sales reached near record levels in November even as home listings began the traditional year-end decline.   The Real Estate Board of Greater Vancouver (REBGV) reports that residential property sales in Metro Vancouver reached 3,524 on the Multiple Listing Service® (MLS®) in November 2015. This represents a […]

Vancouver Canada is consistently being recognized as one of the top cities in the world for livability and our award-winning professionals at YourHomeTeam are here to help make your move into or around this thriving city as perfect as possible. As a new homebuyer, you have a lot of things to consider: commute times, neighborhood […]

Metro Vancouver home buyers push October sales above long-term averages Home buyers remain active across Metro Vancouver despite a reduced supply of homes for sale. The Real Estate Board of Greater Vancouver (REBGV) reports that residential property sales in *Metro Vancouver reached 3,646 on the Multiple Listing Service® (MLS®) in October 2015. This represents a […]

Most buyers overlook or dismiss the idea of real estate backup offers when shopping for their next Vancouver home, mainly because backups are widely misunderstood. While there are pros and cons to backup offers, they provide good opportunities for buyers in situations where there is more than one party interested in the same property. In […]