News & Tips

The B.C. government is extending its speculation and vacancy tax to more communities starting in January 2023. Squamish, Lions Bay, Duncan, North Cowichan, Ladysmith and Lake Cowichan will be added to the list, which already included Metro Vancouver, Greater Victoria, Nanaimo, Lantzville, Abbotsford, Mission, Chilliwack, Kelowna, and West Kelowna. The tax rate is 2% of […]

Non-Canadian and non-Permanent Residents will no longer be able purchase a property in Canada starting January 1, 2023. Here is some key information regarding the Prohibition on the Purchase of Residential Property by Non-Canadian Act: * In an effort to address concerns about housing affordability, the federal government passed a two-year restriction on the purchase […]

Home sale activity across the Metro Vancouver housing market continued to trend well below historical averages in October. The Real Estate Board of Greater Vancouver (REBGV) reports that residential home sales in the region totalled 1,903 in October 2022, a 45.5 per cent decrease from the 3,494 sales recorded in October 2021, and a 12.8 […]

One of the most common questions we hear from homeowners who are interested to move is “should we sell first or buy first?” There is no perfect solution, so you have to choose a strategy that works best for your personal circumstances and comfort level. If you sell first, you run the risk of not […]

Home sellers were more active in Metro Vancouver’s housing market in September while home buyer demand remained below the region’s long-term averages. The Real Estate Board of Greater Vancouver (REBGV) reports that residential home sales in the region totalled 1,687 in September 2022, a 46.4 per cent decrease from the 3,149 sales recorded in September […]

Vancouver’s housing market sees fewer home buyers and sellers in August Metro Vancouver’s housing market is experiencing a quieter summer season marked by reduced sale and listing activity. The Real Estate Board of Greater Vancouver (REBGV) reports that residential home sales in the region totalled 1,870 in August 2022, a 40.7 per cent decrease from […]

Metro Vancouver’s housing market has entered a new cycle marked by quieter home buyer demand and a gradual rise in the supply of homes for sale. The Real Estate Board of Greater Vancouver (REBGV) reports that residential home sales in the region totalled 1,887 in July 2022, a 43.3 per cent decrease from the 3,326 […]

With interest rates and housing supply increasing, Metro Vancouver home buyers are operating in a changing marketplace to begin the summer season. The Real Estate Board of Greater Vancouver (REBGV) reports that residential home sales in the region totalled 2,444 in June 2022, a 35 per cent decrease from the 3,762 sales recorded in June […]

Spring ushers in calmer housing market trends in Metro Vancouver   After reaching record-setting levels in 2021, home sale activity has returned to more typical seasonal levels in Metro Vancouver this spring due, in large part, to rising interest rates.   The Real Estate Board of Greater Vancouver (REBGV) reports that residential home sales in the […]

Vancouver home sales return to more traditional levels in April   Home buyer demand in Metro Vancouver returned to more historically typical levels in April. The Real Estate Board of Greater Vancouver (REBGV) reports that residential home sales in the region totalled 3,232 in April 2022, a 34.1 per cent decrease from the 4,908 sales […]