PROTECT YOURSELF: STRATA WATER DEDUCTIBLE REVIEW REMINDER
Posted on Nov 15, 2018
The majority of strata Annual General Meetings are coming up over the next few months presenting an ideal opportunity for strata lot owners to verify that their home owner insurance policy water deductible coverage matches that of the strata corporation's master building policy and if not advise their insurance broker immediately.
The BC Strata Pro...
Protecting Yourself at Home as You Age
Posted on Nov 14, 2018
Getting older comes with many joys. You get to watch your children grow into successful, fulfilled adults, and the pace of your own life slows so it’s easier to savor the moments. But amidst the joys of retirement, there are challenges that can’t be ignored. One of the greatest challenges that aging adults face is the loss of mobility. To make the...
Kitsilano Update: Condo's a Sellers market & single family home sales jump
Posted on Nov 08, 2018
Condos & Townhomes - Not much of a slowdown
Vancouver’s westside and Kitsilano remained officially in a “Seller’s” market in October despite the softening seen in many parts of Metro Vancouver.
How do we know? List to Sales Ratio
Vancouver’s westside and Kitsilano remained officially in a “Seller’s” market in October despite the softening seen in many parts of Metro Vancouver.
How do we know? List to Sales Ratio
- A buyer’s market has a 0-12% list to sales ratio
- A balanced market has a 12-20% list to sales ratio
- A seller’s market has...
Downtown Update: "Balanced" conditions except in West End which sees demand
Posted on Nov 08, 2018
Vancouver’s downtown condo and townhouse real estate market saw a 13% increase in condo sales, an inventory increase of 11%, and a decrease in sale prices of 11% in October compared to September.
Current trends put the downtown, Yaletown, and Coal Harbour markets in a “balanced” market. The West End saw the most demand in October and is in a “selle...
Current trends put the downtown, Yaletown, and Coal Harbour markets in a “balanced” market. The West End saw the most demand in October and is in a “selle...
GVA home sales below 10 year average but October sees increase over September
Posted on Nov 05, 2018
October 2018 REBGV Report
Home sale activity across Metro Vancouver* remained below long-term historical averages in October.
The Real Estate Board of Greater Vancouver (REBGV) reports that residential home sales in the region totalled 1,966 in October 2018, a 34.9 per cent decrease from the 3,022 sales recorded in October 2017, and a 23.3 per cent...