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Home sale and listing activity continues to increase in August

September 2nd, 2020
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Home sale and listing activity continues to increase in August

 

Home buyers and sellers remained active across Metro Vancouver in August, with home sale and new listing activity outpacing the region’s historical averages.

 

The Real Estate Board of Greater Vancouver (REBGV) reports that residential home sales in the region totalled 3,047 in August 2020, a 36.6 per cent increase from the ...

Proactive Maintenance to Reduce Insurance Costs

September 1st, 2020
In 2019 property owners were caught off guard when insurance premiums and deductibles sky-rocketed. The most severely affected were the strata lot owners in large complexes who were suddenly faced with the prospect of increased strata fees to pay for premiums which had doubled or tripled since the previous year and a deductible in the hundreds of thousands of dollars range. Homeowner insuranc ...

Communicating with Tenants about the Rent Repayment Plan

August 25th, 2020

COVID-19 has made life difficult for both landlords and tenants. Tenants have struggled to pay rent, landlords have been left out of pocket with bills to pay, and anyone with a vacant unit to rent will have noticed how slow the market has become. People are unwilling to make a change in these uncertain times.

Now that the state of emergency for COVID-19 has ended, landlords can issue a repay ...

Metro Vancouver housing market sees steady summer activity

August 5th, 2020

Metro Vancouver housing market sees steady summer activity

 

Home buyer and seller activity in Metro Vancouver* exceeded historical levels in July.

 

The Real Estate Board of Greater Vancouver (REBGV) reports that residential home sales in the region totalled 3,128 in July 2020, a 22.3 per cent increase from the 2,557 sales recorded in July 2019, and a 28 per cent increase from the 2,443 ...

Steady increases in home sale and listing activity continue in June

July 3rd, 2020

Steady increases in home sale and listing activity continue in June

 

Home buyers and sellers have gradually become more active in each month of the COVID-19 pandemic. In June, home sale and listing activity in Metro Vancouver* returned to more historically typical levels.

 

The Real Estate Board of Greater Vancouver (REBGV) reports that residential home sales in the region totalled 2,443 ...

Home prices remain steady

June 2nd, 2020

Home prices remain steady, buyers and sellers become more comfortable operating in today’s market

 

Metro Vancouver home prices have remained steady since provincial health officials implemented physical distancing requirements in March.

 

The Real Estate Board of Greater Vancouver (REBGV) reports that the MLS® Home Price Index1 composite benchmark price for all residential properties in ...

Home sales and listings down amid COVID-19

May 4th, 2020

Home sales and listings down amid COVID-19, new tools and practices emerge to help buyers and sellers adapt

 

While Metro Vancouver home sale and listing activity remains limited by the COVID-19 situation, REALTORS® across the region are fast adopting new tools and practices to help advise and serve their clients in a responsible way. 

  

The Real Estate Board of Greater Vancouver (REBGV) ...

Home buyers and sellers adjust their activities in March amid challenging circumstances

April 2nd, 2020

Home buyers and sellers adjust their activities in March amid challenging circumstances

 

Metro Vancouver’s* housing market saw steady home buyer demand to begin March and a levelling off of activity as the month went on and concerns about the COVID-19 outbreak intensified. 

 

The Real Estate Board of Greater Vancouver (REBGV) reports that residential home sales in the region totalled 2 ...

Commercial real estate activity remains below the pace of recent years

April 2nd, 2020

Commercial real estate activity remains below the pace of recent years

 

Sales and dollar value activity in the Lower Mainland’s commercial real estate market declined in 2019 compared to long-term historical averages.

 

There were 1,538 commercial real estate sales in the Lower Mainland in 2019, a 32.8 per cent decrease from the 2,288 sales in 2018 and a 41.5 per cent decline compared to ...

Steady demand and low supply benefits home sellers

March 3rd, 2020

Steady demand and low supply benefits home sellers

 

February saw steady home buyer demand and reduced home seller supply across Metro Vancouver.

 

The Real Estate Board of Greater Vancouver (REBGV) reports that residential home sales in the region totalled 2,150 in February 2020, a 44.9 per cent increase from the 1,484 sales recorded in February 2019, and a 36.9 per cent increase from th ...

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