Category: Uncategorized
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Happy Long Weekend
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West Vancouver Market Update
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Fraser Valley Market Update
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Greater Vancouver Market Update
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Late-Q2 Home Prices by Property Type in Metro Vancouver
The benchmark price for all home types in Metro Vancouver ↑ in June as home buyer demand butted up against a limited inventory.The benchmark price for a detached home is $1.9M, ↓ 3.2% yearly, and ↑ 1.9% MoM.
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How much you need to earn for a 1,500 sq ft home in Vancouver
Purchasing a 1,500 sq ft home in Vancouver is an expensive endeavor, with the median price of such a home being around $1.3 million. This is a large sum of money to afford such a property, making it an unattainable goal for many prospective buyers. Continue to full article
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Vancouver housing: Cost to rent an apartment in July 2023
Rental prices in Metro Vancouver have increased for the fourth consecutive month, with the average price of a one-bedroom unfurnished apartment increasing by $51 from June to July. Prices have risen year-over-year as well, with an increase of $352 since July 2022. All of the top five most expensive cities for renters in Canada are…
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Resilient Luxury Real Estate Markets Around Canada
Canadian luxury Real Estate markets show strong and stable growth. Montreal's Westmount and Outremont neighborhoods saw home values ↑ $1M over a 10-yr period. Ottawa's premium market prices ↑ 3% for homes valued between $1M and $3.99M from January to June.
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Vancouver Housing Market Rises Again
Vancouver's housing market is one of the world's richest and most expensive. The surge in prices is due to a shortage of new houses and the expectation that interest rates will come down in Canada. Rates are currently 4.75%, and inflation has risen 17% over the last 5 years. Modest houses in Vancouver cost a…