BC Home Sales to Rise in 2019
Posted on Nov 09, 2018 in Real Estate News
BCREA 2018 Fourth Quarter Housing Forecast
Vancouver, BC – November 8, 2018. The British Columbia Real Estate Association (BCREA) released its 2018 Fourth Quarter Housing Forecast today.Multiple Listing Service® (MLS®) residential sales in the province are forecast to decline 23 per cent to 80,000 units this year, after recording 103,768 residential...
Real Estate & Wildfire Season
Posted on Aug 14, 2018 in Real Estate News
Insurance and Wildfires:
As we move further into summer, the smokey haze has become a common backdrop invading the scenic blue skies over the last few years. As of August 14, 2018 more than 600 active fires were burning throughout BC, with evacuation orders and alerts impacting hundreds of properties. From a real estate perspective, it’s important f...New Mortgage Qualification Rules Temper Housing Demand
Posted on Mar 14, 2018 in Real Estate News
Vancouver, BC – March 14, 2018. The British Columbia Real Estate Association (BCREA) reports that a total of 6,206 residential unit sales were recorded by the Multiple Listing Service® (MLS®) across the province in February, a 5.7 per cent decrease from the same period last year. The average MLS® residential price in BC was $748,327, up 8.8 per cen...
Princeton BC Real Estate Year in Review
Posted on Jan 05, 2017 in Real Estate News
A Personal Reflection in 2016
With so much of this craziness coming from the Lower Mainland it's no wonder Princeton's real estate market was hot. I met many Vancouverites that finally had enough of the rat race from the Lower Mainland. They were drawn to Princeton's better quality of life and it's friendly sense of community.
Over the previous year...
BC Real Estate: The Good, The Bad, The Ugly
Posted on Jan 03, 2017 in Real Estate News
The Ups & Downs of BC Real Estate in 2016
What a year it’s been for real estate in BC. It was a roller coaster ride of positive and negative news, from soaring values in Vancouver to the shadow flipping scandal, the foreign buyers tax, tough new mortgage policies and then Donald Trump’s US presidential election win… 2016 has seen it all. Here are th...
BC Offers Interest Free Loans to Home Buyers
Posted on Dec 16, 2016 in Real Estate News
Premier Christy Clark announced December 15 a new government-backed loan program, which will lend homebuyers in BC up to $37,500 towards a down payment for their first home. The B.C. HOME Partnership program will match the amount first-time homebuyers have saved towards a down payment, up to a maximum of $37,500, and no more than five per cent of t...