From haunted houses to Tokyo's teardown trend, the real estate world is full of surprises! Did you know McDonald's is a real estate empire, not just burgers? 🍔🏠 Or that a red front door in Scotland means...
Vancouver's 2025 Budget: Property Tax Hike Ahead?
Vancouver City Council is considering a 5.5% property tax increase for 2025, with rising costs and infrastructure projects driving the budget.
What’s your take on this proposed hike? 🏠
#VancouverBudget...
Vancouver Commercial Rents on the Rise!
Vancouver's commercial rents climbed 2.4% in Q3 2024, outpacing B.C. & Canada! 💼🏢 Steady demand seen across office, retail, and industrial spaces.
#VancouverRealEstate #CommercialRents #MarketTrends...
Goodbye, Polka-Dot House
East Vancouver bids farewell to its iconic polka-dot home, a joyful landmark for over 30 years. Once owned by chef Chuck Currie, it will be refurbished with a nod to its legacy—a polka-dot mini library....
Greater Vancouver Home Sales Surge in October Amid Lower Borrowing Costs
Greater Vancouver home sales surged 32% in October with rates dropping! Signaling a potential market rebound. Is this the start of a new trend?
#VancouverRealEstate #MarketUpdate
Click here for more info....
Vancouver's Housing Boom: 58,000 Homes in Development Pipeline!
Vancouver’s housing development is ramping up! With 58,000 homes in the pipeline, the city is on track to exceed housing targets by 2028, aiming to address growing demand. From rental approvals to major...
BC Tenant Fights for $200 Pet Deposit Return in Tribunal
A BC tenant successfully challenged a $200 pet deposit deduction after a tribunal found no proof of pet-related damage or agreed pet limit. The landlord had withheld funds, claiming extra cleaning costs...
Metro Vancouver's Housing Crisis Grows
Over 45,000 homes short and counting! Metro Vancouver faces a severe housing shortfall, expected to reach nearly 49,000 by 2031. With skyrocketing population growth, Surrey will become the largest city...
OSFI Drops Stress Test for Uninsured Borrowers Switching Lenders!
Starting November 21st, uninsured mortgage holders in Canada can switch lenders at renewal without the stress test if their loan amount and term stay the same.
How will this impact lender competition? ...
Could Luxury Housing Help Solve Vancouver's Affordability Crisis?
Could more luxury developments help make housing in Vancouver more affordable? Economist Michael Wiebe believes so, citing "vacancy chains." Others disagree. What do you think?
Full article here: h...
🚧 Big Changes Coming to Burnaby Lougheed Neighbourhood! 🚧
Burnaby just approved two massive towers at Lougheed Town Centre! 🏙️ One will be 80 storeys tall—the tallest in Western Canada. These new developments bring over 1,400 condos, retail, and office spaces....
Just Sold: 112-Year-Old Vancouver Home!
This 2 bed, 2 bath home might look rough, but it still sold for $1.35M! 💰 Only $45K was for the house itself—the rest? All land value! 🌲🏞️
Would you buy a home for the land alone? Or would you prefer...
Big News for Homebuyers!
Ottawa is expanding 30-year amortizations and raising the insured mortgage cap to $1.5M! This could lower monthly payments and make homeownership more accessible, especially for first-time buyers. ...
Price Slashed, Yet No Buyer: Arthur Erickson's Vancouver Marvel Struggles to Sell
This stunning Vancouver home, designed by legendary architect Arthur Erickson, can't seem to find a buyer despite several price cuts. Originally listed at $16.8M in 2018, it’s now down to $7.98M—but still...
Gen Z and Millennials: Still Dreaming of Home Ownership Despite Challenges
Despite rising home prices and financial hurdles, 84% of Canadians aged 18-38 believe owning a home is a valuable investment. Many are willing to make sacrifices, from saving diligently to cutting discretionary...
BC Builds: 1,200 Affordable Rental Homes Coming to Metro Vancouver
BC is tackling the housing crisis head-on with new rental homes in Langley and Burnaby—helping everyday heroes like teachers and nurses stay in the communities they love. Affordable, sustainable, and built...
The Bank of Canada Cuts Lending Rate: What It Means for Canadians
The Bank of Canada has cut its overnight lending rate from 4.5% to 4.25%, marking the third rate cut this year. This move aims to manage inflation, which has slowed to 2.5%. The rate cut makes borrowing...
3 Lists for Selling Your Home With
When you put your property up for sale, you want to ensure that potential buyers get all the information they need on the features of your home and its surrounding area. For example, if a buyer doesn’t...
The Devil’s in the Details: Home Insurance Coverage
When you suffer damage to (or the loss of) your home or its contents, you expect your insurance company to come to the rescue, and most do.
Still, it’s a good idea to review your policy with your insurance...
June 2024 Market Update
Metro Vancouver home sales remained below seasonal and historical averages in June. Inventory has continued to accumulate to levels last seen in the spring of 2019.
Home sales totaled 2,418 that is a 19%...