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REAL ESTATE UPDATE

Is it safe to live near power lines?
If you've been looking for a home to buy in Greater Vancouver or really anywhere in British Columbia for that matter, chances are high you’ve seen a home near power lines. Quite often the house you see is one you'll really like and you'll start questioning what affects the transmission lines will have on the property. Do power lines effect property values? Do power lines cause cancer? Are power...
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STEADY HOME SALE AND LISTING ACTIVITY IN MAY
The Metro Vancouver housing market saw steady home sale and listing activity in May, a shift back from the record-breaking activity seen in the earlier spring months. The Real Estate Board of Greater Vancouver (REBGV) reports that residential home sales in the region totalled 4,268 in May 2021, a 187.4% increase from the 1,485 sales recorded in May 2020, and a 13% decrease from the 4,908 homes sold...
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INCREASING NUMBER OF CANADIANS ANXIOUS ABOUT MISSING OUT ON THEIR FIRST HOME DUE TO AN INSUFFICIENT DOWN PAYMENT
Highlights: 75% of first-time homebuyers in Toronto and 69% in Vancouver reported feeling worried that they would not have a large enough down payment to purchase a home (68% and 58% in 2019, respectively) In Montreal, 63% of survey respondents felt worried about the size of their down payment before purchasing their first home, in line with the national average of 62% First-time homebuyers in all regions,...
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The data relating to real estate on this website comes in part from the MLS® Reciprocity program of either the Real Estate Board of Greater Vancouver (REBGV), the Fraser Valley Real Estate Board (FVREB) or the Chilliwack and District Real Estate Board (CADREB). Real estate listings held by participating real estate firms are marked with the MLS® logo and detailed information about the listing includes the name of the listing agent. This representation is based in whole or part on data generated by either the REBGV, the FVREB or the CADREB which assumes no responsibility for its accuracy. The materials contained on this page may not be reproduced without the express written consent of either the REBGV, the FVREB or the CADREB.