News: Vancouver Real Estate Market


Survey Highlights:

  • 40% of boomer homeowners have at least half of their net wealth in real estate
  • 52% of boomer homeowners would prefer to renovate their current property over moving
  • 17% of boomer homeowners currently own more than one property
  • 64% of boomer homeowners are mortgage-free
  • 25% of boomers say they have or would assist a child financially to buy a home

TORONTO, June 30, 2021 – According to a recent Royal LePage survey of boomers in Canada, defined by StatsCan as having been born...

Read full post

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 lines bad for your health? Is it safe to live near power lines? How much do power lines effect home...

Read full post

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 in April 2021.

Last month’s sales were 27.7% above the 10-year May sales average.

"While home...

Read full post
Blogs
Posts By Date
Categories
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.