News: Vancouver Real Estate Market

An increase in newly listed properties is providing more choice to home buyers across Metro Vancouver, but sales remain below long-term averages.

 The Real Estate Board of Greater Vancouver (REBGV) reports that residential sales in the region totalled 1,996 in October 2023, a 3.7 per cent increase from the 1,924 sales recorded in October 2022. This total is 29.5 per cent below the 10-year seasonal average (2,832) for October.

Continuing the trend that has emerged in the housing market this year, the benchmark price for all home types in Metro Vancouver1 increased in June as home buyer demand butted up against a limited inventory of homes for sale in the region.

REBGV 

I get asked this question all the time. The answer really depends on two factors. 1. The area. Despite what you may hear in the media, there is no Canadian real estate market. All real estate markets are hyper local. 2. The type of product. Are we talking about condos, town houses or single family homes.

If you would like the local real estate statistics for your area simply send me an email and I would be happy to forward you a copy.

This video makes me feel like travelling. Where is your favourite beach vacation?

The beach at Oasis is one of kind with very creative convertible solariums for year-round indoor-outdoor living. Very cool!

First release of West Tower SOLD OUT! East Tower new release includes penthouses and select 1, 2, and 3 bedroom homes! Message us for a private viewing.

Call 604 340 4400 to book a private appointment today!

Let’s take a look at the process behind buying and selling a home, and the value our passionate real estate team can provide.

Our team believes in the value of real estate and that owning real estate is the foundation to building long term wealth.

To be a successful homebuyer, particularly in challenging markets, you need someone with experience, to support and guide you through the process, and that’s where the Reimers Group comes in. There is a lot of free information out there, but...

We’d be honoured to partner with you on your real estate journey. We offer personal one-on-one expert advisory services gained from years of front-line experience. Leverage our knowledge and negotiation skills today and make sure you have us on your side! First-class marketing using every available tool to market and sell your home is what you can expect! If you're thinking it - we're doing it! Reach out today to get started - 604-340-4400.

The Contract of Purchase and Sale (CPS) is one of the key documents used in a real estate transaction. The attached video created by the British Columbia Real Estate Association (BCREA) will help you understand and answer some of the common questions, such as:

• When does the process begin and when is the Contract of Purchase and Sale used?
• What do the terms in the contract mean?
• What information is included in the Contract of Purchase and Sale?

If you want to know more about the CPS form, feel free...

In short, yes, absolutely! Home staging is critical to ensure your home looks and feels its best. Think of home staging like dressing a home. You dress it with complimentary "clothes" so it looks it's best.

Staged homes photograph better so when potential buyers see it online, or in print, they have already formed a positive opinion. Staged homes sell quicker, and because they sell quicker, they typically sell for a higher price. We highly recommend staging for all our properties and provide a free...

We work with the best Home Stagers in the industry to get your home looking it's very best. For a few more home staging tips read the article Staging Your Home To Sell. If you have any questions about home staging please let us know.