Increased seller activity is giving buyers more choice this spring.

The number of Metro Vancouver1 homes listed for sale on the MLS® rose nearly 23 per cent year-over-year, providing more opportunity for buyers looking for a home this spring.

The Greater Vancouver REALTORS® (GVR) reports that residential sales in the region totalled 2,415 in March 2024, a 4.7 per cent decrease from the 2,535 sales recorded in March 2023. This was 31.2 per cent below the 10-year seasonal average (3,512).

“If you’re finding the weather a little chillier than last spring, you may find some comfort in knowing that the market isn’t quite as hot as it was last spring either, particularly if you’re a buyer,” Andrew Lis, GVR’s director of economics and data analytics…

523 Views, 0 Comments

Welcome to the vibrant world of Chilliwack real estate, where opportunities abound for both buyers and sellers. Nestled in the heart of British Columbia, Chilliwack is not just a city—it's a gateway to both urban convenience and serene natural beauty. This article embarks on a journey through the Chilliwack real estate market, offering insights, tips, and advice to navigate it with ease.

The Appeal of Chilliwack

Geographic Benefits

Chilliwack's unique location offers the best of both worlds—a peaceful, picturesque setting alongside easy access to major urban centers. Its proximity to Vancouver, combined with its own rich array of amenities, makes Chilliwack a coveted location for homeowners and investors alike.

Economic Growth and…

4350 Views, 0 Comments

March home sales growth off last month’s pace, but supply still building in the Fraser Valley.

Home buyers in the Fraser Valley have more choice heading into the spring market with inventory levels for March at the highest they’ve been in the past five years.

However, March sales were slower than anticipated with 1,395 transactions recorded on the Fraser Valley Real Estate Board’s Multiple Listings Service® (MLS®), a 13 per cent increase over February, but still 31 per cent below the 10-year average. Sales were the second lowest recorded for a March in a decade. Active listings were 6,197, up by 11 per cent over last month and by 37 per cent over March 2023.

“With inventory building, buyers now have more opportunities in both the detached and…

423 Views, 0 Comments

Welcome to Mount Pleasant, a vibrant and eclectic neighborhood in the heart of Vancouver, BC, renowned for its rich history, diverse community, and thriving real estate market. Whether you're a potential homebuyer, a real estate investor, or simply curious about what makes Mount Pleasant so unique, this guide is your starting point to exploring the myriad opportunities this neighborhood offers.

The Appeal of Mount Pleasant

Mount Pleasant stands out for its perfect blend of historical charm and modern convenience. From heritage homes to contemporary condos, the area boasts a wide range of housing options to suit every preference. Its streets are lined with artisan cafes, unique boutiques, and green spaces, making it a desirable location for those…

2083 Views, 0 Comments

Yaletown, nestled in the heart of Vancouver, BC, stands out as a testament to urban renewal and sophistication. Once a hub for heavy industry, the area has undergone a remarkable transformation, emerging as a premier destination for living, working, and entertainment. Today, Yaletown is celebrated for its historic buildings, vibrant nightlife, upscale boutiques, and waterfront parks, making it a highly sought-after locale for investors and homebuyers alike.

A Brief History of Yaletown's Transformation

The transformation of Yaletown from an industrial district to a thriving urban neighborhood is a story of visionary urban planning and investment. The area's redevelopment in the late 20th century, catalyzed by Expo 86, paved the way for a mix of…

2623 Views, 0 Comments

Welcome to Mount Pleasant, a vibrant neighborhood that perfectly encapsulates the spirit of Vancouver. Nestled between the bustling city center and the serene residential areas, Mount Pleasant stands out as a community with a unique blend of historical charm and contemporary flair. Whether you're a first-time homebuyer, a seasoned investor, or simply in search of a new neighborhood to call home, Mount Pleasant offers an array of opportunities to suit every lifestyle.

Why are so many drawn to this hidden gem? It's not just the unbeatable location or the diverse housing options that catch the eye. It's the sense of community, the rich history, and the thriving arts and culture scene that truly make Mount Pleasant a place to be desired. As we embark on…

1942 Views, 0 Comments

Canadian real GDP grew 0.6 per cent in January, following a 0.1 per cent contraction in December. The growth was driven by services-producing sectors, which rose by 0.7 per cent. The resolution of public sector strikes in Quebec led to a jump in educational and social services GDP, reversing declines in the prior two months. Residential construction activity fell by 1.5 per cent, declining for the third consecutive month following a burst of activity in the summer and fall. Offices of real estate agents and brokers increased for the second consecutive month, rising 4 per cent as higher home sales in the greater Toronto region contributed to growth. Preliminary estimates suggest that output in the Canadian economy rose 0.4 per cent in February.

As…

329 Views, 0 Comments

Welcome to Strathcona Real Estate, Vancouver's historic gem and a coveted place to call home. Nestled within the heart of the city, Strathcona stands out with its unique blend of heritage, community, and modern living. Whether you're a first-time homebuyer or seeking your next investment, Strathcona offers a diverse range of homes to suit every taste and lifestyle. Join us as we explore what makes Strathcona not just a place to live, but a place to thrive.

Why Choose Strathcona?

A Brief History of Strathcona

From its early days as a settlement for workers on the Canadian Pacific Railway to its status today as a vibrant urban neighbourhood, Strathcona's evolution is a testament to its resilience and charm. It’s a neighbourhood that has retained…

1430 Views, 0 Comments

Welcome to South Granville, a prestigious neighborhood in Vancouver, BC, known for its luxury homes, vibrant cultural scene, and exceptional quality of life. This guide offers an in-depth look into South Granville real estate, exploring the allure, market trends, architectural styles, and living experience in this sought-after area. Whether you're a potential homebuyer, investor, or simply intrigued by Vancouver's luxury living, join us on this journey through South Granville.

The Allure of South Granville

The Historical Context

South Granville's roots run deep, with a rich history that adds to its unique charm. From early 20th-century estates to contemporary architectural marvels, the neighborhood boasts a diverse tapestry of properties that…

1585 Views, 0 Comments

Welcome to Anmore, Vancouver BC's best-kept secret in luxury living and real estate investment opportunities. Nestled amidst lush forests and tranquil lakes, Anmore offers an escape to nature with the comforts and conveniences of modern living. This guide embarks on a journey to explore the allure, market trends, and investment potential that make Anmore a unique place to live and invest.

The Allure of Anmore

What makes Anmore stand out is its seamless blend of natural beauty and luxury. With sprawling estates and breathtaking landscapes, residents enjoy privacy, exclusivity, and a quality of life unmatched in many other regions. The charm of Anmore lies in its peaceful environment, away from the hustle and bustle, yet conveniently close to the…

1228 Views, 0 Comments