Investing in real estate is a time-tested way to build wealth, and in Canada, North Vancouver has emerged as a hot spot for both local and international investors. Known for its scenic beauty, vibrant community, and solid property values, North Vancouver has become a preferred destination for those looking to secure valuable property in an appealing locale. In 2024, this area offers unique opportunities and compelling reasons to invest, thanks to its growth potential, diverse housing options, and strong rental market. Let’s explore why North Vancouver real estate is a smart investment this year.

1. Robust Market Growth and Stability

One of the most compelling reasons to consider investing in North Vancouver real estate is the area's strong,…

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Rising Home Sales: A Sign of Market Shift in the Fraser Valley?

SURREY, BC – Home sales in the Fraser Valley increased for the first time in five months following a sizable interest rate cut by the Bank of Canada in October.

The Fraser Valley Real Estate Board recorded 1,330 sales in October, up 35 per cent from September, and 37 per cent year-over-year.

“After waiting it out on the sidelines for a number of months, buyers seem to be finally responding to the series of successive rate cuts by the Bank of Canada,” said Jeff Chadha, Chair of the Fraser Valley Real Estate Board. “Whether this is an indication of further sales trends, remains to be seen, especially as the feds eye a possible additional cut before year-end.”

New listings…

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Buyer Demand Surges in October

VANCOUVER, BC – November 4, 2024 – After months of tracking approximately twenty percent below the ten-year seasonal average, Metro Vancouver home sales surged more than 30 percent year-over-year in October.

The Greater Vancouver REALTORS® (GVR) reports that residential sales registered on the Multiple Listing Service® (MLS®) in the region totaled 2,632 in October 2024, a 31.9 percent increase from the 1,996 sales recorded in October 2023. This was 5.5 percent below the 10-year seasonal average (2,784).

“Typically, reductions to mortgage rates boost demand, and the strong October sales numbers suggest buyers may finally be responding to lower borrowing costs after waiting on the sidelines for months,” said Andrew…

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Vancouver recently took a landmark step in re-envisioning how the city's rich and varied heritage is recognized and preserved. The Vancouver Heritage Register (VHR), a vital record of the city's cultural and historical assets, has been upgraded to better reflect the depth and diversity of Vancouver's cultural landscape. This modernization aims to honor Indigenous histories, recognize intangible cultural elements, and provide clearer guidance for property owners, developers, and the public. The upgrade is part of a broader vision of reconciliation and inclusivity, essential for a city as multicultural as Vancouver.

Why Update the Vancouver Heritage Register?

The VHR has traditionally focused on physical, often Eurocentric, elements of Vancouver’s…

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When searching for apartments for sale in North Vancouver, it's crucial to approach each viewing with a strategic mindset. Knowing what to look for, what questions to ask, and how to assess each property effectively can make a significant difference in your decision-making process. This checklist will guide you through the essential steps to take when viewing apartments in this vibrant area.

1. Understand Your Must-Haves and Deal Breakers

 


Essential Features and Amenities

It's important to clearly define what features and amenities you cannot compromise on. This list can include the number of bedrooms and bathrooms, the necessity of public transit access, specific pet policies, and desired amenities such as in-suite laundry or a dishwasher.…

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Nestled along North Vancouver’s lush mountainsides, Capilano is a treasure trove of natural beauty, community warmth, and outdoor adventure. Known for its scenic landscape and tight-knit community vibe, Capilano offers an inviting escape from the city's hustle while still being close enough to enjoy urban conveniences. But what makes this area a hidden gem? Let’s dive into the many facets of life in Capilano, from its iconic river to its charming homes, all painting a picture of why so many choose to call this place home.

Capilano’s Unique Geography and Landscape

The Iconic Capilano River

The Capilano River is the heartbeat of this area, flowing with vigor through North Vancouver. With nearby trails and viewing platforms, residents and visitors…

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In Vancouver, duplex homes have surged in popularity as an ideal choice for families, investors, and anyone interested in sustainable urban living. With options to live in one unit and rent out the other, duplexes offer flexibility and a valuable income stream. But what exactly makes duplexes so attractive in today’s market? Let’s dive in.

Exploring Vancouver’s Vibrant Duplex Market

Key Areas for Duplex Homes in Vancouver

Vancouver’s real estate market is home to diverse neighborhoods, each with unique perks for duplex buyers. Here’s a quick overview of some of the top locations where duplex properties are in high demand.

East Vancouver: A Family-Friendly Investment Choice

Known for its eclectic vibe and family-friendly amenities, East…

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Looking for fun and exciting things to do in Vancouver this weekend? You’re in luck! Whether you're a local or just visiting, Vancouver offers a wide range of activities that promise to make your weekend memorable. From nature-focused events to delicious food festivals and magical light shows, there’s something for everyone. Let's dive into the top things to do in Vancouver this weekend, from October 25 to 27, 2024.

Why Vancouver is the Perfect Weekend Destination

Vancouver is a city that thrives on its diversity, with its vibrant arts scene, incredible food culture, and outdoor activities that cater to every type of adventurer. Whether you love hiking, eating your way through local cafes, or experiencing cultural events, there’s always something…

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More Good News On The Canadian Inflation Front

The Consumer Price Index (CPI) rose 1.6% year over year in September, the slowest pace since February 2021 and down from a 2.0% gain in August 2024. The main contributor to headline deceleration was lower year-over-year gasoline prices in September (-10.7%) compared with August (-5.1%). The all-items CPI, excluding gasoline, rose 2.2% in September, matching the increase in August for this measure.

Although the rate at which prices increase has slowed, price levels remain elevated. Compared with September 2021, the CPI rose 12.7% in September. Canadians continue to feel the impact of higher price levels for day-to-day basics such as rent (+21.0%) and food purchased from stores (+20.7%), which increased…

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Following the Bank of Canada’s third interest rate cut of the year, national home sales increased slightly in September compared to August. This follows a similar pattern of gains recorded in the months following the first two rate cuts.

Home sales recorded over Canadian MLS® Systems climbed 1.9% month-over-month in September 2024, reaching their highest level since July 2023. The Greater Toronto Area, Hamilton-Burlington, Montreal and Quebec City, Greater Vancouver, and Victoria led the national increase.

“Sales gains are now three for three in the months following interest rate cuts, which is a trend even though the increases weren’t headline-grabbing,” said Shaun Cathcart, CREA’s Senior Economist. “That said, with the pace of rate cuts now…

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