Found 2 blog entries tagged as condos.

Living in a Vancouver condo offers convenience and an exciting urban lifestyle – but it also comes with its own set of considerations. Whether you’re a first-time buyer, an investor looking at properties in the city, or a newcomer to Canada eager to call Vancouver home, it’s important to go in with eyes open. Vancouver’s real estate scene is unique, from its strata bylaws to its high-rise buildings by the harbour. Here are five key things to remember (and thoroughly evaluate) if you plan to live in a condo in Vancouver.

1. Strata Fees and Ongoing Costs Are Part of the Package

One of the biggest adjustments for new condo owners is budgeting for strata fees (also known as condo maintenance fees) and other ownership costs. In Vancouver, these monthly…

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May Brings Much-Needed Lift to Fraser Valley Housing Market

SURREY, BC – On the heels of a quiet April, Fraser Valley home sales saw a modest but encouraging uptick in May — a sign that buyer confidence may slowly be returning to the market.

The Fraser Valley Real Estate Board recorded 1,183 sales on its Multiple Listing Service® (MLS®) in May, up 13 per cent from April. Despite the increase, sales were 22 per cent below May 2024 levels and 36 per cent below the 10-year seasonal average.

Overall inventory continues to build, with active listings up six per cent in May to 10,626, an increase of 34 per cent year-over-year and 54 per cent above the 10-year seasonal average. New listings increased seven per cent from April to May, reaching 4,007.

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