REAL ESTATE MARKET UPDATE – AUGUST 2020

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Another Month of Strong Property Sales We hade another strong month for sales after the low sales and steady prices that occurred due to COVID-19 in the spring period. The buyers were back in the market throughout the summer with the lower mortgage rates. Unit sales showed a very significant increase over the last year, […]

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Real Estate Market Update – June 2020

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Steady Growth of Sales and Listings (17% More Sales Compared to Last Year) The Real Estate Market Update for June 2020 shows a strong come back in unit sales, not only over last month but also compared to last year’s same month as well. The market continued its growth of activity during the COVID-19 pandemic. […]

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Real Estate Market Update- May 2020

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Stable Prices Under COVID-19 Measures The Real Estate Board of Greater Vancouver announced the May 2020 Real Estate Market report. According to the report, the overall house prices had 1.4% INCREASE over last month, April 2020. Although the overall house sales showed a DECREASE of 43% compared to last year (May 2019), there was a total […]

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Is Now a Good Time to Buy or Sell Real Estate?

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Traditionally, spring is one of the busiest times of the year for real estate. But the coronavirus outbreak—and subsequent stay-at-home orders—led many buyers and sellers to put their moving plans on hold. In April, sales volume fell to its lowest level since 1984, according to the Canadian Real Estate Association.1 However, while sales have fallen, […]

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Real Estate Market Update- APRIL 2020

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Stable Prices Despite Less Transaction A few days ago, the Greater Vancouver Real Estate Board (REBGV) released the April Greater Vancouver Real Estate Report. The following data are worthy of attention: Turnover: The total number of home transactions in April was 1,109 units, a decrease of 39.4% compared to April last year and a significant […]

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20 Ways to Save Money and Stretch Your Household Budget

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These days, it seems like everyone’s looking for ways to cut costs and stretch their income further. Fortunately, there are some simple steps you can take to reduce your household expenses without making radical changes to your standard of living. When combined, these small adjustments can add up to significant savings each month. Here are […]

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