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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Are You Covered? The Rising Insurance Premium

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Strata Insurance Rates are Rising Understand the risks and protect yourself from them What has changed? Over the course of 2019, strata corporations across Canada either received notice of a premium and/or deductible increase on renewal of their building insurance policies, or were advised that they should budget for increases on their next renewal. In B.C.’s Lower Mainland […]

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2020 Outlook: Real Estate Market Forecast

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After a two year slump, the future’s looking bright again for Canadian real estate. Economists expect positive growth in the national housing market in 2020, supported by low mortgage rates, a solid job market, and a rising population. In fact, in a recent report, RBC Economics called 2019 a “turning point for Canada’s housing market.”1 […]

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