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REAL ESTATE BLOG

April 26th, 2024

Canadian Real Estate Market Hits Critical Tipping Point: Royal LePage Upgrades National Home Price Forecast

April 26th, 2024
CLICK HERE TO READ THE FULL REPORT Royal LePage is forecasting that the aggregate price of a home in Canada will increase 9.0 per cent in the fourth quarter of 2024, compared to the same period last year. Based on stronger-than-expected first quarter results, the previous forecast has been upgraded nationally and in most major markets.According to the Royal LePage House Price Survey re ...

New Price Sunshine Coast: Thormanby Island Property with Cottage

April 23rd, 2024
ALMOST $100,000 PRICE DROP ON THIS PERFECT CORNER LOT BACKING ONTO FOREST AND STEPS TO THE BEACH. Located on one of British Columbia’s only white sandy beach islands, this is the place for family memories in the making. Weekend getaways are easy with a short 2 ½ hour car and ferry ride from Vancouver or 20 minutes by sea plane. This spacious corner lot with cozy cottage is located steps ...

UPDATE: New Price on 1.8 Acres Just 20 Minutes Outside Pemberton

April 11th, 2024
This stunningly private property in Devine, BC sits on 1.82 acres of land and is now priced at $1,050,000. The two-story house has four bedrooms, three bathrooms, a living room, a kitchen, dining, and a family room. The wrap-around deck offers amazing views of the mountains and forest and is perfect for day or evening relaxation. There is a lot of expansion potential in the home as well as th ...

Interest Rates Stay: Homebuyers Rebooting Purchase Plans

April 11th, 2024
After a stronger-than-anticipated first quarter, upward pressure on home prices is rising. Previously sidelined homebuyers are rebooting their purchase plans in anticipation of tight competition following an expected easing of interest rates later this year. Some key highlights from the report:* National aggregate home price expected to rise 9.0% year over year in Q4 of 2024 (up from previous ...

Vancouver's Real Estate Market: Insights from Q1 2024

April 10th, 2024
The Greater Vancouver real estate market has maintained its upward trajectory with increased sale prices and burgeoning market activity throughout the initial quarter of 2024. Presently, the average property in Vancouver commands a price of $1,318,535, which represents yearly price growth of 3.9%. Since the year's commencement, home values have surged by 6%, equating to a noteworthy $76,463 i ...

Listing Recap + Updates

April 9th, 2024
Inspired by the growing craft beer market in British Columbia, Rob and Diane Milne purchased the land in 2016 and started Myrtle Meadows Hops Farm. With 40 acres of the property devoted to fifteen varieties of hops, they are recognized as growers of premium hops for craft brewers. The business is operated by a team of experts and state-of-the-art technology, enabling it to thrive in Pemberton ...

Love for recreational living remains strong even during economic downturn

March 28th, 2024
The Royal LePage 2024 Spring Recreational Property Report, which includes national and regional price data and insights from experts in real estate markets nationwide, was distributed to the media this week. I’ve been British Columbia’s Whistler/Pemberton contributor for several years and look forward to the Report’s release each year. As I said in my interview with Glacier Media Group, the m ...

Unlock the Door to Your Dream Home: What $1 Million Can Get You in Canada's Real Estate Market

March 23rd, 2024
If you're planning to buy a home in Canada with a budget of $1 million, you might be wondering what you can expect to get for your money. In some of Canada's big cities, you'll need a little over a million dollars to get a foot on the property ladder, but in other areas, you might find a larger or upgraded property with the same budget. Take a look at what you can expect to get for your $1 mi ...

Whistler's Expansive Recreation Property Finds a New Owner at $10.35 Million

March 23rd, 2024
A rare piece of undeveloped land in Whistler recently sold for $10.35 million. The property was purchased by a Vancouver-based businessman and is expected to have a positive impact on recreational property values and markets in Whistler and Pemberton.


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