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Royal LePage’s Q4 2023 Home Price Update and Market Forecast

February 8th, 2024
The Royal LePage Home Price Update and Market Forecast, distributed each quarter, includes price data and insights from experts in 63 real estate markets across the country, as well as national and regional forecasts. Despite a continued slowdown in market activity in the later months of 2023, Royal LePage expects sidelined buyers to re-engage in the first quarter of 2024 ahead of expected r ...

New Housing Legislation to Look Out For in 2024

February 8th, 2024
With a new year now underway, Canadians can expect to see a variety of changes coming to federal, provincial and local government housing legislation in 2024.  From updated taxes to revised urban planning regulations, new housing laws and policies will roll out across the country in the coming months. Several of these policies promise to boost much-needed housing supply, which remains at a c ...

Lower Mainland 2024 Property Assessment Update

January 4th, 2024
In the next few days, owners of more than a million properties throughout the Lower Mainland can expect to receive their 2024 assessment notices which reflect market value as of July 1, 2023. "Across the Lower Mainland and throughout B.C., the overall housing market has generally stabilized in value," says BC Assessment Assessor Bryan Murao. "Most homeowners can expect only modest changes in ...

DECEMBER MARKET STATS

December 31st, 2023

National Aggregate Home Price Forecast to Increase

December 22nd, 2023
Following several years of unprecedented ups and downs, Canada’s housing market could return to more normal levels of activity and price trends next year. The Bank of Canada is expected to lower its overnight lending rate in the second half of 2024, which will lead to an increase in demand from sidelined buyers as they adjust to today’s lending realities. READ THE FULL STORY HERE

Royal LePage Releases Its 2023 Winter Recreational Property Report

December 1st, 2023
Royal LePage just released its 2023 Winter Recreational Property Report, and I am honoured to be BC’s contributing expert who provided insight on British Columbia’s regional ski and recreational markets. According to the report, in the first ten months of 2023, the median price of a single-family detached home in British Columbia’s popular ski regions decreased 1.6 percent year over year ...

November Market Stats

November 30th, 2023

Market Insights for September 2023

October 27th, 2023
I have handpicked some slides from a recent Royal LePage presentation that I think will definitely spark your interest. Moreover, I am sharing a link with you that contains some valuable information about the Vancouver market. The latest market insights for September 2023 can be found at the link provided.LINK TO PRESENTATIONLINK TO MARKET INSIGHTS VIDEO

Royal LePage House Price Survey Q3 2023

October 13th, 2023
Royal LePage has just released their House Price Survey for the third quarter of 2023. View the full report here

September Market Stats

October 7th, 2023
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