With upcoming mortgage reforms designed to enhance affordability and flexibility, both homebuyers and homeowners should anticipate major changes. Staying informed about these developments is crucial. Here are a few of the changes:Refinance up to 90% of your home’s value to build a secondary suite (effective January 15th, 2025) Homeowners can refinance up to 90% of their property’s value, incl ...

Property developers have, again, asked Metro Vancouver regional government members for development fees to be waived, deferred or redirected citing escalating costs to construct new homes. The most recent pitch came last Thursday as developers lined up to speak at a special committee of the region’s mayors. Citing higher finance interest rates and rapidly inflating construction costs, the d ...

The SLRD is offering residents a chance to share their perspectives on housing needs throughout the regional district. This initiative aims to engage residents of SLRD Electoral Areas to gather insights on housing challenges as part of the effort to update the previous regional study.The SLRD is in the process of preparing an update to the existing Housing Need and Demand Study(External lin ...

As we approach fall and summer vacation is our rear-view mirrors, it's an ideal time to think about your real estate goals. With the recent quarter-point cut in interest rates, I believe the market is poised for an uptick. Whether you're considering buying or selling, now might be the perfect moment to make a move. Please take a look at my latest listings and recent sales. If you have any que ...

The Greater Vancouver housing market concluded the summer with higher inventory and lower sales compared to the previous year. In August, the average home sold for $1,252,393, reflecting a 2 per cent annual decrease. Active listings remain elevated, with 13,278 homes on the market—an 11 per cent increase above the 10-year monthly average. Sales activity over the summer remained sluggish, with ...

With the Bank of Canada trimming the overnight lending rate for the third time this year, the timing couldn’t be more opportune for homebuyers poised to re-enter the market. With fall marking a surge in housing activity in some markets, and borrowing costs potentially lowering, Canadians who have been on the fence may be feeling more optimistic. Will reduced rates spark renewed interest among ...

My recent listing at 104-1033 St. Georges in North Vancouver sold swiftly, a testament to the accuracy of the pricing strategy. While some may argue that the property could have fetched a higher price, it's important to understand that the best agents make pricing recommendations based on thorough research. Price strategies involve market research and compiling comparable sales data to provid ...

Relax on your 132 sq. ft. private deck and in enjoy the Central Lonsdale vibe at Villa St. Georges. Walk to everything including shopping, cafe's, parks plus Lions Gate hospital. Freshly painted with updated flooring so ready to move right in. Appliances new 2 years ago. One dog or cat allowed. Great end unit covered parking stall plus storage locker. Visitor parking in bldg. and lots of stre ...

Check out 1955 Venture Place in the growing Pemberton Industrial Park if you require a level and fully serviced .516 acre lot measuring approximately 120’ by 185’. There is plenty of year round sunshine and panoramic Mt Currie views from this lot next to a cul-de-sac for easy access. It is realistically priced at close to BC Assessment value and a 2022 Appraisal. An environmental phase 1 repo ...

The Bank of Canada's interest rate cut announcment this week could very much stimulate British Columbia's real estate market. In addition to making homeownership more affordable, reduced rates generally incentivize developers to undertake new projects, boosting the housing supply. Click Here To Read the Full Royal LePage Story Click Here To Read the Bank of Canada Release