After reviewing home sales affected by several Bank of Canada rate cuts, GVR economist, Andrew Lis, indicates things might be changing. (2 minute read)
One tool Realtors use is comparing prices from recent sales in your area. Bonus: what's the difference between assessed and sale values? (2 minute read)
Realtors are legally and ethically required to act in the best interests of their clients while maintaining high professional standards. (3 minute read)
Metro Vancouver home sales registered a strong finish to cap off 2024, signalling strengthening demand-side momentum as we move into the new year. (2:44 minute video)
Home sales rose 28 percent year-over-year in November, building on the momentum of the 30 percent year-over-year increase in October. (2:25 minute video)
The goal of Greater Vancouver REALTORS® is to provide Realtors and Brokers with the tools, data, systems, and training to effectively serve buyers and sellers.
Conditions in January began shifting back in favour of sellers as the pace of newly listed properties didn't keep up with home sales. (2:33 minute video)
Housing market ends 2023 with a balanced market, but totals mask surprising resilience despite highest borrowing costs in over a decade. (2:27 minute video)
Home buyers with less than a 20 per cent down payment applying for a high-ratio mortgage with a regulated financial institution are typically offered a contract mortgage interest rate.
Higher borrowing costs begin to affect the housing market, with price gains cooling and sales slowing along the typical seasonal pattern. (2:25 minute video)
Property taxes in BC are due the first business day after July 1. If you buy a home at another time, you may have to pay a share of the year to avoid a penalty.