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Homes newly listed on the MLS® in Metro Vancouver rose 46 per cent year-over-year in January, as sellers appear eager to enter the market to start the year. The Greater Vancouver REALTORS® (GVR) reports that residential sales in the region totalled 1,552 in January 2025, an 8.8 per cent inc
Read More Navigating the New Rules: Key Changes Impacting BC Home Buyers and Owners in 2025
As we step into 2025, several key policy changes in British Columbia’s real estate landscape promise to reshape the market. Whether you’re a first-time homebuyer, a seasoned investor, or a current homeowner, understanding these new regulations is essential. Here’s a breakdown of the latest updates:
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Buyers remain cautious to begin the fall market Home sales registered on the MLS® in Metro Vancouver1 declined 3.8 per cent year over year in September, suggesting recent reductions in borrowing costs are having a limited effect in spurring demand so far. Greater Vancouver REALTORS® (GVR)2
Read More April 10th, 2024 Rate Announcement - Bank of Canada
The Bank of Canada today held its target for the overnight rate at 5%, with the Bank Rate at 5¼% and the deposit rate at 5%. The Bank is continuing its policy of quantitative tightening. The Bank expects the global economy to continue growing at a rate of about 3%, with inflation in most advanced e
Read MoreRARE Penthouse in Vancouver's coveted Yaletown
Featured Engel & Völkers Listing 3902 1033 Marinaside Crescent, Yaletown 2 Bed | 2 Bath | 1,359 SF Offered at $2,748,000 Rare penthouse at desirable Quaywest. Sky high living at its finest with unobstructed water & mountain views. Featuring over height ceilings and extra large windows to take in t
Read MoreRenovation Realities: Adding Value to Your Vancouver Home
Embarking on home renovations in Vancouver, British Columbia can be a rewarding journey, not only for personal comfort but also for enhancing the resale value of your property. Before diving into renovations, it's crucial to understand the unique aspects of Vancouver's real estate market and focus
Read MoreNavigating Condo Living in Vancouver, Canada: A Comprehensive Guide for Prospective Buyers
Are you considering the vibrant and urban lifestyle that comes with condo living in Vancouver, British Columbia? The city's skyline is dotted with sleek high-rises, offering an enticing array of options for potential buyers. However, before you take the plunge into condominium ownership, it's cruci
Read More3 Things to Consider When Buying Your First Home - Navigating the Vancouver Real Estate Landscape
Embarking on the journey of purchasing your first home in Vancouver, is an exciting adventure that comes with its own set of considerations. As a bustling metropolitan area with diverse neighborhoods and a competitive real estate market, Vancouver demands a strategic approach to ensure
Read MoreCreating Holiday Magic: A Guide to Decorating and Preparing Your Home for Christmas
The holiday season is upon us, and there's no better way to embrace the festive spirit than by transforming your home into a winter wonderland. Start by focusing on the heart of holiday décor—the Christmas tree. Choose a theme that resonates with your style, whether it's a classic red and green pal
Read MoreUnveiling the Hidden Charm of West Vancouver: Discovering Gleaneagles
Nestled on the scenic shores of West Vancouver, Gleaneagles quietly stands as a secret gem, captivating those fortunate enough to explore its unique charm. Known for its breathtaking waterfront views and serene atmosphere, this neighborhood offers a perfect blend of natural beauty and suburban tra
Read MoreThe Art of Negotiation in Real Estate: Tips for Buyers and Sellers
In the dynamic world of real estate, the art of negotiation often plays a pivotal role in determining the success of a property transaction. Whether you're a buyer seeking the best deal on your dream home or a seller aiming to maximize your property's value, mastering the negotiation process is ess
Read MoreEngel & Völkers Yaletown Office in Vancouver
As a distinguished address in the heart of Yaletown, the building at 1152 Mainland Street boasts a rich history that mirrors the evolution of this vibrant Vancouver neighborhood. Originally constructed in the late 19th century, the structure has undergone several transformations, adapting to the cha
Read MoreFeatured Neighbourhood: Horseshoe Bay in West Vancouver, British Columbia
Horseshoe Bay, nestled along the rugged coastline of West Vancouver, is a picturesque village renowned for its stunning natural beauty and maritime charm. Serving as a major transportation hub, the bay is a gateway to the scenic Howe Sound, connecting travelers to popular destinations like Bowen Is
Read MoreTwo Bedroom Condo in Beach District Vancouver For Sale
Beach District in Vancouver offers a remarkable coastal lifestyle and is one of the most desirable neighbourhoods in Downtown, Vancouver. Residents are able to enjoy the unparalleled beauty of the Beach District, featuring sandy beaches, awe-inspiring sunsets, and water activities, making it a sou
Read MoreNovember 2023 Vancouver Real Estate Market Update
MARKET UPDATE NOVEMBER 2023 Metro Vancouver housing market holds steady in October An increase in newly listed properties is providing more choice to home buyers across Metro Vancouver, but sales remain below long-term averages. The Real Estate Board of Greater Vancouver (REBGV) reports that resi
Read MoreOct 25 Rate Announcement- Bank of Canada
Bank of Canada maintains policy rate, continues quantitative tightening. The Bank of Canada today held its target for the overnight rate at 5%, with the Bank Rate at 5¼% and the deposit rate at 5%. The Bank is continuing its policy of quantitative tightening. The global economy is slowing and grow
Read MoreOctober 2023 Vancouver Real Estate Market Update
MARKET UPDATE OCTOBER 2023 As inventory increases, price gains relent in Metro Vancouver to begin the fall season The month-over-month price gains seen earlier this year abated in the Metro Vancouver housing marketin September due to a seasonal decline in sales and a modest increase in inventory
Read MoreSept 6 Rate Announcement - Bank of Canada
The Bank of Canada today held its target for the overnight rate at 5%. Central banks in advanced economies focus on price stability amid elevated core inflation levels. Global growth slowed in Q2 2023, particularly in China due to property sector weaknesses. The U.S. saw robust growth from consum
Read MoreSeptember 2023 Vancouver Real Estate Market Update
MARKET UPDATE SEPTEMBER 2023 Seasonal slowdown brings price stability to Metro Vancouver As summer winds to a close, higher borrowing costs have begun to permeate the Metro Vancouver housing market in predictable ways, with price gains cooling and sales slowing along the typical seasonal patte
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