Bank of Canada Cuts Interest Rates Again – What It Means for Homebuyers
Posted on Jan 29, 2025 in Buyers
What This Means for Homebuyers
Lower interest rates mean lower borrowing...Protect Your Home: Essential Tips to Prevent Frozen and Burst Pipe Damages in the Winter
Posted on Jan 27, 2025
Protect Your Pipes This Winter: Tips for Property Sellers
When temperatures drop, your property’s pipes are at risk of freezing and bursting, which can lead to costly water damage. As a property seller, avoiding such damage is crucial to maintaining your home’s value and appeal. Here are practical tips to keep your pipes safe and ensure your propert...Renovations That Enhance the Sale of Your Home – Expert Tips from REALTOR® Robert Tremblay
Posted on Jan 20, 2025 in Sellers
When it’s time to sell your home, first impressions matter. Strategic renovations can significantly boost your property’s appeal and market value, helping you attract buyers and secure top dollar. As an experienced REALTOR® serving the Lower Mainland, Robert Tremblay understands which upgrades offer the best return on investment.If you’re preparing...
BC Home Flipping Tax: What Buyers and Sellers Need to Know in 2025
Posted on Jan 16, 2025 in Sellers
As of January 1, 2025, British Columbia has implemented a new Home Flipping Tax designed to address rapid property turnovers and stabilize the real estate market. This tax targets property sales where the owner has held the property for less than 730 days (two years) and applies unless specific exemptions are met.It’s essential to understand how th...
Home Sales Register a Strong Finish to Cap off 2024
Posted on Jan 14, 2025 in GVR Monthly Market Report
Home sales registered on the Multiple Listing Service® (MLS®) in Metro Vancouver1 rose over thirty per cent in December, compared to the previous year, signalling strengthening demand-side momentum to close out 2024.The Greater Vancouver REALTORS® (GVR)2 reports that residential sales in the region totalled 26,561 in 2024, a 1.2 per cent increase f...
New listings at 10-year high in 2024, but affordability still the Elephant in the room in Fraser Valley
Posted on Jan 14, 2025 in FVREB Monthly Market Report
SURREY, BC – Bank of Canada interest rate cuts that began mid-year were not enough to ease theaffordability crisis for many home buyers in the Fraser Valley in 2024, leading to a decline in annual sales.
The Fraser Valley Real Estate Board reported new listings of 35,698 for the year ended December 31, 2024,
a 10-year high and nine per cent above th...
a 10-year high and nine per cent above th...