Author: Jasmohan Singh Bains

Oakridge Mall – In a city where just about every vertical inch of available land is already taken. A developer in North Vancouver would like to build two 30-storey towers next door to the Oakridge Centre Mall. What is the project? The project is a proposed rental development. That would include two towers near the Oakridge Mall in Vancouver. A skybridge would link the towers. Ehich would provide views of the city as well as the mountains. The development would also include retail space, a fitness centre, and a rooftop deck. The project is a proposal for two rental towers…

The pre-sale condo market in Metro Vancouver has slowed, with buyers rethinking the purchase, developers delaying projects and some projects becoming less attractive. The BC provincial government’s speculation tax, which was introduced in September 2017. As well as a new testing procedure for mortgage borrowers developed by the Office of the Superintendent of Financial Institutions are two reasons for the slowdown (OSFI). 2018 Predictions for the Metro Vancouver Condo Market Many are unsure about the region’s condo market’s future will bring as the housing market in Metro Vancouver keeps falling. Here are a few forecasts for 2022. 1. Sales will…

Housing Market in Decline – Foreign buyers in the housing market have raised scrutiny and concern in Canada. But it is argued that this exclusion will have damaging effects. On average, they represent one-fourth of Montreal’s buyers and one among sales in Vancouver and Toronto. The article asks if by doing so, Canada has made a wise decision or regretful banning foreign buyers to “prioritize citizens over investors”? What is Driving the Housing Market in Decline? The Canadian housing market is slowly falling in recent years. This is mainly because of a few things, like: -The high expense of living…

Welcome to the world of House Hunting in Canada, where $2.5 million can buy you a 4,000-square-foot luxury home on the coast. British Columbia, Canada In British Columbia’s Coast, you can find a $. million house for sale. This is an exclusive opportunity to own a piece of Canada’s real estate. The house is located in the heart of downtown Vancouver and it offers a great view of the city. It has 4 bedrooms and 5 bathrooms, and it come with a private pool and a hot tub. The house also has a private elevator and a 2-car garage. If…

It’s no secret that the housing market in Metro Vancouver is catching up with the rest of Canada. Increasing prices for homeowners and sky-rocketing prices for those looking to buy their first place seem to be inevitable, but this story on housing trends might surprise you. Introduction The Real Estate Board of Greater Vancouver (REBGV) reports that residential home sales in the region totaled 2,518 in May 2018, a 35.7 per cent decrease from the 3,893 sales recorded in May 2017. May’s sales were also 25.6 per cent below the 10-year sales average for the month. “Home buyers and sellers…

Vancouver’s housing market has been experiencing challenges and changes over the past two years. In this blog article, we will go over some of the current challenges in Vancouver’s market, as well as what they are doing to prepare for a potential rebound. Vancouver’s Housing Market Embraces Change Vancouver’s housing market is in the midst of a major shift. After years of astronomical prices and limited inventory, the market is finally starting to cool off. Sales have been declining for the past year, and prices are beginning to stabilize. This is good news for buyers, who have been priced out…

Selling a home in Vancouver can be tough, but with the right strategies and tips you can get your house off the market ASAP. If you’re looking for ways to sell your home quickly and without affecting the value of your property, then this blog post will give you some great ideas on how to do that. Below are five ways to sell your Vancouver home for top dollar without a realtor. Read on to learn more about each of these tips and how you can use them to help sell your property! It’s true that real estate agents do…

It’s no secret that the Vancouver real estate market has been on fire lately, with prices and demand continuing to soar in recent months. A chart released by the Real Estate Board of Greater Vancouver on Tuesday drives home just how much prices have been rising. It shows both sales and prices going through the roof at an incredible pace. Sales in March 2014, for example, were a staggering 70 per cent higher than they were a year earlier. And last month’s prices were a full $300,000 above the previous year’s levels. In total, according to the board, there were…

Vancouver’s real estate market is going strong, with foreign investors lining up to purchase. Experts blame vacant farmland between the downtown and Richmond for the lack of inventory and are predicting increased sales volume in the summer season. “Inventory figures play a big part in sales activity,” said Geoff McIntosh, MLS area manager for Vancouver. “Spring months typically set the pace. When buyers start to see summer listings coming up at markets later this season, the optimism is already there.” While luxury housing remains alluring, more first-time buyers are getting into the market as well. These consumers feel safer stepping…

The Vancouver real estate market is in the midst of a major shift, with discounts and higher inventory levels being offered. Although we can’t predict what’s going to happen next, these are some signs that you should be aware of so that you know when to act sooner rather than later. true A recent report by the Royal LePage House Price Survey shows that Vancouver home prices have declined year over year for the first time in two years. What this means is that now is a good time to buy, but it’s also very important to look at the…