Author: Jasmohan Singh Bains

Even though the luxury housing market is affected by a shortage of property in Vancouver, the first quarter sales report raises. Sales of many types of properties in the luxury category of more than $ 1 million have declined, year after year, as buyers feel frustrated for those with limited resources. The shortage of property has been blamed for rising costs of all types of housing by all prices, and that does not include multi-million dollar housing. In a recently published report entitled “Spring 2022 State of Luxury,” Sotheby’s International Realty stated that property shortages are a global problem, including…

The BC housing market in British Columbia has risen to one of the higher prices across the nation. Despite the heat before the world health catastrophe of one hundred years ago. The coronavirus has helped the province reduce its heat. And this extends beyond the Vancouver housing market. The British Columbia Real Estate Association (BCREA) estimates that in August 2021. The price of residential property increased by 17.2 percent annually, and close to $ 902,000. Total sales value increased by 8.9 percent annually, to $ 8.6 billion. Listing of functional accommodation decreased by 37.9 percent annually. While housing supply declined…

The shortage of real estate means a significant increase in housing prices expected to occur in the first six months of 2022, says B.C. Housing Association. Real estate sales are projected to decline by 17 percent by 2022 after a year of record highs, says B.C. The Real Estate Association (BCREA) on Wednesday – and that, the project of a group representing traders, will only lead to higher housing costs. Strong real estate sales are expected to continue in the first few months of 2022. But with limited provision, prices are expected to rise 8.5 percent by 2022, with significant…

Have you ever considered buying a property in Vancouver or getting Vancouver Real Estate Agents? Chances are you have it, but you are not getting the right momentum. You may also be looking for a place to sell in Yaletown, the West End or other parts of Lower Mainland. It is very difficult to find the right Real Estate Agents, and it is also true of West Vancouver real estate. There are options such as searching the Real Estate Agent online index for various real estate acquisition sites. But, the best option is to look for those properties on special…

Buying a home is often the biggest and most important purchase one will ever make in a lifetime. The average person does not have the knowledge and understanding of all the entry and exit involved in buying or selling real estate. Vancouver Real Estate Agents can help you with any questions or concerns you may have before buying real estate in Vancouver. Real estate agents can help you solve any minor problems and prevent them from getting bigger. They can also explain the real estate contract so you know what to sign. It is very important for you to understand…

Vancouver is going through a difficult and frustrating time for homeowners and sellers. Ebullient for retailers also confuses consumers, i.e.. From subdivided buildings to housing units, housing supply declines, leading to higher prices. But some homeowners are looking at interest rates to determine if the price increase could lead to a drop in sales and a lower interest rate. Considering the limited housing stock and high demand, the impact of a growing area can be small. That being said, although the housing boom fell in December, conditions were stable by mid-2021. What do the numbers show, and can 2022 possibly…

B.C. we have seen a record number of new homes registered for construction in 2021, but data from the Bank of Canada suggests that a large portion of them may be purchased by investors. A study by Bank of Canada looked at mortgage and credit bureaux data to determine the percentage of homes in the country purchased by first-time home buyers, repetitive buyers and investors. It concludes that investors and repetitive buyers make up a significant portion of the mortgage-backed mortgage-funded housing program in Canada. “The purchase of housing is largely driven by existing homeowners,” the study authors wrote in…

There is no doubt that homes for sale in West Vancouver are booming – the average price of real estate is more than $ 2 million for a typical, single-family home. But one question arises, does that “boom” sound like an explosion? OK, okay – the bubble hasn’t exploded yet, but there is a lot of controversy among Vancouver residents about the stability of the flying housing market. New York, San Francisco, Los Angeles, and Singapore have all been subject to this type of housing market, and in all cases the bubble has exploded. As house prices rise by almost…

As a major international city with an international feel, Vancouver tops the list of best cities to live in. Located in the stunning province of British Columbia, Vancouver is a port city with some of the best restaurants, shopping and entertainment in Canada. Not only does this pristine town, made up of the coastal highlands, are located between English Bay and Burrard Strait, providing the city center with beautiful beaches and seafront parks. Now what are the top 10 reasons to buy real estate in Vancouver? 1. Choosing a place to sell The Vancouver design makes it one of the…

Canada’s largest port city attracts hippies and traditionalists alike in a spectacular setting on the peninsula extending from the Strait of Georgia. The town is surrounded by the snowcapped Coastal Mountains to the north and the Vancouver Island Mountains to the west, and the salty waters of the Pacific Ocean meet the mighty Fraser River in the region of the delightful river. Whether you are visiting with family or romance, the best place to stay in Vancouver is the city. From here, you will quickly get to the top views of English Bay, Stanley Park, Granville Island, and Gastown. Vancouver…