The uncertainty of the covid situation has limited April listing and sale activity. You might be thinking how much is listing and sale activity compared to from last year or last month? We know home prices are driven by supply and demand. You may be questioning where are home prices if supply and demand are…
This February saw strong home buyer demand! Learn more in the video below how much demand has improved year-over year in February, how home sales struggled to keep pace, what the sales-to-active listings ratio is suggesting re type of market if sustained for a period of time, and the trend of prices.
Home sale and price activity remain steady in Metro Vancouver to start 2020 while home listing activity declined in January. Realtors registered 1,571 sales on our regions MLS in January. This is +42% above last year’s January total and about -7% below our 10 year average for the month. Looking at supply we are seeing few homes…
BC Assessment just released its 2020 assessments. The provincial agency appraises all properties, almost two million province wide on an annual basis. The assessment is an estimate of a property’s market value as of July 1, 2019 and physical condition as of October 31, 2019. BC Assessment said changes in property value reflect movement in the…
If you’re planning to buy a strata property and you have furry or feathered friends, find out whether pets are allowed and if there are restrictions. Under the Strata Property Act and Regulation, strata corporations can restrict owners and tenants from keeping pets or certain kinds of pets through the bylaws of the strata corporation. Pet…
