You can search for your next home in Metro Vancouver and across BC on Realtylink.org. Owned and operated by the Real Estate Board of Greater Vancouver, Realtylink.org gives you access to over 25,000 homes listed for sale on the MLS®. Realtylink.org features On Realtylink.org, you can: Search the most up-to-date data from the MLS® systems…
Strata corporations, strata owners, residents and strata council members can access online services through the BC Civil Resolution Tribunal (CRT). non-payment of monthly strata fees or fines; unfair actions by the strata corporation or by those owning more than half of the strata lots in a complex; uneven, arbitrary or non-enforcement of strata bylaws (such…
The Office of the Superintendent of Financial Institutions (OFSI) and the Minister of Finance, Canada’s banking regulators, tightened the rules around the mortgage stress test on June 1. Under the new requirements, all mortgage applicants must be able to afford their mortgage at an interest rate of 5.25 per cent or two per cent over…
This May saw steady home sale and listing activity in the Metro Vancouver* area, a shift back from the record-breaking activity seen in the earlier spring months. Metro Vancouver includes: Burnaby, Coquitlam, Maple Ridge, New Westminster, North Vancouver, Pitt Meadows, Port Coquitlam, Port Moody, Richmond, South Delta, Squamish, Sunshine Coast, Vancouver, West Vancouver, and Whistler.…
In West Vancouver, there were 60 sales in the month of May. The sales to new listings ratio was 31% which represents a buyer’s market. For May 2021, the sales to total active listings percentage was 13%, an increase from 7% in May 2020. Sales for May 2021 were up by 33 units compared to…
North Vancouver townhomes monthly sale totals and prices have reached historical highs the past months. In contrast, West Vancouver townhome style options are limited resulting in smaller sale numbers. The main difference between a townhome and apartment is structurally. Generally townhomes have no unit above or below but could have a unit on either side. …
Reported West Vancouver and North Vancouver apartment monthly inventory numbers since January has consistently been below their respective 10-year monthly average. Extraordinary apartment monthly sale numbers were recorded the past two months in both communities. West Vancouver totaled 28 in April and 31 in March, the highest monthly sales on record since 2017. In North…
Though West Vancouver house April sale activity was down -18% from the month before, sale totals were up +280% from April last year and +35% above the 10-year monthly average! North Vancouver total reported sales in April were up +4% from March, up an astronomical +381% from same month last year and up +212% above…
If you shopping for an apartment or a townhome on the North Shore you are apt to find more selection that works with your budget in North Vancouver in contrast to West Vancouver. At this time there are 308 North Vancouver apartments actively listed for sale on MLS® versus West Vancouver’s 86! North Vancouver (West…
The British Columbia Real Estate Association (BCREA) reports that a total of 13,683 residential unit sales were recorded by the Multiple Listing Service® (MLS®) in April 2021, an increase of 312.3 per cent over April 2020 when the onset of the COVID-19 pandemic prompted a lockdown of the provincial economy. The average MLS® residential price…
