Categories for Uncategorized

Vancouver Real Estate Market Update, October 2022

Inflation, rising interest rates create caution across Metro Vancouver’s housing market   Home sale activity across the Metro Vancouver housing market continued to trend well below historical averages in October. The Real Estate Board of Greater Vancouver (REBGV) reports that residential home sales in the region totalled 1,903 in October 2022, a ...

Continue Reading

Vancouver Real Estate Market Update, September 2023

Metro Vancouver saw more home sellers and fewer buyers in September   Home sellers were more active in Metro Vancouver’s housing market in September while home buyer demand remained below the region’s long-term averages. The Real Estate Board of Greater Vancouver (REBGV) reports that residential home sales in the region totalled ...

Continue Reading

Vancouver Real Estate Market Update, August 2022

Metro Vancouver’s housing market sees fewer home buyers and sellers in August    Metro Vancouver’s housing market is experiencing a quieter summer season marked by reduced sale and listing activity. The Real Estate Board of Greater Vancouver (REBGV) reports that residential home sales in the region totalled 1,870 in August 2022, ...

Continue Reading

Vancouver Real Estate Market Update, July 2022

Home buyer demand continues to ease across Metro Vancouver    Metro Vancouver’s housing market has entered a new cycle marked by quieter home buyer demand and a gradual rise in the supply of homes for sale. The Real Estate Board of Greater Vancouver (REBGV) reports that residential home sales in the ...

Continue Reading

B.C. enhances consumer protection for homebuyers “Cooling-off periods”

A new homebuyer protection period will protect people in B.C. looking to buy a home from being pressured into high-risk sales.The period is the first of its kind in Canada and marks the first key action the Province is taking based on the B.C. Financial Services Authority’s (BCFSA) report on ways ...

Continue Reading

Vancouver Real Estate Market Update, June 2022

Home listings up, sales down and prices starting to decrease to start the summer season With interest rates and housing supply increasing, Metro Vancouver* home buyers are operating in a changing marketplace to begin the summer season. The Real Estate Board of Greater Vancouver (REBGV) reports that residential home sales ...

Continue Reading

VPM Group RE/MAX has won the Consumer Choice Award among property management companies in North Vancouver

VPM Group RE/MAX has won the Consumer Choice Award among property management companies in North Vancouver. With a unique approach to residential and commercial property management, the business has become the number one choice of customers in the region. The Customer Choice Award has a unique appeal in the industry ...

Continue Reading

Canada needs 5.8 million new homes by 2030 to tackle affordability crisis, CMHC warns

Majority of supply gap found in Ontario and British Columbia, agency says The Canada Mortgage and Housing Corp. (CMHC) says 3.5 million more homes need to be built by 2030 to reach affordability. The agency released a report Thursday explaining the need for a different approach to the housing supply ...

Continue Reading

Vancouver Real Estate Market Update, May 2022

Spring ushers in calmer housing market trends in Metro Vancouver After reaching record-setting levels in 2021, home sale activity has returned to more typical seasonal levels in Metro Vancouver this spring due, in large part, to rising interest rates. The Real Estate Board of Greater Vancouver (REBGV) reports that residential ...

Continue Reading

Vancouver Real Estate Market Update, April 2022:

Metro Vancouver home sales return to more traditional levels in April Home buyer demand in Metro Vancouver* returned to more historically typical levels in April. The Real Estate Board of Greater Vancouver (REBGV) reports that residential home sales in the region totalled 3,232 in April 2022, a 34.1 per cent ...

Continue Reading