Vancouver sales up 26.2% last month

There was a jump in home sales in greater Vancouver in November, up 26.2% year-over-year. Greater Vancouver Real Estate Board reported that the 2,214 sales eased 7.5% from October but were 17% above the 10-year November average. “We’re seeing steady demand in today’s market. Home buyer activity is operating above our long-term averages, particularly in our townhome and condominium markets,” Jill Oudil, REBGV president said. There was a 31.8% rise in detached home sales (841) year-over-year while apartment sales gained 25.7% (1,508). Meanwhile new...

Home-Selling Checklist

Home-Selling Checklist: 12 Things to Do Before Selling Your House   Getting ready to sell your house? Then it's time to roll up your sleeves and get to work! Selling a home, after all, entails a whole lot more than just planting a "For Sale" sign on your front lawn or uploading a few random photos of your place—especially if you’re angling for the most cash. (And, honestly, who isn’t?) So before you put your house on the market, peruse this checklist of things you must do in preparation....

Tour de Force: Don’t Make These 10 Huge House-Hunting Mistakes

You've been thinking about settling down and buying a home for a while now, and you finally think you're ready. It's time to tour some digs! But hold up—you need a game plan. House hunting is about more than popping into a few open houses and picking the one you like best. In fact, there's a science to it: A smart search means you'll save time, money, and your sanity during the rest of your home-buying process. Read More ...

Resale fears abound across demographics!

According to the results of the latest poll conducted by CIBC, nearly two-thirds (62 per cent) of Canadian home owners are hesitant to sell their properties because of the prevailing climate of elevated home prices that would make it more difficult for them to get their next houses. This fear cuts across the demographic spectrum, despite the survey finding that around two in five Canadian home owners (41 per cent) are contemplating on making generous profits by selling their homes in...