We are welcoming beautiful fall here in British Colombia, but the hot market of real estate is continuing according to Real Estate board of Greater Vancouver’s latest report. In this continuous growing market, working with a reliable realtor can be worthy of attention. If you want to sale and purchase a home, or to invest in a real estate project, please don’t hesitate to contact me at, please don’t hesitate to contact me
at 604-780-9565. I would be happy to meet with you to see how I can help you out.
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A successful Real Estate investment strategy is:
Don’t Wait to Buy Real Estate; Buy Real Estate and Wait
|Residential property sales in Metro Vancouver|
Home sale and listing activity continues to increase in August
Download the August 2020 stats package
VANCOUVER, BC – September 2, 2020 – Home buyers and sellers remained active across Metro Vancouver* in August, with home sale and new listing activity outpacing the region’s historical averages. The Real Estate Board of Greater Vancouver (REBGV) reports that residential home sales in the region totalled 3,047 in August 2020, a 36.6 per cent increase from the 2,231 sales recorded in August 2019, and a 2.6 per cent decrease from the 3,128 homes sold in July 2020. Last month’s sales were 19.9 per cent above the 10-year August sales average. “People who put their home buying and selling plans on hold in the spring have been returning to the market throughout the summer,” Colette Gerber, REBGV Chair said. “Like everything else in our lives these days, the uncertainty COVID-19 presents makes it challenging to predict what will happen this fall.” There were 5,813 detached, attached and apartment properties newly listed for sale on the Multiple Listing Service® (MLS®) in Metro Vancouver in August 2020. This represents a 55.1 per cent increase compared to the 3,747 homes listed in August 2019 and a 2.3 per cent decrease compared to July 2020 when 5,948 homes were listed. This was 34.8 per cent above the 10-year August new listings average. The total number of homes currently listed for sale on the MLS® system in Metro Vancouver is 12,803, a 4.4 per cent decrease compared to August 2019 (13,396) and a six per cent increase compared to July 2020 (12,083).
|REBGV Housing Market Update (August 2020)|
Updated Residential Mortgage and Debt Data 2012 to 2020
Research data can help you drive change, inspire policy, help society and develop new and exciting innovation.
CMHC’s research data is no different. We offer a variety of quality housing data to help you with your research that will help you create change and develop new and exciting innovations in the world of affordable housing.
You may be creating a:
· municipal initiative
· policy proposal
· research paper
· economic scan
· looking to get a COVID-19 impact baseline
The Ultimate Guide to Secondary Properties
All the key tips to buying, using, and even renting out a vacation home
So, you are looking to purchase a second property! Congratulations! This is an incredible opportunity and we are here to help provide you with the keys to success to expand your financial portfolio and ensure stability for the future.
Before you launch into this purchase there are a few things you should know, depending on which type of second property you are looking to purchase
When it comes to considering additional investments, most people don’t look at secondary properties. Why? Generally, people are trained to stay out of debt. As a result, they don’t tend to consider using the equity in their home to buy an investment property, but it all comes down to the art of leveraging.
In the case of purchasing a secondary property, most lenders will allow you to borrow money against the equity you have in your current home and use it as a down payment for a second home. Before jumping in, it is important to understand the different financing options to determine which route best suits your circumstances and property goals. Read More