Vancouver Townhouse Blog November 27, 2019 · 3 min read Selling a Townhouse in a Balanced Market: The Art of Management and Marketing Vancouver’s real estate market has changed. No longer does listing a property result in a three-week sale, with bidders vying to pay top price. But last month, the city saw significant year-over-year growth in terms of sales. It indicated resurging interest, and left homeowners straddling a market that favours neither buyers nor sellers—the balanced market. […]
Vancouver Townhouse Blog November 4, 2019 · 2 min read Could Vancouver’s Housing Return to Peak Levels? Many home sellers are wondering if Vancouver’s golden age of housing is a thing of the past. But thanks to a flurry of market activity, a new report from the Canada Mortgage and Housing Corporation (CMHC) predicts prices could surge over the next two years. While the growth could be modest or significant, the flurry […]
Vancouver Townhouse Blog October 24, 2019 · 3 min read Investment Furniture to Warm Up Your Vancouver Townhouse When it comes to furnishing your Vancouver townhouse, fashion finds are always fun, but creating a warm, sociable space means investing in pieces with lasting appeal. With the help of our professional townhouse stagers, we’ve come up with some ideas that have been popular throughout history. These easygoing treasures exude a quiet warmth. In fact, just […]
Real Estate Market Statistics October 1, 2019 · 3 min read Recovery Projected for Vancouver’s Million Dollar Home Market According to Sotheby’s International Realty Canada, it looks like Vancouver’s housing market has hit rock bottom and while recovery is expected, it’s going to be slow. The forecast, released September 25th, predicts that Vancouver’s million-dollar home market will undergo a gradual recovery. According to the brokerage, there signs that the market is already on […]
Vancouver Townhouse Blog September 17, 2019 · 4 min read 5 Tips When Renovating a Townhouse Kitchen The kitchen is a focal point of the home. As a warm space where family members eat and gather, a glorious kitchen can increase the value of your townhouse and help generate interest when it’s time to sell. But while most people are good when it comes to design rules (i.e. what wood goes with […]
Real Estate Market Statistics August 28, 2019 · 3 min read Vancouver Townhouse Realtor Says Home Sales Up as House Pricing Continues to Stabilize In an uncertain housing market, July’s numbers came in like a breath of fresh air. “Metro Vancouver saw a bump in housing sales as pricing continue to stabilize,” said Vancouver Townhouse Realtor Ariane Benjamin. According to the latest data from the Real Estate Board of Greater Vancouver (REBGV), while sales are still 7.8% below […]
Vancouver Townhouse Blog August 8, 2019 · 3 min read Vancouver Townhouses: Reduced Mortgage Stress Test Means Greater Buying Power If you’re planning to buy real estate in Vancouver, things just got a little bit easier. The interest rate used in Canada’s mortgage stress tests has fallen for the first time since 2016, which means it’s now slightly easier to become a homeowner. “For the first time since the government implemented new stress test rules […]
Vancouver Townhouse Blog July 29, 2019 · 3 min read Creating a Pocket Garden (or Patio) for Your Vancouver Townhouse Growing season in Vancouver is well underway, but there’s still time to get your green thumb on. “One of the most attractive benefits of Vancouver townhouses is that they often feature some form of outdoor space,” says local realtor Ariane Benjamin. “Even if the square footage is compact, the right mix of plants, furniture, […]
Vancouver Townhouse Blog June 25, 2019 · 2 min read Vancouver Housing Slow Down Leave Pre-Sales Buyers in Limbo “When the market was hot, pre-sale condominiums were all the rage,” explains Vancouver Townhouse realtor Ariane Benjamin. “The slowdown has left many buyers in limbo, attempting to back out of contracts that are nearly iron clad as buildings near completion.” Market depreciation has meant that some pre-buyers cannot secure the financing to pay for purchases […]
Vancouver Townhouse Blog June 12, 2019 · 3 min read Housing Supply in Vancouver Reaches Five Year High The Real Estate Board of Greater Vancouver reported that residential home sales recorded in May 2018 were up from April but still declined from 2,833 to 2,638, year-over-year. Buyer demand is well below historical averages, but at least one local real estate brokerage says the market is primed for a comeback, citing data the suggests […]
Vancouver Townhouse Blog April 15, 2019 · 2 min read Benchmark Price for Detached Homes in Vancouver Fall Slightly to Hit 1.4M “According to the Real Estate Board in Greater Vancouver, benchmark prices for homes in Vancouver (Metro) have dipped to the lowest levels in more than 30 years,” says Vancouver Townhouse Realtor Ariane Benjamin. What exactly does that mean? Earlier this month, the board announced that home sales in March had dropped more than 31% […]
Vancouver Townhouse Blog March 25, 2019 · 2 min read Province Estimates it will Collect $642 million from Speculation and Vacancy Tax “The Speculation and Vacancy Tax means satellite families and those with secondary homes can expect to take a hit this year,” predicts Ariane Benjamin, realtor at vancouvertownhouse.ca After a whirlwind of audit assessments in 2018 that exceeded $140 million dollars, the CRA is getting ready for a load of new data from the BC government, after […]