Featured March 5, 2024 · 3 min read Will Extending the Foreign Buyers Ban Bring Down Home Costs in Vancouver? So far, the ban on foreign buyers hasn’t made housing more affordable for Canadians. About a year ago, Canada’s federal government introduced a foreign buyer ban after passing the Prohibition on the Purchase of Residential Property by Non-Canadians Act in 2022. The two-year ban, which came into effect Jan. 1, barred non-citizens, non-permanent residents and […]
Real Estate Market Statistics August 24, 2020 · 2 min read Every Canadian Major Market Sees Price Growth in July In terms of the Canadian Housing Market, the virus looks like a minor inconvenience. According to data from the Canadian Real Estate Association (CREA), prices in July increased significantly—and not just in market hotspots like Toronto and Vancouver. Part of the reason prices are growing at a breakneck speed is the interest rate, which has […]
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 […]
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 […]
Real Estate Market Statistics January 2, 2019 · 3 min read Top 5 Vancouver Real Estate Stories for 2018 What a year it’s been in the Vancouver real estate industry. The correction of the housing market wiped out pockets of equity in the Westside—and that was only one of the big things that happened of 2018. In no particular order, here are the top 5 real estate stories of 2015. Vancouver Real Estate Sales Slump […]
Real Estate Market Statistics July 12, 2018 · 2 min read A Snapshot of Real Estate in Vancouver from May to June A June retrospect of real estate in Vancouver showed that while higher borrowing costs are impacting activates and prices, the market is being buoyed by factors like low unemployment, rising wages, and a healthy population growth. According to Snap Stats, a statistic service that brings simplicity and clarity to complex real estate trends, Vancouver is […]
Real Estate Market Statistics June 14, 2018 · 2 min read Vancouver Real Estate: Detached Housing Prices Tumble, Townhouses Stay Strong Vancouver real estate agent Ariane Benjamin has been carefully watching the market ever since the new housing rules came into effect. As a realtor who specializes in townhouses, the effects of the higher lending rates in tandem with tougher mortgage rules, taxes, and restrictions have been immediate and impactful. “Mortgage amounts and lending have become […]
Real Estate Market Statistics February 23, 2018 · 2 min read Government Shares Plan to Reign in Vancouver Housing Market In order to bring stability to the exuberantly priced Vancouver housing market, which has may people shut out, the BC NDP has launched a 30-point plan that’s broadly designed to stabilize the market while they pump 6 billion dollars into affordable housing over the next three years. “It’s a bold move, but many feel that’s […]
Real Estate Market Statistics February 2, 2018 · 2 min read Vancouver Realtor Shares 5 Year Trend report for Townhouses in Vancouver Just how much has the housing market in Vancouver changed over the last five years? According to Vancouver Realtor Ariane Benjamin, attached properties such as condos and townhouses in Vancouver have varied in price from 52 to 70% between 2013-2017. “The rate of growth really depends on the location,” explains Ariane. “For example, over the […]
Real Estate Market Statistics December 15, 2017 · 2 min read Vancouver Townhouses for Sale: A Look at November’s Market Have you ever looked at all the townhouses for sale and wondered, what’s happening? When you’re looking to buy or sell any kind of property, it’s important to track the market trends of the neighbourhood you’re living in or targeting. “Pricing and demand in different neighbourhoods can determine if you’ll sell over asking—or if you […]
Real Estate Market Statistics October 16, 2017 · 3 min read Vancouver Townhouse Realtor Shares Tips for Refreshing a Bathroom on a Budget As a Vancouver townhouse realtor, Ariane Benjamin knows that there are always two rooms that make a home stand out—the kitchen and the bathroom. “Updating a bathroom is about more than swapping out the towels,” says Ariane, who assists people with buying and selling through vancouvertownhouse.ca “However, most people balk at the prospect of a […]
Real Estate Market Statistics October 12, 2017 · 3 min read Vancouver Townhouses: Townhouse Selling Stats for September Demand for Vancouver townhouses and condos is still on an upward trend. As a specialized townhouse realtor in Vancouver, Ariane Benjamin tracks the market so she can offer the best advice to people buying and selling townhouses. Here is a synopsis of last month’s performance for Vancouver Eastside & Westside, Downtown and North Vancouver. […]