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 […]
Vancouver Townhouse Blog March 13, 2019 · 3 min read Real Estate Vancouver: What’s Happening Now “Real estate in Vancouver has definitely shifted,“ says Real Estate Agent Ariane Benjamin, Founder of Vancouvertownhouse.ca. “February was another month where the numbers seemed to favour buyers over sellers.” House hunters in February continued to take their time as the price of a detached home fell by almost 10 percent year over year. This […]
Vancouver Townhouse Blog February 28, 2019 · 3 min read Vancouver’s Housing Forecast Here is the latest housing forecast from Real Estate Agent Ariane Benjamin, Founder of Vancouvertownhouse.ca. According to BC Real Estate Association (BCREA) they are predicting a sales increase of two percent this year—and an increase of 6.9 percent next year “Vancouver’s housing market has continued to cool,” explains Ariane. “The number of home sales in January sunk to […]
Vancouver Townhouse Blog February 22, 2019 · 2 min read Kitsilano Townhouse: Investment Alert In Kitsilano, 3-bedroom townhouses are a rare find. If you’ve been waiting for a one-of-kind investor’s opportunity, then 2372 Maple Street might be for you. On the market for the first time in 30 years, this 3 bedroom, 2 bathroom Kitsilano townhouse is part of an exclusive boutique development of just five townhouse suites. At […]
Vancouver Townhouse Blog February 2, 2019 · 3 min read Re-examining the Biggest Vancouver Real Estate Changes of 2018 As a real estate agent in Vancouver, Ariane Benjamin has focused on the townhouse and condo market for the last 15 years. 2018 proved to be an interesting time in real estate, a stark contrast to the previous three years where it seemed like the competition for housing would never end. In examining […]
Vancouver Townhouse Blog January 24, 2019 · 4 min read Tips for Reducing Townhouse Clutter If you live in a townhouse, you already know that it doesn’t take much before your home looks cluttered. For those who have resolved to maintain a neater, more organized townhouse in their 2019 resolutions, we’ve compiled some helpful tips to get you started! According to organizing wizard Marie Kondo, people should let go of […]
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 […]
Vancouver Townhouse Blog December 18, 2018 · 2 min read Vancouver Housing Prices Won’t Implode According to Two Surveys Will Vancouver housing prices drop in 2019? Not so, according to two new surveys. While housing sales plunged almost 42.5% in November compared to just a month earlier, speculators say housing prices won’t face a significant drop in 2019. Two surveys, the Royal Lepage Market Survey Forecast and the RE/MAX 2019 Housing Market Outlook, show optimistic outcomes […]
Vancouver Townhouse Blog December 6, 2018 · 2 min read Soft Landing Predicted for Vancouver Real Estate Market The roller coaster seems to be slowing down. As a real estate agent who specializes in townhouse sales, Ariane Benjamin, like so many others, has been keeping a close eye on Vancouver’s housing market. In 2018, the local government introduced higher interest rates and tougher regulations to slow runaway property values that had more than […]
