This week's real estate news in Vancouver and Canada highlights a projected rise in home prices by 2024, the influence of interest rates, and evolving market dynamics.
Metro Vancouver Market Dynamics
A central theme in the recent news is the forecasted rise in home prices in Metro Vancouver by 2024. Despite a current slowdown in sales activity and an...
The Vancouver real estate market has seen notable developments in the past week, marked by a rise in home sales and changes in market conditions. These shifts are crucial for REALTORS® and their clients to understand, as they navigate the dynamic landscape of the Vancouver housing market.
Forecasts from TD Bank suggest a potential 10% decrease in home prices by early 2024, signaling a cooling market trend. Concurrently, Canada's overall economic performance, as reflected in the latest GDP reports, continues to play a crucial role in shaping the real estate landscape. This economic backdrop i...
Receiving your annual Property Assessment Notice can be both informative and insightful, offering a glimpse into the value of your property in the current real estate market. This document, issued by the local assessment authority, provides an estimate of your property's worth, which serves as the basis for property taxes. Understanding this notice...
Buying a foreclosure property can be an enticing opportunity, but it's important to proceed with caution and awareness. Foreclosures can offer attractive prices, but they also come with potential pitfalls. Before you dive into this market, here are some essential points to consider.
Firstly, thorough research is key. Understand the foreclosure proce...
Investing in a rental property can be a rewarding venture, but it's essential to make informed decisions to ensure success. Here are five key considerations before taking the plunge into the world of real estate investment.
Firstly, location matters. The area where your rental property is situated can greatly impact its potential for rental income a...