After reviewing home sales affected by several Bank of Canada rate cuts, GVR economist, Andrew Lis, indicates things might be changing. (2 minute read)
One tool Realtors use is comparing prices from recent sales in your area. Bonus: what's the difference between assessed and sale values? (2 minute read)
The approved Broadway plan will include a significant number of new homes, increase tenant protection, new space for more jobs, and more. (3 minute read)
There are many strata townhomes but very few fee-simple, individually owned row homes in Metro Vancouver. Why? And how can row homes help with affordability? (3 minute read)
In a busy real estate market, homes are bought and sold at a faster pace than usual. This can create a sense of urgency that causes home prices to rise.
The MLS® HPI is a measure of real estate prices that provides a clearer picture of market trends over traditional tools such as mean or median average prices.