Vancouver's Spring Real Estate Market: Navigating Uncertainty
Posted on Apr 21, 2025
The 2025 spring real estate market in Vancouver is off to a lukewarm start, impacted by broader economic concerns such as U.S. tariffs and the upcoming Canadian federal election. According to Royal LePage, many buyers are adopting a wait-and-see approach, leading to slower activity and transaction volumes that remain below the 10-year seasonal aver...
Canadian Dollar Hits Five-Month High: What It Means for Real Estate
Posted on Apr 16, 2025 in Government News
As of April 16, 2025, the Canadian dollar—often referred to as the “loonie”—has reached its highest level in five months, now trading above US$0.72. This recent climb is largely due to two key factors:
1. Bank of Canada Holding Steady on Interest Rates
The Bank of Canada’s overnight lending rate currently stands at 2.75%, and speculation is growing t...
Where to Spend Your Money Wisely on Home Renovations
Posted on Apr 14, 2025 in Sellers
Renovating your home is one of the best ways to boost its value, but not all upgrades deliver the same return on investment (ROI). Whether you’re preparing to sell your home or simply want to enhance its appeal, focusing on the right areas can make all the difference. As a trusted real estate expert , I am here to help you prioritize renovations th...
Now's a Perfect Time for U.S. Citizens - Especially Healthcare Pros to move to British Columbia
Posted on Apr 07, 2025 in Buyers
Why 2025 Is the Perfect Time for U.S. Citizens — Especially Healthcare Professionals — to Make the Move to Beautiful British Columbia.With the U.S. election cycle ramping up, many Americans are once again exploring the idea of relocating to Canada. For those feeling political fatigue, looking for a better quality of life, or simply wanting to exper...
March 2025 Stats - Tariffs, Economic Uncertainty stall Spring Market in the Fraser Valley
Posted on Apr 05, 2025 in FVREB Monthly Market Report
March home sales in the Fraser Valley remained nearly 50 per cent below the 10-year average — making for the slowest start to the spring market in more than 15 years.The Fraser Valley Real Estate Board recorded 1,036 sales in March, up 13 per cent from February, but still
26 per cent below sales recorded this time last year.
Following a decline on th...
March 2025 Stats - A Market made for Buyers is missing Buyers in GVRD
Posted on Apr 05, 2025 in GVR Monthly Market Report
Home sales registered on the MLS® in the Metro Vancouver* for the month of March were the lowest going back to 2019 for the same month, while active listings continue to their upward trend.The Greater Vancouver REALTORS® (GVR) reports that residential sales in the region totaled 2,091 in March 2025, a 13.4 per cent decrease from the 2,415 sales rec...