Ready to take the plunge into BC homeownership? Contact us for personalized advice tailored to your needs. Don’t forget to share this valuable information with friends and family who might be considering the move! This report by The Canadian Press was first published Nov. 14, 2023.
The collaboration between the Government of Canada and the City of Kelowna, as exemplified by the Housing Accelerator Fund, represents a significant stride towards addressing the housing challenges Canadians face. With a focus on affordability, accessibility, and innovation, the future of housing in Kelowna looks promising. As this initiative progresses, potential homebuyers can anticipate more […]
The Real Estate Board of Greater Vancouver’s outlook suggests that the city’s housing market is transforming. While it may not be the major slowdown some anticipated, it appears to be moving towards a more stable environment. For buyers and sellers, this shift will require a strategic approach to navigate the changing tides of Metro Vancouver’s […]
With files from the CBC.
The British Columbia real estate market has seen a remarkable surge in buyer confidence and activity, despite ongoing supply shortages and escalating prices. This unexpected trend can be attributed to pent-up demand, as buyers eagerly enter the market to seize opportunities. However, affordability concerns persist, especially for first-time homebuyers. The market’s positive momentum, with increased […]
MLS® HPI Benchmark Price Activity Single Family Detached: At $1,390,600 the Benchmark price for an FVREB single-family detached home increased 1.9 per cent compared to February 2023 and decreased 21.7 per cent compared to March 2022. Townhomes: At $794,400, the Benchmark price for an FVREB townhome increased 2.3 per cent compared to February 2023 and decreased 14.5 […]
Positive Shift in Fraser Valley Housing Market House prices in the Fraser Valley saw a slight but positive increase in February. This rise came after nearly a year of continuous month-over-month decreases. Sales also recorded their first monthly gain since October, despite trending lower than usual. Sales and Listings Overview The Fraser Valley Real Estate […]