Fraser Valley’s real estate market experienced property sales at levels never seen before in the 100-year history of the Fraser Valley Real Estate Board (FVREB).
Competition amongst home buyers is putting upward pressure on home prices across Metro Vancouver’s* housing market.
The BCREA Commercial Leading Indicator (CLI) reached a new high since the start of the series in 1999. The CLI rose from 139 to 144 in the fourth quarter of 2020, representing the second consecutive increase after four consecutive quarterly declines. Comp
It’s clear that the historic demand for housing experienced in the second half of last year has carried forward into the first quarter of this year with some similar themes, including the continued popularity of suburban low-rise properties. It’s also evident that the supply of listings is not keeping up with demand, which could present an even larger problem once population growth picks up following widespread vaccinations later this year and into 2022.
Before you fall in love with a home, you should ensure that you qualify for a mortgage so you have the peace of mind of knowing that your financing has been arranged.
Hot water usage in Canadian households consumes between 15 and 30% of a home’s energy demand. Surprisingly, the technology used to heat water is traditional and highly inefficient when compared to the tankless or on-demand technologies now used regularly in Europe and Asia.
With so many people working from home these days, a home office has become an essential space in many homes. It's a growing trend where many Canadians are now choosing to work from home.
Renovating your home will increase its value and make it a nicer place for you to live. However, many people don't have a large budget to spend on expensive housing upgrades. Here are a few budget-friendly projects to add beauty, value and selling appeal to your home.