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I just finished uploading this Apartment/Condo for sale, 509 509 2979 GLEN DRIVE, Coquitlam, BC Welcome to Altamonte! Amazing location in the downtown strip of North Coquitlam. Many attractions, dining options, and shopping just steps away. Unit with functional, open layout ideal for starting home to a growing family, and with a small office nook for the at-home professional. Open kitchen wi ...

  More selection not translating to more transactions Newly listed properties registered on the Multiple Listing Service® (MLS®) rose nearly twenty per cent year over year in July, helping to sustain a healthy level of inventory in the Metro Vancouver1 housing market. On the demand side, the Greater Vancouver REALTORS®2 (GVR) reports that residential sales in the region totalled ...

So, the numbers are out, lets take a look at happened in our home town of richmond for the month of JulySingle Family Homes: -Benchmark price of 2.188,000, This represents a 9% jump from June. -As for amount of sales, am 18% decrease since last month.  **Don't expect this number to get any bigger for the month of august. This is our typical annual pause, which can pose an oppurtunity to pounc ...

Weekly Rate UpdateLower fixed rates may be coming soon, but how much lower? Bond yields are down again, after the latest Bank of Canada announcement.Keep in mind, if fixed rates drop by 0.10%, the monthly mortgage payment only goes down by about $7 for every $100,000 borrowed. Not a big difference! If placing a down payment of less than 20%, rates are in the high 4's  ...

Amendments to the Residential Tenancy Act and the Manufactured Home Park Tenancy Act Date: July 15, 2024 Distribution: Real Estate Licensees Advisory Number: 24-026   Purpose This Advisory informs real estate licensees of changes to the Residential Tenancy Act and the Manufactured Home Park Tenancy Act as a result of Bi ...

  Market shifting in buyers’ favour, though hesitation remains Metro Vancouver1 home sales registered on the MLS® remained below seasonal and historical averages in June. With reduced competition among buyers, inventory has continued to accumulate to levels not seen since the spring of 2019. The Greater Vancouver REALTORS® (GVR) reports that residential sales2 in the region total ...

So, the numbers are out, so lets take a look at whats been happening in our home town of Richmond BC-For single family homes, we saw a benchmark price of 2.06M. That represents a decline of 10% since the May.-We also saw an amount of sales go down by 5% from the previous month.  -And we're also seeing turnaround times for sales increase from an average of 1 and a half weeks to 3 weeks.-Most p ...

Buying a home that does not complete for some time has some unique considerations. Who is the developer and what is their track record? When is closing? May I assign the unit prior to closing, either with or without penalty? What if there are deficiencies?  We have had a page on our website for a while now dealing with these and other such issues, but we now also have a video. Why read an a ...

  Home sales down in May while inventory continues to increase The number of transactions on the Multiple Listing Service® (MLS®) declined in May compared to what is typical for this time of year in Metro Vancouver1. This shift has allowed the inventory of homes available for sale to continue to accumulate with over 13,000 homes now actively listed on the MLS® in the region. The ...

So, the numbers just came out, so lets take a look at whats been happening in the month of May in our home town of RIchmond BC.For single family homes, the benchmark price reached 2.218M, which represents a 1.2+ increase from last year.   Last month, we saw an amount of inventory come onto the market more than buyers. For the month of may, same story!  With only a 12% selling ratio Most p ...