Why Hiring A Vancouver Realtor Is Important In A Virtual Market As we enter 2023, it is clear that technology has had a significant impact on the way Real Estate transactions are conducted. The advent of online marketplaces such as Zillow and Redfin has led many buyers and sellers in Vancouver to believe that they…
Read More
The History of Vancouver's Housing Market Vancouver's housing market has a long and varied history. There have been ups and downs influenced by a range of economic, social, and political factors. Here is a brief overview of the key events and trends in Vancouver's housing market history: Vancouver's housing market was characterized by a rapid…
Read More
New Federal Legislation Prohibiting the Purchase of Residential Property by Non-Canadians Starting January 1, 2023, the Prohibition on the Purchase of Residential Property by Non-Canadians Act will come into force. The Act prohibits any individuals who are not Canadian Citizens or permanent residents of Canada from purchasing residential property for two years. This act also applies…
Read More
November Market Update While November is a typically quieter month for market activity, this year's home sale and listing totals lagged below the region's long-term averages. Let's take a closer look. Realtors registered over 1600 home sales on the MLS in November. This is a 53% decrease from this time last year and is 37%…
Read More
Top 5 Interior Trends for 2023 2022 is almost over, it's time to start looking towards the upcoming year and what interior trends will follow. We will see a whirlwind of different interior styles. Ones that will invoke emotion, show off character, and bring the outside in. Once these are all bundled up together with…
Read More
BC Refining Strata Rental and Age Prohibitions BC’s government proposed new legislation Monday to handle the housing crisis under Premier David Eby. One of the notable new rules is a prohibition on strata rules against rental restrictions. Their take on this is to bring over 300,000 units into the rental market that were originally unable…
Read More
BC Housing And The Expected Market Change In 2023 According to the most recent data from the BCREA (British Columbia Real Estate Association), MLS residential sales in BC are forecast to decline 34.4 percent from a record high in 2021 to 82,345 units this year. In 2023,…
Read More
VANCOUVER, British Columbia: Vancouver-based luxury Real Estate Advisor Leo Wilk has recently taken on a new coordinator. Taylor Ross, a Real Estate Advisor at globally renowned Engel & Volkers, and is dedicated to creating an exclusive work strategy for every unique client. For the past sixteen years, Leo Wilk–the owner of Leo Wilk Real…
Read More
Upcoming 2023 Real Estate Acts and Bans Wonder what new legislation and updates are coming into the new year? So did we. We've compiled a couple notable items coming to place that will be effective in 2023. These include the new Home Buyer Rescission Period as well as the Foreign Buyer Ban. Home Buyer Rescission…
Read More
Whether you’ve found the home of your dreams or a career in another city, you’ve decided to sell your home. The sale of every home is different; even when the market conditions are right, the perfect time to sell varies from house to house. It’s an age-old question: Should you sell your home in BC…
Read More