Category: Uncategorized
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Potential of Laneway Homes in Vancouver’s Housing Market
Builder Advocates for Sales: Suggests allowing laneway home sales to potentially create 30,000 new units in Vancouver.Regulatory Limitations: Existing rules restrict laneway homes to rental purposes, reducing incentives for homeowners.
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Vancouver, Canada’s hottest rental market, is slowly getting cheaper
Vancouver remains the most expensive city in Canada for renters, with average rent for an empty one-bedroom apartment at $2,690, a 4.6% decline from last year. This marks the fourth consecutive month of decline for one-bedroom rents, the largest drop among Canadian cities. The average rent for a two-bedroom apartment is $3,800, down 2.6%. In…
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Check out my new listing Address: 812 E 51ST AVENUE
Indulge in luxury with this front unit in a newly built fourplex. No Strata Fees! Enjoy the best location on the East Side with an open concept layout. Escape to your private yard oasis, perfect for entertaining guests or simply unwinding in serenity. Crafted by a reputable West Side builder, this home offers 4 bedrooms,…
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Why Metro Vancouver Is Heading to a Buyer’s Territory
Metro Vancouver's Real Estate market has seen rising inventory and a jump in sales, suggesting a shift towards a buyer's market. The market is segment-specific: condo inventories are rising, while well-priced detached homes and duplexes still receive multiple offers
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Metro Vancouver Sees 20% Surge in New Listings
New listings ↑ 20% yearly, boosting inventory levels. Sales totalled 2,333, ↓ 5% yearly and ↓ 18% below the 10-yr avg.
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Vancouver Remains Attractive to Investors
Vancouver's cap rates are among the lowest in Canada, indicating lower risk and potential high returns.Cap rates expected to remain stable for Q3 2024.
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Vancouver Rentals Still Most Expensive in Canada
Vancouver and Burnaby remain the priciest rental markets in Canada despite year-over-year declines.Vancouver's one-bedroom rentals dropped 7.7%, and two-bedrooms fell 5.6% year-over-year.
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Interest Rate Cut Won’t Cool Vancouver Housing Market
Bank of Canada’s rate cuts may lower mortgage rates but won't significantly impact home prices. Decreasing rates are likely to result in lower fixed-rate mortgages, making now a good time to shop.
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Vancouver: What’s Driving the Prices Up?
Land Speculation: Global investors and speculators drive up land prices, making housing less affordable. Limited Supply: Restricted land availability and zoning regulations constrain housing supply, pushing prices higher.
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Check out my new listing Address: 906 909 MAINLAND STREET
This Great one-bedroom suite with den faces the courtyard in everyones favourite place at Yaletown park 2 .Good-sized insuite storage. Amenities include gym, media room, meeting room, guest suite, storage and concierge. Must see this great home. Good for investors and first-time buyers. Walking distance to all top restaurants( Blue water, Elisa, cactus Club, earls,…