Dr Sam Mehrbod’s Blog
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How Much It Costs to Live in Vancouver
Vancouver is ranked the priciest city in Canada, with high housing and living costs. A one-bedroom apartment averages $2,675, and a home costs around $1.2 million in Vancouver.
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Interest Rate Cuts Could Revive Vancouver Market
Vancouver’s housing market sales ↓ 5.7% yearly, totalling 2,783 units in September. Despite improved affordability, buyers remain cautious, awaiting further interest rate reductions and increased inventory.
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How High Are Metro Vancouver Rents in Early-Q4?
October rent prices ↓ $25 yearly to $2,381 1-bed, unfurnished unit rent ↑ $11 MoM to $2,381 in October.
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درک بازار املاک
نکات بازار املاک برای خریداران و فروشندگان شامل درک شرایط اقتصادی، نرخ بهره‌ها و روندهای جمعیتی است. برای خریداران: تعیین بودجه، تحقیق درباره مناطق، استفاده از یک نماینده املاک و انجام بازرسی‌های دقیق. برای فروشندگان: تعیین قیمت مناسب، افزایش جذابیت خیابانی، مرحله‌بندی خانه و بازاریابی موثر. وکلا میراثی برای رسیدگی به معاملات مرتبط با اموال…
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Vancouver Market: Buyer’s Market Ahead
With increased inventory and cooling prices, the market is expected to favour buyers into 2025. Residential sales are projected to remain low due to high borrowing costs and cautious buyer sentiment.
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Here’s how much it costs to rent a one-bedroom apartment in Metro Vancouver this November
Four of Canada's top five most expensive cities for rentals are in Metro Vancouver. Average prices for newly listed one-bedroom, unfurnished units decreased slightly to $2,359 in November 2024. West Vancouver remains the priciest market at $2,896, followed by North Vancouver at $2,583 and Vancouver at $2,548. Surrey is the only city with average prices…
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Check out my listing Address: 812 E 51ST Vancouver, British Columbia V5X1E5
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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Calgary and Vancouver housing sales rise suggesting buyers ‘finally’ responding to rate cuts
Both Calgary and Vancouver reported strong home sales in October, indicating a potential revival in the housing market following recent interest rate cuts. Vancouver saw a 27.2% increase in seasonally adjusted sales from September, with year-over-year sales up 31.9%. Calgary's sales rose 9.4%, driven by demand for higher-end properties. Despite rising sales, Vancouver's benchmark price…
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Vancouver Investors Opt for Smaller Condo Units
Vancouver has seen a notable increase in smaller condo units over recent years. Investors significantly shape Vancouver's condo market by preferring smaller units for higher rental yields.
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Here’s how much costs to live in Vancouver and how it compares to other Canadian cities
Vancouver is the most expensive city in Canada, with a cost of living averaging $3,793.63 per month. The average price for a one-bedroom apartment is $2,675, and homes average $1,197,700. Despite its high costs, Vancouver boasts a diverse and rapidly growing economy, supported by sectors like technology and film. Toronto follows with a monthly cost…