Happy New Year! We finished the year off on good note overall province wide with strong gains over the last couple months of the year. In the Cowichan Valley the market was not so good in November but bounced back in December.Our market is starting to pick up again after the short blip of snow (hopefully that's all we get) and the holiday season is over.If you, or anyone you know is thin... Read more →
Credit: Courtesy of Zolo Realty Look familiar? The priciest property sold last week was previously aBCBusinessBig Fat Deal In Metro Vancouver, there are a handful of neighbourhoods that command ultra-high prices of $10 million and up.Kitsilanois one of them—last week, a single-family home sold for $15.5 million, according to data analyzed by Vancouver-based Zolo Realty on behalf of... Read more →
It's been a strong year in real estate here in the Cowichan Valley in 2017 however while the provincial economic conditions appear to be on a sound footing the BC Real Estate association expects economic growth to slow in 2018, expanding at a respectable 2.8 percent but lower than we have seen in some time. The province's housing market will face additional economic pressure in 2018, wit... Read more →
Three weeks after the provincial election, we now know that the BC NDP and Green parties intend to work together in a minority government. On May 30, the parties released their joint agreement, outlining the foundations of their alliance and the key policy issues they intend to work on. What does this new political landscape mean for real estate in BC? Before we get to a new government, ... Read more →
BC Home Sales Return to Historic Average Vancouver, BC – February 15, 2017. The British Columbia Real Estate Association (BCREA) reports that a total of 4,487 residential unit sales were recorded by the Multiple Listing Service® (MLS®) in January, down 23 per cent from the same period last year. Total sales dollar volume was $2.79 billion, down 36.5 per cent from January 20... Read more →
Housing market update for July 2016! The housing demand continues to surge around the province as markets across the lower mainland, Vancouver Islandand the Okanagan either set all time or monthly records for June. Watch the video for full information.Housing Market Update - You Tube videoand give me a call or email if you would like more detailed information Contact Jackie Wood for full... Read more →
It seems the preditions are for the residential sales in the province of British Columbia are expected to edge back 6.3 percent to 96,100 units in 2016. Home sales suprassed the 100,000 unit threshold for only the third time on record last year, as strong market fundamentals and elevated consumer confidence charged demand. Contact Jackie Wood for further details. Read more →
As reported by our local Vancouver Island Real Estate Board: Sales in the VIREB area edged back slightly in September, but the housing market remains robust, a trend expected to continue for the rest of the year. Last month, 431 single-family homes sold on the Multiple Listing Service® (MLS®) compared to 405 in September 2014, an increase of six per cent. Month over month, sales ... Read more →
Canadian investors who are self-employed and looking to claim rental income in order to qualify for a loan will have more freedom to do so come Sept. 28, something that agents with those clients applaud. “It will certainly help that segment of buyers because it’s well-known that it’s a challenge for those who are self-employed to qualify for a mortgage,” Davelle M... Read more →
In this special edition ofNEWS2ME, all three major party leaders reach out directly to REALTORS®. JUNE 2015 Forward by CREA President Pauline Aunger Elections are always an exciting time in Canadian politics. And with a series of polls showing a virtual three-way tie between the governing Conservatives, the NDP and the Liberals, candidates of all political stripes will hit the street... Read more →
