News & Updates for Vancouver Real Estate

  According to Sotheby’s International Realty Canada, it looks like Vancouver’s housing market has hit rock bottom and while recovery is expected, it’s going to be slow. The forecast, released September 25th, predicts that Vancouver’s million-dollar home market will undergo a gradual recovery. According to the brokerage, there signs that the market is already on […]

The kitchen is a focal point of the home. As a warm space where family members eat and gather, a glorious kitchen can increase the value of your townhouse and help generate interest when it’s time to sell. But while most people are good when it comes to design rules (i.e. what wood goes with […]

  In an uncertain housing market, July’s numbers came in like a breath of fresh air. “Metro Vancouver saw a bump in housing sales as pricing continue to stabilize,” said Vancouver Townhouse Realtor Ariane Benjamin. According to the latest data from the Real Estate Board of Greater Vancouver (REBGV), while sales are still 7.8% below […]

If you’re planning to buy real estate in Vancouver, things just got a little bit easier. The interest rate used in Canada’s mortgage stress tests has fallen for the first time since 2016, which means it’s now slightly easier to become a homeowner. “For the first time since the government implemented new stress test rules […]

  Growing season in Vancouver is well underway, but there’s still time to get your green thumb on. “One of the most attractive benefits of Vancouver townhouses is that they often feature some form of outdoor space,” says local realtor Ariane Benjamin. “Even if the square footage is compact, the right mix of plants, furniture, […]

“When the market was hot, pre-sale condominiums were all the rage,” explains Vancouver Townhouse realtor Ariane Benjamin. “The slowdown has left many buyers in limbo, attempting to back out of contracts that are nearly iron clad as buildings near completion.” Market depreciation has meant that some pre-buyers cannot secure the financing to pay for purchases […]

The Real Estate Board of Greater Vancouver reported that residential home sales recorded in May 2018 were up from April but still declined from 2,833 to 2,638, year-over-year. Buyer demand is well below historical averages, but at least one local real estate brokerage says the market is primed for a comeback, citing data the suggests […]

  “According to the Real Estate Board in Greater Vancouver, benchmark prices for homes in Vancouver (Metro) have dipped to the lowest levels in more than 30 years,” says Vancouver Townhouse Realtor Ariane Benjamin. What exactly does that mean? Earlier this month, the board announced that home sales in March had dropped more than 31% […]

“The Speculation and Vacancy Tax means satellite families and those with secondary homes can expect to take a hit this year,” predicts Ariane Benjamin, realtor at vancouvertownhouse.ca After a whirlwind of audit assessments in 2018 that exceeded $140 million dollars, the CRA is getting ready for a load of new data from the BC government, after […]

  “Real estate in Vancouver has definitely shifted,“ says Real Estate Agent Ariane Benjamin, Founder of Vancouvertownhouse.ca. “February was another month where the numbers seemed to favour buyers over sellers.” House hunters in February continued to take their time as the price of a detached home fell by almost 10 percent year over year. This […]