BCREA Forecast: A Slower 2026, a Modest Rebound Expected in 2027
BCREA’s November 10 forecast sees BC home sales down 4.5% in 2026 and up 7.2% in 2027. Here is what it means for Greater Vancouver and Fraser Valley buyers and sellers.
real estate agent
Real estate articles for buyers and sellers in the Lower Mainland, Greater Vancouver and the Fraser Valley.
Budget 2026: Foreign Buyer Ban Extended, New Homes Exempt, and What It Means Here
The November 5 federal budget proposes to extend the foreign buyer ban on existing homes to January 1, 2029, exempt new homes, and raise the optional mortgage insurance limit to $1.5 million. None of it is law yet. Here is what it means for Lower Mainland buyers, sellers and builders.
The New Market Reality in the Lower Mainland: What to Do Now
Prices are down, rates are up and buyers have time. Here’s what the latest Metro Vancouver and Fraser Valley numbers mean for you.
BC’s New Zoning Rules: What Homeowners and Developers Need to Know
In a bid to address the growing demand for housing, British Columbia (BC) has introduced new zoning regulations that have significant implications for both homeowners and developers. These changes aim to streamline housing development, foster more affordable housing options, and increase the efficiency of urban planning. However, the new rules bring both challenges and opportunities … Read more
How Are Interest Rates Expected to Impact Surrey’s Single-Family Home Sales?
The housing market is a dynamic sector influenced by a multitude of factors, with interest rates being one of the most significant. Surrey, a bustling city in British Columbia, is no exception. Single family homes for sale in Surrey form a core part of its real estate landscape, appealing to families and investors alike. As … Read more
What Are the Key Mortgage Rules Every Canadian Homebuyer Should Know?
Purchasing a home is one of the most significant financial commitments that most Canadians will make in their lifetimes. For prospective homebuyers, understanding the mortgage rules in Canada is crucial for navigating the complexities of the housing market and making informed decisions. Mortgage rules are set by both the government and private lenders to ensure … Read more
Buying a Luxury Home in Canada: How Long Does the Process Really Take?
The process to get luxury homes for sale can be lengthy and complex, but understanding the typical timeline can help set expectations and reduce stress. On average, it can take anywhere from 6 to 9 months to buy a house, though it may vary depending on your circumstances and the housing market. By preparing financially, … Read more
How Much Will You Pay in Fees When Selling Your Home in Canada?
Selling a home in Canada can be an exciting but financially complex process, especially when it comes to luxury homes. While many homeowners focus on the potential profits from their sale, they often overlook the hidden costs involved. From the idea to connect with real estate agent and to moving expenses, these fees can add … Read more
What Simple Renovations Can Skyrocket Your Home’s Market Value?
Renovating your home doesn’t have to be a complex, costly affair to make a significant difference in its market value. Often, the simplest renovations yield the most impressive returns. By focusing on improvements that boost curb appeal, enhance functionality, and modernize features, you can increase your home’s value and attract potential buyers without breaking the … Read more
Major Mistakes Buyers Make When Buying Single Family Homes
Home buying is one of the biggest investments you will make in your life. Now, this process for new buyers is both thrilling and daunting at times. Knowing what to avoid is the key to both a smooth transaction and smart investing. With a little prep work ahead of time, owning your home will pay … Read more
