U.K. Braces for Historic Decline in New Home Sales, Driven by COVID-19

Based on new analysis by global property consultancy Knight Frank, Covid-19 and the knock-on impact of the government lockdown, will result in 56,000 fewer homes being delivered this year, representing a 35 percent drop.

In London, new ho ...

The Queen’s Speech re COVID “ We this generation will be judged by how we respond to this situation” 

How should “We this generation” respond to a grave of 30,000. Honestly I am at a loss! I understand that COVID and Genocide are two different things. One was inflicted while we weren’t looking... the other the victims saw coming.

The Bank of Canada today lowered its target for the overnight rate by 50 basis points.


Great news for variable rate holders.  Now we will see if the banks pass along the full drop as in the past they have, on occasion, only passed along part of the drop, thus earning extra profit for themselves.  

The Bank of Canada today lowered its target for the overnight rate by 50 basis points.

The Ba ...

Strata Insurance: Resources and Actions

 

Many strata owners are facing significant increases in insurance rates and deductibles. There are also multiple older buildings across the province struggling to find an insurer to renew their policy.   Potential buyers need to understand the insurance situation of strata units ...

What the 2020 BC Real Estate Assessment Report is Telling You
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December 2019 Market Insights
REBGV President Ashley Smith provides a summary of the December 2019 housing market statistics.

West Vancouver Real Estate Activity for December 2019
In December, British Properties and Ambleside were the fastest moving markets with the most home and condo sales in West Vancouver for the month.  Check out your neighborhood's activity here

North Vancouver Real Estate Activity for December 2019
In December, Edgemont, Lynn Valley and Lower Lonsdale were the fastest moving markets with the most home and condo sales in North Vancouver for the month.  Check out your neighborhood's activity here

Good Afternoon everyone, 

Just wanted to give you a quick update on what is moving and shaking in West Vancouver.  Of course, It’s no secret that our community is facing unprecedented housing challenges, and we have some of the highest rents and housing prices in Canada. Last year, during the review of the Official Community Plan (OCP), and again during the election, the community very ...

The 25th annual REALTORS Care® Blanket Drive helps keep 40,000 people warm!

The REALTORS Care® Blanket Drive is a partnership between the Realtors of the Fraser Valley, Greater Vancouver, and Chilliwack and District Real Estate Boards and their communities. The program is the largest and longest running blanket drive in British Columbia. Since it began in 1995, it has helped more than 425,000 ...