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Non-Resident Canadian Citizens Buying and Owning Residential Property in Vancouver and British Columbia – End Users & Investors

 Sign up to hear about BC property opportunities What we are going to discuss  We are going to discuss the process of buying and owning residential properties in Vancouver and British Columbia, for Canadian citizens who are end users and for investors who are non-residents of Canada. We’ll also talk about the process to rent out properties before moving in or to keep them as investments, along with taxation. What we are not going to discuss: We are not going into minute detail on tax, renting, and purchasing as we’re talking about an entire province with a lot of…

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REBGV September 2020 Stats Graph

September 2020 Real Estate Board of Greater Vancouver Statistics Package with Charts & Graphs

  Metro Vancouver home sales and listings surge in September VANCOUVER, BC – October 2, 2020 – Home sale and new listing activity reached record levels in Metro Vancouver* in September. The Real Estate Board of Greater Vancouver (REBGV) reports that residential home sales in the region totalled 3,643 in September 2020, a 56.2 per cent increase from the 2,333 sales recorded in September 2019, and a 19.6 per cent increase from the 3,047 homes sold in August 2020. Last month’s sales were 44.8 per cent above the 10-year September sales average and is the highest total on record…

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What Not To Do When Selling Your Home

What increases home value the least? Leaving a property in a dirty or messy state can greatly impact the value of your property. Avoid imagery or things in your home that are controversial, polarizing, or explicitly religious, sexual, or political, as they can decrease home value. Things to avoid when it comes to: Window coverings. Avoid heavy, dark window coverings (roller blinds are better as they make spaces feel larger). The large, heavy baroque circa 1970s window coverings with big valences are outdated and should be upgraded. Paint. Avoid bright, polarizing, or extreme colours like black, red, or dark blue.…

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‘Hot Areas to Invest in Vancouver’ September Webinar

 Hot Areas to Invest in Vancouver September 10, 2020 Christian Dy, Latitude West Financial Mike Stewart, Oakwyn Realty Downtown Top producing realtor since 2005 vancouvernewcondos.com or mikestewart.ca We’ve seen a dramatic increase in prices from this time last year. Email Mike to get the full report.  It shows the median detached house price in Burnaby a year ago was $1.457 million, and today it’s $1.56 million. Condos have also gone up. North Vancouver has similar numbers. A couple of numbers are flat but median detached houses have gone up. West and East Vancouver are the same. Last month sales…

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Increasing Your Return On Investment

What is the best way to increase home value? For condos, the first and most basic thing you can do to increase home value and sell your place is, at the very least, have the property in its original operating condition when it was new. The walls should be free of nicks, clean, and freshly painted. Beyond this, you want a look that avoids appealing to just a small niche. Here are some things that can be done to appeal to a broad audience and increase your property’s value: New appliances. If you have an older unit, installing new appliances…

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REBGV Stats Graph Aug 2020

August 2020 Real Estate Board of Greater Vancouver Statistics Package with Charts & Graphs

  Home sale and listing activity continues to increase in August VANCOUVER, BC – September 2, 2020 – Home buyers and sellers remained active across Metro Vancouver* in August, with home sale and new listing activity outpacing the region’s historical averages. The Real Estate Board of Greater Vancouver (REBGV) reports that residential home sales in the region totalled 3,047 in August 2020, a 36.6 per cent increase from the 2,231 sales recorded in August 2019, and a 2.6 per cent decrease from the 3,128 homes sold in July 2020. Last month’s sales were 19.9 per cent above the 10-year…

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REBGV Stats Graph July 2020

July 2020 Real Estate Board of Greater Vancouver Statistics Package with Charts & Graphs

  Metro Vancouver housing market sees steady summer activity VANCOUVER, BC – August 5, 2020 – Home buyer and seller activity in Metro Vancouver* exceeded historical levels in July. The Real Estate Board of Greater Vancouver (REBGV) reports that residential home sales in the region totalled 3,128 in July 2020, a 22.3 per cent increase from the 2,557 sales recorded in July 2019, and a 28 per cent increase from the 2,443 homes sold in June 2020. Last month’s sales were 9.4 per cent above the 10-year July sales average. “We're seeing the results today of pent up activity,…

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‘Hot Areas to Invest in Vancouver’ July Webinar

Hot Areas to Invest in Vancouver July 10, 2020 Christian Dy, Latitude West Financial Mike Stewart, Oakwyn Realty Downtown Top producing realtor since 2005 vancouvernewcondos.com or mikestewart.ca What is happening now with real estate in the Vancouver area? The elephant in the room right now is the COVID-19 situation. In the past couple of months, we saw sales volumes fall about 45% (this refers to the amount of properties that sell or change hands). But this has passed us and numbers are up dramatically. Interestingly, the sales volumes in June 2019 were lower than they are now! As of June…

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‘Hot Areas to Invest in Vancouver’ June Webinar

Hot Areas to Invest in Vancouver June 10, 2020  Christian Dy, Latitude West Financial Mike Stewart, Oakwyn Realty Downtown Top producing realtor since 2005 vancouvernewcondos.com or mikestewart.ca   What is happening now with buyers and sellers in real estate? We are at the front lines right now - I work with 10 realtors across the Greater Vancouver area, the Fraser Valley, and Southern Vancouver Island. We do a lot of presale, pre-construction and new construction and resale properties. This includes single-family homes and condos - the whole range of property types. We’ve seen a big drop-off in volumes but without…

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June 2020 REBGV Stats Graph

June 2020 Real Estate Board of Greater Vancouver Statistics Package with Charts & Graphs

 Steady increases in home sale and listing activity continue in June VANCOUVER, BC – July 3, 2020 – Home buyers and sellers have gradually become more active in each month of the COVID-19 pandemic. In June, home sale and listing activity in Metro Vancouver* returned to more historically typical levels. The Real Estate Board of Greater Vancouver (REBGV) reports that residential home sales in the region totalled 2,443 in June 2020, a 17.6 per cent increase from the 2,077 sales recorded in June 2019, and a 64.5 per cent increase from the 1,485 homes sold in May 2020. Last…

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Your Guide to Buying a Home During COVID-19

https://youtu.be/RQNyWDqkC-4 Can I buy a home during COVID? ls it literally feasible? Yes, you absolutely can buy a home during COVID 19.  We feel that following the directives of the BC Centre for Disease Control. WorkSafe BC & Dr. Bonnie Henry’s advice we can help our clients safely buy and sell real estate in Vancouver. When working with you, what steps are in place to make sure I’m safe? We have an agency relationship with our clients and our number one priority is their health, welfare, and well being, while getting them the best deal possible. We follow the WorkSafe…

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