Real Estate Market News from Vancouver, BC | Gary Serra

Vancouver Real Estate Market Update for October

Posted on November 16, 2017

  In the month of October, we saw historic levels of real estate sales as reported by the Real Estate Board of Greater Vancouver. We also continued to see two very different markets in Vancouver. Let’s take a closer look at some of the numbers. Overall, there were more than 3000 homes sold in October this year, which […]

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What Does the Updated Mortgage Stress Test Mean for You?

Posted on October 25, 2017

The term ‘mortgage stress test’ has been all over the news and media recently, so we got together with mortgage expert Eitan Pinsky from Pinsky Mortgages. Eitan explains the updated stress test so watch the video or read below to find out what the changes will mean for you. New qualification criteria for mortgages were announced earlier […]

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Vancouver Real Estate Market Update for September

Posted on October 11, 2017

For the month of September, the Real Estate Board of Greater Vancouver has reported that there were 2,821 sales, which is a 7.3% drop from August 2017. However, that is a 25.2% increase from last year, so it’s still a very active market. Recently, we’re seeing real estate in Vancouver shift into two very distinct markets. The first […]

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February Vancouver Real Estate Market Stats!

Posted on March 02, 2017

The real estate statistics from February are in, and after a slower January, sales dramatically increased over last month, however listings remain low. Low supply has been having its expected effect, continuing to steadily increase prices across the region, and fewer home owners are listing their properties. The continued trend of market stability has held; “February […]

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Is the BC HOME Partnership Program Worth It?

Posted on January 25, 2017

2017 brought about the start of the new BC Home Ownership Mortgage and Equity Partnership, introduced by the BC Government to help first time homeowners get into the market. There is a long list of conditions in order to apply, which we’ve gone over here, but today we want to discuss how much help the […]

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