Blog

Here are the B.C real estate predictions for 2020

(January 14, 2020)

Our round-up of various industry groups’ predictions for B.C.’s housing market next year — and is there a consensus?


Last year, real estate pundits predicted that sales in 2019 would rebound after a soft 2018. And they were partially right, although it ended up happening too late in the year for the full-year total to be described as a recovery.
So what are the various real estate industry organizat... read more.

$16,500 raised in Aldergrove, 66 kids go to camp free in memory of Brooklyn

(December 17, 2019)

As this year comes to an end, its wonderful to know that the true spirit of Christmas is alive and well in our community. A heartwarming story to remind us about the true meaning of Christmas....


Family and camp friends remember late young Loft Country rider during Saturday night fundraiser in Aldergrove



A 20-acre camp, tucked away in the 2600-block of 248th Street held a fundraising dinner on Satur... read more.

Upcoming B.C. Assessment values to ‘reflect moderating market’ 

(December 10, 2019)

Residential sector — especially in Lower Mainland — to see lower valuations, but commercial and industrial real estate values hold firm

VICTORIA – Many soon-to-be released property assessments will show a moderating market, with more modest changes in property values compared to previous years based on trends in the real estate market as of July 1, 2019."We first saw signs of moderation during the... read more.

BC condo owners brace for sticker shock as insurance rates surge 50 to 300%

(December 02, 2019)

B.C. condo owners are bracing for sticker shock amid surging insurance rates for their homes.


“Rates are increasing for people in policies now anywhere from 50 to 300 per cent, and deductibles are going from the conventional $10,000 or $25,000 to $100,000, $250,000 or $500,000,” said Tony Gioventu, executive director of the Condominium Home Owners Association.

The reasons for the surging rates are m... read more.

Residential sales across B.C. to rise 10.9% in 2020: BCREA

(November 18, 2019)

After what is expected to be a weak 2019 overall, with sales down 1.8 per cent from 2018, residential resale transactions in B.C. are predicted to recover significantly in 2020, according to a November 6 B.C. Real Estate Association forecast.


“After a slow start to 2019, MLS home sales in B.C. have embarked on a sustained upward trend since the spring,” said Brendon Ogmundson, BCREA Chief Economist... read more.

Older Posts

Categories

Archives

Subscribe To This Blog