Monthly Archives: December 2015

Housing Demand Remains Strong, While Supply Shrinks Further!

Housing demand remains strong, while supply shrinks further. Even as home listings began the traditional year-end decline the REBGV reports that residential property sales in Metro Vancouver reached 3,524 on the MLS®, a 40.1 per cent increase compared to the 2,516 sales recorded in November 2014, and a 3.3 per cent decrease compared to the 3,646 sales in October 2015… Read More

Understanding Depreciation Reports For Both Buyers and Sellers!

deprecation-reports

Depreciation reports are a relatively new requirement for strata corporations in BC. A depreciation report, also known as a reserve fund study in other parts of Canada, is a planning tool that enables strata corporations to look into the next 30 years of the life of their buildings. It gives you a clear understanding of what the strata is responsible … Read More