Author Archives: Mark J. Walker

Sales Slower While October Listings At Four Year Highs

The REBGV reports, home sales slower while October listings at four year highs across Metro Vancouver. Residential home sales in the region totalled 1,966 in October 2018, a 34.9% decrease from the 3,022 sales recorded in October 2017, and a 23.3% increase compared to September 2018 when 1,595 homes sold.

Last month’s sales were 26.8% below the 10-year October Read More

Protect Yourself: Strata Water Deductible Review Reminder

Protect Yourself: Strata Water Deductible Review Reminder - Mark J Walker

It’s the time of year for your strata water deductible review. The majority of strata Annual General Meetings are coming up over the next few months presenting an ideal opportunity for strata lot owners to verify that their home owner insurance policy water deductible coverage matches that of the strata corporation’s master building policy and if not advise their insurance Read More

Housing Supply Rises As Demand Slows Across Metro Vancouver

Housing supply rises as demand slows across Metro Vancouver in September, while home buyer demand remained below typical levels for this time of year.

The Real Estate Board of Greater Vancouver (REBGV) reports that residential property sales in the region totalled 1,595 in September 2018, a 43.5 per cent decrease from the 2,821 sales recorded in September 2017, and a … Read More

Duplex Re-Zoning Catches Vancouver By Surprise

Vancouver's Duplex re-zoning catches Vancouver by surprise: and is a real game changer!

Duplexes Can Now Be Built in 99% of Vancouver’s Single-Family Areas!

Wow, that was quick and seemingly out-of-the-blue!!  Duplex re-zoning catches Vancouver by surprise: and is a real game changer! Following only two days of public hearings and heated debates, Vancouver City Council approved a new policy this evening that allows the construction of duplexes within 99% of all single-family … Read More

Staged For Success: Top Ten Pro Secrets

Staging your home prior to listing, more often than not, results in a faster and more profitable sale.1  In fact, the North American Real Estate Staging Association estimates that professionally staged properties spend 73% less time on the market, receive more foot traffic, and typically sell for more money.2

To get a plan customized for your particular property, … Read More

Home Sales Down While Listings Increase Across Metro Vancouver

The Metro Vancouver housing market saw fewer home buyers and more home sellers in April.

The Real Estate Board of Greater Vancouver (REBGV) reports that residential property sales in the region totalled 2,579 in April 2018, a 27.4% decrease from the 3,553 sales recorded in April 2017, and a 2.5% increase compared to March 2018 when 2,517 homes sold.

Last … Read More

Market Worries Keep Buyers & Sellers on Sidelines

Market worries keep buyers and sellers on sidelines.  Home buyers and sellers were less active in Metro Vancouver throughout the first quarter of 2018.

The REBGV reports that residential home sales in the region totalled 2,517 in March 2018, a 29.7% decrease from the 3,579 sales recorded in March 2017, and a 14% increase compared to February 2018 when 2,207 … Read More

RE/MAX 2018 Spring Market Update Video Report

The RE/MAX 2018 Spring Market Update Video Report, is out!

Greater Vancouver continues to be a buyer’s market with great demand for condominiums. The foreign buyer’s tax and high prices for detached homes have had an impact on the low activity in January and February. With the new speculation tax, a lot of buyers are holding off on purchasing.

Greater

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Metro Vancouver Real Estate Market Dropped Throughout First Quarter

Home buyers and sellers were less active as Metro Vancouver real estate market dropped throughout first quarter of 2018.

The Real Estate Board of Greater Vancouver (REBGV) reports that residential home sales in the region totalled 2,517 in March 2018, a 29.7% decrease from the 3,579 sales recorded in March 2017, and a 14% increase compared to February 2018 when … Read More

Goodbye Yaletown Parallel Parking, But Angled Parking Remains.

The City of Vancouver has backed down on its controversial plan to remove angled parking stalls on Hamilton Streets and Mainland Streets, and instead it will be implementing a pilot program of removing parallel parking spaces.

Depending on who you ask, between 80 and 150 stalls would have been removed if angled parking areas were replaced with parallel parking, … Read More