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Signs of housing market stability: B.C. Lower Mainland property assessments increase by 2% in 2024, with Vancouver single family homes rising by 4%

Signs of housing market stability: B.C. Lower Mainland property assessments increase by 2% in 2024, with Vancouver single family homes rising by 4%

by clarkwoods | Jan 23, 2024 | Real Estate

In a sign that the Lower Mainland real estate market seems to settling into a period of relative stability, recent 2024 property assessments released by BC Assessment this month show little change over 2023. Property owners in Vancouver and the Lower Mainland rung in...
Fraudulent property sale triggers $300k in penalties for real estate professionals

Fraudulent property sale triggers $300k in penalties for real estate professionals

by clarkwoods | Jan 11, 2024 | News, Real Estate

A group of real estate professionals have been hit with more than $300,000 in fines stemming from a fraudulent property sale in Richmond in 2019. According to the B.C. Financial Services Authority (BCFSA), two alleged con artists tricked the realtor, managing broker,...
Greater Vancouver real estate market sees surge in listings as buyer demand lags

Greater Vancouver real estate market sees surge in listings as buyer demand lags

by Gary McKenna | Nov 9, 2023 | Real Estate

The Greater Vancouver Real Estate Market is witnessing a notable shift, with the number of homes for sale steadily increasing in the Lower Mainland. However, buyers are showing caution and remaining on the sidelines, as revealed by the latest statistics from the...
Surrey woman ordered to pay $150k for damaging neighbour’s hedge

Surrey woman ordered to pay $150k for damaging neighbour’s hedge

by clarkwoods | Nov 7, 2023 | Law Blog, Real Estate

A Surrey homeowner has been ordered to pay significant damages for chopping down her neighbour’s cedar tree hedge.  Sukhwinder Kaur Khatkar was seen on video and in photographic evidence climbing the fence between her and her neighbour’s home holding a...
Metro Vancouver Housing Market: September 2023 Price Trends

Metro Vancouver Housing Market: September 2023 Price Trends

by clarkwoods | Oct 5, 2023 | Real Estate

Metro Vancouver saw a substantial surge in property listings with 5,446 detached, attached The Metro Vancouver housing market witnessed a slowdown in month-over-month price growth in September, according to the latest figures from the Real Estate Board of Greater...
Soaring Metro Vancouver housing market defies rising interest rates with price gains

Soaring Metro Vancouver housing market defies rising interest rates with price gains

by Gary McKenna | Sep 12, 2023 | Real Estate

Home prices remain resilient in the face of rising interest rates Rising interest rates do not appear to be putting a damper on housing prices in Metro Vancouver. According to the most recent sales statistics from the Greater Vancouver Real Estate Board, the benchmark...
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