Monthly Real Estate Market Report – February 2024

In January, home sellers in Metro Vancouver were not very active. However, in February, new listings increased by 31 percent when compared to the same period last year. This resulted in a significant number of newly listed properties being available in the market. According to Greater Vancouver REALTORS® (GVR) report, there were 2,070 residential sales … Read more

Monthly Rental Market Report – January 2024

After three consecutive decreases, Metro Vancouver has seen an increase in average rent prices this January. The latest data reveals a noteworthy uptick, with the average monthly rent price for an unfurnished, one-bedroom unit climbing by $26 to reach a new average of $2,367. This marks a significant shift since January 2023, reflecting an overall … Read more

Monthly Real Estate Market Report – December 2023

This December saw a total of 1,345 residential sales, a 3.2 percent increase from the 1,303 sales recorded in December 2022. Across all detached, attached and apartment property types, the sales-to-active listings ratio for December 2023 is 16 percent. “You could miss it by just looking at the year-end totals, but 2023 was a strong … Read more

How To Start Managing Airbnb Properties?

Airbnb has revolutionised the way we travel and find accommodation. With over 7 million listings worldwide, the platform has become a popular choice for traveler’s looking for unique and affordable places to stay. This popularity has also created a new opportunity for property owners to generate extra income by renting out their homes, apartments or … Read more

Is Digital Real Estate Legit?

The world is changing, and so are the ways we make money. In recent years, the rise of digital real estate has been a hot topic of discussion. But what exactly is digital real estate, and is it a legitimate way to make money? Digital real estate refers to the creation and ownership of websites, … Read more

Monthly Real Estate Market Report – November 2023

With just one month remaining in 2023, the housing inventory in Metro Vancouver is experiencing a steady rise. This increase presents home buyers with an extensive selection, the largest since 2021. According to the Real Estate Board of Greater Vancouver (REBGV), residential sales in the region reached a total of 1,702 in November 2023. This … Read more

Monthly Rental Market Report – November 2023

The average rent prices in Metro Vancouver have experienced a notable downward trend for the past two consecutive months. In November, the average monthly rent price for an unfurnished one-bedroom unit witnessed a significant decrease of $44, resulting in a new average of $2,362. It is interesting to note that when comparing this year’s average … Read more

Monthly Real Estate Market Report – October 2023

The latest report from the Real Estate Board of Greater Vancouver (REBGV) reveals a surge in newly listed properties, providing more choices for homebuyers in Metro Vancouver. October 2023 witnessed a notable rise in newly listed properties, offering a more diverse range for those in the market. Although residential sales experienced a modest uptick, they … Read more

Monthly Rental Market Report – October 2023

October’s data highlights a shift in pricing dynamics for one-bedroom units, with furnished accommodations experiencing a notable upswing in average prices, as opposed to a decline in the cost of unfurnished units. Notably, unfurnished one-bedroom units are now, on average, $220 more budget-friendly than their furnished counterparts as of October. Landlords who furnish their units … Read more