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Is the Most Affordable Real Estate Investment in Metro Vancouver also the Most Profitable?

Is-the-Most-Affordable-Real-Esate-Investment-in-Metro-Vancouver-also-the-Most-Profitable

I would describe myself as a sceptical investor. It usually takes a lot of research before I am convinced. Surrey real estate convinced me. Surrey properties are currently the most affordable real estate investment in Metro Vancouver. We have been looking after a number of properties in Surrey and the prospect of owning a brand … Read more

Monthly Market Report – August 2022

Metro Vancouver’s housing market is experiencing a quieter summer season marked by reduced sale and listing activity. The Real Estate Board of Greater Vancouver (REBGV) reports that residential home sales in the region totalled 1,870 in August 2022, a 40.7 per cent decrease from the 3,152 sales recorded in August 2021, and a 0.9 per cent … Read more

How to Choose the Best Property Management Company in Vancouver

Investing in real estate has proven to be a great way to earn passive income. You can earn monthly profits from renting your property. Or, you could earn a massive profit when you sell the home a few years after watching the value of the home increase significantly. Or, you could do both. However, real … Read more

Monthly Market Report July 2022

Metro Vancouver’s housing market has entered a new cycle marked by quieter home buyer demand and a gradual rise in the supply of homes for sale. The Real Estate Board of Greater Vancouver (REBGV) reports that residential home sales in the region totalled 1,887 in July 2022, a 43.3 per cent decrease from the 3,326 … Read more

Monthly Rental Market Report July 2022

July brings a welcome cool-off period for Metro Vancouver’s rent prices, with a slight drop from $2,056 in June to a new average of $2029. This $27 decrease comes after months of steady increases, signaling that the region’s rental prices may have peaked — or at least temporarily settled in at these new highs. Vancouver … Read more

Monthly Market Report June 2022

With interest rates and housing supply increasing, Metro Vancouver* home buyers are operating in a changing marketplace to begin the summer season.   The Real Estate Board of Greater Vancouver (REBGV) reports that residential home sales in the region totalled 2,444 in June 2022, a 35 per cent decrease from the 3,762 sales recorded in June … Read more

Monthly Rental Market Report June 2022

June once again sees a significant increase in Metro Vancouver’s average rent prices heading into the summer months. This month, the average rent for an unfurnished, one-bedroom unit across the region has climbed a further $40 to reach another new all-time high of $2,056. Vancouver itself experienced larger than usual changes this month, although prices were comparatively … Read more

Monthly Market Report – May 2022

After reaching record-setting levels in 2021, home sale activity has returned to more typical seasonal levels in Metro Vancouver* this spring due, in large part, to rising interest rates. Lets see the Monthly Market Report of May 2022 The Real Estate Board of Greater Vancouver (REBGV) reports that residential home sales in the region totaled … Read more

Monthly Rental Market Report May 2022

May is looking to be a huge month for Metro Vancouver’s average rental prices, as prices have reached sky-high levels as we head into the peak rental season. This month, the average rent for an unfurnished, one-bedroom unit across the region has risen as much as $108 to reach an all-time-high average of $2,016 per … Read more

Rising Landlord Costs May Hike Tenants’ Rent

Despite the high rent costs for residents of Toronto and Vancouver, the ownership costs of real estate investors have only increased in recent years, causing them to still lose money. According to the owner of Butler Mortgage, Ron Butler, “it’s all about leverage” referring to rising interest rates and the slowing down of the increasing … Read more