April saw buyer demand relax further across Metro Vancouver*, resulting in home sales returning to more traditional levels.

“So far this spring, we’ve seen home sales ease down from the record-breaking pace of the last year”, says Daniel John, Chair at the Real Estate Board of Greater Vancouver (REBGV). He adds, “While a small sample size, the return to a more traditional pace of home sales that we’ve experienced over the last two months provides hopeful home buyers more time to make decisions, secure financing and perform other due diligence such as home inspections”.

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https://stilhavn.com/metro-vancouver-housing-update-april-2022/

Kitsilano, or often Kits for short, is a very popular area of Vancouver for people to not only call home, but to stretch out on the beach on the weekends, take their bikes for a joyride or to simply spend a day inspecting the popular shops and bustling eateries.

Named after August Jack Khatsahlano, an Indigenous/Aboriginal chief of the Squamish people, the area originally offered plenty of resources for those who lived here to hunt, fish, trap and gather.

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https://stilhavn.com/location-spotlight-kitsilano/

Metro Vancouver* remains an incredibly sought-after location for many homeowners, with buyer interest and demand continuing to stay put at elevated levels. However, overall home sale activity dropped last month – a calmer outcome compared to last spring’s record pace.

Daniel John, the Real Estate Board of Greater Vancouver (REBGV) Chair commented on the current market movement since last year’s record numbers; “March of 2021 was the highest selling month in our history. This year’s activity, while still elevated, is happening at a calmer pace than we experienced 12 months ago. Homebuyers are keeping a close eye on rising interest rates, hoping to make a move before their locked-in rates expire.”

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https://stilhavn.com/metro-vancouver-housing-update-march-2022/

So, you’ve decided you’d rather pay off a monthly mortgage than farewelling rent payments to your landlord. You’ve found out your family is expanding and you’re in need of a little extra space to move and grow. You’ve decided you’d like to invest in a little vacay property to escape to for the weekends. Whatever your reason for buying a home, there are always going to be considerations you should ask yourself to find out “is this the right home for me”?

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https://stilhavn.com/top-5-self-checklist-is-this-the-home-for-me/

With the property market remaining strong in favour of the seller, you’ve decided to jump on the bandwagon and make a move. But… should you connect with a realtor and get yourself a licensed listing agent, or go it alone and list privately?

Although selling as ‘For Sale By Owner’ (FSBO) may sound attractive in some respects, are you prepared to mitigate the risks and handle such a large financial transaction without a well-connected and experienced support line?

Here are our Top 5 reasons to partner with one of our market-leading REALTORS® to walk you confidently and safely through each step of the selling process, and save you time and money along the way…

https://stilhavn.com/top-5-reasons-for-a-realtor-when-selling-your-home/

As we edged further into the new year, there was a modest increase in the number of listings available in Metro Vancouver’s housing market* – welcomed news for eager house hunters across the area.

However, even though the number of available properties has increased from previous months, the overall level of supply remains tight, continuing the upward trend in pricing.

Taylor Biggar, the Real Estate Board of Greater Vancouver (REBGV) Chair commented on these observations by saying, “As we prepare to enter what’s traditionally the busiest season of the year, the Metro Vancouver housing market is seeing more historically typical home sale activity and a modest uptick in home listing activity compared to last year.”

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https://stilhavn.com/metro-vancouver-housing-update-february-2022/

A Little History

Taking the title of British Columbia’s third-largest city, you can find Burnaby located in the Lower Mainland region, and at the geographic centre of the Metro Vancouver area.

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Moving Time?

Here are 5 helpful tips for a smoother moving experience:

https://stilhavn.com/top-5-tips-for-moving-house/

As we welcomed in a new year, January didn’t carry over much change to the levels of housing supply across Metro Vancouver. With inventory remaining low, house prices continued to edge upwards, whereas the number of home sales for the month did the opposite.

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https://stilhavn.com/metro-vancouver-housing-update-january-2022/

If it’s time to let the city lights guide you home, there are a number of fantastic neighbourhoods tucked away in Downtown Vancouver that might just be the perfect location for you.

With an assortment of sub-neighbourhoods located here to consider, let’s take a closer look at a few of them…

https://stilhavn.com/location-spotlight-downtown-vancouver/

In the last couple of years, our homes have seen a lot more of us than usual, and at the same time we’ve been paying a lot more attention to our walls, floors, and finishing’s also.

If you’re noticing there’s too many cooks in the kitchen, a light fixture that’s giving you more fixture than light or if you have walls that can talk and are begging to be refreshed, let’s look at some home makeovers to help clean up and clear-out this new year.

While there have been many renovation trends passing through homes from room-to-room over the years, and while the type of upgrade is chosen based on necessity or personal preference, we’ve made a list of our Top 5 categories with many options to choose from…

https://stilhavn.com/top-5-new-year-new-home-makeovers/

It’s official. Metro Vancouver set an all-time home sales record in 2021!

It was another year of continued movement, change and adjustment around the world, and for those of us living in Metro Vancouver, it was no different. A year where home sales kept steadily rising, reaching an all-time high as housing needs remained a top priority for residents in their second year of navigating life around Covid-19.

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https://stilhavn.com/metro-vancouver-housing-update-december-2021/