lara & leanne realty group

MARKET UPDATE APRIL 2023

Posted on May 03, 2023

Prices continue rising across Metro Vancouver as home buyer confidence returns.

Listing activity remaining below historical norms, home sales in Metro Vancouver have mounted a surprising comeback, rising near levels seen last spring. This was before eight consecutive interest rate hikes eroded borrowing power and brought home sales activity down alo...

March Market Update

Posted on Apr 21, 2023

Spring brings renewed price growth across Metro Vancouver’s housing market while new listings remain dormant

Home prices across Metro Vancouver’s housing market showed modest increases in March, while new listings remained below long-term historical averages.

March data also indicates home sales are making a stronger than expected spring showing so...

WHY SELL A HOUSE WITH A REALTOR?

Posted on Apr 13, 2023

Selling a house can be a complex and time-consuming process. We provide valuable guidance + support throughout the process.

Here are the reasons why you might consider us to sell your house:

Expertise: As professional REALTORS* we have the knowledge, skills, and experience to guide you through the entire selling process. We understand the local marke...

The Government of Canada has announced 4 key amendments to its Foreign Buyer Ban, which came into effect on January 1 2023.

Posted on Mar 30, 2023

The Government of Canada has announced four key amendments to its foreign buyer ban, which came into effect on January 1 2023.

Officially known as the Prohibition on the Purchase of Residential Property by Non-Canadians Act, 2 year ban was introduced as part of the government’s efforts to address housing affordability concerns.

But following feedback...

9 Government Grants and Rebates - Housing

Posted on Mar 27, 2023

1. Home Buyers’ Plan
Qualifying home buyers can withdraw up to $35,000 (couples up to $70,000) from their RRSPs for a down payment. Must repay within 15 years. Eligibility to use the program a second time: home buyers who’ve experienced a breakdown in their marriage/common-law partnership and those who have repaid their RRSP. Can be used together wi...

February 2023 Monthly Update

Posted on Mar 07, 2023

The Real Estate Board of Greater Vancouver (REBGV) reports that residential home sales in the region totalled 1,808 in February 2023, a 47.2% decrease from the 3,424 sales recorded in February 2022.

So what does Andrew Lis say? He is REBGV’s director, economics and data analytics.

"It’s hard to sell what you don’t have, and with new listing activity...