Naru Menon’s Blog
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Interior Improvements: What Buyers Really Want?
Enhancing interior features makes your home more appealing and increases buyer interest. Kitchen upgrades, including energy-efficient appliances and extra storage, significantly boost resale value.
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गृह सुधार अनुबंधों में पूरा होने की तारीखें शामिल होनी चाहिए
B.C. के एक जज ने एक ठेकेदार को गृहस्वामी की $10,000 की जमा राशि वापस करने का आदेश दिया क्योंकि उनके सुधार अनुबंध में पूरा होने की तारीख नहीं थी। इस फैसले से स्पष्ट होता है कि British Columbia Business Practices and Consumer Protection Act के तहत गृह सुधार अनुबंधों में ऐसी तारीखें आवश्यक हैं।…
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Ready to Sell Your Home? Best Months in Q1
February and March are the best months to list a home, with 66.3% selling successfully. Homes listed in February typically find buyers in 51 days, the quickest time of the year.
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Burnaby Rents Drop 4% in a Year!
Rent prices in Burnaby, BC, dropped 2% last month and 4% over the past year. As of March 2025, the median rent in Burnaby is $2,687, 37% above Canada's national average.
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पहली बार घर खरीदने वालों के लिए गाइड: अपने पहले घर को खरीदने के 10 कदम
पहली बार घर खरीदने का निर्णय लेना एक सोच-समझकर किया गया कदम है, खासकर जब घरों की कीमतें ऊँची हों। डाउन पेमेंट आमतौर पर घर की कीमत का 5% से 20% होता है, साथ ही क्लोजिंग फीस, होम इंस्पेक्शन और प्रॉपर्टी टैक्स जैसे अतिरिक्त खर्चे भी होते हैं। पहली बार खरीदने वाले First-Time Home Buyers…
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Metro Vancouver sees new listings rise, sales drop and prices hold steady in Feb.
Metro Vancouver's housing market is stabilizing with tempered growth in listings, according to the Greater Vancouver Realtors. In February, residential sales totaled 1,827, an 11.7% decline from the previous year and 28.9% below the 10-year average. New listings increased to 5,057, up 10.9% year-over-year. Active listings reached 12,744, a 32.3% rise from February 2024. The…
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BC’s Seismic, Zero-Carbon Rules Reshape Construction!
As of March 10, 2025, all new building permit applications must comply with the updated BC Building Code. The new rules include stricter seismic design requirements to better protect buildings from earthquakes.
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BC Forecast: What to Expect Next?
Home prices are rising as lower mortgage rates drive more sales, especially in Vancouver and Victoria. Rental vacancy rates are increasing with new units entering the market, though rents remain high.
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Rental Market Trends in Burnaby, BC
As of March 2025, the average rent in Burnaby, BC is C$2,048/month, with prices ranging from C$1,823 to C$3,191 based on location and size. Over the past year, rent has decreased by 0.8%, equating to an average reduction of C$15 per month. Continue to full article
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B.C. “Well-Positioned” Despite Tariff Uncertainty
B.C.’s economy is well-positioned to handle potential U.S. tariffs, thanks to its diverse industries and investment opportunities.Private-sector forecasters expect steady economic growth, with real GDP projected to grow by 1.9% in 2025.