Category: Uncategorized
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Check out my listing Address: 41 19696 HAMMOND ROAD, Pitt Meadows BC V3Y 0G7
Welcome to Bonson by Mosaic – a modern, move-in ready home in one of Pitt Meadows´ most sought-after family-friendly neighborhoods! Less than 5 years old and still covered under the 5-10 year home warranty, this beautifully maintained 3-bedroom,3-bathroom townhome features 10-foot ceilings, oversized windows that flood the space with natural light, new laminate flooring on…
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GVA Real Estate Cools, but Not Equally
Vancouver leads Canada in $/sq.ft. for homes and condos. West End homes avg. $1,110/sq.ft.; downtown condos avg. $1,206/sq.ft. Downtown condo prices ↓ 4.59%, West End homes ↓ 4.39% from previous year. Burnaby house prices ↓ >12%, attributed to investor sell-offs. B.C. sales expected to slow in August as buyers take more time.
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Is Bc’s Housing Slump a Pause Before 2026 Growth?
BC home sales forecast to decline 5.5% to 70,321 units in 2025. BC prices expected to drop, offsetting gains elsewhere in Canada. Sales rebound of 9.5% forecasted in 2026, hitting 76,981 homes sold. Price declines and lower sales reflect ongoing market cooling in BC. Buyers should watch BC closely as market conditions gradually improve.
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Canadian Housing Market Set for Stronger 2026 Outlook
Pent-up demand is returning, but national sales levels will stay subdued through the 2nd half of 2025. 2026 outlook improves with stronger sales, modest price gains, and reduced market uncertainty. National home sales are expected to decline by 3.3% in 2025 before rebounding strongly by 12.7% in 2026. Meanwhile, home prices are forecasted to drop…
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Home buyers remain cautious in Metro Vancouver and Fraser Valley
Greater Vancouver Realtors and Fraser Valley Real Estate Board report June 2025 housing markets moving toward balance with declining sales but rising inventory. GVR saw a 9.8% sales drop year-over-year, while FVREB sales were steady but 9% below last year. Prices softened modestly, with benchmark prices down 1-4.6%. Elevated listings and lower mortgage rates favor…
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BC Housing Market Outlook by Late 2025
Avg home price growth is expected to decline in BC in the second half of 2025. Home sales may remain subdued amid deteriorating job markets and high supply.
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Sales Rise Across BC, Drop in Lower Mainland
Home sales rose 1.3% in June, but the bigger market story is decline. Average B.C. home price fell to $954,065 — down 4.2% from last June.
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City of Burnaby switches to height-based building policies, abandoning density limits
Burnaby has replaced floor area ratio (FAR) density calculations with a Height-Based Development Framework to simplify project approvals and improve predictability. This new approach regulates building heights across nine zoning districts, allowing up to 40 storeys in some areas, with flexibility for additional height through community benefits. The framework supports transit-oriented development and aligns with…
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Happy Long Weekend!
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BC Powers Canada’s Mid-2025 Housing Growth
British Columbia led national growth, adding 28,000 units to its annualized housing start rate. BC reached an annualized rate of 64,200 units, a standout gain this June. Builders in BC responded to strong urban demand despite high development costs. BC’s housing momentum is a bright spot in Canada’s June construction landscape. The province’s surge helped…