Naru Menon’s Blog
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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…
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Alberta और B.C. की प्रॉपर्टी मार्केट्स में जबरदस्त तेजी
Calgary, Edmonton और British Columbia के शहर जैसे Vancouver में प्रॉपर्टी की बिक्री लगातार बनी हुई है, जिसकी वजह है लोकेशन, दाम और सुविधाएं। Alberta में शहर के बाहर नए सिंगल-फैमिली घरों के साथ दाम स्थिर हैं, जबकि BC में दाम ज्यादा हैं और सप्लाई कम है, इसलिए यहां सिटी सेंटर के पास कंडो पर…
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Check out my new listing Address: 19696 HAMMOND Unit #41, Pitt Meadows, British Columbia V3Y0G7
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…
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Canada Construction to Grow 2.6% in 2025
Slide 1: Canada’s construction sector is set to grow 2.6% in 2025, driven by rising building permits. Slide 2: Canada plans CAD180 billion investment in infrastructure by 2028 under the Investing in Canada Plan.
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B.C. 2025: Smart Buyers Capitalize Now
Sales dip means buyers face less competition and stronger negotiation power. Listings are increasing, giving buyers broader choice in key markets.
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BC Cuts Housing Fees, Builds Homes Faster!
B.C. changes rules to cut early-stage housing costs and speed up construction starts. Developers can use surety bonds, freeing capital unlike restrictive letters of credit.
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Home sale trend stabilizing in June
Home sales in Metro Vancouver showed signs of recovery in June 2025, with a 9.8% year-over-year decline, halving May's drop. New listings rose 10.3%, and total active listings increased 23.8%. The sales-to-active listings ratio was 12.8%, indicating balanced market conditions. The MLS® Home Price Index benchmark price fell 2.8% to $1,173,100, with detached, apartment, and…
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How to Get Your Property Sale-Ready in 5 Steps
Enhance curb appeal: A well-maintained exterior creates trust and attracts buyers from the moment they arrive. Declutter and depersonalize: Remove personal items to allow buyers to imagine themselves in the space.
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What to Expect From BC’s 2026 Housing Market?
Home sales in B.C. are expected to decline by 5.0% in 2025. A strong rebound of 19.5% in sales is forecasted for 2026 as confidence returns.