Bikram Bhangu - Helping Families Get Into Their Dream Home

Bikram Bhangu - Helping Families Get Into Their Dream Home A home is all about how you feel when you walk through that front door and take a deep breath in.

06/19/2026

Hi, my friends, do you know anyone else who might need help buying or selling a home?
If you can refer to my name and contact, I would appreciate it.
Thanks
604 226 7799
Century 21 Coastal Reality

06/10/2026

Bank of Canada keeps it lending interest rate at 2.25%.

05/07/2026

🏡 Key Highlights — Fraser Valley (Latest: April 2026)
📈 Sales Finally Rising Again
Home sales in the Fraser Valley increased 7% year‑over‑year in April 2026 — the first annual increase in more than a year.

Month‑over‑month, sales rose 11%, signalling renewed activity.

04/29/2026

Bank of Canada holds key interest rate at 2.25%.

Market Conditions — Fraser Valley (April 2026)Key dynamics:Inventory remains elevated, giving buyers more leverage.Sales...
04/28/2026

Market Conditions — Fraser Valley (April 2026)
Key dynamics:
Inventory remains elevated, giving buyers more leverage.
Sales activity is below the 5‑year average, especially in presales.
Developers are cautious, delaying launches and adjusting pricing.
Resale listings face heavy competition, making pricing strategy critical.
Rental supply is increasing, softening rents slightl

04/14/2026

• Inventory is rising
• Listings and available homes are well above normal levels, giving buyers more leverage ï¿Œ

👉 Bottom line: It’s currently a buyer-leaning market, especially in the Lower Mainland.

03/18/2026

Market Overview — Lower Mainland (Latest Reports)
📉 Sales & Activity
Greater Vancouver (GVR)
1,846 sales in the latest monthly report — down 15.4% year‑over‑year and 20% below the 10‑year seasonal average.
Homes are taking longer to sell:
51 days (detached)
39 days (townhomes)
44 days (condos)
Fraser Valley (FVREB)
943 sales, down 17% year‑over‑year.
Sales‑to‑active listings ratio at 10%, clearly a buyer’s market.
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03/18/2026

Key Tips for New Home Buyers in BC

7. Be Aware of New Tax Risks
BC is introducing a Home-Flipping Tax (effective Jan 1, 2025) on profits from selling a
residential property within 2 years of purchasing it.
Understand how this might affect you if you're planning to sell early or flip.
8. Plan for Long-Term Ownership
Be comfortable staying in the home for enough time to offset your transaction costs (legal
fees, inspection, PTT, etc.).
Think about your exit strategy: Will you stay long-term? Rent out part? Sell in several years?
9. Stay Informed on Policy Changes
Real estate policy changes often (especially tax and incentive programs). Keep up-to-date via
the BC government website or trusted real estate sources.
Work with professionals (agent, mortgage broker) who are also current on incentives and
local market shifts.

03/18/2026

Bank of Canada held the interest rate at 2.25%.

03/06/2026

📈 Broader Economic Context
Inflation in B.C. rose to 2% in January 2026, still among the lowest in Canada.

Mortgage rates remain steady, supporting expectations of slightly higher sales later in 2026 despite current weakness.

Address

32615 South Fraser Way #207, Abbotsford
Abbotsford, BC
V2T1X8

Telephone

+16042267799

Website

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