Song Zheng Realtor Vancouver

Song Zheng Realtor Vancouver Contact information, map and directions, contact form, opening hours, services, ratings, photos, videos and announcements from Song Zheng Realtor Vancouver, Real Estate, 128/13071 Vanier Place, Richmond, BC.

09/25/2026

Welcome Holland beautiful modern home offers 1 Bed 1Bath529sqft living space +130sqft balcony and stunning city & mountain views, open concept kitchen with gas stove, strata fee including gas, A/C, 1 parking... 13,000 sf of building amenities include concierge service, gym, yoga studio, guest suite, indoor/outdoor social & dining lounge. Located in a fast growing community, steps to skytrain & robust public transportation. Enjoy the urban life of being so close to Holland Park, future UBC campus, Recreation center, Central City Mall, restaurants, and shops, library, T&T, Walmart. It is a great investment opportunity for yourself living here or rent out! Including 1 parking & 1 Locker.

More Choices for Homebuyers in Metro Vancouver and Fraser ValleyAs we approach fall, both Metro Vancouver and the Fraser...
09/25/2026

More Choices for Homebuyers in Metro Vancouver and Fraser Valley
As we approach fall, both Metro Vancouver and the Fraser Valley are shifting in favour of buyers. Recent data shows Metro Vancouver experienced a 4.6% drop in sales and a 5.6% decrease in benchmark price, now at $1,081,900. Inventory levels are also notable, sitting 26.2% above the seasonal average. The Fraser Valley is following a similar path, with sales activity down and prices seeing a 7% decline—clear signs of a strong buyer’s market. For clients considering a move or investment in Greater Vancouver or Richmond, understanding these shifts can help you make more confident choices in today’s market. My role is to help you navigate these changing conditions with clarity and local expertise.


https://www.roomvu.com/agent-news/song-zheng-263022/1974030-More-Choices-for-Homebuyers-in-Metro-Vancouver-and-Fraser-Va

09/24/2026

Canada’s Housing Market Eyes 2027 Recovery
As a REALTOR® serving Greater Vancouver and Richmond, I’m watching Canada’s housing market closely as it shows early signs of steadying. We’ve seen resales pick up and prices find some stability, largely thanks to improved affordability and stronger employment trends helping buyers regain some confidence. Many clients who paused their home searches are now finding themselves in a better financial position, with stronger savings and jobs, and may be ready to move forward in the near future. The forecast for 2026 suggests a slight dip—resales down around 4% to 453,000 and benchmark prices easing by about 2% to $794,000—before we see more positive momentum heading into 2027. Borrowing costs are near recent lows, with the central bank expected to keep rates steady for now, though trade tensions and energy prices are still factors to watch. By 2027, modest gains in both resales and prices are expected across all provinces, but the recovery is likely to be gradual rather than dramatic. I continue to support clients with up-to-date insight as the market evolves.

09/23/2026

Canada Fee Cuts Could Unlock Supply
Development fees are a significant factor in new-home pricing here in Canada, especially in markets like Vancouver. According to a recent national housing agency study, reducing these fees could make about 14% more residential projects financially viable. The impact in Toronto and Vancouver is particularly notable—eliminating these charges could boost viable projects by around 10%, and in Toronto, it could satisfy half the city’s stated supply goals. Looking at specific numbers, Calgary’s fees range from approximately $4,000 for a one-bedroom high-rise to $9,000 for a detached home, which is much lower than Vancouver’s $20,000–$33,000 for similar units. While these fees are vital for funding essential infrastructure like roads and sewer systems, the agency’s economist points out that the optimal fee level isn’t zero, but rather a balanced amount. For families, especially those seeking larger homes, lowering fees could make new family-sized units more competitive—something that’s been a challenge in our higher-priced markets, where new builds often cost more than similar resale homes. As someone who works closely with buyers and sellers in Greater Vancouver and Richmond, I see firsthand how fee structures shape our local market and influence what’s possible for families and developers alike.

09/22/2026

Several straight monthly gains: is Canada's market turning?
After several consecutive months of rising home sales, many are asking whether Canada’s market is shifting. July marked the fourth straight month of increased sales, with the average sale price ticking up 0.2% to $674,819. As a REALTOR® working with buyers and sellers throughout Greater Vancouver and Richmond, I’m especially attentive to signals like these: new listings dropped by 1.6%, and inventory currently sits at 4.7 months—suggesting we’re seeing a more balanced environment. For anyone considering their next move, understanding these trends can be a key advantage.

09/21/2026

Vancouver Home Sales Dip 4.6%
Vancouver’s real estate market continues its gradual shift, with 1,900 homes sold last month—a 4.6% dip as the second-half cooling trend persists. The composite benchmark price for residential properties now sits around $1.1 million. What’s driving these numbers? Inventory is building, with 4,100 new listings recently added, bringing total available properties to 15,800. This translates to more options for buyers, but also a softer pace for sellers, as prices edge lower in response to increased supply and tempered demand. Local analysts and the board expect this slower tempo to continue through the end of 2026, so those navigating Greater Vancouver’s market can expect careful scrutiny on price and selection. As someone committed to guiding clients through these evolving conditions in Vancouver and Richmond, I’m always watching these changes to help you make informed decisions.

Metro Vancouver Buyers Enjoy More Choices in Real Estate MarketAugust brought a noticeable shift in Metro Vancouver’s re...
09/20/2026

Metro Vancouver Buyers Enjoy More Choices in Real Estate Market
August brought a noticeable shift in Metro Vancouver’s real estate activity—sales dropped 4.6% compared to last year, even though buyers enjoyed more favourable conditions. We’re seeing the effects of slower immigration, reduced investor interest, and continued high mortgage rates. The benchmark price for Metro Vancouver homes now sits at $1,081,900, down 5.6%. Over in the Fraser Valley, sales slipped by 14%, and prices are also lower, averaging $869,900—a 7% decline. As someone dedicated to helping clients navigate the dynamic Greater Vancouver and Richmond markets, I’m closely watching these trends to guide informed decisions in a changing landscape.


https://www.roomvu.com/agent-news/song-zheng-263022/1966145-Metro-Vancouver-Buyers-Enjoy-More-Choices-in-Real-Estate-Mar

Vancouver Homebuyers Benefit from Easing PricesEven with recent shifts in Vancouver’s real estate market, the bar for ho...
09/19/2026

Vancouver Homebuyers Benefit from Easing Prices
Even with recent shifts in Vancouver’s real estate market, the bar for home ownership remains high. We’ve seen a $10,300 drop in prices and lower mortgage rates, which together have trimmed the required annual income by $2,540 and monthly payments by $70. Still, the income needed to purchase a typical home sits at $223,860—well above the city’s median salary of $69,000. Navigating these numbers can feel overwhelming, but understanding where the opportunities (and challenges) lie is key to making informed real estate decisions in Greater Vancouver. As someone who works closely with clients throughout Vancouver and Richmond, I can attest that staying informed and realistic is the first step toward achieving your real estate goals.


https://www.roomvu.com/agent-news/song-zheng-263022/1954764-Vancouver-Homebuyers-Benefit-from-Easing-Prices

Vancouver and Fraser Valley Offer More Choices for BuyersAugust 2026 brought a notable shift for Metro Vancouver and Fra...
09/18/2026

Vancouver and Fraser Valley Offer More Choices for Buyers
August 2026 brought a notable shift for Metro Vancouver and Fraser Valley real estate, with sales activity down 4.6% in Metro Vancouver and home prices declining by 5.6%. Detached properties were especially impacted. Over in the Fraser Valley, prices fell 7%, a reflection of mounting inventory, slower immigration, and persistently high mortgage rates. As someone who helps clients navigate the Greater Vancouver and Richmond markets, I’ve seen how these trends can shape both buyer and seller strategies. Staying informed is key in a changing environment like this—especially when timing and local expertise matter most.


https://www.roomvu.com/agent-news/song-zheng-263022/1967517-Vancouver-and-Fraser-Valley-Offer-More-Choices-for-Buyers

Address

128/13071 Vanier Place
Richmond, BC
V6V2J1

Opening Hours

Monday 9am - 7pm
Tuesday 9am - 7pm
Wednesday 9am - 7pm
Thursday 9am - 7pm
Friday 9am - 7pm
Saturday 9am - 7pm
Sunday 9am - 7pm

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