Carole Lieberman - Personal Real Estate Corporation

02/24/2025

04/05/2024

VANCOUVER REAL ESTATE SPRING UPDATE

- 5% fewer homes sold in Greater Vancouver compared to March 2023
- 15% more homes were listed for sale compared to March 2023
- Spring Break turned into a real estate break


Spring break took some of the life out of the real estate market this year, as this pent-up real estate market continues to simmer with many waiting to act. The expectation is that buyers and sellers will soon get back to the market with more urgency.

The wait continues for the next Bank of Canada announcement on April 10th. Signs had been pointing to a rate cut but there may not be rush decision to lower rates.

Supply is where the focus needs to be with more than one million people coming to Canada in each of the last two years. The anti-flipping tax and strengthened restrictions on landlord use of property evictions, appear to decrease supply and limit investor involvement. Without that capital, fewer homes will be built for renters and owners. Recent reports state that 741,000 new homes are needed each year through 2030, but there were only 223,000 housings starts in 2023.

With demand still showing signs of waiting for rate changes in buyers’ favour, activity levels continue to be on the lower side. Sales in January, February and March were down from last year, and below the 10-year-average, but some multiple offers are still occurring in the marketplace. Hopefully, if the economy cooperates, we will see more buyers focus on the market with a closer path to interest rates coming down. Vancouver continues at 3 months supply with its perpetually low inventory although it is above last year’s total of new listings.

With limited inventory over the last 10 years, prices haven’t faced the downward pressure that would be expected with the slower pace of the market.

07/27/2023

https://bella1970.com/?utm_source=Friends+of+Re-Emerging+Films&utm_campaign=c4175aa8ef-EMAIL_CAMPAIGN_2022_10_18_04_20_COPY_11&utm_medium=email&utm_term=0_f2545b8cb3-c4175aa8ef-36708785&mc_cid=c4175aa8ef&mc_eid=c5d879cca3

Details of Fall showing of Bella! in Vancouver is coming soon!

12/01/2022

CANADA'S FOREIGN BUYER BAN
BEGINS JANUARY 2023
Courtesy of BCREA / By: Matt Mayers

Effective January 2023, non-Canadians will be banned from buying homes across Canada, through the Prohibition on the Purchase of Residential Property by Non-Canadians Act, prohibiting non-citizens and non-permanent residents from purchasing residential property in Canada for two years. Details:

https://t.apemail.net/c/nqkvid2saedqevqodicqgbstdibvevqbdjlamvafdibfiasuaubqgvcukyaq4fi3aydakaaaaahbwaycamhq6aygaynqkbabambqkaqgamnqogyvpf3bkgyvafkambqpkikwu-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

12/01/2022

BC’S HOME BUYER RESCISSION PERIOD: YOUR QUESTIONS ANSWERED

Courtesy of BCREA / By: Matt Mayers

The Home Buyer Rescission Period (HBPP), previously known as “Homebuyer Protection Period” and “cooling-off period,” is expected to be implemented province-wide on January 3, 2023.

https://t.apemail.net/c/nqkvid2saedqevqodicqgbstdibvevqbdjlamvafdibfiasuaubqgvcukyaq4fi3aydakaaaaahbwaycauaqabigainqkbabambqkaqgamnqogyvpf3bkgyvafkambqpkikwu-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

12/01/2022

Thank you always for your trust and confidence –
we continue to actively sell Vancouver Real Estate, look after all of your Real Estate needs and build lasting relationships.

To keep you updated, we are pleased to provide details of forthcoming Real Estate changes:

RENTAL RESTRICTION CHANGES IN STRATA PROPERTIES

Courtesy of the BCFSA

The Government of B.C. announced changes to legislation that will remove rental restrictions in strata properties and introduced the new Housing Supply Act which will provide select municipalities with increased powers to address housing development.

https://t.apemail.net/c/nqkvid2saedqevqodicqgbstdibvevqbdjlamvafdibfiasuaubqgvcukyaq4fi3aydakaaaaahbwaycamhq6aygaenqkbabambqkaqgamnqogyvpf3bkgyvafkambqpkikwu-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

10/18/2022

01/08/2022

Love this team!

01/08/2022

https://dexterrealty.us1.list-manage.com/track/click?u=43a9fcc2f66276243ebaedf80&id=81c31c2490&e=61d7e6d94a

01/08/2022

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