Real Estate Roundup Blog – Insights, Trends, and Tips for Buyers and Sellers

February 2025 Market Statistics

Posted on Mar 07, 2025

February 2025 Market Highlights for the GVR, FVREB, and VIREB

The spring season traditionally brings increased real estate activity. If sellers continue to list their homes at a steady pace and buyers gain confidence in the market, we could see stronger sales numbers in the coming months. However, if economic uncertainty lingers, the market may continue its cautious pace.

The next Bank of Canada meeting is sch...

January 2025 Market Statistics

Posted on Feb 07, 2025 in Statistics

January 2025 Market Highlights for GVR, FVREB and VIREB

It looks like 2025 is starting off with a bang with the swearing in of a new government in the US and the threat of tariffs hanging over our already shaky economy. When I first heard about the plans, I assumed that it was just a negotiation ploy and it seems like it will continue to be used to extract the most economic concessions that they can get...

December 2024 Market Statistics

Posted on Jan 06, 2025 in Statistics

December 2024 Market Highlights Infographic

Happy New Year! We wish everyone a healthy, happy, and prosperous 2025!

We thought that we would start this newsletter by looking back at the year that was 2024.

REAL ESTATE MARKET TRENDS FOR 2024

Market Dynamics & Opportunities:

December saw increased sales activity in all of the regional real estate boards, including the GVR, FVREB, and VIREBs, indic...

$80K Secondary Suite Loan Program Interest Rate: 2%!

Posted on Jan 06, 2025 in Homeowner Incentives

Attractive young couple planning their basement suite renovation

Increased Loan Limit for Secondary Suites

Launching in early 2025, the Canada Secondary Suite Loan Program will raise its loan cap to $80,000, doubling the previous $40,000 limit. This expansion will make it easier for homeowners to secure low-interest financing for creating secondary suites, including:

Converting basements into rental apartments.
Tra...

November 2024 Market Statistics

Posted on Dec 04, 2024 in Statistics

As the holiday season approaches, the market is showing some interesting dynamics. Traditionally, December sees a slower pace as people focus on holiday plans, family gatherings, and festive events. However, this year has been anything but typical!

October’s sales exceeded the 10-year average, and November kept up the momentum. Now, December is star...

2024 - 2025 Real Estate Outlook for GVR, FVREB, and VIREB

Posted on Nov 06, 2024

Real Estate Market Analysis and Forecast: October 2024

Market Trends Across Metro Vancouver, Fraser Valley, and Vancouver Island

Demand Rebound with Balanced Markets: Across all three regions, October 2024 showed a notable increase in sales, largely driven by recent interest rate cuts from the Bank of Canada. Metro Vancouver saw a 31.9% increase in s...

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