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July 2017

 
 

Advice for retirees who must answer the question: Buy, sell or rent?

It wasn't that long ago when the outlook for retirees focused on baby boomers downsizing and moving into smaller homes in the country - trading an urban lifestyle with a relaxing, rural retirement.

Fast forward 20 years, and many retirees are opting to stay in their homes for longer: renovating, upgrading and improving accessibility along the way.

A comfortable home is a comfortable lifestyle that many are not willing, or wanting, to give up.

Buy, sell or rent? That's the key question for retirees. CTV's Chief Financial Commentator Pattie Lovett-Reid discusses how you can determine when it's time to sell your home or buy a new one in this CTV News video clip and blog.

 
 

Monthly Local Market Update

Summer is in full swing and everyone just wants to be outside so think of this as your 60 second market update for your area!

Quick and easy, these are the key market statistics comparing June 2017 with June 2016.

 

Abbotsford

Bowen Island

Burnaby East

Burnaby North

Burnaby South

Cloverdale

Coquitlam

Kelowna

Ladner

Langley

Maple Ridge

Mission

Nanaimo

New Westminster

North Delta

North Surrey

North Vancouver

Parksville

Pitt Meadows

Port Coquitlam

Port Moody

Richmond

South Surrey/
White Rock

Squamish

Sunshine Coast

Surrey - Central

Tsawwassen

Vancouver - East

Vancouver - West

Victoria

Vernon

West Vancouver

Whistler

30+ Genius Ways to Throw a Better Backyard Barbecue

It's summertime and—as the saying goes—the living is easy. Or at least it will be when you steal these fast, fresh tips for your next backyard BBQ. Our favourites is #4.

 

B.C. Real Estate News

LOWER MAINLAND

Metro Vancouver suburbs getting less and less affordable: Vancity (BIV)

Surrey council approves ‘iconic' project that aims to revitalize Whalley (Surrey Now)

Major developments loom on Port Moody horizon (BIV)

$13M in down payment loans driving Vancouver condo prices up: Economist (Global News)

VICTORIA & VANCOUVER ISLAND

June real-estate sales in capital better than average, less than 2016 (Times Colonist)

Wall Street Journal promotes ‘affordable' Victoria lifestyle (Chek)

Low inventory, high demand driving Nanaimo home prices up (CTV News)

WHISTLER & SUNSHINE COAST

Whistler, Victoria crack down on short-term rentals like Airbnb (BIV)

Sunshine Coast real estate sales lag behind 2016 records (Coast Reporter)

OKANAGAN

B.C. recreational property market rebounds (Keremeos Review)

High demand and few listings cause soaring house prices (Penticton Western News)

 
 

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