BCREA News Update- Record Low Mortgage Rates Push Home Sales Higher

& BC Real Estate Update, Blog Post, Victoria Real Estate Update.

Vancouver, BC – May 13, 2014.  The British Columbia Real Estate Association (BCREA) reports that a total of 7,730 residential sales were recorded by the Multiple Listing Service® (MLS®) in April, up 12 per cent from April 2013. Total sales dollar volume was $4.3 billion, an increase of 19 per cent compared to a year […]

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BCREA Economics Now- Canadian Building Permits

& Blog Post, Victoria Real Estate Update.

Canadian building permits declined 3 per cent in March, following an 11.3 per cent decline in February.  Lower construction intentions in the non-residential sector overwhelmed smaller gains in residential permitting activity. Construction intentions in BC rose 9.4 per cent month-over-month and 16.5 per cent year-over-year in March. The dollar value of residential permits rose 12.1 […]

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Estate Sale Update

& BC Real Estate Update, Blog Post, Victoria Real Estate Update.

The British Columbia provincial government has recently enacted new wills and estate legislation called the Wills, Estates and Succession Act (“WESA”) that replaces the existing wills and estate legislation. As a result of WESA, almost all forms required to be submitted to the probate office to process a probate application have changed. As the probate […]

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Hot New Property – Bright and Open Close to the Beach

& BC Real Estate Update, Prestigious, Victoria Real Estate Update.

Wonderful Home in the popular Lagoon area of Colwood.   Newer home in sought after Lagoon area, steps to the, beach, ocean & bird sanctuary. This well cared for 3 bed, 3 bath home has a bright, open concept with over 1800 sqft of living space and large, private backyard. French doors lead from the […]

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