Jay Mcinnes

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Vancouver Real Estate News

Has The Market Bottomed???

Posted on Jan 17, 2023 in Vancouver Real Estate News

Has The Market Bottomed? 

This week I discuss the current state of the market and what we are seeing out there on the ground. The big talk is still regarding interest rates and what they are going to do over at the BOC next week. Forecasting aside, lets focus on what they have done and how they CURRENTLY effect the market. 
So with that, lets break dow...

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Vancouver Real Estate in December 2022

Posted on Jan 12, 2023 in Vancouver Real Estate News

Vancouver Real Estate - December 2022

We’ve finally rounded out the year, and taken a welcome step into 2023. What a year it has been as well. It seems we went from record highs, to record lows in such a short space of time. So let’s recap the year a little and then we can break down December of 2022.
At the forefront of discussion for last year is t...

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Mandatory Rentals in B.C!

Posted on Dec 02, 2022 in Vancouver Real Estate News

Mandatory Rentals in BC?!

Soooo a pretty big move by David Eby and the NDP Government here in BC this past week. On November 24, 2022 it is now mandatory for all buildings to allow rentals, and age restrictions (other than 55+ buildings) are out the door! This is to be enforced with immediate effect.
I don’t think anyone is at this point, but just in...

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Is Everyone Defaulting & What Does It Look Like?

Posted on Nov 24, 2022 in Vancouver Real Estate News

Is Everyone Defaulting & What Does It Look Like?

The question on everybody's mind when it comes to Real Estate and Mortgages. Are people now defaulting due to higher interest rates, and if so, what does that look like? For buyers, this is the age old fable of ‘Sellers NEED to sell, so I will get a deal’.
How true is that statement though really? When...

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October Real Estate in Vancouver = Delusional Sellers

Posted on Nov 09, 2022 in Vancouver Real Estate News

OCTOBER REAL ESTATE IN VANCOUVER = DELUSIONAL SELLERS

This won’t come as a surprise when I say this, and if it does, welcome back from the rock you’ve been living under for the last 6 months, but the housing market is cooling - Canada wide. We’ve known for a while, long enough that the “nay-sayers” cannot argue it anymore. Well now it’s been some ti...

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What Does 2023 Look Like in Vancouver Real Estate?

Posted on Nov 02, 2022 in Vancouver Real Estate News

WHAT DOES 2023 LOOK LIKE IN REAL ESTATE?

As we start closing out the year and coming to a slower part of the yearly cycle (Christmas, New Year etc.) We start to turn our heads to what the upcoming year may look like, especially with such a frantic year behind us… Thank God.
To round out the year I fully expect another hike from the Bank of Canada in...

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Sharp Real Estate Group

Mobile: 604-771-4606

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Oakwyn Realty Ltd

400 - 1286 Homer Street  Downtown Vancouver,  BC  V6B-2Y5 

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