Dr Sam Mehrbod’s Blog
-
Investors Drive Profitable Trends in Vancouver Housing
Greater Vancouver sees strong demand from investors and move-up buyers in H1, with 5K buyers ready to purchase.Limited inventory boosts detached home prices; over 70% of Greater Vancouver sees value increases.
-
The Impact of Vancouver Empty Home Tax
The Canadian housing market faces a severe imbalance, with supply lagging behind surging demand. Vancouver’s vacant home tax increased housing availability but did not spur new constructions or lower rents.
-
Vancouver Crash? Not With 21% Growth Predicted by 2028
Vancouver's housing prices will see slower growth over the next five years due to market factors. Urbanization and geographical constraints will continue to drive demand, but new mortgage regulations will stabilize prices.
-
Vancouver 1-Bed Rent Prices Rise $17 in Mid-Q3
The average rent in August for a newly listed, unfurnished, one-bedroom unit rose by $17, to a new average of $2,378. Surrey offers the lowest rents in Metro Vancouver, with one-bedroom units averaging $1,967.
-
Undemocratic BC Bills 44, 46, 47 & 18 don’t achieve housing affordability needs in Vancouver (or anywhere) so should be rescinded
The City of Vancouver is grappling with an affordable housing crisis, worsened by new provincial legislation shifting zoning authority to the Province. Upzoning is expected to result mostly in market housing, with few affordable options. Current targets show a mismatch between needs and developments, with 99% of units being market rentals. Additionally, 45% of approved…
-
Condo Renovation Do’s and Don’ts
Develop a detailed plan, including budget and design goals, before starting your condo renovation. Allocate a budget that accounts for unexpected costs and allows flexibility throughout the renovation.
-
Check out this open house Listing Address: 812 E 51ST Vancouver, British Columbia V5X1E5
Indulge in luxury with this front unit in a newly built fourplex. No Strata Fees! Enjoy the best location on the East Side with an open concept layout. Escape to your private yard oasis, perfect for entertaining guests or simply unwinding in serenity. Crafted by a reputable West Side builder, this home offers 4 bedrooms,…
-
Balanced Greater Vancouver Market After Rate Cuts
There's a significant uptick in the number of properties listed, suggesting a well-supplied market.Indications of a cooling market as inventory rises without a corresponding increase in buyer activity.
-
Check out my listing Address: 810 E 51ST Vancouver, British Columbia V5X1E5
Entire 3BD 3BA back unit of a newly built fourplex! PRICE INCLUDES GST.No strata fees, basement rental unit, move-in ready! Located on the East Side, it's convenient and quiet with a modern open layout. Crafted by a West Side luxury builder , this place is stunning and built to the highest standards. Comes with 2-5-10…
-
Potential of Laneway Homes in Vancouver’s Housing Market
Builder Advocates for Sales: Suggests allowing laneway home sales to potentially create 30,000 new units in Vancouver.Regulatory Limitations: Existing rules restrict laneway homes to rental purposes, reducing incentives for homeowners.