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I have sold a property at 2727 Vantilburg Cres in Langford

I have sold a property at 2727 Vantilburg Cres in Langford on Sep 29, 2023. See details here

Your dream family starter home awaits! Welcome to this fabulous 4 bedroom, 1 bathroom gem located on a private cul-de-sac, just seconds away from Savory Elementary School! First time on the market in over 45 years...you'll be impressed by the nature that surrounds you! With 3 bedrooms and 1 bathroom on the upper level, there is potential for a mortgage helper down, or finish the area for teens, or an in-home office area. This charming home offers the perfect combination of comfort and convenience. The open floor plan creates a warm and inviting atmosphere, perfect for family gatherings and entertaining friends. Outside, you'll find a private backyard, ideal for outdoor activities and creating lasting memories with your loved ones. Location is key, and this home has it all! Close to schools, parks, and shopping, you can say goodbye to long commutes and hello to more quality time with your family. Don't miss out on this amazing opportunity to make this house your home sweet home!

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I have sold a property at 29 3049 Brittany Dr in Colwood

I have sold a property at 29 3049 Brittany Dr in Colwood on Sep 29, 2023. See details here

Bright and very Spacious patio style townhouse in Brittany Woods. Entrance leads into a large living room with corner fireplace, glass doors leading out to a back deck which overlooks the beautiful gardens. Good size dining room, with 16ft vaulted ceilings. Lots of counter and cupboard space in this well laid out kitchen, adjoining the kitchen is a family room. Master bedroom has a murphy bed and a 3 piece ensuite. Second bedroom is a good size, there is a 4 piece main bathroom. Private court yard in the front of the home which gets lots of sun. Items that have been changed in the home are 3 sun tunnels making the home very bright, windows, patio door, water heater 2 new toilets. The grounds are beautiful. This home is in walking distance to shopping, grocery stores, parks and transportation. 55+ complex.

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New property listed in SE Cordova Bay, Saanich East

I have listed a new property at 5188 Santa Clara Ave in Saanich. See details here

Welcome to 5188 Santa Clara - a perfect starter home offering an idyllic blend of comfort, convenience, & value! Located in one of Victoria's most desirable neighbourhoods, this charming 3 bed, 2 bath home is an excellent buy for 1st-time home buyers or those looking to downsize. This serene area offers access to top-notch schools & outdoor recreation while only minutes to downtown, the airport, & ferries. Nestled on a picturesque tree-lined street, the property consists of a private, level 75'X144' (10,800 sf) lot w/lake glimpses...the welcoming & spacious patio is perfect for enjoying morning coffee & evening sunsets. Inside, you'll appreciate the cozy yet, spacious interior layout, designed with both functionality & comfort in mind. The open-concept living area seamlessly connects the living room, dining area, & kitchen, creating an inviting space for relaxation & entertainment. This property, at this price, is a rare find, and an ideal investment for today & the future.

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New property listed in La Langford Proper, Langford

I have listed a new property at 2829 Rita Rd in Langford. See details here

Discover the epitome of urban living in Langford, BC! This assembly of 3 lots (total of 27,220 sf) has been earmarked for a 4-story condo site with an FSR of 3:1. Centrally located, it offers unbeatable walkability for residents to enjoy quick access to shopping, parks, restaurants & more. Langford is a vibrant & thriving community, offering a perfect balance between natural beauty & urban amenities. With easy access to major transportation routes getting around the region has never been more convenient. The building site offers a canvas of possibilities for investors & developers... its flat & easy to service; primed for the construction of a modern 4-story condo building designed with all the comfort and convenience that discerning buyers seek in today's market. Priced at $141/sf; the demand for housing in Langford is high; this development has the potential for a lucrative ROI. Invest wisely in Langford's growth! Property must be purchased in conjunction with 2827 & 2831 Rita Rd.

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New property listed in La Langford Proper, Langford

I have listed a new property at 2831 Rita Rd in Langford. See details here

Discover the epitome of urban living in Langford, BC! This assembly of 3 lots (total of 27,220 SF) has been earmarked for a 4-story condo site with an FSR of 3:1. Centrally located, it offers unbeatable walkability for residents to enjoy quick access to shopping, parks, restaurants & more. Langford is a vibrant & thriving community, offering a perfect balance between natural beauty & urban amenities. With easy access to major transportation routes getting around the region has never been more convenient. The building site offers a canvas of possibilities for investors & developers... its flat & easy to service; primed for the construction of a modern 4-story condo building designed with all the comfort and convenience that discerning buyers seek in today's market. Priced at $141/sf; the demand for housing in Langford is high; this development has the potential for a lucrative ROI. Invest wisely in Langford's growth! Property must be purchased in conjunction with 2827 & 2831 Rita Rd.

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New property listed in La Langford Proper, Langford

I have listed a new property at 2827 Rita Rd in Langford. See details here

Discover the epitome of urban living in Langford, BC! This assembly of 3 lots (total of 27,220 SF) has been earmarked for a 4-story condo site with an FSR of 3:1. Centrally located, it offers unbeatable walkability for residents to enjoy quick access to shopping, parks, restaurants & more. Langford is a vibrant & thriving community, offering a perfect balance between natural beauty & urban amenities. With easy access to major transportation routes getting around the region has never been more convenient. The building site offers a canvas of possibilities for investors & developers... its flat & easy to service; primed for the construction of a modern 4-story condo building designed with all the comfort and convenience that discerning buyers seek in today's market. Priced at $141/sf; the demand for housing in Langford is high; this development has the potential for a lucrative ROI. Invest wisely in Langford's growth! Property must be purchased in conjunction with 2829 & 2831 Rita Rd.

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New property listed in SE Cordova Bay, Saanich East

I have listed a new property at 5188 Santa Clara Ave in Saanich. See details here

Welcome to 5188 Santa Clara - the perfect starter home offering an idyllic blend of comfort, convenience, & value! Nestled in one of Victoria's most desirable neighbourhoods, this charming 3 bed, 2 bath residence is an excellent opportunity for those purchasing their 1st home, or families seeking a serene community with access to top-notch schools, outdoor recreation, & natural beauty. Upon arrival, you'll be greeted by a picturesque tree-lined street showcasing the character & inviting atmosphere of the area. The property consists of a private, level 75'X144' (10,800 sf) lot w/lake glimpses from the backyard...the welcoming & spacious patio is perfect for enjoying morning coffee & evening sunsets. Inside, you'll appreciate the cozy yet, spacious interior layout, designed with both functionality & comfort in mind. The open-concept living area seamlessly connects the living room, dining area, & kitchen, creating an inviting space for relaxation & entertainment. Won't last long!

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New property listed in La Fairway, Langford

I have listed a new property at 2727 Vantilburg Cres in Langford. See details here

Your dream family starter home awaits! Welcome to this fabulous 4 bedroom, 1 bathroom gem located on a private cul-de-sac, just seconds away from Savory Elementary School! First time on the market in over 45 years...you'll be impressed by the nature that surrounds you! With 3 bedrooms and 1 bathroom on the upper level, there is potential for a mortgage helper down, or finish the area for teens, or an in-home office area. This charming home offers the perfect combination of comfort and convenience. The open floor plan creates a warm and inviting atmosphere, perfect for family gatherings and entertaining friends. Outside, you'll find a private backyard, ideal for outdoor activities and creating lasting memories with your loved ones. Location is key, and this home has it all! Close to schools, parks, and shopping, you can say goodbye to long commutes and hello to more quality time with your family. Don't miss out on this amazing opportunity to make this house your home sweet home!

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New property listed in La Langford Proper, Langford

I have listed a new property at 2831 Rita Rd in Langford. See details here

3 Lot Land Assembly Development Opportunity in the heart of Langford. The 3 homes have a combined total of 27,219 square feet of flat land and are ripe for redevelopment! The city has this site earmarked for multi-family 4-story residential (City Centre 2- CC2) with an FSR of 3.0 This property is part of a development site of 2 adjacent lots 2829 & 2827 Rita Road and may be expanded to a total of 6 lots (1.25 acres total) with the addition of 3 lots on Knotty Pine Road (Exclusively listed with LS, call for further details). The existing home was built in 1958 and is a 3Bed/1Bath split-level home with no significant trees on-site or any easements or covenants. All homes are lived-in (owner-occupied) and well-taken care of; ideal for a Buyer who wants to land bank and use it as a holding property. The main sewer line on Rita Road is to be completed by Summer 2023. No interior viewing until an AO. Do not walk the property without the Listing Agent's consent. Call for more information

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New property listed in La Langford Proper, Langford

I have listed a new property at 2827 Rita Rd in Langford. See details here

3 Lot Land Assembly Development Opportunity in the heart of Langford. The 3 homes have a combined total of 27,219 square feet of flat land and are ripe for redevelopment! The city has this site earmarked for multi-family 4-story residential (City Centre 2- CC2) with an FSR of 3.0 This property is part of a development site of 2 adjacent lots 2829 & 2831 Rita Road and may be expanded to a total of 6 lots (1.25 acres total) with the addition of 3 lots on Knotty Pine Road (Exclusively listed with LS, call for further details). The existing home was built in 1958 and is a 3Bed/2Bath home with no significant trees on-site or any easements or covenants. All homes are lived-in (owner-occupied) and well-taken care of; ideal for a Buyer who wants to land bank and use it as a holding property. The main sewer line on Rita Road is to be completed by Summer 2023. No interior viewing until an AO. Do not walk the property without the Listing Agent's consent. Call for more information.

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I have sold a property at 995 Lucas Ave in Saanich

I have sold a property at 995 Lucas Ave in Saanich. See details here

Saanich East Family Home! Located in the sought-after Lake Hill neighborhood and sitting on a large sundrenched corner lot you will find this 4-bedroom, 4 bath split level residence. Offering over 2,500 sq ft of living space including the bonus of a self-contained 1 bedroom suite with separate laundry & parking. Main level features an entertainment sized living room and formal dining room, eat in kitchen with a sunken family room that has doors leading to a private fenced backyard. You will also find a power room and laundry/storage area on this level. Upper level is home to 3 bedrooms, including a primary suite with ensuite and walk thru closet and a full bath. Other noted features include Pella windows, Oak wood flooring, 3 fireplaces ( 2 gas & 1 Wood burning) , gas BBQ hookup, outdoor irrigation and southwest exposure. Close to Schools, Parks and all amenities. An ideal central location!

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I have sold a property at 4778 Elliot Pl in Saanich

I have sold a property at 4778 Elliot Pl in Saanich. See details here

A rare find...seldom do meticulously maintained, move-in-ready rancher's come on the market in the prime and pristine Sunnymead area. Ideal for those wanting one-level living, without having to sacrifice space and storage, this 2,065 s.f. custom-designed home features an open concept plan with chic solid oak hardwood flooring. Timeless and elegant describe this fine 3 bed, 2 bath home nestled on a fenced and beautifully landscaped 11,300 s.f. corner lot. Located only steps from Lochside Elementary and the Lochside trail, this home is conveniently located near shopping (Broadmead Village) and access to the Pat Bay Highway (airport/ferries) and the Trans-Canada (up island). In addition to having a 3-car garage, this stunning home features a 5 ft high crawlspace (ample storage), stunning crown moldings, plenty of natural light, and a backyard patio for those summer bbq get together's. This gem won't last long, have your realtor set up your private showing today!

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New property listed in Co Lagoon, Colwood

I have listed a new property at 105 3110 Havenwood Lane in Colwood. See details here

Serene, spacious, & timeless describe this fantastic 2 bedroom, 3 bath townhome at Pacific Landing...one of Colwoods most prestigious neighbourhoods! Located adjacent to picturesque Esquimalt Lagoon & Hatley Castle, this home is one of only two exclusive "Brownstone" units in the complex. The warm & bright open concept floor plan welcomes you to a spacious & airy contemporary living/dining area that's basked in natural light (corner unit). The kitchen is a chef's dream, featuring two-tone soft close cabinets, quartz countertops, a deluxe stainless appliance package, & ample cupboard/pantry space. Additional main floor features include a mud room, a large laundry, a separate storage room & 2 car garage. The second floor offers two bedrooms with a primary providing ample closet space and a spa-like 5 piece ensuite with heated flooring. The 23'X7' balcony is great for entertaining, & the spacious family room is hit when the grandkids or company arrive! The den could easily be a 3rd bdrm

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I have sold a property at 2554 Penrhyn St in Saanich
I have sold a property at 2554 Penrhyn St in Saanich.
Urban Oasis in the core of Cadboro Bay Village! Welcome to this exceptionally well-maintained property that offers plenty of character & charm in one of Victoria’s most sought-after neighbourhoods. Nestled on a quiet side street, yet just steps away from all of the fitting commercial amenities in the Village center. This prime location is also very close to Gyro Park & all levels of schools incl. UVIC. The front & rear yard garden areas are very private & offer a peaceful sanctuary that is sure to impress. Main level living provides a bright living room with wood fireplace & adjoining dining room, large kitchen with nook, primary bdrm & 4-pc bath. Downstairs has 2 more bdrms, 3-pc bath & 2 dens. All in all, an ideal layout suitable for a variety of home buyers. BONUS is a detached studio with many options as an artist studio, home gym, or private office. Come see for yourself...this property has been well loved for many years by the current owners and an opportunity not to be missed!
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Open House. Open House on Sunday, August 28, 2022 1:00PM - 3:00PM
Immaculate 3 bd, 2bath no-step rancher in fabulous Sunnymede (Cordova Bay). Fully landscaped 11,300 s.f. corner lot with private fenced back yard, 3 car garage, and a 5 ft crawlspace under
Please visit our Open House at 4778 Elliot Pl in Saanich.
Open House on Sunday, August 28, 2022 1:00PM - 3:00PM Immaculate 3 bd, 2bath no-step rancher in fabulous Sunnymede (Cordova Bay). Fully landscaped 11,300 s.f. corner lot with private fenced back yard, 3 car garage, and a 5 ft crawlspace under the entire home. Close to schools, parks, beach, Lochside Trail, and shopping. 2060 s.f.; in move-in condition, ideal for those looking to downsize without having to sacrifice space or storage.
A rare find...seldom do meticulously maintained, move-in-ready rancher's come on the market in the prime and pristine Sunnymead area. Ideal for those wanting one-level living, without having to sacrifice space and storage, this 2,065 s.f. custom-designed home features an open concept plan with chic solid oak hardwood flooring. Timeless and elegant describe this fine 3 bed, 2 bath home nestled on a fenced and beautifully landscaped 11,300 s.f. corner lot. Located only steps from Lochside Elementary and the Lochside trail, this home is conveniently located near shopping (Broadmead Village) and access to the Pat Bay Highway (airport/ferries) and the Trans-Canada (up island). In addition to having a 3-car garage, this stunning home features a 5 ft high crawlspace (ample storage), stunning crown moldings, plenty of natural light, and a backyard patio for those summer bbq get together's. This gem won't last long, have your realtor set up your private showing today!
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Open House. Open House on Sunday, August 21, 2022 1:00PM - 3:00PM
Immaculate 3 bd, 2bath no-step rancher in fabulous Sunnymede (Cordova Bay). Fully landscaped 11,300 s.f. corner lot with private fenced back yard, 3 car garage, and a 5 ft crawlspace under
Please visit our Open House at 4778 Elliot Pl in Saanich.
Open House on Sunday, August 21, 2022 1:00PM - 3:00PM Immaculate 3 bd, 2bath no-step rancher in fabulous Sunnymede (Cordova Bay). Fully landscaped 11,300 s.f. corner lot with private fenced back yard, 3 car garage, and a 5 ft crawlspace under the entire home. Close to schools, parks, beach, Lochside Trail, and shopping. 2060 s.f.; in move-in condition, ideal for those looking to downsize without having to sacrifice space or storage.
A rare find...seldom do meticulously maintained, move-in-ready rancher's come on the market in the prime and pristine Sunnymead area. Ideal for those wanting one-level living, without having to sacrifice space and storage, this 2,065 s.f. custom-designed home features an open concept plan with chic solid oak hardwood flooring. Timeless and elegant describe this fine 3 bed, 2 bath home nestled on a fenced and beautifully landscaped 11,300 s.f. corner lot. Located only steps from Lochside Elementary and the Lochside trail, this home is conveniently located near shopping (Broadmead Village) and access to the Pat Bay Highway (airport/ferries) and the Trans-Canada (up island). In addition to having a 3-car garage, this stunning home features a 5 ft high crawlspace (ample storage), stunning crown moldings, plenty of natural light, and a backyard patio for those summer bbq get together's. This gem won't last long, have your realtor set up your private showing today!
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Open House. Open House on Saturday, August 13, 2022 1:00PM - 3:00PM
Immaculate 3 bd, 2bath no-step rancher in fabulous Sunnymede (Cordova Bay). Fully landscaped 11,300 s.f. corner lot with private fenced back yard, 3 car garage, and a 5 ft crawlspace unde
Please visit our Open House at 4778 Elliot Pl in Saanich.
Open House on Saturday, August 13, 2022 1:00PM - 3:00PM Immaculate 3 bd, 2bath no-step rancher in fabulous Sunnymede (Cordova Bay). Fully landscaped 11,300 s.f. corner lot with private fenced back yard, 3 car garage, and a 5 ft crawlspace under the entire home. Close to schools, parks, beach, Lochside Trail, and shopping. 2060 s.f.; in move-in condition, ideal for those looking to downsize without having to sacrifice space or storage.
A rare find...seldom do meticulously maintained, move-in-ready rancher's come on the market in the prime and pristine Sunnymead area. Ideal for those wanting one-level living, without having to sacrifice space and storage, this 2,065 s.f. custom-designed home features an open concept plan with chic solid oak hardwood flooring. Timeless and elegant describe this fine 3 bed, 2 bath home nestled on a fenced and beautifully landscaped 11,300 s.f. corner lot. Located only steps from Lochside Elementary and the Lochside trail, this home is conveniently located near shopping (Broadmead Village) and access to the Pat Bay Highway (airport/ferries) and the Trans-Canada (up island). In addition to having a 3-car garage, this stunning home features a 5 ft high crawlspace (ample storage), stunning crown moldings, plenty of natural light, and a backyard patio for those summer bbq get together's. This gem won't last long, have your realtor set up your private showing today!
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New property listed in SE Sunnymead, Saanich East
I have listed a new property at 4778 Elliot Pl in Saanich.
A rare find...seldom do meticulously maintained, move-in-ready rancher's come on the market in the prime and pristine Sunnymead area. Ideal for those wanting one-level living, without having to sacrifice space and storage, this 2,065 s.f. custom-designed home features an open concept plan with chic solid oak hardwood flooring. Timeless and elegant describe this fine 3 bed, 2 bath home nestled on a fenced and beautifully landscaped 11,300 s.f. corner lot. Located only steps from Lochside Elementary and the Lochside trail, this home is conveniently located near shopping (Broadmead Village) and access to the Pat Bay Highway (airport/ferries) and the Trans-Canada (up island). In addition to having a 3-car garage, this stunning home features a 5 ft high crawlspace (ample storage), stunning crown moldings, plenty of natural light, and a backyard patio for those summer bbq get together's. This gem won't last long, have your realtor set up your private showing today!
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I have sold a property at 4061 Holland Ave in Saanich
I have sold a property at 4061 Holland Ave in Saanich.
Welcome to Strawberry Vale...an area coveted for hobby farms, equestrian properties, & private estates...all within the heart of the city! This spectacular farmhouse is nearly a century old and features beautiful mountain & valley views from its principal rooms. This very private and gently sloping 1.18-acre parcel is located just outside the hustle of the urban sprawl and features a 2200+ s.f. two-story home with 2 carports and a small barn/hobby shop. Lovingly maintained, this serene property is ideal for those looking for a bit of country, a bit of the city, and plenty of "island life" while living conveniently close to Downtown and all major amenities. On the market for the first time in over 50 years, this gorgeous property is bathed in natural sunlight from dawn to dusk and features a large east-facing patio where you lose yourself to the privacy & serenity of the valley, and a west-facing veranda to enjoy the evenings and sunsets. A rare find indeed!
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Higher Rates and Short Supply: The State of Canadian Real Estate in 2022

 Canada's housing market hit a boiling point last year as homebuyers clambered for real estate in regions with significantly more demand than supply. But now that homeowners and buyers alike are feeling the pinch of rising interest rates and record inflation, the market appears to finally be simmering down.

 That, in turn, could create a welcome opening for shoppers to be more selective with their searches. However, buyers hoping for a major downturn in prices may be left disappointed. Although home values in some segments are beginning to sag under the weight of higher borrowing costs, a persistent housing shortage is expected to keep prices high.

 Read on for a closer look at some of the top factors impacting Canada's real estate market and how they could affect you.

 RISING MORTGAGE RATES ARE COOLING AN OVERHEATED MARKET

 Over the past couple of years, homebuyers have faced record-high price appreciation and intense competition—in part due to historically low mortgage rates that were a result of the Bank of Canada’s efforts to keep the economy afloat during the COVID-19 pandemic.1

 According to the Canadian Real Estate Association (CREA), in 2021, both the number of sales and average home price hit an all-time high, with demand for new homes far exceeding supply.2 This trend continued through early 2022, despite widespread predictions that the Bank of Canada was gearing up to increase interest rates.3

 But now that the central bank has officially begun pushing its key interest rate back up from emergency levels, the housing market is responding, with the pace of home sales cooling in March and April.4 The Canada Mortgage and Housing Corporation (CMHC) predicts that the housing market will continue to moderate in the coming year.5


The feds plan to keep raising interest rates as necessary to fight inflation, which means target rates could rise by another 1 to 2% or more over the next year.6 That, in turn, will cause both fixed and variable mortgage rates to rise.

 As Senior Deputy Governor Carolyn Rogers noted in May: “We need higher rates to moderate demand, including demand in the housing market. Housing price growth is unsustainably strong in Canada.”7

 What does it mean for you?

If you’re shopping for a new home, expect mortgage rates to keep rising into 2024.8 So, you’ll need to act fast if you want to get in at a lower rate. However, the cooling effect should make for a less competitive market. We can help you chart the best path.

If you’ve been thinking about selling, higher mortgage rates may shrink your pool of potential buyers, so don’t wait too long to list. And if you are up for a renewal, you should also act quickly or risk paying a higher rate. Contact us to discuss your options.

 

DEMAND AND PRICES ARE STARTING TO SOFTEN IN SOME SEGMENTS

 Nationally, home prices soared a record 26.6% last year, an unsustainable rate of appreciation by any measure.9 But now that the Bank of Canada has put rock-bottom rates in the rear view window, sales have begun to slow.

 Soon after the Bank of Canada began raising interest rates in early March, the real estate market responded. According to the CREA, in March, home sales fell by 5.4% on a month-over-month basis and the Aggregate Composite MLS® Home Price Index (HPI) ticked up just 1%, “a marked slowdown from the record 3.5% increase in February.”10 

By April, home sales dropped by another 12.6% over the previous month as homeowners and buyers continued adjusting to higher rates.. “Following a record-breaking couple of years, housing markets in many parts of Canada have cooled off pretty sharply over the last two months, in line with a jump in interest rates and buyer fatigue,” said CREA Chair Jill Oudil. Meanwhile, prices are still rising in some markets, but are sagging in others, causing the HPI to dip in April for the first time since 2020.11

 As the Bank of Canada continues pushing up rates, more buyers may give up on their homeownership dreams if they feel too squeezed by the combination of high rates and high prices. Still, many experts say a major downturn in prices is unlikely. That's in part due to the fact that there still aren't enough homes available to meet the demands of a growing population, says CREA CEO Michael Bourque. “The supply of new homes is not even close to keeping up with demographic changes and population growth.”12 As long as housing remains a scarce asset, prices will remain relatively elevated.

 What does it mean for you?

 If you’ve been waiting to buy a home, now may be the perfect time to jump in the market. There are deals to be found if you know where to look. But don’t wait too long, or higher mortgage rates will erode any cost savings. We can help you find the best opportunities in today’s market.

 For homeowners, the outlook is still bright. Governmental interventions are being put in place to stabilize the market–not crash it. And demand for housing and a strong job market should help protect your investment.

 

INVENTORY REMAINS TIGHT

 According to the CMHC, housing starts trended higher in April after a small downturn in March. Overall, new homes are still being built at a faster clip today than in the past, but at a slower pace than we saw in 2021, noted CMHC Chief Economist Bob Dugan.13 Homebuilders are facing a wide range of challenges, including persistent inflation, rising rates, and ongoing labour shortages.

 Increased federal investment could help counteract at least some of those challenges. The federal government recently announced plans to help double the pace of housing construction over the next decade by funding significantly more new and affordable housing. It also announced additional relief measures, including a temporary ban on foreign investment, doubling first-time buyers' tax credit, and halting blind bidding wars.14

 In addition to fewer homes being built, new listings are also down, according to the CREA’s sales report. But a decrease in demand is offsetting the impact in some areas. “A little more than half of the local markets were balanced markets…a little less than half were in seller's market territory.”11

 What does it mean for you?

While supply remains at historically low levels, even a modest bump in inventory can help take pressure off of buyers. If you’ve had trouble finding a home in the past, give us a call to discuss what we’re currently seeing in your target neighbourhood and price range.

If you’re a homeowner, it’s still a great time to sell and cash out those big equity gains. Contact us to find out how much your home is worth in today’s market.

 

WE’RE HERE TO GUIDE YOU

 While national real estate trends can provide a “big picture” outlook, real estate is local. And as local market experts, we can guide you through the ins and outs of our market and the local issues that are likely to drive home values in your particular neighbourhood.

 If you’re considering buying or selling a home, contact us now to schedule a free consultation. We can help you assess your options and make the most of this unique real estate landscape.


Sources:

  1. Bank of Canada -
    https://www.bankofcanada.ca/2020/03/press-release-2020-03-27/
  2. Global News -
    https://globalnews.ca/news/8516543/canada-home-sales-record-crea/
  3. CBC -
    https://www.cbc.ca/news/business/crea-housing-february-1.6385274
  4. Canadian Real Estate Association -
    https://www.crea.ca/housing-market-stats/stats/
  5. Canada Mortgage and Housing Corporation - https://www.cmhc-schl.gc.ca/en/media-newsroom/news-releases/2022/housing-markets-moderate-historic-2021-levels
  6. Bank of Canada -
    https://www.bankofcanada.ca/press/press-releases/
  7. Reuters - https://www.reuters.com/world/americas/bank-canada-says-strong-demand-risks-higher-inflation-2022-05-03/
  8. Better Dwelling - https://betterdwelling.com/canadian-mortgage-rates-to-surge-demand-will-be-slowest-in-recent-history-moodys/
  9. CBC -
    https://www.cbc.ca/news/business/crea-housing-december-1.6317503#
  10. Canadian Real Estate Association - https://www.crea.ca/news/march-home-sales-and-new-listings-ease-back-following-surge-in-february/
  11. Canadian Real Estate Association - https://www.crea.ca/news/home-sales-drop-in-april-as-mortgage-rates-shoot-higher/ 
  12. Global News -
    https://globalnews.ca/news/8716412/canada-housing-market-cooling-bubble-interest-rate/
  13. Canada Mortgage and Housing Corporation - https://www.cmhc-schl.gc.ca/en/media-newsroom/news-releases/2022/canadian-housing-starts-trend-higher-april
  14. Office of the Prime Minister of Canada, Justin Trudeau - https://pm.gc.ca/en/news/news-releases/2022/04/13/helping-young-people-get-housing-market
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