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Market Update – May 2019

The real estate market in Vancouver continues to chug along at a consistent moderate pace with the odd spits and spats of activity. Through our 38+ Point Marketing Plan, we have been successful in generating a high turnout and multiple offers on most of our listings resulting in well above market sales. The attached product…

Mortgage Update

by Paula Siemens | INVIS The Siemens Group The Bank of Canada announced that they will be holding the overnight rate as is, citing a slower than expected 2019 economic outlook; which will keep the prime rate as is. Posted fixed rates should also remain stable. However, lenders’ cost to underwrite a mortgage have increased…

The 2019 Ride To Conquer Cancer

Every year Adam and I and Team Pospischil Realty join the Ride To Conquer Cancer to raise funds in our community for the BC Cancer Foundation. The funds raised annually go directly into cancer research and treatment options right here in BC. Thanks to your continued support over the past 10 years Team Pospischil Realty…

It’s A Great Time To Buy A Detached Home Now

Every market holds opportunity, the key is to know where to look for it… Today’s greatest market opportunity resides in purchasing detached homes. The detached market has been the most impacted both value, and activity wise across the board. The causes of this have been discussed already at great length; but in short they stem…

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