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Latest News about The Real Estate Laws and its impact to the industry.
The British Columbia Real Estate Association (BCREA) recently published an shocking report about the province’s housing market in September. It found that home sales soared to $49.7 billion for the first nine months of 2020, up 25 per cent from the same period a year ago. Instead of enduring a COVID-19 pause, the province’s housing market was instead hyperactive over the course of 2020.
BCREA data also highlighted that homebuyers acquired more than 65,000 properties from January to September, a 12.5 per cent jump year-over-year. ...
The average MLS price for a home in the province climbed almost 13 percent year-over-year in July. As many other sectors of the B.C. economy suffer, the residential property market keeps rebounding from its COVID-19 slump.
The province saw 10,090 residential unit sales in July, the British Columbia Real Estate Association (BCREA) reports, a 26.6-percent jump over the same month in 2019. ...
It’s as if the pandemic never happened. The real estate market continues to be a bright spot in B.C.
From January to September 2020, a total of $49.7 billion worth of homes sold across the province.
The number represents a 25.1 increase compared to the first nine months of 2019, which recorded $39.7 billion in transactions. ...
The record sale of an $8.4 million property at Pemberton in September highlights a strong B.C. luxury resort and residential market with accelerating sales and prices despite the COVID-19 pandemic.
“Since the economy has opened, we have seen unprecedented interest in properties with more land and privacy,” said John Ryan, an agent with Whistler Real Estate Co. ...
Steve Mattoo and his firm A.S. Mattoo & Associates, located in the York Business Centre, deal in real estate law as a preferred area of practice. The firm's primary goal is to provide exceptional legal services with a focus on relationship building.
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