REAL ESTATE NEWS

BURNABY REAL ESTATE STILL RED HOT!NEW STATS ARE JUST IN..

Posted on Jan 14, 2021

The final three months of 2020 were the worst as far as COVID-19 cases in Burnaby.Those rising numbers brought with them more lockdowns, including real estate agents being “urged” to halt open houses, according to one item on the website of the Real Estate Council of B.C.And yet, those lockdowns and restrictions didn’t stop real estate sales and pr...

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ASTRONOMICAL PRICE HIKES IN CERTAIN AREAS OF BURNABY..

Posted on Jan 05, 2021

Home sales and new listing activity remained at near-record levels across Metro Vancouver in October – with Burnaby seeing astronomical price increases in certain parts of the city and certain types of properties. Home sale and new listing activity remained at near-record levels across Metro Vancouver in October – with Burnaby seeing astronomical p...

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ASSESSMENTS IN LOWER MAINLAND ABOUT TO JUMP $50 BILLION, YES THAT'S BILLON

Posted on Jan 04, 2021

BC Assessment expects 2021 assessments to increase between 0% and 10%. Owners of more than one million properties in the Lower Mainland can expect “moderate” increases in value on their 2021 assessment notices, according to BC Assessment."Despite COVID-19, the Lower Mainland residential real estate market has been resilient," noted BC Assessment de...

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CAN YOU STILL FIND REAL ESTATE BARGAINS IN BURNABY...THIS REPORT SAYS YES...

Posted on Jan 04, 2021

A real estate bargain in Burnaby isn’t always just about how low the price is. In this mid-month roundup of Burnaby’s bargain listings by roomvu , these are listed well below government assessed value, are under $1 million, and fresh on the market. A real estate bargain in Burnaby isn’t always just about how low the price is.In this mid-month round...

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 BURNABY RENTS ARE GOINGTO JUMP 3% IN 2021 NEW STUDY JUST IN...

Posted on Jan 02, 2021

Burnaby ranks in the 10th place in Canada for most expensive rental prices. Residential rents in Burnaby and beyond will drop early in 2021, but then rise about three per cent, according to a new report.

The latest National Rent Report by Rentals.ca said Burnaby came in 10th in all of Canada for average monthly rent in November for a one-bedroom hom...

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Sutton West Coast Realty

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