In June 2024, the Vancouver Island Real Estate Board (VIREB) reported a total of 737 property sales across all categories on the MLS® System. This included 359 single-family homes (excluding acreage and waterfront properties), reflecting a 15% drop from June 2023 and a 12% decrease from May 2024. Sales of condo apartments stood at 82, […]
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Summer Home Refresh: Trending Colors and Staging Tips for a Brighter, Welcoming Space
As the warm, sunny days of summer approach, it’s the perfect time to refresh your home with vibrant, welcoming colours that reflect the season. Whether you’re staging your home for sale or simply want to enjoy a brighter, more inviting space, choosing the right colours can make all the difference. This summer, let’s explore the […]
Vancouver Island June Market Recap
The Canadian GDP expanded by 1.7% in annualized terms in the first quarter of 2024, accelerating from a downwardly revised 0.1% increase in the fourth quarter but coming below market expectations of 2.2% growth. The annual inflation rate in Canada eased to 2.7% in April of 2024 from 2.9% in the previous month, in line […]
British Columbia’s Housing Landscape Transformation
First-Time Home Buyers Guide: Your Path to Homeownership
Welcome to the exciting journey of homeownership! At DG & Associates, we’re here to guide first-time home buyers through every step of buying your first home. Whether you’re in your 20s or approaching retirement, our comprehensive guide will help you navigate the real estate market in Canada with confidence. We have units available in our […]
Home Inspection: How to Prepare Your Home
Selling a home can be an exciting yet daunting process, especially when it comes to the inspection stage. Home inspections play a pivotal role in the selling process, as they can significantly impact negotiations and the overall sale of your home. To ensure a smooth and successful inspection, it’s essential to prepare your home thoroughly. […]
Investment Living Through Condos in Nanaimo
Are you considering real estate as a potential investment avenue this Spring 2024? If so, diving into Nanaimo’s rental property market could be a smart move. In this blog post, we’ll explore why investing in rental properties, particularly condos, in Nanaimo can offer great prospects for growth and financial stability. The concept of investment living […]
Embrace the Season: Spring Cleaning Outside and Planting in the Garden
As winter’s chill fades away and the first signs of spring emerge, it’s the perfect time to step outside and breathe new life into your outdoor space. While many focus on spring cleaning indoors, don’t forget about the rejuvenation needed outside as well. This season offers an opportunity to refresh your garden and prepare it […]
Speculation Tax Expansion in Vancouver Island Communities
The speculation and vacancy tax, introduced by the B.C. government in 2018, is set to expand to include several new municipalities, including Parksville, Qualicum Beach, Courtenay, Comox, and Cumberland. This expansion is slated to take effect starting January 1, 2025. As part of this policy change, residential property owners in these communities will be required to declare in January 2025 how they used their property in 2024. This could include whether the property was rented, vacant, etc.
Kitchen Mistakes: Avoid These if You Plan to Sell
When it comes to selling your home, the kitchen often plays a pivotal role in attracting potential buyers, as it’s commonly considered the heart of the home. However, certain features in your kitchen could actually be diminishing its value. If you’re planning to put your home on the market, it’s crucial to know what might turn off buyers. Here are the top five things in your kitchen that could be devaluing your property and why you should consider updating them.
Support Local This Season – Nanaimo’s Guide to Holiday Giving
This season, as we celebrate and create cherished memories with our loved ones, let’s also embrace the spirit of giving that makes the holidays special for everyone.
Real Estate Market in Vancouver Island Sees Diverse Trends as 2023 Concludes
I’m pleased to present a unique perspective on the latest real estate trends in British Columbia. According to our insights, November 2023 saw a promising uptick in residential sales, with a total of 4,630 units sold across the province, marking a 2.2% increase from the previous year. This growth is particularly notable in light of the high mortgage rates and subdued sales activity we’ve observed this year.