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Vancouver Real Estate Blog

Monthly Report for February 2021 of all detached homes in Greater Vancouver 

# Active Listings = 3,507 

# Listings Sold = 1,248 

Median List Price = $1,599,000 

Median Sale Price = $1,650,000 

Av Days on Market = 32 

List/Sale Price Ratio = 103% 

# Months of Inventory = 2.8 

Market Type (sellers) = 35.6% 

To see how these numbers affect your homes value., 

Call Tom direct 778.879.8366 or visit:

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Increased Hurdles Proposed for Residential Landlords – Renovations and Rent Freezes
On March 1, 2021, the provincial government announced proposed legislation that will increase the hurdles faced by landlords wishing to complete renovations in tenanted residential property.
The proposed legislation seeks to both prevent “renovictions,” and to extend the current provincial rent freeze to December 31, 2021. If passed by the B.C. provincial government, this legislation will come into effect on July 1, 2021. According to the provincial government’s press release, significant effects of the legislation will include:
1) Landlords will be required to apply to the Residential Tenancy Branch before they can terminate a tenancy agreement for the purpose of making renovations;
2) Landlords will be prohibited from ending tenancies for renovations that are not “substantial,” or that do not require the rental unit to be vacant;
3) As the Province has already extended a rent freeze during COVID-19, this legislation will permit tenants to disregard notices of rent increase taking effect between March 30, 2020 and January 1, 2022, that tenants have already received; and
4) From 2022 onward, rent increases shall be capped at the rate of inflation.
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Monthly Report for February 2021 of all detached homes in
Greater Vancouver
# Active Listings = 3,507
# Listings Sold = 1,248
Median List Price = $1,599,000
Median Sale Price = $1,650,000
Av Days on Market = 32
List/Sale Price Ratio = 103%
# Months of Inventory = 2.8
Market Type (sellers) = 35.6%
To see how these numbers affect your homes value., Call Tom direct 778.879.8366 or visit:

For full Stats Package join our VIP list at:
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How Vancouver-area home sellers are getting full price without using a traditional selling system..
Selling a Vancouver-area house, townhome, or condo the traditional way with a traditional system has 2 painful problems:
1 - Homeowners never know if or when their home will sell
2 - And, if it does sell, homeowners never know for sure if they got as much as they should have.
So, we fixed all that.
The Ikonomou system lets homeowners know the exact day their home can sell...
...and also the likely bare minimum it's going to sell for. The only question is if they'll get even more than they hoped.
✅ Find out how much more you can get with this system by clicking here:

Homeowners love this because they who know how much they're getting and when they're getting it. Homeowners can relax and plan for the future instead of feeling stressed and wondering if or when they'll be able to move.
The way we get home sellers these amazing results is by completely changing how a home is sold. Specifically, we add these 2 things to the mix:
1 - Competition
2 - And A Deadline
When we add these two things, something miraculous happens... puts the seller in full control and serious buyers are forced to take action immediately or lose out.
What we're doing is creating an auction-like bidding environment.
Although we're not actually auctioning homes, this home-bidding model works for exactly the same reason why luxury auction houses like Sotheby's and Christie's work...
...they start with a fair price for a valuable item and, because buyers can see that competition is all around them, buyers expect that the they wait, the HIGHER the price goes.
This is in stark contrast to the “traditional way” of selling a house where buyers expect that the longer they wait, the LOWER the price goes.
✅ Find out how much more you can get with this system by clicking here: 
Plus, when we add a deadline to the mix, the results get even better.
That's because a deadline demands action... and no one wants to miss out.
The bottom line of how this all works:
We compress all your showings into just a few days
Then give buyers a deadline to make an offer
This puts you, the homeowner, in complete control
Buyers know they will be competing and bring stronger offers. 
Just choose 2 to 4 back-to-back days buyers can see your home…
...then receive multiple offers on “deadline day!”
It's very simple and remarkably effective.
✅ Your first step is to click the link below and answer a couple easy questions about your house so you can find out how much more you can get by using the Ikonomou Systems
Then, if you want, we can even share with you what day your house can sell.
✅ You're just a few days away from taking full control of the sale.
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5 Benefits of using an Airbnb in Vancouver

Airbnb has taken the short stay world by storm. Whereas in the past you had to contend with commercial outlets like hotels, motels, and lodgings, today you can easily “Airbnb” when traveling. How convenient is Airbnb? Why is a world with Airbnb so much better than a world without it? 

Cost Savings

Airbnb’s cost structuring is very different from that of a hotel, says Elias Markos. A hotel, when costing its services, must factor in numerous costs. These include the cost of servicing the entire property (including empty rooms), staff costs, goods used in the hotel, licenses, taxes, food, security, and many others. An Airbnb, on the other hand, only has a handful of costs to absorb, allowing it to charge way less than a hotel. These costs savings are passed on to travelers, instead of being soaked up as extra profits as is the case with hotels and other commercial establishments.

Local Experience

Airbnb is an amazing link to the local community and culture, which to Elias Markos is a fantastic benefit. When you visit a new country, staying at an upscale hotel will tell you nothing about the locality. In most cases, such places are deliberately insulated from the local culture to offer visitors a neutral experience. If you want to immerse yourself in the local culture, he says, an Airbnb will give you just this, letting you leave with rich memories of a new place.

Extra Perks

Of late, Airbnb has been adding new services that hosts can offer guests. In some areas, you can purchase an accommodation plus city tour package from a local host. With this arrangement, you get to see a new place through the eyes of a local. Comparatively, when you visit a hotel and book a local tour, you will be taken about by a professional tour guide who is only there to show you what is on the itinerary. In this way, an Airbnb helps you experience the world in a whole new way.

Wide Standardized Selection

Airbnb has over six million places to stay worldwide. That’s a staggering number. What’s amazing about this statistic is that all six million listings are standardized listings. That is, they are all privately owned properties that offer the same experience. 

Extensive Filters

When looking for an Airbnb, you can use a wide range of filters to find just the right place to stay. With filters that include location, home type, number of rooms, number of beds, amenities (kitchen, shampoo, heating), facilities (pool, gym, free parking), house rules, neighborhoods and a host of others, you can easily filter down to a few choice properties. This, is a massive benefit Airbnb has over traditional hotels.

Airbnb Works

To book your next stay visit the following link

You Can Stay At The 'Firefly Lane' Mansion In Vancouver & It's Serious Getaway Goals

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The data relating to real estate on this website comes in part from the MLS® Reciprocity program of either the Real Estate Board of Greater Vancouver (REBGV), the Fraser Valley Real Estate Board (FVREB) or the Chilliwack and District Real Estate Board (CADREB). Real estate listings held by participating real estate firms are marked with the MLS® logo and detailed information about the listing includes the name of the listing agent. This representation is based in whole or part on data generated by either the REBGV, the FVREB or the CADREB which assumes no responsibility for its accuracy. The materials contained on this page may not be reproduced without the express written consent of either the REBGV, the FVREB or the CADREB.