CMLS Financial’s Purchase Plus Improvement Program allows prospective homeowners to renovate their new property immediately after possession. This allows those shopping for a new home to make either minor or major changes to a property to meet their current wants and needs. 

With the Purchase Plus Improvement Program, homeowners have the additional benefit of increasing the property value and potentially helping with future resale value. 

 Product Parameters 

• Allows up to a 20% increase...

VANCOUVER, B.C. – May 2, 2014 – Home buyers and sellers became more active in the Greater Vancouver housing market in April. 

The Real Estate Board of Greater Vancouver reports that residential property sales in Greater Vancouver reached 3,050 on the Multiple Listing Service® (MLS®) in April 2014. This represents a 16.1 per cent increase compared to the 2,627 sales recorded in April 2013, and a 15.5 per cent increase compared to the 2,641 sales in March 2014.

Last month’s sales were 5.2 per cent below the 10-year sales average for April of 3,217.

The sales-to-active-listings ratio currently sits at 19.7 per cent in Greater Vancouver, which is the highest this measure has been since June 2011.

“We saw steady increases in home seller and buyer activity in April, which is typically the case in the spring months,” Ray...

SURREY, BC – The growth in sales on Fraser Valley’s Multiple Listing Service (MLS®) outpaced the growth in new inventory in April, propelling the market into solid balanced conditions.

In April, the Fraser Valley Real Estate Board’s total sales volume increased by 8 per cent year over year and 17 per cent compared to March while new listings saw a 7 per cent increase compared to April 2013 and a 13 per cent increase compared to the previous month.

Ray Werger, president of the Board, says, “There’s a lot of optimism right now. It will take a few more months of numbers, but our 2014 market is already on track to outperform last year.

“A measurement we rely on to gauge the health of the housing market is the ratio between sales and active listings and in April that number was the highest it’s been in our region in three years....