Naru Menon’s Blog

Home prices are rising as lower mortgage rates drive more sales, especially in Vancouver and Victoria. Rental vacancy rates are increasing with new units entering the market, though rents remain high.

B.C.’s economy is well-positioned to handle potential U.S. tariffs, thanks to its diverse industries and investment opportunities.Private-sector forecasters expect steady economic growth, with real GDP projected to grow by 1.9% in 2025.

St Patrick's Day is the day we all turn a bit Irish. 13 million pints of Guinness are consumed worldwide on St. Patrick's Day. Green is now the traditional color of St. Patrick's Day.

The Mortgage Services Act (MSA) will fully replace the Mortgage Brokers Act (MBA) in 2025. In 2025, the BCFSA will regulate mortgage services, introducing new licensing and compliance standards.

In Early-Q1 2025, British Columbia saw a 6.4% yearly increase in residential unit sales. The average residential price in BC decreased by 1.0% to $949,560 in Early-Q1 2025.

British Columbia's real estate market has a hidden history of financial crime, prompting urgent transparency reforms. Want to uncover hidden property ownership? The registry helps identify real owners behind corporations and numbered companies.

New BC tax imposes up to 20% on home sales within 730 days, reshaping real estate investments. This legislation aims to slow quick resales to support housing affordability.

How to sell luxury real estate? Market knowledge, the right agent, and staging are essential for success. Why hire a luxury agent? They have market expertise and a network to maximize your sale.