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Happy New Year and welcome to 2024!

Looking ahead to 2024, there is a growing sense of optimism in the Greater Vancouver real estate landscape. As the market anticipates potential interest rate decreases, the outlook is promising. The resilience displayed in 2023, coupled with projections from industry experts, paint a picture of a market poised for continued growth. 

Royal LePage’s market survey for 2024 predicts that home prices will make incremental gains in the first half of the year. Those gains will be followed by larger price increases in the second half of the year, spurred by expected interest rate cuts from the Bank of Canada after a historic rate-hiking cycle.

“We see 2024 as an important tipping point for the national economy as the majority of Canadians acknowledge that the ultra-low interest rate era is dead and gone,” Royal LePage CEO Phil Soper said in a press release on the research. 

“Based on this forecast, by the end of next year, home prices will have essentially climbed back to their pandemic peak, reached in the first quarter of 2022.”

With the spring market looming, now is the time to start preparing your home if you are thinking of selling. 

I can talk you through a list of helpful tips to make your home move ready and review our real estate stats to evaluate where your home currently stands in this market. 


It is going to be an active year.

Contact me today to get started!

-Dan Pigott

604-862-4124
dan@pigottproperties.com
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New property listed at 203 1622 FRANCES ST in VANCOUVER

I have listed a new property at 203 1622 FRANCES ST in VANCOUVER.
See details here
Discover urban living at its finest in this updated 1-bed condo, situated steps away from vibrant Commercial Dr. Immerse yourself in the neighbourhood's eclectic charm surrounded by an array of eateries, shops, cafes, & the greenery of Woodland, Salsbury, & Grandview Parks. Bright corner unit has been thoughtfully updated with modernized bthrm + kitchen. South-facing balconies, rentals & pets allowed plus parking and storage included. Shared laundry just down the hall on same level. Don't miss this opportunity!
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New property listed at 1702 989 RICHARDS ST in VANCOUVER

I have listed a new property at 1702 989 RICHARDS ST in VANCOUVER.
See details here
This 1-bed plus den, located at The Mondrian by Bosa, offers designer upgrades matching only the unparalleled lifestyle of this prime downtown location steps from Yaletown! The cozy living room features an upscale fireplace surround including custom built-ins, mantle, lighting and more. You will enjoy the bright western exposure of the balcony, perfect for BBQs and outdoor living. This modern plan flows through to a large kitchen w/granite counters, stainless appliances and gas stove. The bedroom offers ample storage and direct access to a large semi-ensuite. Need more room? A spacious den makes a perfect office or pantry. Stunning amenities include gym, hot tub and boardroom. Includes secure parking & storage underground. Rental and pet friendly. Currently rented furnished m/m for $2,588.
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New property listed at 306 3629 DEERCREST DR in NORTH VANC

I have listed a new property at 306 3629 DEERCREST DR in NORTH VANC.
See details here
LOVE IT OR RENT IT–THE PERFECT INVESTMENT PPTY! Spacious 709 sf 1 bed & den (could be a 2nd bdrm). BEAUTIFUL 1-YEAR OLD KITCHEN–solid maple shaker cabinet doors w/new hardware, quartz countertop, black granite sink & faucet, stunning new backsplash & ss appliances. Open plan dining rm & spacious living rm w/cozy gas fireplace, opening to a wonderful covered deck great for BBQs. Features include laminate flooring, insuite laundry, secure underground parking w/visitor parking. Clubhouse with gym, locker, bikeroom, pets & rentals allowed. This complex boasts a Whistler-like flair & a community like no other! Minutes to Deep Cove, 2nd Narrows Bridge & highway. Take the trails for a quick walk to Parkgate Mall, library & rec centre, or wander up to Dollarton Shopping Center, JJBean & Cates Park
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Dan gives his review of the 2023 real estate market for the final market report of the year.
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