Vancouver, BC – April 15, 2020. The British Columbia Real Estate Association (BCREA) reports that a total of 6,717 residential unit sales were recorded by the Multiple Listing Service® (MLS®) in March 2020, an increase of 17.2 per cent from March 2019. The average MLS® residential price in BC was $789,548, a 15.1 per cent increase from $685,892 recorded the previous year. Total sales dollar volume in March was $5.3 billion, a 35 per cent increase over 2019.

“Provincial housing markets started the month very strong before the COVID-19 pandemic put a halt to activity,” said BCREA Chief Economist Brendon Ogmundson. “Activity will slow considerably in April as households and the real estate sector implement measures necessary to mitigate the spread of this virus.”

“While we don’t know when this unprecedented period will end, markets will be boosted by pent-up demand and historically low interest rates when it does,” added Ogmundson. “The ultimate strength of the recovery will depend on how long the economy remains effectively shut down, as well as the efficacy of federal and provincial measures to bridge households through the financial difficulties brought on by the pandemic.”

Year-to-date, BC residential sales dollar volume was up 37.1 per cent to $12.9 billion, compared with the same period in 2019. Residential unit sales increased 21.7 per cent to 16,866 units, while the average MLS® residential price was up 12.6 per cent to $763,031.

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For more information, please contact:

Brendon Ogmundson

Chief Economist

Direct: 604.742.2796

Mobile: 604.505.6793

Email: bogmundson@bcrea.bc.ca

There's a reason why there are "kitchen and bath" stores, and even design magazines devoted to these rooms. A well-staged kitchen and bathroom can make the entire home look better. So, it's no surprise that professional home stagers pay particular attention to these spaces.

What do these pros have to say about bathrooms?

Professional stagers advise that you start by taking a picture of the room. Looking at that picture will give you a better sense of how others see your bathroom and reveal what needs to be changed.

Then, de-personalize it. When you’re showing your home to buyers, you want the bathroom to resemble a guest bathroom. So, no shaving kits, toothbrushes, sticky notes to self on the mirror, etc.

Stagers also recommend that anything worn be replaced.  This will likely include the shower curtain and mats, which tend to wear and stain quickly.

Hang fresh new towels on the rack. (If you’re buying new towels for this purpose, choose white.) Put an unused bar of soap or hand cleaner next to the sink. Make it look like a freshly stocked hotel bathroom.

If required, paint the walls. Off-white colours, including beiges and light greys, work well.

As you can see, it doesn't take much to stage your bathroom and make it look its best for buyers.

Looking for more staging tips? Call today.