Blog & News: Vancouver Real Estate Market
July 18, 2017
NEW LISTING: 1501 7225 ACORN AVE in Burnaby. Asking: $599,900 - R2188926
Categories:Highgate, Burnaby South Real Estate
SUB-PENTHOUSE with panoramic NW views from South Delta to North Shore mountains. EFFICIENT open-concept two bedroom, two bathroom featuring floor to ceiling windows for maximum light, stainless steel appliances, granite countertops, porcelain kitchen & entry tiles and TWO secured parking spots with extra large storage locker! The building offers a garden terrace, playground, meeting room, clubhouse and fitness room. CONVENIENT location, across from Highgate Village with all its amenities and...
July 14, 2017
Canada’s Residential Real Estate Market Makes the Move to Moderation in the Second Quarter of 2017
Categories:greater vancouver,Greater Vancouver,Home Price Index,Home Price Index,housing forecast,housing forecast,royal lepage
With recoveries underway in Vancouver, Calgary and Edmonton, home prices rise in the majority of metropolitan areas nationwide
Greater Toronto Area witnesses temporary slowdown in sales activity as the Ontario Fair Housing Plan takes effect
TORONTO, July 13, 2017 – According to the Royal LePage House Price Survey and Market Survey Forecast released today, Canada’s residential real estate market posted strong home price gains...
July 13, 2017
Strong Economy Keeps Housing Demand Above Long-Run Average
Categories:bcrea,bcrea,Greater Vancouver,greater vancouver real estate,Home Price Index,home price index,Metro Vancouver,Metro Vancouver
Vancouver, BC – July 13, 2017. The British Columbia Real Estate Association (BCREA) reports that a total of 11,671 residential unit sales were recorded by the Multiple Listing Service® (MLS® ) in June, down 9.6 per cent from the same period last year. Total sales dollar volume was $8.47 billion, down 5.6 per cent from June 2016. The average MLS® residential price in the province was $725,778, a 4.4 per cent increase from the same period last year.
July 5, 2017
Demand for condominiums continues to outstrip supply
Categories:Greater Vancouver,Housing Forecast,Metro Vancouver,Real Estate Board of Greater Vancouver,REBGV
VANCOUVER, BC – July 5, 2017 – The imbalance between supply and demand in the condominium market is creating home buyer competition across Metro Vancouver*.
The Real Estate Board of Greater Vancouver (REBGV) reports that residential property sales in the region totalled 3,893 in June 2017, an 11.5 per cent decrease from the 4,400 sales recorded in June 2016, an all-time record, and a decrease of 10.8 per cent compared to May 2017 when 4,364 homes sold.
June 17, 2017
NEW LISTING: 205 10581 140TH ST in Surrey. Asking: $319,900 - R2178766
Categories:Fleetwood Tynehead, Surrey Real Estate
Spacious 710 SF 1 bedroom at HQ - Thrive by Porte Homes, in the heart of Surrey City Centre. Open concept interior featuring 9 FT ceilings, wide plank laminate flooring, gourmet kitchen with Caesarstone quartz countertops, soft-close cabinetry, Carrera tile back-splash & full size appliances. First class amenities include a garden with outdoor BBQ, a lounge, games room, fitness centre, yoga studio as well as a common rooftop deck for sun seeking & socializing. 1 Secure underground parking stall...
June 14, 2017
NEW LISTING: 118 3000 RIVERBEND DR in Coquitlam. Asking: $849,900 - R2177143
Categories:Coquitlam East, Coquitlam Real Estate
Immaculate 5 bdrm 3 bthrm detached home w/ space for the in-laws. The interior has been freshly painted & features a bright open concept living & dining room w/ large bay window, vaulted ceiling & cozy gas fireplace. The kitchen features a large center island, walk-in pantry & eating area w/ patio doors to your deck & fenced backyard, the perfect setup for entertaining your friends. Generous sized bedrooms w/ a large 5pc en-suite & walk-in closet in the master bdrm. The walkout basement w/...
June 13, 2017
Housing Supply Not Keeping Pace with Demand in Most BC Regions
Categories:bcrea,Greater Vancouver,Home Price Index,housing demand,Housing Forecast,Metro Vancouver,Metro Vancouver
Vancouver, BC–June 13, 2017. The British Columbia Real Estate Association (BCREA) reports that a total of 12,402 residential unit sales were recorded by the Multiple Listing Service® (MLS® ) in May, down 7.9 per cent from the same period last year. Total sales dollar volume was $9.33 billion, down 4.0 per cent from May 2017. The average MLS® residential price in the province was $752,536, a 4.2 per cent increase from the same period last year.
June 2, 2017
Home buyer activity returned to near record levels across the Metro Vancouver* housing market in May
Categories:condo,condo for sale,Greater Vancouver,Greater Vancouver Real Estate Board,Home Price Index,Home Price Index,Metro Vancouver,REBGV
June 2, 2017 - Residential property sales in the region totalled 4,364 in May 2017, a decrease of 8.5 per cent from the 4,769 sales in May 2016, an all-time record, and an increase of 22.8 per cent compared to April 2017 when 3,553 homes sold.
Last month's sales were 23.7 per cent above the 10-year May sales average and is the thirdhighest selling May on record.
"Demand for condominiums and townhomes is driving today's activity," Jill Oudil, Real Estate Board of Greater...
May 2, 2017
Condominiums and townhomes in high demand across Metro Vancouver
Categories:2017 housing demand,greater vancouver,housing demand,housing forecast,metro vancouver,real estate board of greater vancouver
VANCOUVER, BC - May 2, 2017 - Demand for condominiums and townhomes continues to drive the Metro Vancouver* housing market.
Residential property sales in the region totalled 3,553 in April 2017, a 25.7 per cent decline compared to April 2016 when 4,781 homes sold and a 0.7 per cent decrease from the 3,579 sales recorded in March 2017.
April sales were 4.8 per cent above the 10-year average for the month.
For the first four months of the year, condominium and townhome sales have comprised...
May 2, 2017
NEW LISTING: 673 COLINET ST in Coquitlam. Asking: $1,199,000 - R2161361
Categories:Central Coquitlam, Coquitlam Real Estate
CALLING ALL BUILDERS AND RENOVATORS! Level 65x115 lot with LANE ACCESS situated on one of Central Coquitlam's best streets. The house was built in 1961 and is in almost original condition. Priced at LAND VALUE. If you don't mind the dated decor, the house is very liveable. You won't see carpets like this very often! A perfect fixer-upper for a handyman or an ideal rebuild project. Quiet street. A prime location to build your dream home. Don't miss the Open House: Saturday May 6, 2-4pm.