News: Vancouver Real Estate Market
Metro Vancouver home sales surpass 4,000 for third consecutive month
It continues to be a competitive spring market for Metro Vancouver* home buyers. This competition continues to put upward pressure on home prices, particularly in the detached home market.
The Real Estate Board of Greater Vancouver (REBGV) reports that residential property sales in Metro Vancouver reached 4,056 on the Multiple Listing Service® (MLS®) in May 2015. This represents a 23.4 per cent increase compared to the 3,286 sales recorded in May 2014, and a decrease of 2.9 per...
BC Housing Demand Forecast to be Strongest Since 2007 - BCREA 2015 Second Quarter Housing Forecast
Posted in housing forecast
Vancouver, BC – June 1, 2015. The British Columbia Real Estate Association (BCREA) released its 2015 Second
Quarter Housing Forecast today.
"More robust economic growth, strong consumer confidence and rock-bottom mortgage interest rates are expected to push housing demand this year to its highest level since 2007," said Cameron Muir, BCREA Chief Economist.
Multiple Listing Service® (MLS®) residential sales in British Columbia are forecast to rise 2.4 per cent to 86,050 units...
JUST LISTED: 2 Bdrm & Den Condo in the West End with Panoramic Ocean View
Posted in Vancouver real estate
Spectacular NW corner 871 sf, 2 bdrm & den, 2 bthrm at the award winning Residences on Georgia w/ panoramic views of English Bay, Lions Gate Bridge, Coal Harbour & mountains. Efficient floor plan featuring floor to ceiling windows,air conditioning, HW flrs, granite in the kitchen & marble counters in bathrooms. Entertainment sized balcony is a perfect vantage to enjoy the vistas. Built in 1997 the building features 24 hour concierge service, an exercise centre, meeting rms &more. A...