According to the Multiple Listing Service® (MLS®)forecast, residential sales in the province are to decline 1.8% to about 77,100 units this year, compared to 78,505 residential sales in 2018. R...
Blog & News: Vancouver Real Estate Market
An increase in home buyer activity for October
There has been a pickup in home sale activity in the Metro Vancouver housing market.
The Real Estate Board of Greater Vancouver (REBGV) reports that residential home sales of detached, attached and apartment...
Halloween day and how it impacts property values!
Costumes and candy are some of the perks you get on Halloween, but did you know that Halloween also has an impact on your home's value!
“Anyone who has done renovations or rebuilt their homes know...
Top rated Coquitlam real estate agent for 2nd year in a row!
It is hard to believe that it’s been 24 years since I moved to Vancouver. Like everyone, purchasing a home was something that I always wanted to accomplish. As part of the process in finding...
Canadian Newcomers are buying one in five homes
The Royal LePage 2019 Newcomer Survey, shows that Canadian newcomers are heading to make 680,000 home purcahses over the next five years. British Columbia is the third most popular destination for international...
Market keeps momentum into fall
The British Columbia Real Estate Association (BCREA)reports shows residential unit sales reached a total of 6,938 as recorded by the Multiple Listing Service® (MLS®) in September, a 24% increase...
A rise in demand helps to balance the housing market
Home buyer demand has returned to more usual levels in Metro Vancouver over the last three months.
The residential home sales in the area has reached 2,333 in September 2019, when compared to 1,595 in September...
Summer sees an increase in real estate sales
The Vancouver real estate market saw an increase in demand, pushing July (a typically quieter time of the year) to the second highest selling month so far in 2019.
There has been a substantive increase...
Metro Vancouver home sales decline below historical averages in 2018
Metro Vancouver* home sales in 2018 were the lowest annual total in the region since 2000.
The Real Estate Board of Greater Vancouver (REBGV) reports that sales of detached, attached and apartment properties...
2018 BC Assessment Sample Property Value Changes in Greater Vancouver
Property owners received their 2019 assessment notices last week. Overall, condominiums increased throughout Greater Vancouver while detached home values were mixed. Here’s a detailed table.
The deadline...
The Economic Fallout of Housing Price Shocks
April 04, 2018 - The desire of some well-meaning British Columbians for government to drive down the price of homes through demand-side policy may sound practical at first blush. However, when you consider...
BC Home Sales Above 100,000 for Third Consecutive Year
Vancouver, BC – January 12, 2018. The British Columbia Real Estate Association (BCREA) reports that a total of 103,763 residential unit sales were recorded by the Multiple Listing Service® (MLS...
Low Inventory Levels Drive Home Values Higher in Greater Vancouver During the Fourth Quarter of 2017
While competition within the region's condominium market stiffened, two-storey home values came back to life during the quarter, posting strong year-over-year gains New Office of the Superintendent...
Metro Vancouver continues to experience above-average demand and below-average supply
VANCOUVER, BC – December 4, 2017 – Metro Vancouver saw modest home listing changes and steady demand in November.
The Real Estate Board of Greater Vancouver (REBGV) reports that residential...
October sales exceed historical average
VANCOUVER, BC – November 2, 2017 – Metro Vancouver* home sales exceeded typical historical levels in October with the majority concentrated in the townhouse and apartment markets.
The...
The Tale of Two Housing Segments Continues in the Greater Vancouver Residential Real Estate Market
Affordability issues and mortgage regulations spur activity in the region’s entry-level market
Price gap between condominiums and two-storey homes continues to narrow, benefiting move-up buyers
...
BC Home Sales Ratchet Higher in September
Vancouver, BC – October 12, 2017. The British Columbia Real Estate Association (BCREA) reports that a total of 8,340 residential unit sales were recorded by the Multiple Listing Service® (MLS...
Home buyer demand continues to differ based on housing type
VANCOUVER, BC – October 3, 2017 – Apartment and townhome activity is outpacing the detached home market across Metro Vancouver*. This activity helped push total residential sales...
Condominium sales drive August activity
VANCOUVER, BC – September 5, 2017 – Competition for condominiums and townhomes pushed Metro Vancouver* home sales above typical levels in August.
The Real Estate Board of Greater...
Canada’s Residential Real Estate Market Makes the Move to Moderation in the Second Quarter of 2017
Greater Vancouver Home Price Appreciation Dips to Single-Digit Gains in Second Quarter of 2017
Low inventory coupled with an uptick in buyers maintain the region's seller's market
VANCOUVER, July...