In January 2020, a total of 4,426 residential units were recorded by the Multiple Listing Service® (MLS®), as reposted by the British Columbia Real Estate Association (BCREA). This was an increase...
Blog & News: Vancouver Real Estate Market
INCREASED HOME SALE ACTIVITY, DECREASED SUPPLY TO START 2020
According to the Real Estate Board of Greater Vancouver (REBGV), the residential home sales in the region hit 1,571 in January 2020. This is a 42.4% increase from the January 2019 sales of 1,103 and a 22.1%...
CANADA HOME PRICES TO INCREASE MODESTLY IN SPRING
What does it mean for B.C.?
The Greater Vancouver market saw signs of heading towards recovery in the fourth quarter, after a year-over-year decline. There was a 4.8% decrease in the aggregate price of...
HOUSING MARKETS FLAT IN 2019
The Multiple Listing Service® (MLS®) recorded a total of 77,331 residential unit sales in 2019, a decrease of 1.5% from the 78,516 units sold in 2018 as reported by the British Columbia Real Estate...
Strong sales close out the 2019 real estate market
Residential home sales in the region totalled 2016 in December 2019, an 88.1% increase from the 1,072 sales recorded in Dec 2018, and a 19.3% decrease from the 2,498 homes sold in November 2019.
Last month...
Price growth in condo and detached market said to appreciate the Canadian real estate market by 3.2% in 2020
What does this mean for us?
Greater Vancouver house prices will see a stabilization in 2020. The aggregate prices for homes is forecasted to hit $1,125,200, an increase if 1.5% in 2020. For two-storey homes...
HOME SALES FIRM UP ACROSS BC
According to the British Columbia Real Estate Association (BCREA) report, there were 6,616 residential unit sales recorded by the Multiple Listing Service® (MLS®) in November. This showed an increase...
Historically typical levels for home sales in Metro Vancouver
Home buyer activity has returned to more historically typical levels in Metro Vancouver, after a slow first half for 2019. According to The Real Estate Board of Greater Vancouver (REBGV), residential home...
Significant home price variations in 2019, for Canada's most popular winter recreational markets
Where does B.C. stand?
Kimberly situated in the Kootenay Rockies in British Columbia have had a surge of young buyers, contributing towards the demand of condominiums in the area. The average price of condos...
Normalization trend of home sales to continue in October
According to the British Columbia Real Estate Association (BCREA), residential unit sales totalled 7,666 as recorded by the Multiple Listing Service® (MLS®) in October. This is an increase of 19.3%...
Home sales in BC to carry momentum into 2020
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...
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...
Metro Vancouver real estate market sees an uptick in sales
Sales activity increased to more typical levels in Metro Vancouver during the summer months.
According to the Real Estate Board of Greater Vancouver (REBGV)residential home sales totalled 2,231 in August...
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...
June showed an increase in housing supply and a decrease in sales and prices.
With home buyer demand below long-term historical averages in June, the supply of homes for sale continued to grow in Metro Vancouver.
The Real Estate Board of Greater Vancouver (REBGV) reports that residential...