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...
Blog & News: Vancouver Real Estate Market
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...
Sales in BC are forecast to rise in 2020
According to the British Columbia Real Estate Association (BCREA), sales in BC are forecast to rise next year.
Multiple Listing Service® (MLS®) residential sales in the province are expected to...
May sees a 5 year high in housing supply and a modest increase in home sales.
Metro Vancouver home sales exceed 2,000 for the first time in 2019, while buyer demand remains below averages.
The Real Estate Board of Greater Vancouver (REBGV) reports residential sales in Metro Vancouver...
Another month of reduced demand, and increased supply
photo by Aditya Chinchure
Decreased demand continues to allow the supply of homes for sale to accumulate across the Metro Vancouver* housing market.
Last month’s sales were 43.1% below the 10-year...
Government policy keeps prospective home buyers on the sidelines
Metro Vancouver home sales were at the lowest levels seen in March in more than 3 decades.
The Real Estate Board of Greater Vancouver (REBGV) reports that residential home sales totalled 1,727 in March...
Vancouver real estate market update: Now is a great time to trade up!
A quick follow-up to last month's issue when I chose to focus on the primary reason for the current buyer's market, which generally is attributed to the B-20 mortgage stress test that the federal government...
