A Strong Finish For December 2020
Posted on Jan 06, 2021
Sales for the year in the Greater Vancouver Regional District (GVRD) totaled 30,944. This is a 22.1% increase from the final tally in 2019; however last year’s total was 2.8% below the 10-year average. Overall GVRD fared relatively well though out the pandemic and the market coming to a dead stop in March when it first reared its ugly head.
2020 had...
2020 had...
November keeps rolling along like a fire in the ice
Posted on Dec 13, 2020
While the temperatures are dropping with talks of a white Christmas the real estate market is keeping the fire going! The sales pace for historical averages in November were 24.6% above the 10-year average for November and the 2nd highest ever recorded for the month. This however was a 16.9% decrease in the total homes sold from October to November...
PROTECT YOURSELF: STRATA WATER DEDUCTIBLES
Posted on Nov 23, 2020
Many Strata Annual General Meetings are coming up over the next few months presenting an ideal opportunity for strata lot owners to verify that their home owner insurance policy water deductible coverage matches that of the strata corporation's master building policy and if not advise their insurance broker immediately. The BC Strata Property Act...
October keeps smashing along (other than pumpkins)
Posted on Nov 15, 2020
October stats are and it seems that the market train just keeps rolling… Sales of homes were up 1.2% from September and was 34.7% above the 10 year average; which is the 2nd highest ever counted for October ever!
From September to October, Greater Vancouver witnessed a 13% decrease in the number of new homes to hit the market as new listings. That r...
From September to October, Greater Vancouver witnessed a 13% decrease in the number of new homes to hit the market as new listings. That r...
September surges forward.
Posted on Oct 06, 2020
The market stats for September have now been released and the market is yet again on an up rise; which is contrary to the massive drop that CMHC was calling for in March. The number of homes sold this past month was up 19.6% from August of this year and a whopping 56.2% from September of 2019.
This past September for number of homes sold also happen...
August stats and looks like school is in session!
Posted on Sep 14, 2020
The spring and summer have now passed and the children have returned to school. This is typically the time that the markets pick up after the usual summer lull. This however has not been a typical year (which is also easily an understatement!). The buying and selling transactions were actually HIGHER than the historical averages and this could be c...