May sales up, supply up... Where do we go now??
Posted on Jun 12, 2019
The stats have come out for the month of May with a lot of goings on! On May 30th the Bank of Canada held the key interest rate at 1.75% with is what economists had predicted along with a slim chance of there being a further reduction (Most are figuring that the rates will likely stay the same until 2020). Buyers are still grappling with the B20 ru...April Stats posted! "is the sky falling?"
Posted on May 04, 2019
The sun is out and the frost is melting... This is usually the period of time where the real estate market generally loosens up and picks up in transactions (purchases and sales) and listings (product). It is of note that the same headlines (regarding supply) ring the same from last year's to this:
"Home sales down, listings up across Metro Vancouve...
February 2019 stats "is it buy time?"
Posted on Mar 07, 2019
The stats for February have come out and needless to say there has been a definitive market shift. The cards used to be entirely in the hands of the sellers, but now buyers are enjoying a little more control over the market. Sellers shouldn't expect a frenzy of buyers desperately trying to outbid one another in multiple offers. The number of transa...
INSURANCE and why you should have it
Posted on Mar 05, 2019
Imagine that you are relaxing at you home... Off work, shoes off, in your soft pants, eating some popcorn and binge watching the latest whatever is popular on Netflix. You start to realize that something is amiss and that there is smoke pouring into your unit; there is yelling and commotion. This is not a drill, there is a fire and it's tearing thr...
Condominiums and townhomes in high demand across Metro Vancouver
Posted on Apr 01, 2017
Demand for condominiums and townhomes continues to drive the Metro Vancouver* housing market.
Residential property sales in the region totalled 3,553 in April 2017, a 25.7 per cent decline compared to April 2016 when 4,781 homes sold and a 0.7 per cent decrease from the 3,579 sales recorded in March 2017.
April sales were 4.8 per cent above the 10-ye...
Residential property sales in the region totalled 3,553 in April 2017, a 25.7 per cent decline compared to April 2016 when 4,781 homes sold and a 0.7 per cent decrease from the 3,579 sales recorded in March 2017.
April sales were 4.8 per cent above the 10-ye...
Demand for homes continues to outpace supply in Metro Vancouver
Posted on Mar 01, 2017
A shortage of residential property listings coupled with strong demand, particularly for condos and townhomes, continued to impact Metro Vancouver’s housing market in March.
Residential property sales in the region totalled 3,579 in March 2017, a decrease of 30.8 per cent from the 5,173 sales recorded in record-breaking March 2016 and an increase of...
Residential property sales in the region totalled 3,579 in March 2017, a decrease of 30.8 per cent from the 5,173 sales recorded in record-breaking March 2016 and an increase of...