April Stats posted - "how are we doing now?"
Posted on May 06, 2020
Well, the stats for April are in and they are interesting …as far as numbers and statistic can be! Anyways, this is the first full month of real estate tracking during the Covid19 outbreak. It hit approximately mid-month of March and thus skewed numbers a bit; so let’s get into it.
April showed a 56.1% decrease in sales from the previous month along...
TOP 5 questions regarding the temporary rental supplement in B.C.
Posted on Apr 16, 2020
1) How much money will be provided by the BC Temporary Rental Supplement (BC-TRS)?
Individuals and couples that do not have any dependents are eligible for $300 per month while households with dependents may be eligible for $500. The BC-TRS is currently available for up to three months for April, May, and June.
2) I have a non-conforming (not legal...
march stats and what covid-19 is doing to them
Posted on Apr 16, 2020
Well we have made it through 4 week now of the COVID-19 effects. The stats have come out for March and they were definitely pointing towards a market that was heating up... That being said since the lockdown has occurred this market is in a different state. The market was showing heightened demand and an up rise of listings seeing multiple offers...
The silver lining that can be found during the crisis times we are facing...
Posted on Apr 02, 2020
As we go through the throes of Covid-19 and all the mess that it brings, it is easy to just focus on the dark days and the bumpy road that still lies ahead. We will be seeing more and more things that we have never before. We are in the middle of a historic event. It is really easy to fall into a heavy depression and only focus on the negatives… th...
March Market update: covid-19 version
Posted on Mar 21, 2020
Better late than never, here is the market update for March. It has been delayed to the current climate of Covid-19 and thus this will be a slightly different market update… February saw another month of supply and demand play out. Buyer demand went up and seller supply went down, traditionally buyers demand picks up as we spool up for another busy...Non-typical lower supply of homes for January
Posted on Feb 10, 2020
The January stats have come out to start off 2020 and they are showing a gradual creep up in price and into a seller’s market in a lot of areas around Greater Vancouver. There are even instances of multiple offers happening more often as of late on many sharply priced homes. (Do keep in mind that stats can change form sub-area to sub-area, so if yo...