Modest increases in prices for december...
Posted on Jan 07, 2020
The stats for December have come out and are showing some interesting trends taking hold… There were 1,588 newly listed homes (Apartment, Townhouse and House) in December which is a whopping 46.8% decrease from the number of homes that were listed the month before in November. The total number of homes listed on the MLS dropped 20.1% from November...
creeping into a sellers market perhaps...
Posted on Dec 08, 2019
The stats have arrived for November and shows that consumers are having a growing faith in the market. Sales levels have been returning to traditional norms with only slight decreases in the overall pricing across greater Vancouver. The amount of transactions has been increasing over the past month and a low amount of new listings coming on the mar...
Balanced Market Continues but may shift...
Posted on Nov 12, 2019
September Stats and why a crystal ball would be just swell to have right now...
Posted on Oct 09, 2019
Well the September stats have come out and where are we at? We’re still hanging out in a balanced market as we have been for the past 3 months or so. We will likely see this trend maintain until the end of the year at least and probably into the earlier stages of 2020 as the winter sales slow is melting off. A balanced market doesn’t usually last f...
Might the market be increasing in price soon?
Posted on Aug 13, 2019
The Greater Vancouver market is in a state of flux right now. Currently detached homes in many of the cities are in a balanced market and attached homes are remaining in a seller’s market. Traditionally the summer is a slower period in a real estate cycle. This is usually caused by people taking vacations and such, along with kids out of school and...
June has arrived and we are off to the races like a herd of turtles!
Posted on Jul 16, 2019
June stats have arrived! So here is your update and some thoughts on them! May was busier than June as is traditional in the real estate markets in Vancouver. This is usually caused from the summer slowdown with kids being out of school, families taking vacations, realtors taking vacations and frankly people are just more thinking about summer fun...