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February 2016 Vancouver Market Update

March 16th, 2016
February 2016 ranked the highest selling month on record for the Metro Vancouver housing market!

Property sales were up 36.3% from February 2015 and 65.6% per cent compared to January 2016. Another stat worth mentioning - sales were up 56.3% above the 10-year sales average.

These are very impressive statistics for sellers. The market is extremely competitive and fast moving with the market stro ...

BC Housing Demand Forecast to be Strongest Since 2007

June 1st, 2015
The British Columbia Real Estate Association (BCREA) released its 2015 Second Quarter Housing Forecast today.

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“More robust economic growth, strong consumer confidence and rock-bottom mortgage interest rates are expected to push housing demand this year to its highest level since 2007,” said Cameron Muir, BCREA Chief Economist.  

Multiple Listing Service® (MLS®) residential sales ...

August 2014 Vancouver Real Estate Market Update

September 12th, 2014

Greetings! 

Vancouver Home Buyers did not take a vacation this summer August numbers prove! The Metro Vancouver housing market experienced steady home sale, listing, and pricing trends for the month of August. Property sales in Greater Vancouver were up over 10% from August 2013.

“Activity this summer has been strong but not unusual for our region,” Ray Harris, REBGV president said. “The vo ...

April 2014 Vancouver Real Estate Market Update

May 6th, 2014

Spring buyers and sellers emerge in the Greater Vancouver housing market! April proved to be another strong month as home buyers and sellers became more active.

 Sales in April were up by 16.1% compared to April 2013, and 15.5% compared to March 2014.

 

More good news for both buyers and sellers across Greater Vancouver was the the sales-to-active-listings ratio currently sits at 19.7%, wh ...

February Sales Up 40.8% over Last Year

March 11th, 2014

Greetings! 

Happy Spring! 

February was another busy month for Real Estate in Greater Vancouver. The Real Estate Board of Greater Vancouver reports that residential property sales were up in February 2014 by 40.8% over February 2013 and up 43.8% over January 2014.

In the first two months of 2014, the Greater Vancouver housing market has maintained the steady pace set throughout 2013.  I ex ...

October 2013 Real Estate Market Update

November 6th, 2013

Even though the sun stayed to play in October this didn’t slow down the Real Estate market in Greater Vancouver.

Home buyer and seller activity continued to mirror historical averages in the Greater Vancouver housing market. These trends have helped keep the region in a balanced state for the last nine months.

The Real Estate Board of Greater Vancouver reported that in October residential p ...

Downtown Vancouver Condo & Townhouse Market Update October 2013

November 4th, 2013

This October was a very busy month for the Downtown Real Estate Market. With a sales ratio of 22% this places Downtown Vancouver’s Real Estate Market in a Sellers Market.  

The most active price range was under $300,000 with an average of 37% of properties selling and $400,001 to $500,000 with an average of 33% of properties selling.

All but one of downtown’s neighbourhoods was in a Sellers ...

North Vancouver Condo, Townhouse, and Duplex (attached) Market Update October 2013

November 4th, 2013

During the month of October the attached housing market in North Vancouver was classified as a Balanced Market with 20% of listed properties selling.

The most active price range was under $300,000 with an average of 28% of properties selling and $700,000 to $800,000 with an average of 27% of properties selling. The most active areas in North Vancouver were:


Lynn Valley with 44% of listed pr ...

Sellers of Detached homes in North Vancouver are officially in a SELLERS MARKET!

April 4th, 2013

Spring is looking up for detached home owners in North Vancouver with a sales ratio average of 30%. Homes are currently selling on average of 1% below list price.

The most active price band is $600,000 to $1,000,000 with an average of 59% sales ratio this is almost 6 in 10 homes selling.

If you are thinking about buying a detached home in North Vancouver your best bet is homes priced betwee ...

March Brings a Balanced Condo Market to North Vancouver

April 4th, 2013

The March 2013 North Vancouver Real Estate Market Statistics are out!

Things are starting to look up for the condo market in North Vancouver.

In March the official market type for Condos in North Vancouver was a BALANCED MARKET at a 18% Sales Ratio average.

North Vancouver condos and townhomes are selling on average 1% below their list price.

The most active price band in March was $600,0 ...

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