Stay Tuned Into The Real Estate Market

January 2021 Market Update

Posted on Feb 19, 2021

Alright, lets face it, most people do NOT care about what is happening in the Greater Vancouver Real Estate Market (besides us). What they CARE about is "what is happening in their own neighborhoods or where their investment is."
?
We’re going to explain what's happening generally anyway, in layman's terms. Historically low interest rates (we have ne...

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2020 Is A Wrap - What A Year.

Posted on Jan 06, 2021

What a year is an understatement.  Let's have an overview of the market, here's what happened.

December continued the strong activity in Greater Vancouver 2020 home sales. Record sales were reported in the region with 2020 sales with a 53.4% increase over 2019. Why December?  This is usually our slowest time of the year.
COVID hit in March which is typ...

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November Monthly Update

Posted on Dec 02, 2020

Home buyer demand have been at record levels in the Metro Vancouver area since the summer. Housing demand continues to outpace historical averages. November sales were over 3000 units for the 1st time since 2015, this is a 22.7% increase over last year.

November 2020 sales - 3064
November 2019 sales - 2498


The total number of homes for sale is lagging...

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October Real Estate Market Update

Posted on Nov 05, 2020

New listing and home sales at record levels across Metro Vancouver. What is fueling this busy 2020 housing market? Home has been a focus for residents during the pandemic. With more days and evenings spent at home this year, people are rethinking their housing situation. Combined with the dramatic drop in interest rates. Realtors have been working...

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Home Sale Activity Up

Posted on Feb 04, 2020

Home sale and price activity remained steady in Metro Vancouver to start 2020 while home listing activity declined in January.
Sales in January were up 42.4% in 2020 over 2019. Listings in January 20.1% decreased over last year.

Looking at the supply we are seeing fewer homes for sale than is typical for this time of year. As we approach the busiest...

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March 31st Deadline - Speculation Tax Reminder!

Posted on Feb 26, 2019

WHAT IS IT?

The speculation and vacancy tax is a key measure in tackling the housing crisis in major urban centres in British Columbia, where home prices and rents have skyrocketed out of reach for many British Columbians.

The provincial government is taking action because people who live and work in B.C. deserve an affordable place to call home.

The...

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