Sales numbers in Metro Vancouver continued to rise through October, as they had also done in September and August compared to the same time last year. Below is the latest press release from the Real Estate Board of Greater Vancouver. You can also find the full press release here. "The Metro Vancouver housing market is experiencing a fall pickup in home sale activity. The Real Estate Board of Greater Vancouver (REBGV) reports that residential home sales in the region totalled

August is typically a slow month for real estate with people (and their realtors) away on holidays and families getting ready for school. That in mind, it's not surprising that overall sales were down 12.7% from July. What was surprising to some was that sales were up 15.7% from where they were the same month last year. The ratio of sales-to-active listings is also looking stronger at 16.7 per cent for all property types (12% for detached homes, 18.4% for townhomes and 21.2

Despite the summer months typically being a bit quieter than the spring, this July marked the second busiest month of this year in terms of number of sales. That said, sales across the Metro Vancouver region were still 7.8% slower than the 10 year average. If you are curious about a specific region or even neighbourhood, send me a message specifying which area or home type you would like sales information on and I'll be happy to provide you with the latest . The Real Estate B

As you may have heard, this March was the slowest in terms of sales in three decades. That said, March did have some good news for first time home buyers thanks to newly released incentives in the federal budget. The hope is that these changes, in combination with decreasing mortgage rates, will enable more people to afford a home and perhaps bolster the stalled market. Below is the market summary provided by the Real Estate Board of Greater Vancouver covering the sales activ

JANUARY REAL ESTATE STATISTICS Below is a summary for Metro Vancouver. You can find the statistics for specific property types in specific areas by going here (neighbourhoods in West Vancouver, North Vancouver, East Vancouver and Vancouver West are covered. Alternatively, feel free to get in touch with me and I'll be happy to provide the statistics for the area you are interested in. February has started off busy and January saw the number of listings increase across all hous

The latest real estate statistics are out for September. As most buyers and sellers are aware, housing demand is decreasing and overall prices are softening with this. At the same time, The Bank of Canada is expected to raise the key interest rate at it's next meeting on October 24th, with analysts predicting a total increase of 0.5% by early 2019 and more hikes likely to follow throughout the year. This means that many buyers will likely want to get in the market before the

A point-form summary of the latest real estate sales statistics for Metro Vancouver condos, townhouses and detached homes.

Find out how the latest statistics could impact the sale of your home, or that place you would like to buy.

RISING INTEREST (AND MORTGAGE) RATES: By now there’s a good chance you’ve heard that the Bank of Canada raised it’s interest rates by another 25 basis points on September 6th. The move marks the second hike since July this year, with the key lending rate now standing at 1%. Wasting no time, Canada’s five big banks followed suit, raising their prime lending rate to 3.2% up from 2.95% with more expected to do the same. If you have a variable rate mortgage, it’s likely you’re al

“Until more entry level, or ‘missing middle’, homes are available for sale in our market, we’ll likely continue to see prices increase,” say