Vancouver, BC – May 11, 2023. The British Columbia Real Estate Association (BCREA) reports that a total of 7,427 residential unit sales were recorded in Multiple Listing Service® (MLS®) systems … [read more]
Your home’s exterior should not be ignored. Many homeowners focus on what the home looks like from the inside while ignoring the outside. Even if your home is old, renewing … [read more]
When moving into a brand-new home, having appropriate furniture for the new space’s scale, size, and style is essential. New furniture will make a new construction home look and feel … [read more]
Generation X is driving activity in BC’s recreational property market in areas like Vancouver Island and Whistler, according to Re/Max Canada’s 2023 Cottage Trends report. This generation – made up … [read more]
The Canada Mortgage and Housing Corp. says the average home price will not revert to pre-pandemic levels in 2023 because the recent declines in prices are tapering off in many … [read more]
Selling a home can be a complex and challenging process, and the way you communicate with potential buyers can greatly impact the success of the sale. While it’s important to … [read more]
Whether you’re a first-time homebuyer or an experienced investor, finding good deals in the real estate market can be tricky. As the market heats up for spring across Canada, many … [read more]
The number of available homes in Canada is still close to the lowest it’s ever been, with just 1.8 months of available inventory compared to the long-term national average of … [read more]
Moving can be a stressful experience, and finding the perfect place to call home can be challenging. However, if you’re looking for luxurious living in the city, luxury apartment living … [read more]
One of the biggest perks of buying a new construction home is the benefit of the new building and structural components at the beginning of their life cycle. However, new … [read more]
SURREY, BC – Despite persistent inventory shortfalls, housing sales in the Fraser Valley remained steady in April as buyers took advantage of the continued pause in interest rate hikes. In … [read more]
Bathroom upgrades can be expensive, but they don’t have to be. There are plenty of ways to upgrade your bathroom on a budget, without sacrificing style or function. Whether you’re … [read more]
If you’re looking for a home design refresh, it can be hard to know where to start. Whether you’ve recently moved or are just in the mood for a change, … [read more]
After a calm first quarter for luxury real estate in Vancouver, demand is strengthening as buyers who have been waiting on the sidelines start to move into the market, according … [read more]
Vancouver, BC – May 2, 2023. The British Columbia Real Estate Association (BCREA) released its 2023 Second Quarter Housing Forecast today. Multiple Listing Service®(MLS®) residential sales in BC are forecast … [read more]
Living in a great neighborhood is something that many people desire. It’s a place where you feel safe, comfortable, and happy. But what makes a great neighborhood? In this article, … [read more]
Vancouver residents now need an additional $21,360 in annual income to afford an average home, an increase of almost 10%, according to Ratehub.ca. The City of Vancouver saw the biggest … [read more]
Vancouver is currently in the midst of a massive supply shortage, with inventory 22.3% below the ten-year seasonal average. Regional home sales are also down by 28.4% over similar long-term … [read more]
A home listing is a document that provides detailed information about a property offered for sale or rent. Parts of a Home Listing Here are the main parts to include … [read more]
There is a multitude of ways to save for a home, but Canadian Real Estate Wealth has put together a list of the crème de la crème; the shortest distance … [read more]
According to the latest data from CMHC, the annual rate of housing starts dropped by 11% nationally in March, as higher interest rates hamper affordability and slow the pace of … [read more]
Smart home gadgets have become increasingly popular in recent years, with more and more people embracing the convenience and connectivity they offer. These gadgets, which include everything from smart thermostats … [read more]
Rory Clipsham is a independently owned and operated broker member of Oakwyn Realty Northwest. This is not an offer for sale. Not intended to induce breach of an existing agency agreement.
2025 Rory C Real Estate, All Rights Reserved. Contents of this website, including the photography & videos, may not be used without written consent from Rory Clipsham . Maximum effort is put towards the details but cannot guarantee, buyer to verify all details.
Comments Off on BCREA Tighter Housing Market Conditions Caused by Low Inventory