January 14th, 2025
The Metro Vancouver real estate market finished 2024 off relatively strong, but the year as a whole was only a slight improvement from 2023 and was down substantially from prior … [read more]
January 14th, 2025
Commercial transaction volumes in the Lower Mainland fell significantly in the aftermath of the June 25 deadline to increase the capital gains inclusion rate, as many deals that would have … [read more]
Comments Off on Lower Mainland Commercial Sales & Dollar Value Fell Significantly in Q3-2024
January 13th, 2025
As far as year-ahead predictions go, industry observers say not much will change from this year to next in the Vancouver housing market, despite interest rate drops. Realtor and investor … [read more]
Comments Off on Vancouver 2025 Housing Market Predictions & Trends
January 10th, 2025
Once hailed as ‘king,’ condos (in particular, new condos) in Canada’s most major markets have seen a dramatic fall from grace over this past year. Experts agree that a perfect … [read more]
Comments Off on The Backdrop of A Changed & Challenged Condo Market
January 10th, 2025
As 2024 draws to a close, it’s clear that it was a year of significant transformation for BC and Alberta’s real estate markets. Major policy shifts, a critical provincial election, … [read more]
Comments Off on Real Estate in Review, Key Trends & 2025 Outlook
January 9th, 2025
The past year saw a welcome round of interest rate cuts, the first since 2020, with the Bank of Canada’s policy rate falling five times since April to end the … [read more]
Comments Off on Commercial Real Estate Demand, Strength & Outlook
January 8th, 2025
SURREY, BC – Bank of Canada interest rate cuts that began mid-year were not enough to ease the affordability crisis for many home buyers in the Fraser Valley in 2024, … [read more]
Comments Off on Fraser Valley The Low Levels of Selling & Buying Activity Reflected for Affordability to Improve
January 7th, 2025
Ottawa, ON December 16, 2024 – Home sales activity recorded over Canadian MLS® Systems rose again in November, building on October’s surprise jump. Sales were up 2.8% in November compared … [read more]
Comments Off on CREA National Home Sales Continue Surging, Prices Rise Amid Falling Interest Rates
January 6th, 2025
December 2024 Real Estate Market Insights Welcome to the December 2024 episode of the Presale Pulse, a real estate show brought to you by hosts Suzana Goncalves and Brittany Reimer. … [read more]
Comments Off on 2024 Presale Market Recap Across Metro Vancouver & Fraser Valley
January 6th, 2025
Home sales registered on the Multiple Listing Service® (MLS®) in Metro Vancouver rose over 30% in December, compared to the previous year, signalling strengthening demand-side momentum to close out 2024. … [read more]
Comments Off on GVR Year-End Housing Market Report : A Strong Finish to Cap Off 2024
December 30th, 2024
A few solid rate cuts from the Bank of Canada this year alleviated stress for aspiring homeowners and certain mortgage holders, but residential real estate is about to get even … [read more]
Comments Off on A Seller’s Market with The National Average Residential Price to Increase by 5% in 2025
December 30th, 2024
The composite index rose by 0.6% in November, the fifth consecutive monthly increase and a larger rise than the previous month’s 0.4%. As a result, prices have grown by a … [read more]
Comments Off on National HPI Accelerates, The Pace of House Price Appreciation to Be Moderate
December 20th, 2024
There are a total of 13 houses for sale as of December 20, 2024 in New Horizons & Hockaday Coquitlam. There are 3 new listings for houses for sale in … [read more]
Comments Off on Coquitlam New Horizons & Hockaday Houses for Sale Updates as of December 20, 2024
December 20th, 2024
There are a total of 39 houses for sale as of December 20, 2024 in Westwood Plateau Coquitlam. There are 2 new listings for houses for sale in Westwood Plateau … [read more]
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December 19th, 2024
There are a total of 263 condos for sale as of December 19, 2024 in Burnaby Metrotown area. There are 29 new listings for condos for sale in Burnaby Metrotown … [read more]
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December 19th, 2024
There are a total of 14 condos & 4 townhouses for sale as of December 19th, 2024 in The Windsor Gate by Polygon Home in New Horizons Coquitlam area. The … [read more]
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December 19th, 2024
There are a total of 389 houses for sale as of December 19, 2024 in Coquitlam. There are 14 new listings for houses for sale in Coquitlam for the period … [read more]
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December 19th, 2024
There are a total of 111 houses for sale as of December 19, 2024 in North Burnaby. There are 17 new listings for houses for sale in North Burnaby for … [read more]
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December 18th, 2024
With the Bank of Canada’s policy interest rate now clearly on a downward falling trend, all signs point to a major resurgence in Metro Vancouver’s housing market. This is being … [read more]
Comments Off on Metro Vancouver Housing Market Expected to Pick-Up in 2025 as Borrowing Conditions Improve
December 18th, 2024
“Many developers who began previews in October have decided to put the brakes on launches due to lack of traffic and buyers. Despite this, the seven projects that launched in … [read more]
Comments Off on 2024 Presale Report : Amid A Winter Cooldown & Numerous Hurdles Remain
December 17th, 2024
Vancouver is one of the only condo markets in Canada favourable toward buyers right now, but that’s not going to last long, according to a new analysis of the country’s … [read more]
Comments Off on Vancouver Condos to Remain in Buyer’s Market Condition in 2025
December 17th, 2024
The BCREA Commercial Leading Indicator fell 0.2 points to 145.6 in the third quarter of 2024, while the six-month moving average also fell to 145.7. Compared to the same quarter … [read more]
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Comments Off on Metro Vancouver 2024 Housing Market Finished Strong, but The Annual Numbers were Only A Slight Improvement from 2023