August 22nd, 2024
Home sales in the Greater Vancouver Area (GVA) in July totalled 2,333 units, a 5% decrease from July 2023. Meanwhile, new listings jumped 20% year-over-year, sustaining a healthy level of … [read more]
August 21st, 2024
August 2024 Greater Vancouver Real Estate Market Insights Welcome to the August 2024 episode of the Presale Pulse, a real estate show brought to you by hosts Suzana Goncalves and … [read more]
Comments Off on Interest Rate Cooling • Presale Patience • Resale Stabilization
August 20th, 2024
“Despite the increase in same-month absorptions in July compared to the previous month, developers continue to face significant challenges in bringing new product to market. This is particularly evident in … [read more]
Comments Off on Metro Vancouver Resale Market Shift Towards Buyers, Presale Has Seasonal Downturn
August 19th, 2024
Vancouver, BC – August 13, 2024. The British Columbia Real Estate Association (BCREA) reports that 6,943 residential unit sales were recorded in Multiple Listing Service® (MLS®) Systems in July 2024, … [read more]
Comments Off on BCREA Home Sales Activity Across BC Remains Below Average
August 16th, 2024
Comments Off on Burnaby Metrotown Area Condo/Apartment Resale Average Price/Per Sqft July 2024
August 16th, 2024
Comments Off on Coquitlam New Horizons Area Condo/Apartment Resale Average Price/Per Sqft July 2024
August 16th, 2024
Comments Off on Coquitlam New Horizons & Hockaday Area Detached-Home Resale Average Price/Per Sqft July 2024
August 16th, 2024
Comments Off on Coquitlam Westwood Plateau Area Detached-Home Resale Average Price/Per Sqft July 2024
August 15th, 2024
Comments Off on Burnaby Brentwood Area Condo/Apartment Resale Average Price/Per Sqft July 2024
August 15th, 2024
Comments Off on REBGV Condo/Apartment Resale Average Price/Per Sqft July 2024
August 15th, 2024
Comments Off on REBGV Townhouse Resale Average Price/Per Sqft July 2024
August 15th, 2024
Comments Off on REBGV Detached-Home Resale Average Price/Per Sqft July 2024
August 14th, 2024
“Migration Nation” is the aptly named title of Sotheby’s International Realty Canada 2024 Mid-Year Top Tier Report, released early this morning. This bi-annual report, which covers luxury home sales and … [read more]
Comments Off on “Migration Nation” is Reshaping Canada’s Luxury Home Markets
August 14th, 2024
According to Edge Realty Analytics’ July Metro Deep Dive, Vancouver’s real estate market is exhibiting mixed trends, as home sales rise, but levels of inventory are building up. Home Sales … [read more]
Comments Off on Vancouver Housing Market Update : Home Sales Rising by 1.2% M/M, Surge in Construction Activity
August 13th, 2024
According to commercial real estate brokerage JLL, office market activity in Metro Vancouver in Q2 2024 was “relatively muted,” with “limited leasing activity” and “lack of deal velocity.” The second … [read more]
Comments Off on Metro Vancouver Commercial Real Estate Market Activity was “Muted” in Q2
August 12th, 2024
The latest Royal LePage House Price Survey has been released, providing essential insights and details about the current state of the Canadian housing market. The report is useful for real … [read more]
Comments Off on The Canadian Housing Market Continues to Experience A Catch-Up Period, Influenced by Economic
August 7th, 2024
SURREY, BC – Sluggish seasonally-adjusted sales and a continued rise in inventory has the Fraser Valley market slowly shifting to favour buyers. The Fraser Valley Real Estate Board recorded 1,230 … [read more]
Comments Off on Fraser Valley Sluggish Home Sales Down by 7% M/M, Overall Market Conditions are Balanced
August 6th, 2024
According to a report published last week by real estate sales and marketing firm MLA Canada, Metro Vancouver just saw “the largest release of inventory since mid-2022” in Q2, which … [read more]
Comments Off on The Presales Market Has Been Slow Despite The Surge in Inventory
August 6th, 2024
The real estate market in BC experienced mixed signals in Q2 2024, according to an Edge Realty Analytics report. Sales There was a modest quarter-over-quarter increase of 1.2%, indicating some … [read more]
Comments Off on BC Housing Market Q2 Overview : Inventory, Construction, Rentals & Economic
August 2nd, 2024
Newly listed properties registered on the Multiple Listing Service® (MLS®) rose nearly 20% year over year in July, helping to sustain a healthy level of inventory in the Metro Vancouver1 … [read more]
Comments Off on REBGV Softening Home Prices with A Healthy Level of Inventory
August 1st, 2024
In major Canadian real estate markets like Toronto, Vancouver, and the Fraser Valley, inventory levels are surging. It appears that last month’s interest rate cut was enough (or not enough … [read more]
Comments Off on The Real Home Buyers Aren’t Truly Exist for A Buyers’ Market
July 31st, 2024
After experiencing modest increases since the start of 2024, house prices in Canada’s major urban centers remained stable in June, while market conditions for the housing market continue to indicate … [read more]
Comments Off on The Housing Markets Continue to Indicate Balanced Conditions Between Sellers & Buyers, Prices Remained Stable
Comments Off on Greater Vancouver Home Sales Down, Listings Jumped 20% Y/Y