Pent-Up Demand Continues to Build – Home Sales Remain Slow, Average Home Price Up 6.5% Y/Y

April 15th, 2024

Vancouver, BC – April 15, 2024. The British Columbia Real Estate Association (BCREA) reports that a total of 6,460 residential unit sales were recorded in Multiple Listing Service® (MLS®) systems … [read more]

Written by Rory Clipsham
In Market Updates, Real Estate

Exploring Canadian Real Estate Landscapes & Spring Housing Market Conditions

April 10th, 2024

With winter officially behind us, the real estate landscape becomes more active, marking the onset of the busy Canadian spring market. Yet, before jumping into real estate ventures, it’s essential … [read more]

Written by Rory Clipsham
In Market Updates, Real Estate

Real Estate Flipping Data : Trending Down in BC, While It’s Spiking in Alberta

April 9th, 2024

Many politicians in years past, and even some today, have pointed to speculators as a big culprit in Canada’s housing affordability crisis. Two things those politicians have repeatedly pointed to … [read more]

Written by Rory Clipsham
In Market Updates, Real Estate

FVREB Inventory Building, Overall Housing Market Conditions Remain in Seller’s Territory

April 5th, 2024

SURREY, BC –Home buyers in the Fraser Valley have more choice heading into the spring market with inventory levels for March at the highest they’ve been in the past five … [read more]

Written by Rory Clipsham
In Market Updates, Real Estate

CREA Canadians are Ready to Buy as Demand was Starting to Pick Up

April 4th, 2024

According to the most recent data from the Canadian Real Estate Association (CREA), Canadian home prices as assessed by the seasonally adjusted Aggregate Composite MLS Home Price Index (HPI) were … [read more]

Written by Rory Clipsham
In Market Updates, Real Estate

Metro Vancouver Housing Market is Seeing Modest M/M Price Gains of 1% to 2% at The Aggregate Level

April 3rd, 2024

The number of Metro Vancouver1 homes listed for sale on the MLS® rose nearly 23% year-over-year, providing more opportunity for buyers looking for a home this spring. The Greater Vancouver … [read more]

Written by Rory Clipsham
In Market Updates, Real Estate

National Home Prices Stabilize & Gears Up for A Potentially Strong Spring Market

April 2nd, 2024

Canadian home prices have shown stability as the spring market approaches, following five consecutive decreases. The Bank of Canada has announced its decision to maintain the overnight lending rate at … [read more]

Written by Rory Clipsham
In Market Updates, Real Estate

Lower Mainland’s Commercial Real Estate Market Report

April 1st, 2024

Year-over-year sales totals and dollar volumes in 2023 were near lows last seen in 2019 in the Lower Mainland’s commercial real estate market. There were 1,249 commercial real estate sales … [read more]

Written by Rory Clipsham
In Market Updates, Real Estate

Coquitlam New Horizons The Windsor Gate Condos & Townhouses for Sale Updates as of March 29, 2024

March 29th, 2024

There are a total of 12 condos & 1 townhouse for sale as of March 29th, 2024 in The Windsor Gate by Polygon Home in New Horizons Coquitlam area. The … [read more]

Written by Rory Clipsham
In Market Updates, Real Estate

Coquitlam New Horizons & Hockaday Houses for Sale Updates as of March 29, 2024

March 29th, 2024

There are a total of 14 houses for sale as of March 29, 2024 in New Horizons & Hockaday Coquitlam. There are 6 new listings for houses for sale in … [read more]

Written by Rory Clipsham
In Market Updates, Real Estate

Coquitlam Westwood Plateau Houses for Sale Updates as of March 29, 2024

March 29th, 2024

There are a total of 20 houses for sale as of March 29, 2024 in Westwood Plateau Coquitlam. There are 9 new listings for houses for sale in Westwood Plateau … [read more]

Written by Rory Clipsham
In Market Updates, Real Estate

Burnaby Metrotown The MET & MET2 Condos for Sale Updates as of March 28, 2024

March 28th, 2024

There are a total of 7 condos for sale as of March 28th, 2024 in The MET & MET2 by Concord Pacific, 6538 & 6588 Nelson Ave in Burnaby Metrotown … [read more]

Written by Rory Clipsham
In Market Updates, Real Estate

Coquitlam Houses for Sale Updates as of March 28, 2024

March 28th, 2024

There are a total of 215 houses for sale as of March 28, 2024 in Coquitlam. There are 99 new listings for houses for sale in Coquitlam for the period … [read more]

Written by Rory Clipsham
In Market Updates, Real Estate

North Burnaby Houses for Sale Updates as of March 28, 2024

March 28th, 2024

There are a total of 86 houses for sale as of March 28, 2024 in North Burnaby. There are 37 new listings for houses for sale in North Burnaby for … [read more]

Written by Rory Clipsham
In Market Updates, Real Estate

Burnaby Metrotown Condos for Sale Updates as of March 28, 2024

March 27th, 2024

There are a total of 202 condos for sale as of March 28, 2024 in Burnaby Metrotown area. There are 91 new listings for condos for sale in Burnaby Metrotown … [read more]

Written by Rory Clipsham
In Market Updates, Real Estate

National HPI Back on The Rise, Up 4.5% Y/Y

March 27th, 2024

After contracting by 1.5% over the previous five months, the Teranet-National Bank Composite IndexTM finally returned to growth in February, rising by 0.2% compared with the previous month. This increase … [read more]

Written by Rory Clipsham
In Market Updates, Real Estate

CREA Home Sale Jumped 19.7% Y/Y, Current Activity Climbed Back to 5% Below The 10-Year Average

March 25th, 2024

The Canadian Real Estate Association says February home sales jumped 19.7% compared with a year ago in what could mark the “last relatively uneventful month of the year.” The association … [read more]

Written by Rory Clipsham
In Market Updates, Real Estate

Burnaby Metrotown Area Condo/Apartment Resale Average Price/Per Sqft February 2024

March 22nd, 2024

Written by Rory Clipsham
In Market Updates, Real Estate