July 24th, 2024
July 2024 Fraser Valley Real Estate Market Insights Welcome to the July 2024 Fraser Valley Presale Pulse episode, a real estate show brought to you by hosts Suzana Goncalves and … [read more]
July 24th, 2024
In May, the housing inventory experienced a notable increase, continuing the upward trend from previous months, according to a recent Edge Realty Analytics report. Seasonally adjusted active inventory levels rose … [read more]
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July 23rd, 2024
July 2024 Greater Vancouver Real Estate Market Insights Welcome to the July 2024 episode of the Presale Pulse, a real estate show brought to you by hosts Suzana Goncalves and … [read more]
Comments Off on Interest Rates Caution in Presale, Balanced Resale Dynamics
July 23rd, 2024
Vancouver homebuyers weren’t cut any breaks over the spring. The price tag for a single-family detached home in the city surged 4.6% annually to a considerable $2,293,600 in the second … [read more]
Comments Off on Metro Vancouver Detached Home Prices Surged 4.6% Y/Y, Expected to Increase 5.5% in Q4
July 22nd, 2024
“With market headwinds persisting, abnormally soft (sub 20%) presale absorption has occurred for two consecutive months within new project launches; this is the first time that we have seen this … [read more]
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July 22nd, 2024
The Canadian Real Estate Association says it is scaling back its housing market forecast for the remainder of the year amid increased levels of supply and a quiet spring spurred … [read more]
Comments Off on A Holding Pattern : Housing Market Forecast Revised, Amid Increased Levels of Supply & Fewer Rate Cut Expected
July 19th, 2024
Comments Off on Burnaby Metrotown Area Condo/Apartment Resale Average Price/Per Sqft June 2024
July 19th, 2024
Comments Off on Coquitlam New Horizons Area Condo/Apartment Resale Average Price/Per Sqft June 2024
July 19th, 2024
Comments Off on Coquitlam New Horizons & Hockaday Area Detached-Home Resale Average Price/Per Sqft June 2024
July 19th, 2024
Comments Off on Coquitlam Westood Plateau Area Detached-Home Resale Average Price/Per Sqft June 2024
July 18th, 2024
Comments Off on Burnaby Brentwood Condo/Apartment Resale Average Price/Per Sqft June 2024
July 18th, 2024
Comments Off on REBGV Condo/Apartment Resale Average Price/Per Sqft June 2024
July 18th, 2024
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July 18th, 2024
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July 17th, 2024
Vancouver, BC – July 15, 2024. The British Columbia Real Estate Association (BCREA) reports that 7,082 residential unit sales were recorded in Multiple Listing Service® (MLS®) systems in June 2024, … [read more]
Comments Off on BCREA Summer Housing Market Pause, Soft Sales & Listings Activity Continue
July 16th, 2024
In January of this year, our Advisory team made predictions around what 2024 might hold in the yearly MLA Intel Report. As we pass the halfway point of the year, … [read more]
Comments Off on Mid-Year Housing Market Insights on Presale, Launch Activity & Growth
July 15th, 2024
Sellers are streaming back into the housing market, inflating inventories in Canada’s biggest cities and handing more bargaining power to potential buyers. The Bank of Canada‘s slight cut to interest … [read more]
Comments Off on Sellers are Rushing Back to Canada Housing Market, but Buyers are Biding Time
July 15th, 2024
Following a slower-than-expected spring market, the Canadian Real Estate Association has revised its housing market forecast for 2024. Previously, CREA predicted national home sales would reach 492,083 by the end … [read more]
Comments Off on CREA Has Revised Its Housing Market Forecast as Home Sales Sluggish Across The Country
July 10th, 2024
Port Moody was the go-to Tri-City community in June for new home owners to buy. That’s according to Greater Vancouver Realtors (GVR) as the organization released its latest report, noting … [read more]
Comments Off on Combined Home Sales in Coquitlam, Port Coquitlam & Port Moody Dropped 19% M/M
July 10th, 2024
Home sales in the Greater Vancouver Area (GVA) in June hit 2,418, a 19.1 % decrease from the 2,988 sales recorded in June 2023 and down from the 2,733 sales … [read more]
Comments Off on Greater Vancouver Housing Market Approaching Balanced Condition
July 9th, 2024
Those who were hoping the Bank of Canada’s rate cut on June 5 would spark activity in the real estate market will have to continue waiting, as home sales in … [read more]
Comments Off on Fraser Valley Home Sales Remain Soft, Inventory Has Continued to Build Up for The 6th Straight Month
July 8th, 2024
Despite the Bank of Canada’s long-awaited policy interest rate cut at the start of last month, home sale activity across the Lower Mainland in June 2024 remained sluggish, according to … [read more]
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Comments Off on Fraser Valley Buyer Centric Approach in Presale & Cautious Resale Market