REBGV Detached-Home Resale Average Price/Per Sqft November 2023
December 14th, 2023
December 14th, 2023
December 13th, 2023
Vancouver, BC – December 12, 2023. The British Columbia Real Estate Association (BCREA) reports that a total of 4,630 residential unit sales were recorded in Multiple Listing Service® (MLS®) systems … [read more]
Comments Off on BCREA Home Prices Hold Firm Even at Softening Home Sales
December 12th, 2023
The BCREA Commercial Leading Indicator (CLI) fell 0.6 points to 145.5 in the third quarter of 2023, while the six-month moving average fell to 146.3 points. Compared to the same … [read more]
Comments Off on The Environment for Commercial Real Estate Remains Highly Abnormal & Uncertain
December 11th, 2023
Gone are the bidding wars previously seen in many communities, as higher interest rates cause buyers to take a step back and housing inventories build. Bank of Canada rate hikes … [read more]
Comments Off on Housing Market Competition is Cooling Across The Country
December 6th, 2023
If you’re watching Metro Vancouver’s real estate market right now, you’re probably looking at West Coquitlam. Following in the footsteps of Burnaby’s recent surge, West Coquitlam is experiencing an unprecedented … [read more]
Comments Off on Evolving Development Activity & Strong Market Absorption in Coquitlam
December 6th, 2023
SURREY, BC – The Fraser Valley real estate market continues to cool heading into the holiday season as buyers and sellers maintain the holding pattern seen over the latter half … [read more]
Comments Off on Housing Market Holding Pattern Continues in The Fraser Valley
December 5th, 2023
With one month left in 2023, a steady increase in housing inventory is offering home buyers across Metro Vancouver1 among the largest selection to choose from since 2021. The Real … [read more]
Comments Off on REBGV Metro Vancouver Balanced Housing Market Paired with The Seasonal Slowdown
December 4th, 2023
Those hoping for Metro Vancouver housing prices to soften may have to wait a little longer. Predictions for the local real estate market going into 2024 include a 2% increase … [read more]
Comments Off on Metro Vancouver Home Prices to Increase as Sales Drop, No Rate Cuts Coming Until Mid-2024
December 1st, 2023
There are a total of 12 condos & 1 townhouse for sale as of November 30th, 2023 in The Windsor Gate by Polygon Home in New Horizons Coquitlam area. The … [read more]
Comments Off on Coquitlam New Horizons The Windsor Gate Condos & Townhouses for Sale Updates as of December 1, 2023
December 1st, 2023
There are a total of 4 houses for sale as of December 1, 2023 in New Horizons & Hockaday Coquitlam. There are 2 new listings for houses for sale in … [read more]
Comments Off on Coquitlam New Horizons & Hockaday Houses for Sale Updates as of December 1, 2023
December 1st, 2023
There are a total of 21 houses for sale as of December 1, 2023 in Westwood Plateau Coquitlam. There are 4 new listings for houses for sale in Westwood Plateau … [read more]
Comments Off on Coquitlam Westwood Plateau Houses for Sale Updates as of December 1, 2023
November 30th, 2023
There are a total of 219 condos for sale as of November 30, 2023 in Burnaby Metrotown area. There are 61 new listings for condos for sale in Burnaby Metrotown … [read more]
Comments Off on Burnaby Metrotown Condos for Sale Updates as of November 30, 2023
November 30th, 2023
There are a total of 6 condos for sale as of November 30th, 2023 in The MET & MET2 by Concord Pacific, 6538 & 6588 Nelson Ave in Burnaby Metrotown … [read more]
Comments Off on Burnaby Metrotown The MET & MET2 Condos for Sale Updates as of November 30, 2023
November 30th, 2023
There are a total of 103 houses for sale as of November 30, 2023 in North Burnaby. There are 26 new listings for houses for sale in North Burnaby for … [read more]
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November 29th, 2023
After rising for the past five months, the Teranet-National Bank Composite Index™ started to fall again in October, as property prices across the country declined by 0.4% over the month … [read more]
Comments Off on Canadian Home Prices Start to Drop Again
November 28th, 2023
There are certainly risks that come with pre-sales, but for those who are comfortable with those risks and are looking to get into the market, their attention is now likely … [read more]
Comments Off on 5 Biggest Presale Projects That Launched are All in Metrotown Burnaby
November 28th, 2023
Interest rates took the steam out of Canadian home prices last month, with the latest Teranet-National Bank Composite House Price Index seeing its first dip in five months. The index … [read more]
Comments Off on Canadian Resale Housing Market is Losing Momentum
November 27th, 2023
Zonda Urban’s Vancouver Multi-Family Take for Q3-2023 shows a market cooldown for new homes. However, stable housing prices, constant migration, and higher borrowing costs have led to a significant regional … [read more]
Comments Off on High Borrowing Costs Have Led to Vancouver Affordability Crunch
November 27th, 2023
November 2023 Fraser Valley Real Estate Market Insights Welcome to the November 2023 Fraser Valley Presale Pulse episode, a real estate show brought to you by hosts Suzana Goncalves and … [read more]
Comments Off on Fraser Valley Resale Sales Decline, Pricing Shifts & Presale Launches
November 24th, 2023
“By the numbers, October was a massive month for the release of new supply. Although this is encouraging to see, we are witnessing softer demand than seasonally expected given overarching … [read more]
Comments Off on From The Sidelines Into The Spotlight : Unleashing Presale Market Momentum
November 23rd, 2023
In the Fraser Valley, Surrey emerges as an area of potential growth despite facing the headwinds of rising interest rates and changing market dynamics. The city has moved through price … [read more]
Comments Off on Surrey Condo Demand Signals Recovery, Townhomes Move Into A Balanced Market
November 23rd, 2023
Home values in BC’s Lower Mainland remained surprisingly resilient through October despite high mortgage rates. However, housing affordability issues have set the stage for a challenging winter ahead for the … [read more]
Comments Off on Relatively Low Supply Continues to Prop Up Home Values in BC
Comments Off on REBGV Detached-Home Resale Average Price/Per Sqft November 2023