“It’s pent-up demand, bro – the market’s recovered” is one of the most common things I hear these days. Unfortunately, most people parroting the words don’t actually understand what they’re … [read more]
The commercial leading indicator (CLI) from the BC Real Estate Association (BCREA) plunged in the second quarter of 2020 to the second-lowest level since the financial crisis of 2009. The … [read more]
Whether you’re looking to buy a home or preparing a home for sale—or if you simply want to save money—then you should be looking for effective ways to reduce your … [read more]
Since 2016, the number of Canadians living alone has surpassed all other household sizes, accounting for 28% of the population at the time. Today, this number continues to grow as … [read more]
Canadian housing starts, led by a blazing construction pace in Ontario, accelerated to the highest level seen in 13 years in August. On a national level, starts reached 262,400 annualized … [read more]
If you are hoping to increase the value of your property, there are obviously many steps you can take to make that happen. But apart from ensuring the place is … [read more]
If 2020 has taught us anything—besides how to make a delicious batch of banana bread—it’s how to adapt. Over the past few months, we’ve learned how to turn our homes … [read more]
Real estate marketing has evolved as time goes on, incorporating new and emergent processes and technologies as they are developed. Today, as we squarely inhabit the 21st century and all … [read more]
Even with pandemic-induced shutdowns throwing a wrench into homebuilders’ project launch plans this spring, sales for new construction homes in the Vancouver region were up five percent in the first … [read more]
Becoming a landlord is one of the easiest ways to invest in real estate. If you have a little extra money, property prices in your area are low, and rent … [read more]
The Bank of Canada announced today that it would be keeping its mortgage-market influencing policy rate at the record low 0.25 percent level with no sign that it would increase … [read more]
A widely watched home price index tracking the Canadian housing market is firming up after posting weak results through June and July. The Teranet-National Bank Home Price Index recorded a … [read more]
If you’re considering selling your house, you have to think about it from a buyer’s perspective. You may walk through the rooms and be reminded of all the happy times … [read more]
Sales have rebounded and then some in housing markets across Canada this summer, defying even the best case recovery scenarios laid out by commentators in the earlier days of the … [read more]
As of September 15th, there have been 1,755 homes sold in the Vancouver region, up 73 percent from the same period in 2019 and 145 percent from 2018. The result … [read more]
Thinking about making a move? You might have added a foreclosure to your shortlist of properties to consider. As many state-wide foreclosure bans introduced during the pandemic expire this fall, … [read more]
The pandemic has dealt a historic blow to Canada’s immigration system. Data published by the Association for Canadian Studies in August found that just 34,260 permanent residents were admitted to … [read more]
The Composite index of resale home prices continued to rise in August. Indeed, 10 of the 11 markets were showing an increase in the month with the exception being a … [read more]
Whether you’re a seasoned real estate professional, or new to the industry, whether you’re using a rental as a primary form of income, or simply a passive revenue stream, property … [read more]
Well, after adjusting for seasonality, August 2020 was yet another all-time record for Canadian home sales! Together with July’s record, this summer has seen more homes trade hands via Canadian … [read more]
In August the Teranet–National Bank National Composite House Price IndexTM was up 0.6% from the previous month, a gain just short of the 22-year average of 0.7% for the month … [read more]
Getting the correct balance of nutrients in your garden soil is key to helping your vegetables, plants, and flowers thrive and grow all season long. However, your soil’s nutrients can … [read more]
Rory Clipsham is a independently owned and operated broker member of Oakwyn Realty Northwest. This is not an offer for sale. Not intended to induce breach of an existing agency agreement.
2026 Rory C Real Estate, All Rights Reserved. Contents of this website, including the photography & videos, may not be used without written consent from Rory Clipsham . Maximum effort is put towards the details but cannot guarantee, buyer to verify all details.
Comments Off on Understanding Pent-Up Demand in Real Estate