November 6th, 2019
“Home buyers have more confidence today than we saw in the first half of the year,” says Ashley Smith, REBGV president. “With prices edging down over the last year and interest rates remaining low, hopeful home buyers are becoming more active this fall.” [read more]
October 2nd, 2019
“We’re seeing more balanced housing market conditions over the last three months compared to what we saw at this time last year,” Ashley Smith, REBGV president said. “Home buyers are more willing to make offers today, particularly in the townhome and apartment markets.” [read more]
September 4th, 2019
Metro Vancouver housing market sees summer uptick in sales. Home buyer activity increased to more typical levels in Metro Vancouver* throughout the summer months. The Real Estate Board of Greater … [read more]
August 7th, 2019
“While home sale activity remains below long-term averages, we saw an increase in sales in July compared to the less active spring we experienced,” Ashley Smith, REBGV president said. [read more]
June 6th, 2019
North Vancouver detached market was a sellers’ market in May. Opens picked up for the late blooming Spring market, the sales ratio is up, inventory is moving and there were even a few sales slightly above asking. On average, most homes are selling for nearly [read more]
May 6th, 2019
Could things be turning around for the real estate market? We think so and here’s why. Low interest rates, low unemployment, strong economy, stronger sales and banks get creative with lending products. [read more]
April 4th, 2019
Policy regulators not economics have slowed the market. B20 Stress Test has had a strong impact on mortgage qualifications. BC labour market is strong. Interest rates down 3 points since 2018 and forecast to go lower in 2nd and 3rd quarter. [read more]
March 4th, 2019
Correction to continue or is it business as usual for spring? Higher interest rates, a heftier foreign-homebuyer tax, and tougher mortgage rules are all [read more]
February 8th, 2019
Fact or fiction? Only time will tell. From the MLA Canada press release regarding their annual Market Intel real estate report, “2017 was an unsustainable and rapid market, not likely … [read more]
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