Home Buyer Demand Continues to Strengthen In November VANCOUVER, BC – December 3, 2024 – Home sales registered in the MLS® in the Metro Vancouver1 market rose 28 percent year-over-year in November, building on the momentum of the 30 percent year-over-year increase seen in October. “When we saw demand pick up in October, there was…
Buyers Demand Surges in October ANCOUVER, BC – November 4, 2024 – After months of tracking approximately twenty per cent below the ten-year seasonal average, Metro Vancouver1 home sales surged more than 30 per cent year-over-year in October. “Typically, reductions to mortgage rates boost demand, and the strong October sales numbers suggest buyers may finally…
Sellers await buyers’ return after quieter summer market VANCOUVER, BC – October 2, 2024 – Home sales registered on the MLS® in Metro Vancouver1 declined 3.8 per cent year over year in September, suggesting recent reductions in borrowing costs (interest rates) are having a limited effect in spurring demand so far. “Real estate watchers have…
Sellers await buyers’ return after quieter summer market VANCOUVER, BC – September 4, 2024 – Home sales registered on the MLS® in Metro Vancouver1 remained below their ten-year seasonal averages in August as summer holidays come to a close. “From a seasonal perspective, August is typically a slower month for sales than June or July….
Real Estate Matters – July 2024 Hello! What does the new rental rules mean to you? For those not familiar with the most recent announcement, please see this link – Website launched to protect renters from bad-faith evictions | BC Gov News The most impactful points to consider for landlords or potential landlords are: – New portal…
Real Estate Matters – April 2024 Hello! Spring market is here! But is it what we expected? The market is still quite balanced, meaning that well presented properties sell quick, but most do take a bit of time. In this month’s video above, I talk about what Sellers and Buyers should prioritize when trying to…
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