August 2019 Market Update

By: Nancy Che Personal Real Estate Corporation

August 2019 Market Update

Tags: Market Update

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 Vancouver (REBGV) reports that residential home sales in the region totalled 2,231 in August 2019, a 15.7 per cent increase from the 1,929 sales recorded in August 2018, and a 12.7 per cent decrease from ...Read More

July 2019 Market Update

By: Nancy Che Personal Real Estate Corporation

July 2019 Market Update

Tags: Market Update

Home sales increase in July Home buyer demand picked up across Metro Vancouver* last month, making July, a traditionally quieter month in real estate, the second highest selling month so far this year. The Real Estate Board of Greater Vancouver (REBGV) reports that residential home sales in the region totalled 2,557 in July 2019, a 23.5 per cent increase from the 2,070 sales recorded in July 201...Read More

June 2019 Market Update

By: Nancy Che Personal Real Estate Corporation

June 2019 Market Update

Tags: Market Update

Housing supply up, home sales and prices down in June With home buyer demand below long-term historical averages in June, the supply of homes for sale continued to accumulate in Metro Vancouver*. The Real Estate Board of Greater Vancouver (REBGV) reports that residential home sales in the region totalled 2,077 in June 2019, a 14.4 per cent decrease from the 2,425 sales recorded in June 2018 and ...Read More

May Market Update

By: Nancy Che Personal Real Estate Corporation

May Market Update

Tags: Market Update

Monthly *Metro Vancouver1 home sales eclipsed 2,000 for the first time this year in May, although home buyer demand remains below historical averages. The Real Estate Board of Greater Vancouver (REBGV) reports that residential home sales in the region totalled 2,638 in May 2019, a 6.9 per cent decrease from the 2,833 sales recorded in May 2018, and a 44.2 per cent increase from the 1,829 hom...Read More

April Market Update

By: Nancy Che Personal Real Estate Corporation

April Market Update

Tags: Market Update

Reduced demand and increased supply remain the trend across Metro Vancouver’s housing market Decreased demand continues to allow the supply of homes for sale to accumulate across the Metro Vancouver housing market. The Real Estate Board of Greater Vancouver (REBGV) reports that residential home sales in the region totalled 1,829 in April 2019, a 29.1 per cent decrease from the 2,579 sales ...Read More

Federal Budget 2019

By: Nancy Che

Federal Budget 2019

Tags: Real Estate Trends

For more information you can go to the Government of Canada website #yourbudget2019 CLICK HERE 1. Effective Immediately RSP maximum withdrawals increase to $35,000 - an increase of $10,000 from before. 2. New Shared Equity program with Canada Mortgage and Housing Corporation (CMHC) $1.25 billion has been earmarked over 3 years to provide 5% of the cost of an existing home (resale) and 10% of the...Read More

March 2019 Market Update

By: Nancy Che

March 2019 Market Update

Tags: Market Update

Prospective home buyers remain on the sidelines in March Metro Vancouver home sales dipped to the lowest levels seen in March in more than three decades. The Real Estate Board of Greater Vancouver (REBGV) reports that residential home sales in the region totalled 1,727 in March 2019, a 31.4 per cent decrease from the 2,517 sales recorded in March 2018, and a 16.4 per cent increase from the 1,484...Read More

Feb 2019 Market Update

By: Nancy Che

Feb 2019 Market Update

Tags: Market Update

Housing market conditions continue to favour home buyers The Metro Vancouver housing market saw increased supply from home sellers and below average demand from home buyers in February. The Real Estate Board of Greater Vancouver (REBGV) reports that residential home sales in the region totalled 1,484 in February 2019, a 32.8 per cent decrease from the 2,207 sales recorded in February 2018, and a...Read More

January 2019 Market Update

By: Nancy Che

January 2019 Market Update

Tags: Market Update

Home listings increase while buyers remain in holding pattern Home listings continue to increase across all housing categories in the Metro Vancouver housing market while home buyer activity remains below historical averages. The Real Estate Board of Greater Vancouver (REBGV) reports that residential home sales in the region totalled 1,103 in January 2019, a 39.3 per cent decrease from the 1,818 ...Read More

Metro Vancouver home sales decline below historical averages in 2018

By: Nancy Che

Metro Vancouver home sales decline below historical averages in 2018

Tags: Market Update

Metro Vancouver home sales in 2018 were the lowest annual total in the region since 2000. The Real Estate Board of Greater Vancouver (REBGV) reports that sales of detached, attached and apartment properties reached 24,619 on the Multiple Listing Service® (MLS®) in 2018, a 31.6 per cent decrease from the 35,993 sales recorded in 2017, and a 38.4 per cent decrease compared to the 39,943 res...Read More

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