October 2022 Market Update

By: Nancy Che Personal Real Estate Corporation

October 2022 Market Update

Tags: Market Update

Inflation, rising interest rates create caution across Metro Vancouver’s housing market Home sale activity across the Metro Vancouver housing market continued to trend well below historical averages in October. The Real Estate Board of Greater Vancouver (REBGV) reports that residential home sales in the region totalled 1,903 in October 2022, a 45.5 per cent decrease from the 3,494 sales re...Read More

September 2022 Market Update

By: Nancy Che Personal Real Estate Corporation

September 2022 Market Update

Tags: Market Update

Home sellers were more active in Metro Vancouver’s housing market in September while home buyer demand remained below the region’s long-term averages.  The Real Estate Board of Greater Vancouver (REBGV) reports that residential home sales in the region totalled 1,687 in September 2022, a 46.4 per cent decrease from the 3,149 sales recorded in September 2021, and a 9.8 per cent de...Read More

By: Nancy Che Personal Real Estate Corporation

August 2022 Market Update

Tags: Market Update

Metro Vancouver’s housing market is experiencing a quieter summer season marked by reduced sale and listing activity. The Real Estate Board of Greater Vancouver (REBGV) reports that residential home sales in the region totalled 1,870 in August 2022, a 40.7 per cent decrease from the 3,152 sales recorded in August 2021, and a 0.9 per cent decrease from the 1,887 homes sold in July 2022. Las...Read More

July 2022 Market Update

By: Nancy Che Personal Real Estate Corporation

July 2022 Market Update

Tags: Market Update

Metro Vancouver’s housing market has entered a new cycle marked by quieter home buyer demand and a gradual rise in the supply of homes for sale. The Real Estate Board of Greater Vancouver (REBGV) reports that residential home sales in the region totalled 1,887 in July 2022, a 43.3 per cent decrease from the 3,326 sales recorded in July 2021, and a 22.8 per cent decrease from the 2,444 ...Read More

June 2022 Market Update

By: Nancy Che Personal Real Estate Corporation

June 2022 Market Update

Tags: Market Update

With interest rates and housing supply increasing, Metro Vancouver home buyers are operating in a changing marketplace to begin the summer season.   The Real Estate Board of Greater Vancouver (REBGV) reports that residential home sales in the region totalled 2,444 in June 2022, a 35 per cent decrease from the 3,762 sales recorded in June 2021, and a 16.2 per cent decrease from the 2,918...Read More

May 2022 Market Update

By: Nancy Che Personal Real Estate Corporation

May 2022 Market Update

Tags: Market Update

Spring ushers in calmer housing market trends in Metro Vancouver After reaching record-setting levels in 2021, home sale activity has returned to more typical seasonal levels in Metro Vancouver* this spring due, in large part, to rising interest rates. The Real Estate Board of Greater Vancouver (REBGV) reports that residential home sales in the region totalled 2,918 in May 2022, a 31.6 per cent ...Read More

April 2022 Market Update

By: Nancy Che Personal Real Estate Corporation

April 2022 Market Update

Tags: Market Update

Home buyer demand in Metro Vancouver* returned to more historically typical levels in April. The Real Estate Board of Greater Vancouver (REBGV) reports that residential home sales in the region totalled 3,232 in April 2022, a 34.1 per cent decrease from the 4,908 sales recorded in April 2021, and a 25.6 per cent decrease from the 4,344 homes sold in March 2022. Last month’s sales were 1.5 ...Read More

March 2022 Market Update

By: Nancy Che Personal Real Estate Corporation

March 2022 Market Update

Tags: Market Update

Calmer than last spring’s record pace, Metro Vancouver home buyer demand remains elevated While down from last year’s record numbers, home sale activity in Metro Vancouver’s housing market remained elevated in March. The Real Estate Board of Greater Vancouver (REBGV) reports that residential home sales in the region totalled 4,344 in March 2022, a 23.9 per cent decrease from th...Read More

Prior to Working With A Realtor, Ask Them This….

By: Nancy Che Personal Real Estate Corporation

Prior to Working With A Realtor, Ask Them This….

Tags: PRIOR TO WORKING WITH A REALTOR

        You just got an accepted offer on your home and a week later, you realize the buyers are not qualified and the sale goes bust! Could this have been avoided? Of course!  Your REALTOR® neglected to put in the time or effort to review your multiple offer situation in detail leaving you without a sale, more time sitting on the market, and less interest from b...Read More

Prior to Working With A Realtor, Ask Them This….

By: Nancy Che Personal Real Estate Corporation

Prior to Working With A Realtor, Ask Them This….

Tags: Prior to Working With a Realtor

      You just got an accepted offer on your home and a week later, you realize the buyers are not qualified and the sale goes bust! Could this have been avoided? Of course!  Your REALTOR® neglected to put in the time or effort to review your multiple offer situation in detail leaving you without a sale, more time sitting on the market, and less interest from buyer or ...Read More

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