Market Update

BC Assessment VS. Fair Market Value + December Market Update

Posted on Jan 10, 2020 in Market Update



Home sales decline below long-term averages in 2019 despite increased demand to end the year

SALES: 

2019 VS. 2018
The Real Estate Board of Greater Vancouver (REBGV) reports that sales of detached, attached and apartment homes reached 25,351 in 2019, a 3% increase from the 24,619 sales recorded in 2018, and a 29.6% decrease over the 35,993 residenti...

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November Update + Limited Time Gift

Posted on Dec 06, 2019 in Market Update





Metro Vancouver home sales returned to the historically typical level. After a quieter first half of 2019, home buyer activity has returned to more historically typical levels in Metro Vancouver.


SALES:

2019 VS. 2018
The Real Estate Board of Greater Vancouver (REBGV) reports that residential home sales in the region totaled 2,498 in November 2019, a...

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March Real Estate Market Update!

Posted on Apr 09, 2019 in Market Update



The Real Estate market is showing positive movement in Greater Vancouver, and specially in North Vancouver. If you are looking to move or upsize and have been hunting for a great deal, now is the best time to lock down your dream home at an affordable price! 
Also, make sure to watch the brief and informative video below:
 

I have also put together a...

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January 2019 Stats Update + Buyer's Guide

Posted on Feb 20, 2019 in Market Update



I have explained and interpreted January 2019's Real Estate material below in the video above. Please go ahead and watch it and let me know if you have any questions or inquiries! Hope you enjoy and learn from it!


Buyer's Guide:




Sales:




Sales-to-Active-Listings Ratio:




Newly Listed Homes for Sale:




MLS Home Price Index:

This measure represents the benchmark...

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Stats Update of Year 2018 + Dec 2018 

Posted on Jan 04, 2019 in Market Update



Metro Vancouver home sales in 2018 were the lowest annual total in the region since 2000. Last year’s sales total was 25% below the region’s 10-year sales average. The most important factors that contributed to the market conditions we saw in 2018 include: high home prices, rising interest rates, new mortgage requirements and taxes. 


I have gathered...

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