5% fewer homes sold in Greater Vancouver compared to March 2023 15% more homes were listed for sale compared to March 2023 Spring Break turned into a real estate break Burnaby North sees a surge in new condo listings Spring break took some of the life out of the real estate market this year, especially …
Let there be listings Buyers continue to show up! Number of sales in Greater Vancouver were up 45% from January Sellers starting to show up, the number of new listings were up 20% from January Bank of Canada continues the holding pattern on its rate – fixed rates declining Sales in West Vancouver up 143% …
Jump Start to the Real Estate Market Buyers are back! Sales in Greater Vancouver were up 39% from January 2023 Vancouver detached listings are at the lowest level since December 2015 The number of new listings were only up 15% from January 2023 When will the Bank of Canada cut its rate? The total number …
The Roller Coaster Ride Called Real Estate Prices in Greater Vancouver were up 5% in 2023 Vancouver West Side detached prices showed an increase of 11.4% in 2023 Total number of New Listings were the lowest since 2001 Let the interest rate decreases begin The Buying signal is now It would seem interest rates and …
REBGV recently published an article with a list of 16 grants and rebates for homebuyers and owners. Here is a link to that information which could be very helpful to buyers and homeowners. https://www.rebgv.org/content/rebgv-org/news-archive/16-grants-rebates-homebuyers-and-owners.html 1. Home Buyers’ Plan Qualifying home buyers can withdraw up to $35,000 (couples up to $70,000) from their RRSPs for a down …
Highlights of Dexter’s November 2023 report New Westminster’s average price is the lowest in the region Interest rates are coming down… soon. 2023 will have the lowest annual number of new listings since 2002 West Vancouver House Price Index down 3.7% month-over-month BC NDP quickly pass a number of bills to boost supply and curb …
Median prices reveal where deals are emerging • Economists now predict interest rates will fall by 2.5%• Median home prices are down this year in virtually every Metro market • Priciest detached markets lead the sales curve in Metro Vancouver • Province mandates 2-4 housing units on every detached house lot • Buyer’s market conditions now dominate suburban …
The waiting game continues but some sellers are becoming impatient. The waiting game in the Metro Vancouver housing market continues but more sellers are joining in and some are becoming impatient. One month a trend does not make. But we certainly saw more listings come on the market in Metro Vancouver in September – more …
Here are the highlights of the September 2023 Metro Vancouver Rent Report released by rental listing site liv.rent: Coinciding with the busy back-to-school season and continued high demand for rental housing throughout B.C.’s Lower Mainland region, Metro Vancouver’s rent prices have seen another average increase this month. The Bank of Canada also announced on September …
Bank of Canada holds prime rate at 5% but keeps door open to further hikes Median price of a West Side detached house up $1 million in past year Total new listings have been falling, month-over-month, since May East Vancouver is leading all markets in detached house sales South Delta detached houses are moving to …