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 …
Home prices are virtually unchanged in the past year Total sales in Greater Vancouver are up nearly 30% from July 2022 Wily buyers take advantage of a summer sales slump There are now 16,400 properties for sale across Metro Vancouver Vancouver density plan invites higher taxes for owners On July 25 the City of Vancouver …
May average home price $200,000 higher than in January May home sales-to-listing ratio a sizzling 59% Total sales the highest this year and higher than in May 2022 Surrey detached new listings were up 53% from April 2023 Overall higher listings may point to a price plateau this summer After five months that defied most …
We are now in a seller’s market across Greater Vancouver Multiple offers are being seen as buyers roar back Buyers must brace for higher new home prices in ‘24 Greater Vancouver sales are up 166% since the start of the year Fraser Valley detached house prices are up $60,000 since January As much of Canada …
Benchmark prices are 22% higher than three years ago Greater Vancouver sales are up 146% from January 2023 Greater Vancouver Benchmark detached-house price rise $60,000+ this year First-time homebuyer incentive starts April 1 Five-year fixed mortgages are now the lowest-rate option Fraser Valley home sales soared 72% in a month March came in like a …
Prices increased month-over-month for the first time since May 2022 Housing sales are up 77% from January; new listings are up just 5%. Multiple offers are being seen on Westside detached houses. Top townhouse market: New Westminster. Undersupplied North Vancouver is now a seller’s market. The last three years have been an anomaly for housing …
2023: the year to get in position for the recovery January 2023 signalled early that it would end with what the Real Estate Board of Greater Vancouver says is “among the lowest sales month in recent history.” As of mid-month, total transactions had reached just 334 properties, well below the 795 in mid-December 2022 or …
A year ends with a flourish and a new year begins with confidence. We will all remember the 2022 housing market as one of the most volatile that Metro Vancouver has ever seen, rising to unprecedented highs early in the year only to fall to a near 40-year low by December. Along the way the …
It’s Deja-vu as November sales mirror 2018 As Peter (Yogi) Berra famously said, “It’s Deja-vu all over again” but in this case it is in comparing Metro Vancouver’s housing market in November 2018 and what we are experiencing today. 2018, after all, was also a down market and that November’s housing sales across Greater Vancouver …
Positive signs emerge as buyers’ market strengthens Highlights of the October report Lowest benchmark home price: New Westminster at $809,800 Highest number of Greater Vancouver sales since June 2022 Benchmark home price is down 9.2% from six months ago North Vancouver average home prices up 8.5% from September West Side detached house sales highest in …