Which City Is Leading Markets?
August Real Estate Highlights 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 […]
Lack of Listings?
August Update The challenge for buyers continues to be the lack of homes for purchase. With competing offers still occurring, its keeping sale prices for many properties at or above the list price. But keep in mind there are still opportunities for those that look closely and have an experienced real estate agent that understand […]
July Highlights
July 2023 Highlights 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 summer sales slump There are now 16,400 properties for sale in Greater Vancouver Vancouver density plan offers higher taxes for owners This is an opportunity to […]
Changing Rates
After peaking in May, sales have declined month by month since buyers have now faced two straight increases in the Bank of Canada rate. Greater Vancouver’s total sales in July, at 2,455, were down from 2,988 in June to the lowest level since March. In the Fraser Valley, July sales fell nearly 30% from June […]
Mid Year 2023 Real Estate report
Mid-Year 2023 Report Highlights Overall housing sales were 194% higher in June compared to January Composite home benchmark price is up 8% from the start of the year Record high prices are being seen in suburban markets Investors pile in as condo prices are nearing record highs Vancouver’s benchmark home price is now higher than […]
Change in the Air
June 2023 A slight change in airflow means even more precise action required. Buyers and sellers must be extremely strategic on both sides of any transaction! I’m always here and love to run to open the next door for you! To learn more, please contact me. I’m always happy to help you navigate this ever […]
Sold in One Week
This amazing property was sold in one week over asking. This market is still competitive with multiple offers being presented on many properties. Whether you are buying or selling – you need an experienced real estate agent that understands this market. If you are interested in buying or selling real estate in Vancouver and the […]
All About Timing
May mid month Market report! As the market continues to build strength and resilience the atmosphere is buzzing as also so is the rush for product as supply is still limited which is creating multiple offers all over the Greater Vancouver market. Please reach out to me to get advice on getting the timing right […]
Buyers Roar Back
Helping direct you into a safe landing is what I do! Your rewards will follow! With markets heating up it is important as usual to buy into a new market rather than an established one. By that I mean- why wait till prices have set a new precedent- act now and get ahead of this! […]
