Average asking price for a one bedroom condo down $14K in downtown Vancouver
Posted on May 30, 2018 in What's New
Vancouver downtown condo's selling on average at list price in March
Posted on Apr 05, 2018 in What's New
Vancouver’s downtown condo and townhouse real estate market in March continues its cooling trend but remains a Seller’s market especially for the least expensive homes. The West End was the strongest neighbourhood, followed by the Downtown area, Yaletown, and then finally Coal Harbour.
The overall list to sales ratio* for downtown was 47%, down fro...
The overall list to sales ratio* for downtown was 47%, down fro...
Market Speed Indicator Update for Downtown and Metro Vancouver
Posted on Mar 15, 2018 in What's New
Have questions about Vancouver downtown condo's, the Metro Vancouver real estate market, or this report? Contact us here. We're happy to create a more detailed report specific to your neighbourhood.
Housing demand to slow in British Columbia in 2018 but prices still set to rise.
Posted on Mar 12, 2018 in What's New
The British Columbia Real Estate Association (BCREA) has come out with their first quarterly release and anticipates a slow down in demand for 2018 and 2019. Here is a brief summary:
Home Sales
Multiple Listing Service® (MLS®) residential sales in the province are forecast to decline 8.6 per cent in 2018. A further decline from 2017 and 2016, but 201...
Condo supply continues to be unable to meet home buyer demand in February
Posted on Mar 06, 2018 in What's New
Metro Vancouver* home sales dipped below the long-term historical average in February.
The Real Estate Board of Greater Vancouver (REBGV) reports that residential property sales in the region totalled 2,207 in February 2018, a nine per cent decrease from the 2,424 sales recorded in February 2017, and a 21.4 per cent increase compared to January 2018...
The Real Estate Board of Greater Vancouver (REBGV) reports that residential property sales in the region totalled 2,207 in February 2018, a nine per cent decrease from the 2,424 sales recorded in February 2017, and a 21.4 per cent increase compared to January 2018...
The BC government takes new steps to tackle speculation and lack of affordable housing.
Posted on Feb 21, 2018 in What's New
The government of British Columbia has taken bold new steps in an attempt to tackle housing affordability and speculation crisis.Here’s an overview of the main points:
Speculation Tax
- A speculation tax aimed will now be applied on residential properties for foreign and domestic homeowners who don’t pay income tax in BC.
- The taxable amount will be $5 p...