Be in the know in 2020!  Downtown condo & real estate blog

Airline industries will need to adapt to survive.  Here's how it might look.

Posted on Jun 08, 2020

Few industries have been hit as hard as the airline industry since COVID 19 spread across the globe. With social distancing and a fear of germs perhaps a part of the new world normal how can it survive? This video shares some insights into current ingenuity and possible predictions on what it might take to for the airline industry to have a future...

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Downtown condo sales & prices rise in May despite COVID 19 lockdown

Posted on Jun 02, 2020

The month of May resulted in an increase in sales and benchmark prices in Vancouver’s downtown condo and townhouse real estate market despite the COVID 19 lockdown being in place for two consecutive months. In May the inventory downtown increased by 13%, sales increased by 27%, and sale prices rose by 2% when compared to April.

Current trends have...

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Downtown condo & townhome inventory declines for 9th month straight

Posted on May 11, 2020

The number of condos and townhomes for sale in Downtown Vancouver continued to decrease in April for what is now the 9th consecutive month. Inventory had begun to accumulate after the introduction of the new provincial and federal housing and mortgage regulations in 2018 and looks to have reached peak levels last summer. This trend of decreasing in...

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Condo & townhouse sales plummet in April but prices hold as inventory remains low

Posted on May 04, 2020

Vancouver’s downtown condo and townhouse real estate market in April saw sales plummet as people continue to social distance due to the COVID 19 crisis. In April the inventory downtown decreased by 6%, sales decreased by 56%, and sale prices dropped minimally by 1% when compared to March. 

vancouver downtown condo real estate

Current trends have the downtown, West End, and Yaletown neig...

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March condos sales started strong downtown but COVID 19 fizzles momentum

Posted on Apr 02, 2020

Vancouver’s downtown condo and townhouse real estate market in March started with strong sales activity but as with most markets has been greatly impacted by the COVID 19 crisis in recent weeks resulting in reduced business and sales. 

Looking at March’s numbers the downtown market experienced a slight 1% increase in benchmark sale prices, inventory...

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Downtown condo sales in February at levels similar to spring high's of 2019.

Posted on Mar 13, 2020

Downtown condo sales are on the rise since December as it typical but still nowhere near the levels seen prior to 2018. February registered 62 sales, just slightly better than the high of last spring which was in May 2019 which had 60. Sales peaked in 2019 in October with 83 sales. With Cornovirus now troubling the financial markets, there is uncer...

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