After reviewing home sales affected by several Bank of Canada rate cuts, GVR economist, Andrew Lis, indicates things might be changing. (2 minute read)
Metro Vancouver home sales registered a strong finish to cap off 2024, signalling strengthening demand-side momentum as we move into the new year. (2:44 minute video)
Home sales rose 28 percent year-over-year in November, building on the momentum of the 30 percent year-over-year increase in October. (2:25 minute video)
Conditions in January began shifting back in favour of sellers as the pace of newly listed properties didn't keep up with home sales. (2:33 minute video)
Housing market ends 2023 with a balanced market, but totals mask surprising resilience despite highest borrowing costs in over a decade. (2:27 minute video)
Higher borrowing costs begin to affect the housing market, with price gains cooling and sales slowing along the typical seasonal pattern. (2:25 minute video)
With listing activity remaining below historical norms, home sales in Metro Vancouver have mounted a surprising comeback. (1 minute read, 2:14 minute video)
Sure signs that fall is coming are shorter days and the start of school. Fall also means it’s time to begin preparing our homes for oncoming cooler weather.
Spring is a time of renewal for both you and your home. As you emerge from your winter cocoon, you’ll want to start the spring repairs and updates your home requires.
Home sale activity in Metro Vancouver remained above historical averages in October while the overall supply of homes for sale dipped to levels not seen in three years.
Strata corporations, strata owners, residents and strata council members can access online services through the BC Civil Resolution Tribunal to resolve solve disputes.
In a busy real estate market, homes are bought and sold at a faster pace than usual. This can create a sense of urgency that causes home prices to rise.
Natural disasters can strike at any time. Earthquakes, floods, and fires can spring up quickly and endanger homes and businesses. What can you do to prepare?
Metro Vancouver’s housing market saw steady home buyer demand to begin March and a levelling off of activity as the month went on as concerns about COVID-19 intensified.
Home buyer demand increased in January compared to this time last year while the supply of homes listed declined below historical averages in Metro Vancouver.
The MLS® HPI is a measure of real estate prices that provides a clearer picture of market trends over traditional tools such as mean or median average prices.