Market Update 2018.01

January 28th, 2018
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After reaching record levels in 2015 and 2016, Metro Vancouver home sales returned to more historically normal levels in 2017. Sales in December, however, still showed and increase of 17.6% over December 2016.

Last year’s sales total was 9.7% above the 10-year sales average and last year’s listings total was 4.4% below the 10-year listings average.

The benchmark price for a detached home in ...

Lend a Hand Up, Not a Hand Out

August 23rd, 2017

I have been accepted on a Habitat Global Village Build in Yogyakarta, Indonesia. This is not about beaches and sunsets; I am getting my hands dirty building rather than selling homes. Tax deductible donations help pay for materials and local working wages. A little help means a lot. Thanks everyone.

Spring Market Update

May 17th, 2017
Screenshot 2017-05-03 16.46.44.jpg

Condos & Townhomes in High Demand,

Houses Still Strong

“Our overall market is operating below the record-setting pace from a year ago and is in line with historical spring levels. It’s a different story in our condominium and townhome markets," Jill Oudil, Real Estate Board of Greater Vancouver (REBGV) president said. “Demand has been increasing for months and supply is no ...

Fall Market Update

September 7th, 2016

Getting Back to Balance

Everyone needs balance in their life I think we can agree. After a record breaking high in February-March 2016 the market already showed signs of moving towards a more balanced market. Announce a 15% foreign buyer tax and the usual summer lull turns into a media frenzy.  However, this truly isn't the end of the world. It doesn't mean 15% off all Vancouver real estate. T ...

Vancouver's Hot Summer Real Estate Market

September 4th, 2013
An amazing thing happened this summer. July and August are typically a little quieter given the number of people on summer vacation. However, the hot summer weather also brought on a hot summer real estate market.

Sales of detached properties, for the month of August were up to 69% from August 2012. A 3.1% increase from the number of units sold in August 2011.

Sales of attached properties incre ...

How to Take Advantage of Today's Market?

September 24th, 2012
Now, we understand that bad news sells better than good news but lately the number of stories published by various media publications are simply misleading.  The fear that the media loves to sell freezes most people in their tracks unfortunately.

The challenge is convincing buyers and sellers to act. The best time to buy is when nobody else will. When all of your advisors, friends, and f ...

Market Perspective

September 5th, 2012
Back to school, back to work for most Vancouvites started Tuesday morning bright and early.  If the weather holds there may be a few extra sick days being logged. Some lucky ones will be getting an extra few days of summer while we gear up for a busy Fall market after what has been the usual summer lull.

Media experts have grabbed a few keywords from the monthly Press Release and, as usual, ma ...

Metro Vancouver Property Assessments See Wide Variation in 2012

January 16th, 2012

<Written by Brian Morton, The Vancouver Sun>

METRO VANCOUVER - North Vancouver home prices up. Lions Bay and Squamish prices down.

Vancouver, West Vancouver way up. Whistler way down.

When Metro Vancouver and regional property owners receive their 2012 assessment notices in the mail over the next few days, they'll see a wide variation in values by region, city and neighbourhood.

The ...