Realty Thoughts

Market Statistics - October 2017

Posted on Nov 07, 2017



Wow! What a beautiful time of the year to be in Vancouver! The mountains had their first dusting of snow and the autumn leaves are extraordinarily vivid this season LINK to Global News. 

Prices are dropping in the single-family home segment in most areas of the Lower Mainland, albeit by a very small margin. Down-sizers, in particular, are being affec...

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Market Statistics - September 2017

Posted on Oct 03, 2017


October has arrived with blue skies and the expected morning chill. That same chilling effect has to the single family home market in all areas of the Lower Mainland. In contrast, most of the attached properties are still receiving multiple offers which may be due to buyers trying to take advantage of their pre-approved mortgage rates prior to thei...

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Market Statistics - February 2017

Posted on Mar 03, 2017



The month of February has seen a turn-around in the multi-month price drops for single-family homes in many areas of the Lower Mainland. Whether it will continue remains to be seen, but anyone that purchased a house here in the last couple of years is probably taking an optimistic sigh of relief.

For Metro Vancouver, February had sales about 8 perc...

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Market Statistics - January 2017

Posted on Feb 05, 2017



With Punxsutawney Phil predicting 6 more weeks of winter, I hope everyone with a driveway or walkway appreciates how much the snow shoveling is improving their cardiovascular health. 

Happy Chinese New Year! The Year of the Fire Rooster has begun.

January 2017's real estate market has started with more of a whimper than a bang with sales well below t...

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Market Statistics - December 2016

Posted on Jan 03, 2017

 


Happy New Year!

We hope everyone had a happy and harmonious holiday season to end off 2016!

Let's all take a deep breath as one of the most tumultuous years in Metro Vancouver real estate is finally over!
Government intervention (or some would say, meddling) resulted in hundreds of millions of dollars in lawsuits, some cheers, and some jeers from buye...

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Market Statistics - October 2016

Posted on Nov 03, 2016

 

It's becoming more apparent that the malaise that has hit the single-family housing market is going to affect the market for at least a few months. Condo sales have still been pretty brisk, with some going in multiple offers. Generally, the buyers are taking a little more time to evaluate a property and aren't as driven by the "fear of missing out...

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