Realty Thoughts

Market Statistics - February 2021

Posted on Mar 06, 2021 in Statistics


Last month’s sales were 42.8 percent above the 10-year February sales average.

"Metro Vancouver’s housing market is experiencing seller’s market conditions. The supply of listings for sale isn’t keeping up with the demand we’re seeing. Competition amongst home buyers is causin...

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Market Statistics - December 2020

Posted on Jan 05, 2021 in Statistics


Well, that "H E double hockey sticks" year is finally over! The last month of 2020 managed to cap off a roller coaster of a year with a record number of sales. Low-interest rates are fueling a rush into real estate that we haven't seen for years. As we mentioned last month, townhouses and single-family homes are the primary beneficiaries of this sa...

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Market Statistics - November 2020

Posted on Dec 14, 2020 in Statistics


November 2020 exceeded everyone's expectations with sales at record or near-record levels in the townhouse and single-family home markets. We're seeing some desperation again for buyers in this present market who have lost out on many multiple offers. It is an especially difficult situation for those with a fixed completion date because of the sale...

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Market Statistics - October 2020

Posted on Nov 05, 2020 in Statistics


October kept the momentum of the last 3 or 4 months going with the number of sales close to record levels. A reducing number of available listings may have even blunted the potential for higher levels. November has been much more sedate in contrast with sales trending at about 50% of an equivalent period in October. We'll have to see if this contin...

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Market Statistics -  September 2020

Posted on Oct 06, 2020 in Statistics


September was a very busy month in real estate in almost all areas. Even the smoke from the fires south of the border couldn't keep the buyers away. Check out the pictures of homes that were listed around the middle of September and there is no blue sky to be seen. I feel bad for those sellers that normally have amazing views from their homes only...

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