Realty Thoughts

Market Statistics  -  June 2019

Posted on Jul 08, 2019 in Statistics


I hope you are enjoying the mostly mild summer weather and have a chance to relax a little since we all stopped working for the Tax Man by Tax Freedom Day. Yay!

You'll notice that we are starting to include the Vancouver Island Real Estate Board statistics as many of our clients have moved across the water.

We've just come through the first week of J...

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Market Statistics  -  May 2019

Posted on Jun 20, 2019 in Statistics

Firstly, I want to apologize that this email is so late. The person at the Board that produces the pretty statistic reports for the different areas in the REBGV must have been on vacation. :^) We usually get access to them at the end of the first week of the month but this month they were delayed for another week. You will find links to those repor...

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Market Statistics - April 2019

Posted on May 06, 2019 in Statistics

We're now into May of 2019 and, although sales are up since last month by about 6% in Greater Vancouver and just over 13% in the Fraser Valley, both areas are reporting sales well below their 10 year sales average.

In regards to sales, the REBGV reported 1829 sales (1727 last month) whereas the Fraser Valley Board reported 1383 sales (1221 last mont...

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Market Statistics - March 2019

Posted on Apr 08, 2019 in Statistics

We're into the fourth month of 2019 already and sales are continuing to sag compared to the 10 year average. The past month's sales for the Metro Vancouver region haven't been this low since 1986. Is it significant that that year was Expo '86 in Vancouver?
In regards to sales, the REBGV reported 1727 sales (1484 last month) whereas the Fraser Valle...

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To Stage or Not to Stage

Posted on Apr 05, 2019 in Selling

Sellers want to get the highest value for their property with the least amount of effort put into the preparation. It is completely understandable and I can relate :). However, to sell your property in an optimal amount of time and to get maximum dollars, your property needs to show well and be well priced. You have to wow those Buyers on both fron...

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Market Statistics - February 2019

Posted on Mar 08, 2019 in Statistics

We're into the third month of 2019 already and the number of transactions continue to be rather subdued compared to the 10 year average.
The number of sales for the REBGV are 42.5% below the 10-year February sales average which indicates that buyers are maintaining the wait-and-see attitude of the last few months.
The REBGV reported 1484 sales (1103...

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