Robotic Furniture - Making the best of a small apartment
Posted on Aug 13, 2022
Architectural firms, former researchers from MIT, and engineers formerly with Apple and Tesla are working hard...
July 2022 - Market Statistics
Posted on Aug 03, 2022 in Statistics
Our real estate market rolled into a summer lull. The number of transactions has dropped across all sub-areas (although you may have noticed from our weekly statistics that the west side of Vancouver and Richmond have seen the highest share of deals). Many buyers are still watching the market rather than pulling the trigger as the media and news ar...
June 2022 - Market Statistics
Posted on Jul 07, 2022 in Statistics
The summer season has begun and we are seeing dramatic changes in the real estate market! Over the last month, housing inventories and interest rates have both increased. Looking at our graphic above, all the arrows are pointing in the direction that are conducive to buyers:
Listing inventory is up so buyers now have many more options to choose from...
May 2022 - Market Statistics
Posted on Jun 07, 2022 in Statistics
The market continued to move at a slower pace in May while housing inventory increased. Many buyers are choosing to wait on the sidelines in hopes that the market will ease off further. While this might be a reasonable approach, it is hard to predict market sentiment. This more "balanced" market does provide a welcome relief and an opportunity for...
April 2022 - Market Statistics
Posted on May 09, 2022 in Statistics
The month of April was a turning point for many buyers. April brought the expected increase in interest rates, the government bringing in the proposed 2022 budget that introduced a 2-year ban on foreign buyers and an anti-flipping tax, and continuously increasing inflation that has skyrocketed the cost of building new homes.
April statistics show a...
April statistics show a...
March 2022 - Market Statistics
Posted on Apr 08, 2022 in Statistics
We saw a significant increase in new listings on the market in March and some sectors showed signs of a slowing down or, rather, normalizing. It will be interesting to see what the anticipated "cooling-off" period will look like and how it will affect the market. We will be sending more information about it in a separate newsletter.
REBGV: CALMER TH...