Greater Vancouver real estate market is seeing a big return from buyers. Real Estate Board of Greater Vancouver (REBGV) numbers show sales surged in November. Higher sales were accompanied by less inventory, helping to bring prices up for a second month. Despite the 2 months of rising, annual price growth remains negative. Although the gap […]
Greater Vancouver new home sales have been softer than last year, but inventory is drying up. Data from MLA Canada, a Vancouver based real estate firm, shows new project launches made a big decline in October. Falling new unit launches, follows soft sales leading up to last month. In response, developers have been delaying and […]
Vancouver real estate prices are sky high, but they have been coming down. Statistics Canada (Stat Can) updated its new Residential property price index for Q3 2019. The index shows prices made a big climb from two years ago. However, prices are now falling very quickly, especially in the condo apartment segment. Vancouver New Home […]
Greater Vancouver pre-sale real estate buyers are returning. MLA Canada data shows a large increase in sales for September. Rising sales commitments were also met with more inventory though. The net impact is weaker inventory absorption than last year, but a lot more choices for buyers. Greater Vancouver Pre-Sale Inventory Rises 42% Greater Vancouver saw […]
The Greater Vancouver condo market is seeing the return of buyers. Real Estate Board of Greater Vancouver (REBGV) data shows a big jump in sales for September. Despite the increase in sales, rising inventory helped to push prices even lower. Greater Vancouver Condo Prices Drop Over 6% Greater Vancouver condo apartment prices are still falling, […]
Greater Vancouver real estate sales have made a massive jump from last year, but it’s not nearly enough. Real Estate Board of Greater Vancouver (REBGV) numbers show sales climbed over 40% in September. The massive increase in sales volume wasn’t enough to stop prices from falling. In the City of Vancouver, prices are back to […]
Greater Vancouver is seeing new home release absorption improve, but the market is still slow. MLA Canada numbers show pre-sale absorption hit a high for 2019, this past August. The catch is absorption received a boost due to a number of project delays, due to slow sales. Greater Vancouver New Home Inventory Falls Over 75% […]
The Greater Vancouver condo market is seeing some improvements, but not many. Real Estate Board of Greater Vancouver (REBGV) data shows the price of a condo apartment fell in August. The declines are getting smaller though, as sales and inventory find a better mix. Greater Vancouver Condo Prices Are At Down To 2017 Levels The […]
Greater Vancouver’s detached real estate market is seeing improvements, just not in prices right now. Real Estate Board of Greater Vancouver (REBGV) data shows prices are still falling in August. The decline in prices came, even though sales made a double digit surge and inventory fell. Greater Vancouver Detached Real Estate Prices Fall Further Greater […]
Greater Vancouver real estate is improving, but it’s not even close to normal yet. Real Estate Board of Greater Vancouver (REBGV) numbers show a big climb in sales in August. The rise in sales was met with a jump in inventory though, offsetting most of the improvement. The region continued to see falling prices, with […]
