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 […]
Greater Vancouver real estate developers are launching less units – a lot less. MLA Canada numbers show July saw the fewest new pre-sale units launched in years. Developers have been delaying new releases in response to weak absorption. Fewer launches did help to firm up the absorption ratio, but even with the “firming” sales came […]
Greater Vancouver condo sales are up, but prices fell even further last month. Real Estate Board of Greater Vancouver (REBGV) numbers show a big jump in sales in July. However, the double digit jump in volume wasn’t quite enough to bring prices higher. The price of a typical condo continued to slide, falling to a […]
Vancouver’s detached real estate market made improvements, but it isn’t back to normal. Real Estate Board of Greater Vancouver (REBGV) numbers show sales made a huge climb in July. However, the double digit rise in sales still fell short of typical volumes for the month. As a result, the price of a typical detached home […]
More people are jumping back into the Greater Vancouver real estate market. Real Estate Board of Greater Vancouver (REBGV) sales made a huge annual increase in July. The increase still fell short of typical volumes for the month, helping to send prices even lower. Greater Vancouver Real Estate Prices Are Still Falling Greater Vancouver real […]
Greater Vancouver’s new home sales are slowing faster than anyone could have expected. Numbers from MLA Canada, a notable real estate advisory firm, show sales dropped in June. Absorption of new projects is now at a level so low, it’s expected to delay the launch of many new projects. Real Estate Developers Launched The Fewest […]
Vancouver real estate is hella expensive, but it’s become ridiculous in recent years. Canadian Centre for Policy Alternatives (CCPA) crunched the numbers to find the wage needed to rent in Greater Vancouver. Breaking down the numbers further, we see how unsustainable the region has become. The average one-bedroom is now unaffordable to over half of […]
Greater Vancouver’s detached real estate market slipped a little lower last month. Real Estate Board of Greater Vancouver (REBGV) numbers show prices dropped in June. Prices for the market dropped as inventory made a small decline, and sales had the worst June in almost 30 years. Greater Vancouver Detached Real Estate Prices Are Down Over […]
Vancouver real estate’s rough patch became a little more bumpy last month. Real Estate Board of Greater Vancouver (REBGV) numbers show prices made another decline in June. The market experienced a drop in prices, sales plummeting, and inventory soaring to a multi-year high. Vancouver Real Estate Prices Fall To Lowest Level Since May 2017 The […]