Greater Vancouver real estate is seeing the new condo pre-sale market get hit hard. MLA Canada, a prominent Vancouver real estate marketing and analytics firm, numbers show condo apartment sales fell in April. The decline in sales has led to weaker absorption of new project launches. Developers plan to delay thousands of units, in anticipation […]
Greater Vancouver real estate’s hot spring market hasn’t materialized as of yet. Real Estate Board of Greater Vancouver (REBGV) numbers show condo apartment prices were down substantially in April. Last month was also saw the fewest sales in over a decade, which pushed inventory much higher. Vancouver Condo Prices Fail To Rise In April The […]
Toronto and Vancouver condos are shrinking at an incredibly fast rate. Statistics Canada (Stat Can) crunched the size of condo apartments using assessment data. The data shows the median size of newer developments are fast shrinking – not all that surprising to most. It is surprising to see Toronto condo units shrinking much faster than […]
Toronto and Vancouver homeowners are condo crazy, and it shows in assessment values. Statistics Canada (StatCan) numbers show median assessment values for condos were at a huge premium in 2018. The gap between assessments for a condo apartment is as much as double in Toronto. Vancouver, the country’s most expensive city, isn’t seeing nearly as […]
Greater Vancouver condo presale buyers still aren’t interested, even with more incentives. Numbers from MLA Canada, a real estate analytics and marketing firm, show Greater Vancouver condo presales fell in March. An accompanying decline in inventory helped to offset the drop in sales. However, it wasn’t quite enough to change the current trend. Sales of […]
Greater Vancouver condo sales are extending losses into the normally busy spring. Real Estate Board of Greater Vancouver (REBGV) numbers show prices continued to drop in March. The price decline came with the fewest March sales since 2009, and double last year’s inventory. Greater Vancouver Condo Prices Drop The Most Since 2009 The price of […]
Vancouver’s condo market continued to slide last month. Real Estate Board of Greater Vancouver (REBGV) numbers show February sales hit the lowest level since 2009. The drop in sales combined with rising to make the largest price drop since the Great Recession. Vancouver Condo Prices Make Biggest Decline Since 2009 The price of a condo […]
The Greater Vancouver condo rush might have just turned. Real Estate Board of Greater Vancouver (REBGV) numbers show condo apartment prices declined for the first time in years this January. The decline came as sales for the month fell to a 9 year low, and inventory climbed to a multi-year high. Greater Vancouver Condo Prices […]
Greater Vancouver’s condo market continued to cool quickly. Real Estate Board of Greater Vancouver (REBGV) numbers show prices are near flat in December. The rapid decline in price growth was accompanied by doubling inventory, and a multi-year low for December sales. Greater Vancouver Condo Prices Are Up Less Than A Point Condo prices in Greater […]
Greater Vancouver real estate pre-sales are slowing, and inventory is rising. Numbers from MLA Canada, one of Vancouver’s top real estate marketing firms, show a decline in new project sales in November. Fewer sales are pushing inventory higher, even with delayed project launches. Vancouver Real Estate Pre-Sales Fall Over 62% Greater Vancouver real estate pre-sales […]
