Real Estate Market Statistics and Information

December was a busy month for Real Estate in the Lower Mainland. For Greater Vancouver, sales were 88 percent higher than the previous year, the Fraser Valley had their "third best December since 2010" in sales, and the Vancouver Island Board saw a 40% increase in sales over the previous December. All three areas finished the year with their annual...

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We hope that everyone is braced for the upcoming Holiday Season. There will be quite a few Lower Mainlanders that will be celebrating the holidays in new homes this year as sales have been near or over the 10-year-averages in most areas for a number of months. Compared to November of 2018, the Greater Vancouver Board saw a 55% increase in sales an...

 

Ok. Where did that come from? All of a sudden we are back at a sales level that is very close to the 10-year average in both the Greater Vancouver and Fraser Valley Real Estate Boards! Prices are generally slightly lower in most areas, though. We'll have to see if this trend of higher buyer activity continues through October. Anecdotally, we are se...