Real Estate Team in Burnaby, Tricities, and New Westminster

Largest Price Movement Listings - Sept 21 - 28th, 2018

Posted on Sep 28, 2018 in Statistics

Here are some of the biggest price increases and decreases in the Real Estate Board of Greater Vancouver and the Fraser Valley Real Estate Board for different categories of properties for the last 7 days.

(Be sure to Click the pictures to see the full listing with all the other pictures and virtual tours in another window.):
Note that these homes are...

Largest Price Movement Listings - Sept 14 - 21st, 2018

Posted on Sep 21, 2018 in Statistics

We received a lot of comments from last week's "price drop" email from our clients so I wanted to clarify a few things. These are the biggest price drops in their specific category and area and are not representative of the market in general.
It may be that the owners have listed the property too high in the first place and are just adjusting down t...

Largest Price Movement Listings Sept 7th - 14th, 2018

Posted on Sep 14, 2018 in Statistics

There has been a significant change in the market as you no doubt have heard. I've compiled a list of the price reductions currently on the market.

Note that these homes are still showing as active at this time, although they may have an offer in place or have sold and not registered in the MLS yet.

Biggest Price Drops by Type and Area (Click the pic...

Market Statistics - August 2018

Posted on Sep 11, 2018 in Statistics

We hope that everyone enjoyed the short Indian Summer that we've been having and have had a chance to pursue their favourite last-minute summer activities.

September of 2018 continued the trend of the last few months: July sales hit a 30 year low, August a 6 year low, and September a 10 year low. The last time that we had similar sales numbers in Se...

Market Statistics - July 2018

Posted on Aug 08, 2018 in Statistics

We hope you are enjoying this hot, dry summer in the Lower Mainland. We apologize for the delay in sending this abbreviated email but we are currently on a short holiday.

July of 2018 has continued the trend of the last few months. Last month there were only 2037 sales of all types in the REBGV, which is 30.9% lower than July of last year, and 1290...

Market Statistics - June 2018

Posted on Jul 06, 2018 in Statistics

The sales for June of 2018 continued the slowing trend of the last few months. Especially hard hit have been single family homes (detached) which experienced sales 28.7% lower than the 10-year-average in Greater Vancouver. We haven't seen sales levels this low since 2012.

Detached homes have entered "buyer market" territory as the sales-to-active ra...

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