Market Statistics - February 2018
Posted on Mar 06, 2018 in Statistics
February 2018 brought record snowfall to the Lower Mainland and Fraser Valley areas in contrast to our soggy January.
This chill is also indicated in the Lower Mainland housing market as houses in particular have seen a drastic drop in the number of sales. February's sales of houses were almost 40% below the 10 year average for February. Levels like...
Market Statistics - January 2018
Posted on Feb 06, 2018 in Statistics
January 2018 was a wet but warm month in the Lower Mainland. Except for the first few days of the year where temperatures were below the historical averages, our daily temperatures have trended about 2 to 4 degrees warmer than the historical averages.
This sogginess has not affected the townhouse and condo market as we are still seeing large lineups...
Market Statistics - December 2017
Posted on Jan 06, 2018 in Statistics
We hope everyone had a great Holiday Season to cap off the eventful year of 2017!
The Metro Vancouver market continued to be buoyed up by those buyers that were trying to meet the end-of-the-year deadline for the new mortgage changes and this meant that many sales were over the asking price.
As an example of buyer's desperation, we are working with s...
The Metro Vancouver market continued to be buoyed up by those buyers that were trying to meet the end-of-the-year deadline for the new mortgage changes and this meant that many sales were over the asking price.
As an example of buyer's desperation, we are working with s...
Market Statistics - November 2017
Posted on Dec 06, 2017 in Statistics
Well, that was a depressing November on the weather front in Vancouver: 27 of the 30 days were rainy which tied 1953 for the most recorded rainy days in November.
The situation looked a little sunnier for those people that were lucky enough to be holding Lower Mainland real estate, as most areas saw increased prices. Even single family homes, which...
Market Statistics - January 2017
Posted on Feb 12, 2017 in Statistics
Hi %%FirstName%%,With Punxsutawney Phil predicting 6 more weeks of winter, I hope everyone with a driveway or walkway has appreciates how much the snow shoveling is improving their cardiovascular health. Happy Chinese New Year! The Year of the Fire Rooster has begun.January 2017's real estate market has started with more of a whimper than a bang wi...Market Statistics - December 2016
Posted on Jan 13, 2017 in Statistics
Hi %%FirstName%%,
Happy New Year! We hope everyone had a happy and harmonious holiday season to end off 2016.
Let's all take a deep breath as one of the most tumultuous years in Metro Vancouver real estate is finally over!
Government intervention (or some would say, meddling) resulted in hundreds of millions of dollars in lawsuits, some cheers, and so...