Market Statistics - March 2021
Posted on Apr 05, 2021 in Statistics
Homebuyer and seller activity reached unprecedented levels across Me...
Market Statistics - February 2021
Posted on Mar 06, 2021 in Statistics
Last month’s sales were 42.8 percent above the 10-year February sales average.
"Metro Vancouver’s housing market is experiencing seller’s market conditions. The supply of listings for sale isn’t keeping up with the demand we’re seeing. Competition amongst home buyers is causin...
Market Statistics - December 2020
Posted on Jan 05, 2021 in Statistics
Well, that "H E double hockey sticks" year is finally over! The last month of 2020 managed to cap off a roller coaster of a year with a record number of sales. Low-interest rates are fueling a rush into real estate that we haven't seen for years. As we mentioned last month, townhouses and single-family homes are the primary beneficiaries of this sa...
Market Statistics - November 2020
Posted on Dec 14, 2020 in Statistics
November 2020 exceeded everyone's expectations with sales at record or near-record levels in the townhouse and single-family home markets. We're seeing some desperation again for buyers in this present market who have lost out on many multiple offers. It is an especially difficult situation for those with a fixed completion date because of the sale...
Market Statistics - October 2020
Posted on Nov 05, 2020 in Statistics
October kept the momentum of the last 3 or 4 months going with the number of sales close to record levels. A reducing number of available listings may have even blunted the potential for higher levels. November has been much more sedate in contrast with sales trending at about 50% of an equivalent period in October. We'll have to see if this contin...