Market Updates

March 17, 2023

What Is A Housing Bubble? And Are We In One?

What is a housing bubble? You’ve undoubtedly heard the term, but what does it actually mean, and is Canada experiencing one? Whether you already own a home, are considering buying one soon, or are waiting for the right time to sell, you want answers to this vital question.

Let’s explore ...

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March 15, 2023

Explore the Neighbourhood Before You Buy

The quality of the surrounding community is a significant factor in determining whether you will be happy in your new home. While choosing a neighbourhood and forming an accurate impression of it is tough until you actually live there, preliminary research on the area can reduce the likelihood of suffering ...

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March 13, 2023

Provincial Housing Market Showing Signs of Recovery Heading into Spring

Photo Credit: BCREA

The British Columbia Real Estate Association (BCREA) reports that a total of 4,775 residential unit sales were recorded in Multiple Listing Service® (MLS®) systems in February 2023, a decrease of 46.5 per cent from February 2022. The average MLS® residential price in BC in 2023 ...

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Posted in Market Updates, News
March 13, 2023

Vancouver’s Stronger Sales in Mid-Q1

March 7, 2023

Monthly Greater Vancouver BC Market Update February 2023

March 7, 2023

Monthly Richmond BC Market Update February 2023

March 7, 2023

Below average home sales allow inventory to inch upwards

February listing data show a continued reluctance among prospective home sellers to engage in Metro Vancouver’s housing market, leading to below-average sales activity. With sales remaining well-below historical norms, the number of available homes for sale in the region have continued inching upwards.

The Real Estate Board of Greater Vancouver ...

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Feb. 22, 2023

Vancouver's Top-Tier Market Highlights of the Past Year

Feb. 21, 2023

2023 Market Outlook for Greater Vancouver in February

Feb. 17, 2023

Canadian Housing Starts (January 2023) - February 15, 2023

Canadian housing starts declined 13.3 per cent to 215,365 units in January at a seasonally-adjusted annual rate (SAAR). Starts were down 6.9 per cent from January of 2022. Single-detached housing starts rose 9.5 per cent to 62.9k, while multi-family and others fell 20.1 per ...

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