Read about North & West Vancouver new listings & market updates

Blog by Ann Hickey

Market Stats: Residential Detached Source: Real Estate Board of Greater VancouverOctober 2017 StatsThe number of Gross Sales in Metro Vancouver continued to climb last month, while the Benchmark Price adjustments have softened in recent months. The Federal Governments plans to increase mortgage requirements as of January 1st have many home buyers looking to enter the market before stiffer gu ...

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October 2017 - Market News

October 7th, 2017

Market Stats: Residential Detached September 2017 StatsSource: Real Estate Board of Greater Vancouver Much of the real estate news has been focused on condo’s and townhomes, and rightly so. Showing a strong sellers’ market, the sales to active listings for September for townhomes was 42.3% and an incredible 60.4% for condominiums. For detached homes, the ratio for sales to active listi ...

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September 2017 - Market News

September 7th, 2017

(Please scroll down for Residential Apartment Stats) Market Stats: Residential Detached August 2017 Stats North Vancouver’s gross sales were up 41% from August of last year, from $106,920,514 to $151,316,276. With a 37% jump in active listings, the sold year to date was down 26% from 1019 to 747. A year has passed since the foreign buyers tax has been implemented and we have seen the number ...

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August 2017 - Market News

August 3rd, 2017

Market Stats: Residential Detached Source: Real Estate Board of Greater Vancouver July 2017 StatsThe foreign buyer’s tax hit Metro Vancouver’s market one year ago and when compared to last year at this time we are observing some adjustments. The Ministry has tracked a significant decline in foreign buyers from 13% to less than 1%. A closer look at the data in recent months reveals the figu ...

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July 2017 - Market News

July 6th, 2017

Market Stats: Residential DetachedJune 2017 Stats The real estate news cycle is definitely focusing on the condo and townhouses sector but detached homes were quite steady in June. With talk of a foreseeable increase in interest rates and the change in government, many are waiting to see what, if anything will be affected. Below is a snapshot of North Vancouver, West Vancouver and Vancouver ...

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June 2017 - Market News

June 4th, 2017

Market Stats: Residential Detached Eager Home Buyers Show No Sign of Slowing Down Real estate prices continued to rise in May, with the emphasis being on townhomes and condominiums. In Vancouver West, the average benchmark price of a detached home hit $3,588,300 up 4.2% from last year. "Demand for condominiums and townhomes is driving today’s activity," Jill Oudil, Real Estate Board of Gre ...

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May 2017 - Market News

May 3rd, 2017

Benchmark Prices Continue To Raise Despite Shrinking Sales The number of home sales in Metro Vancouver continued to decrease in April with many in and out of the industry ready to speculate on the future of real estate in Vancouver. Given the bid wars and amount of prospective buyers attending open houses we do know that demand is still very high. Gross Sales were down on the North Shore as ...

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April 2017 - Market News

April 6th, 2017

Market Stats: Residental DetachedMarch Overview: Demand Remains HighSource: Real Estate Board of Greater Vancouver Metro Vancouver’s housing market was effected yet again by a lack of property listings combined with strong demand, specifically for condos and townhomes. “While demand in March was below the record high of last year, we saw demand increase month-to-month for condos and townhom ...

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March 2017 - Market News

March 4th, 2017

Market Stats: Residential DetachedFebruary Was Cold For Sales and Weather Low supply and snowy weather contributed to a decline in home sales for the month of February. Last month’s sales were 7.7% below the 10-year February sales average. Lack of new inventory and buyer hesitation had February’s figures at their lowest for that month since 2003 and overall home sales for Metro Vancouver wer ...

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February 2017 - Market News

February 5th, 2017

2017 got off to a slow and unsettling start. Detached home sales and pricing have both started to decline. “From a real estate perspective, it’s a lukewarm start to the year compared to 2016,” said Dan Morrison, Real Estate Board of Greater Vancouver (REBGV) president said. “While we saw near record-breaking sales at this time last year, home buyers and sellers are more reluctant to engage ...

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Blog by Ann Hickey

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