Read about North & West Vancouver new listings & market updates

Blog by Ann Hickey

Welcome to a Happy 2017 December closed out a crazy year of ups and downs in the Vancouver real estate market. Low supply and high demand escalated prices and the government introduced several interventions. After a record setting spring, the second half of 2016 started to show some declines and in December, the number of residential sales in Greater Vancouver decreased by 39.4% when compar ...

Posted in Market Stats

December 2016 - Market News

December 5th, 2016

The latest stats by the Real Estate Board of Greater Vancouver report a continued slump in sales in and around the Vancouver area, specifically in the detached housing market. Historically, November is a slow time for home sales and in a typical year none of the latest figures should be alarming. However, this is not a typical year as we all have witnessed. Following a year of double-digit ...

Posted in Market Stats

November 2016 - Market News

November 3rd, 2016

October Market Review: A Change in Market ConditionsSource: Real Estate Board of Greater Vancouver The general theme for October was “hold”. Overall sales were significantly down in October and the changing market situation put many potential buyers and sellers into a waiting pattern. The imposed government mortgage stress test and the 15% foreign buyer’s tax have all had a hand in cooling d ...

Posted in Market Stats

October 2016 - Market News

October 4th, 2016

Benchmark Prices Continue To Grow Despite Decrease In Sales The number of home sales in Metro Vancouver continued to fall last month, but the benchmark price remains strong. Gross Sales were down on the North Shore as well as Vancouver West. North Vancouver fell 45% which brought their Gross Sales from $162,375,805 to $88,597,428. West Vancouver had a 69% decrease from one year ago from $2 ...

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September 2016 - Market News

September 16th, 2016

The Benchmark Prices Are Still Strong After a searing hot spring and summer with record setting sales, the fall season has brought a long overdue cooling phase that was expected. Yes, sales had slowed in August, but that is typical for this time of year. Historically, August has always been a sluggish month and this year was no exception. The introduction of the foreign buyers tax in combi ...

Posted in Market Stats

July 2016 - Market News

July 10th, 2016

Tour Some of Vancouver’s Most Creative Home Designs Looking for inspiration or do you just love good design? See amazing homes through wonderful tours being offered showcasing distinctive and inspiring residences. Learn how home owners and architects are preserving historic architectural integrity as well as creating unique design solutions to adapt to the ever changing modern family lif ...

Posted in Market Stats

June 2016 - Market News

July 10th, 2016

FYI: Changes to Assignment Sales In the wake of much talk regarding “shadow flipping”, the BC government now requires contracts prepared by real estate licensees to include clauses stating that the contract cannot be assigned without the written consent of the seller, and that any profit from an assignment goes to the initial seller. Clients can instruct licensees to omit or change the cla ...

Posted in Market Stats

May 2016 - Market News

July 10th, 2016

April 2016 Review It certainly seems like I have been writing about the same market scenario for months now. April was no different as we continued to see strong Gross Sales and dwindling Active Listings. Interestingly the actual Units Sold in the past month compared to April, 2015 has changed nominally yet the overall Gross Sales increase has been staggering.West Vancouver led the way with ...

Posted in Market Stats

April 2016 - Market News

April 9th, 2016

Organized Small Space Living From condos to coach houses, efficiently utilizing the space you call home is important. With organization and storage solutions aplenty, here are a few key strategies to make the most of what your home has to offer. Keep things elegant and bright with light color schemes and good use of lighting. Start by allowing in as much natural light as possible to cr ...

Posted in Market Stats

March 2016 - Market News

March 8th, 2016

Hot Topics for Home Buyers It’s not easy for first time home buyers to break into the Metro Vancouver real estate market. With detached home prices rising between 45-70% over the past 5 years many first time home buyers are looking at condo’s and townhomes (attached homes) for their first home purchase. There is a lot of information out there on first time home buying but here are 5 hot ...

Posted in Market Stats

OAKWYN REALTY

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Blog by Ann Hickey

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January 2017 - Market News

December 2016 - Market News

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