Market Update

Blog by David Valente

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Stress Test Creating Pent-up Demand - BCREA

April 15th, 2019

Stress Test Creating Pent-up Demand
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Vancouver, BC – April 15, 2019. The British Columbia Real Estate Association (BCREA) reports that a total of 5,707 residential unit sales were recorded by the Multiple Listing Service® (MLS®) in March, a decline of 23 per cent from the same month last year. The average MLS® residential price in the province was $687,720, a decline of 5.4 per cent from Ma ...

April 2019 Real Estate Newsletter: Prospective home buyers remain on the sidelines in March

April 2nd, 2019

Prospective home buyers remain on the sidelines in March

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Prospective home buyers remain on the sidelines in March

Metro Vancouver home sales dipped to the lowest levels seen in March in more than three decades.

The Real Estate Board of Greater Vancouver (REBGV) reports that residential home sales in the region totalled 1,727 in March 2019, a 31.4 per cent decrease from the 2,517 sale ...

BCREA: Mortgage Stress Test Continues to Dampen Home Sales in February

March 13th, 2019

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Mortgage Stress Test Continues to Dampen Home Sales in February


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Vancouver, BC – March 13, 2019. The British Columbia Real Estate Association (BCREA) reports that a total of 4,533 residential unit sales were recorded by the Multiple Listing Service® (MLS®) in February, a decline of 27 per cent from the same month last year. The average MLS® residential price in the province was $678,6 ...

Get Listed! Get Sold!

March 6th, 2019
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My March 2019 Monthly Market Newletter & REBGV Stats Package: Housing market conditions continue to favour home buyers

March 4th, 2019
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Housing market conditions continue to favour home buyers

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Housing market conditions continue to favour home buyers

The Metro Vancouver housing market saw increased supply from home sellers and below average demand from home buyers in February.

The Real Estate Board of Greater Vancouver (REBGV) reports that residential home sales in the region totalled 1,484 in February 2019, a 32.8 p ...

Just Sold! New For Sale Signs. Hot Listing on a cold snow day

February 16th, 2019
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February 2019 Real Estate Market Newsletter & REBGV Stats Package: Home listings increase while buyers remain in holding pattern

February 8th, 2019
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Home listings increase while buyers remain in holding pattern


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Home listings increase while buyers remain in holding pattern

Home listings continue to increase across all housing categories in the Metro Vancouver housing market while home buyer activity remains below historical averages.

The Real Estate Board of Greater Vancouver (REBGV) reports that residential home sales in the ...

Updated North Shore Listing & Sales Graphs Jan 24-2019

January 25th, 2019
Listings:
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Sales:
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Happy New Year! My January 2019 Market Newsletter & REBGV Stats Pack: Metro Vancouver home sales decline below historical averages

January 3rd, 2019
Metro Vancouver home sales decline below historical averages in 2018.
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Metro Vancouver home sales decline below historical averages in 2018

Metro Vancouver home sales in 2018 were the lowest annual total in the region since 2000.

The Real Estate Board of Greater Vancouver (REBGV) reports that sales of detached, attached and apartment properties reached 24,619 on the Multiple Listing ...

Wishing you a Merry Christmas & Happy Holidays!

December 13th, 2018
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Merry Christmas & Happy Holidays! Wishing you happiness this holiday season and through out the coming year. My sincere thanks to you for your loyalty and goodwill in 2018. May you soar into the new year filled with health, happiness and prosperity.

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David Valente

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The data relating to real estate on this web site comes in part from the MLS Reciprocity program of the Real Estate Board of Greater Vancouver. Real estate listings held by participating real estate firms are marked with the MLSR logo and detailed information about the listing includes the name of the listing agent. This representation is based in whole or part on data generated by the Real Estate Board of Greater Vancouver which assumes no responsibility for its accuracy. The materials contained on this page may not be reproduced without the express written consent of the Real Estate Board of Greater Vancouver. Copyright 2019 by the Real Estate Board of Greater Vancouver, Fraser Valley Real Estate Board, Chilliwack and District Real Estate Board, BC Northern Real Estate Board, and Kootenay Real Estate Board. All Rights Reserved.

The data relating to real estate on this web site comes in part from the MLS Reciprocity program of the Real Estate Board of Greater Vancouver. Real estate listings held by participating real estate firms are marked with the MLSR logo and detailed information about the listing includes the name of the listing agent. This representation is based in whole or part on data generated by the Real Estate Board of Greater Vancouver which assumes no responsibility for its accuracy. The materials contained on this page may not be reproduced without the express written consent of the Real Estate Board of Greater Vancouver. Copyright 2019 by the Real Estate Board of Greater Vancouver, Fraser Valley Real Estate Board, Chilliwack and District Real Estate Board, BC Northern Real Estate Board, and Kootenay Real Estate Board. All Rights Reserved.

The data relating to real estate on this web site comes in part from the MLS Reciprocity program of the Real Estate Board of Greater Vancouver. Real estate listings held by participating real estate firms are marked with the MLSR logo and detailed information about the listing includes the name of the listing agent. This representation is based in whole or part on data generated by the Real Estate Board of Greater Vancouver which assumes no responsibility for its accuracy. The materials contained on this page may not be reproduced without the express written consent of the Real Estate Board of Greater Vancouver. Copyright 2019 by the Real Estate Board of Greater Vancouver, Fraser Valley Real Estate Board, Chilliwack and District Real Estate Board, BC Northern Real Estate Board, and Kootenay Real Estate Board. All Rights Reserved.

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