January 2021

Housing Market Update for December 2020 (Video)

Posted on Jan 15, 2021 in Market Insights Videos


Whether you are looking to buy, sell or learn more about the market changes, call / text me on (604) 781-5692 or send an email to tim@timwray.ca to get the answers you need.

My business grows by building trust and strong client-focused relationships. I would welcome the opportunity to help you achieve your real estate goals.

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Strong December Home Sales Close Out an Unprecedented Year

Posted on Jan 13, 2021 in BC Real Estate Update



The British Columbia Real Estate Association (BCREA) reports that a total of 93,953 residential unit sales were recorded by the Multiple Listing Service® (MLS®) in 2020, an increase of 21.5 per cent from the 77,350 units sold in 2019. The annual average MLS® residential price in BC was $782,027, an 11.7 per cent increase from $700,369 recorded the...

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What are the buying costs of a home?

Posted on Jan 12, 2021 in Buying Your Home



If you’ve decided to buy a home, it’s important you understand all the costs involved in addition to the price you're paying for the property.

Mortgage application
Lenders may charge a mortgage application fee, which will vary depending on the lending institution.

Mortgage insurance
The federal government requires high-ratio mortgages with less than 20...

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SnapStats Market Update Video - December 2020

Posted on Jan 07, 2021 in SnapStats Videos


Whether you are looking to buy, sell or learn more about the market changes, call / text me on (604) 781-5692 or send an email to tim@timwray.ca to get the answers you need.

My business grows by building trust and strong client-focused relationships. I would welcome the opportunity to help you achieve your real estate goals.

Read More

Metro Vancouver housing market shows resilience in 2020

Posted on Jan 05, 2021 in Vancouver Update



Strong December activity brought Metro Vancouver’s* 2020 home sales total in line with the region’s long-term annual average.

The Real Estate Board of Greater Vancouver (REBGV) reports that residential home sales in the region totalled 30,944 in 2020, a 22.1 per cent increase from the 25,351 sales recorded in 2019, and a 25.7 per cent increase from...

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