June 2017

BC Home Sales to Exceed 100,000 Units for Third Consecutive Year  

Posted on Jun 19, 2017 in BC Real Estate Update

BCREA Housing Forecast - Tim Wray, Vancouver Real Estate, PromptonThe British Columbia Real Estate Association (BCREA) released its 2017 Second Quarter Housing Forecast today.

Multiple Listing Service® (MLS®) residential sales in the province are forecast to decline 10 per cent to 101,000 units this year, after reaching a record 112,209 units in 2016. Housing demand gained strength this spring, as some of the effe...

Read More

Housing Supply Not Keeping Pace with Demand in Most BC Regions

Posted on Jun 13, 2017 in BC Real Estate Update

BCREA, Tim Wray, Vancouver Real Estate, Prompton Real Estate Services
The British Columbia Real Estate Association (BCREA) reports that a total of 12,402 residential unit sales were recorded by the Multiple Listing Service® (MLS®) in May, down 7.9 per cent from the same period last year. Total sales dollar volume was $9.33 billion, down 4.0 per cent from May 2017. The average MLS® residential price in the province wa...

Read More

Housing Market Update for May 2017 (Video) 

Posted on Jun 12, 2017 in Market Insights Videos


How does this latest information affect your plans to buy or sell your property? The key to a successful real estate experience is knowing and understanding the detail behind the headlines for your city, neighbourhood, street and property type.

Please call or email me with any questions that you may have after watching this video. I'd be happy to he...

Read More

SnapStats Market Update Video - May 2017

Posted on Jun 09, 2017 in SnapStats Videos


My business grows by building strong client-focused relationships. I would welcome the opportunity to answer any questions about the real estate market that you may have.

If you would like to find out how much your home is worth in today's market, to discuss listing your home or buying a new home, please contact me on (604) 781-5692 or via email - t...

Read More

Market activity picks up in May

Posted on Jun 02, 2017 in Vancouver Update



Home buyer activity returned to near record levels across the Metro Vancouver housing market in May.

Residential property sales in the region totalled 4,364 in May 2017, a decrease of 8.5 per cent from the 4,769 sales in May 2016, an all-time record, and an increase of 22.8 per cent compared to April 2017 when 3,553 homes sold.

Last month’s sales wer...

Read More

View Older Posts