March 2019

Mortgage Stress Test Continues to Dampen Home Sales in February

Posted on Mar 13, 2019 in BC Real Estate Update

Tim Wray - RE/MAX Crest Realty, REBGV

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 $678,625, a decline of 9.3 per cent from February 2018. Total sale...

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Housing Market Update for February 2019 (Video)

Posted on Mar 11, 2019 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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SnapStats Market Update Video - February 2019

Posted on Mar 06, 2019 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.

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Housing market conditions continue to favour home buyers

Posted on Mar 04, 2019 in Vancouver Update



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 per cent decrease from the 2,207 sales recorded in February 2018, and a 34.5 per...

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