Spring brings renewed price growth across Metro Vancouver’s housing market while new listings remain dormant
Posted on Apr 04, 2023 in Vancouver Update
March data also indicates home sales are making a stronger than expected spring showing so far, despite elevated borrowing costs.
The Real Estate Board of Greater Vancouver (REBGV) reports that resid...
Help for first-time home buyers - 9 government grants and rebates
Posted on Mar 28, 2023 in Buying Your Home
Qualifying home buyers can withdraw up to $35,000 (couples up to $70,000) from their RRSPs for a down payment. Must repay within 15 years. Eligibility to use the program a second time: home buyers who’ve experienced a breakdown in their marriage/common-law partnership and those who have repaid their RRSP. Can be used together wi...
Signs of Improving Sales, But Supply Still Needed
Posted on Mar 13, 2023 in BC Real Estate Update
The British Columbia Real Estate Association (BCREA) reports that a total of 4,775 residential unit sales were recorded in Multiple Listing Service® (MLS®) systems in February 2023, a decrease of 46.5 per cent from February 2022. The average MLS® residential price in BC in 2023 was 941,575, down 14.7 per cent compared to the average price of over...
Housing Market Update for February 2023 (Video)
Posted on Mar 08, 2023 in Market Insights Videos
February listing data show slow sales resulting in below-average sales activity in the Metro Vancouver area.
With sales remaining well-below historical norms, the number of available homes for sale in the region have continued inching upwards.
With sales remaining well-below historical norms, the number of available homes for sale in the region have continued inching upwards.
SnapStats Market Speedo Infographic - February 2023
Posted on Mar 07, 2023 in Market Speedo Infographic
Below average home sales allow inventory to inch upwards
Posted on Mar 02, 2023 in Vancouver Update
The Real Estate Board of Greater Vancouver (RE...