Latest Market News, Updates & Statistics 

Stress Test Creating Pent-up Demand

Posted on Apr 15, 2019 in BC Real Estate Update



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 March 2018. Total sales doll...

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Housing Market Update for March 2019 (Video)

Posted on Apr 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 - March 2019

Posted on Apr 05, 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.

Read More

Prospective home buyers remain on the sidelines in March

Posted on Apr 02, 2019 in Vancouver Update



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 sales recorded in March 2018, and a 16.4 per cent increase from the 1,484 homes sol...

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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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