Latest Market News, Updates & Statistics 

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...

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Real Estate 101: Mortgage Information & Glossary

Posted on Jun 01, 2017 in Buying Your Home



Basic Definitions

Mortgage
A long-term loan primarily for the purpose of buying a home. A mortgage is a legal agreement in which the borrower pledges the property being purchased as security for the loan.

Principal
The amount of the loan - the cash you actually borrow.

Term
The number of months or years the mortgage covers. Normally, it will be anywhere...

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BC Home Sales Turn Higher, Inventories at 20-Year Low

Posted on May 15, 2017 in BC Real Estate Update

BCREA, Tim Wray, Prompton Real Estate, Vancouver
The British Columbia Real Estate Association (BCREA) that a total of 9,865 residential unit sales were recorded by the Multiple Listing Service® (MLS®) in April, down 23.9 per cent from the same period last year. Total sales dollar volume was $7.19 billion, down 25.4 per cent from April 2016. The average MLS® residential price in the province was...

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Housing Market Update for April 2017 (Video) 

Posted on May 10, 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...

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SnapStats Market Update Video - April 2017

Posted on May 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...

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