Might the market be increasing in price soon?
Posted on Aug 13, 2019
The Greater Vancouver market is in a state of flux right now. Currently detached homes in many of the cities are in a balanced market and attached homes are remaining in a seller’s market. Traditionally the summer is a slower period in a real estate cycle. This is usually caused by people taking vacations and such, along with kids out of school and...
June has arrived and we are off to the races like a herd of turtles!
Posted on Jul 16, 2019
June stats have arrived! So here is your update and some thoughts on them! May was busier than June as is traditional in the real estate markets in Vancouver. This is usually caused from the summer slowdown with kids being out of school, families taking vacations, realtors taking vacations and frankly people are just more thinking about summer fun...
May sales up, supply up... Where do we go now??
Posted on Jun 12, 2019
The stats have come out for the month of May with a lot of goings on! On May 30th the Bank of Canada held the key interest rate at 1.75% with is what economists had predicted along with a slim chance of there being a further reduction (Most are figuring that the rates will likely stay the same until 2020). Buyers are still grappling with the B20 ru...April Stats posted! "is the sky falling?"
Posted on May 04, 2019
The sun is out and the frost is melting... This is usually the period of time where the real estate market generally loosens up and picks up in transactions (purchases and sales) and listings (product). It is of note that the same headlines (regarding supply) ring the same from last year's to this:
"Home sales down, listings up across Metro Vancouve...
February 2019 stats "is it buy time?"
Posted on Mar 07, 2019
The stats for February have come out and needless to say there has been a definitive market shift. The cards used to be entirely in the hands of the sellers, but now buyers are enjoying a little more control over the market. Sellers shouldn't expect a frenzy of buyers desperately trying to outbid one another in multiple offers. The number of transa...
INSURANCE and why you should have it
Posted on Mar 05, 2019
Imagine that you are relaxing at you home... Off work, shoes off, in your soft pants, eating some popcorn and binge watching the latest whatever is popular on Netflix. You start to realize that something is amiss and that there is smoke pouring into your unit; there is yelling and commotion. This is not a drill, there is a fire and it's tearing thr...