News

Fierce Competition Among Buyers In The Metro Vancouver Housing Market 

Posted on Jun 09, 2023 in Market Update


Metro Vancouver’s real estate market got off to a slower than usual start, but has since heated up and has experienced a price increase for the 6th month in a row.

The total number of homes that sold in the region was 3,411 for May 2023. This is a 15.7% increase from May of last year and a 1.4% drop from the 10-year seasonal average.

“Back in January...

Read More

3 Dog Parks In New Westminster (And a bonus)

Posted on May 23, 2023 in Community


Are you going to be around New Westminster with your doggo? While New West has a heap of dog parks all across it, here are 3 of our favourite ones (in no particular order) and a couple of bonus pathways (on leash) that are quite pleasant to enjoy with you furry friend!

Queen's Park Off Leash Dog Park, New Westminster
1. Queen’s Park Off-Leash Dog park:
This one is in the “crown jewel” park of New W...

Read More

Rising Temperatures In Vancouver Match Rising Prices Of Housing

Posted on May 17, 2023 in Market Update


Due to the sheer lack of numbers in listings that remain lower than the typical seasonal norms for Metro Vancouver it has caused the pricing to raise as the number of sales is rising to the same levels of last spring; prior to the 8 interest rate increases that had slowed down the sales activity and reduced purchasers buying power.

Sales reported by...

Read More

Home Sales Making A Stronger Than Expected Spring Showing.... So Far

Posted on Apr 04, 2023 in Market Update



Metro Vancouver saw a slight increase to the prices, while listings continue to be below the 10-year averages and data shows that transaction numbers have been higher than anticipated this spring while still experiencing elevated borrowing costs.
 
Reports from the Real Estate Board of Greater Vancouver show a total of 2,535 home sales for March 2023...

Read More

Inventory Inches Up, Transactions Down, Shouldn't Prices Drop As well??

Posted on Mar 17, 2023 in Market Update


The latest data on housing listings in February reveals that there is a persistent hesitance among potential home sellers to participate in the Metro Vancouver housing market. This has resulted in below-average sales activity that remains significantly lower than the historical norms. In reflection of this, the number of homes available for sale in...

Read More

Low Inventory And Low Transaction Numbers To start off A Slow January 2023

Posted on Feb 07, 2023



The Real Estate Board of Greater Vancouver stated that in January 2023, there were 1,022 residential home sales in the area, which is a 55.3% drop from the sales recorded in January 2022 (2,285) and a 21.1% decrease from December 2022 (1,295 homes sold).

Last month’s sales were 42.9 per cent below the 10-year January sales average.

“Due to seasonalit...

Read More