Market Trend

The numbers are in for Vancouver for the first quarter 2021. We have very hot market out here. Here we have Sales, Active listings, Months of Inventory and Benchmark Price for the months of January, February and March. How do we get the Months of … Read more

Here are Sales from January to September. The best month so far was in September with 3643 Sales, which is up by 20% compared to August. The inventory is up a little bit. But if you look at that you say we are up 19% … Read more

I have very good news for you today. I will show you the percentage of sales year over year by different property types – detached, condos, townhouses. Will look at what’s going on with prices with the different property types and what seems to be … Read more

The Real Estate Board of Greater Vancouver is reporting a strong June with favorable numbers. Month-over-month, sales increased by 64.5% with 2443 total. Months of inventory dropped 30% and now sits at 4.7 months, which is a balanced market. Benchmark price dipped slightly by 0.3% … Read more

The numbers are in for the Greater Vancouver area for the month of May! Now, I will do something a little different. I will take you through January to the end of May of this year and compare the numbers. But also I want to … Read more

Covid-19 has come into our lives and it’s made our life very uncertain for many of us. Let’s have a look at the last 90 days in Vancouver! You can see January Sales 1,571, went to 2,150 in February and to 2,524. We were shaping … Read more

There were total 2,150 sales in February 2020 a 44.9 per cent increase from February 2019, and a 36.9 per cent increase from January 2020. Last month’s sales were 15.6 per cent below the 10-year February sales average. There are 9,195 active listings, a 20.7% … Read more

This is my market update for January 2020.  First of all  Happy New Year! It will be a very exiting decade. I am looking forward to have a wonderful decade, I hope you are as well.   I will show you January through December 2019, … Read more

This is my Market Update for September 2019. I would like to show you what is happening with the market. Also I want to compare July and August of last year with July and August of this year. And at the end, I will show … Read more

Well, the numbers are in for Vancouver Real Estate Board, let’s have a look at what’s going on. I’ve got some positive news for you, which I did not have for a while, but I feel you’re gonna like what I’m about to say. Let’s … Read more

Numbers for Greater Vancouver! Let’s have a look what’s going on. I will tell you the market is very challenging right now. Also at the end, I will show you what’s going on right across Canada in terms of months of inventory. So you would … Read more

I’ve got the numbers for February for Greater Vancouver. Every month I am trying to change it up a little bit, to hopefully deepen your understanding what’s going on in the market place.  So I will look into 5 last years and compare January, of … Read more

The British Columbia Real Estate Association estimates that economic growth will remain strong enough to support a boost in sales next year after a substantial decline in 2018, according to its latest forecast When the dust settles at the end of this year, association chief … Read more

Here is a market update for November 2018. If you look at November 2018 to 2017 you can see 1608 sales this November and 2795 last November. Our sales are down by 42%. This is obviously not very good news as we are down by … Read more