Greater Vancouver housing market maintains a steady spring pace.
Home sale and listing activity has maintained a consistent pace on the Multiple Listing Service® (MLS®) in Greater Vancouver in recent months, which has helped create balanced conditions for the region’s housing market.
The Real Estate Board of Greater Vancouver (REBGV) reports that residential property sales in Greater ...
Posted by Jules Seaman
on May 22, 2012
Increased selection helps maintain balance in Greater Vancouver housing market.
Home sales in March trended below the 10-year average in Greater Vancouver while home listing activity outpaced what’s typical for the month. The Real Estate Board of Greater Vancouver (REBGV) reports that residential property sales in Greater Vancouver reached 2,874 on the Multiple Listing Service® (MLS®) ...
Posted by Jules Seaman
on April 18, 2012
Looking outside at today's weather has me wondering...where is spring?
One day the birds are chirping, flowers are popping up and spring is in the air! Then wham the very next day its snowing! Is global warming (or should I say cooling) having an effect that we are starting to see in our weather systems? I definitely see the seasons getting pushed back, spring is coming later and summer also.
The ...
Posted by Jules Seaman
on March 19, 2012
The government today announced the HST/PST transitional rules on new homes. As the province transitions back to the PST, which will replace the HST effective April 1, 2013, measures to ease the HST burden on new home buyers include:
The BC New Housing Rebate threshold will increase to $850,000 from $525,000, so that more than 90% of newly built homes will now be eligible for a provincial HST rebate ...
Posted by Jules Seaman
on February 17, 2012
I'm sitting here going over New Listings and Sales on a Monday afternoon. While the number of New Listings is outpacing the number of Sales its the sale prices that have really caught my interest.
I was out over this past weekend with buyers looking at detached homes on the West/East side, Mount Pleasant East/West, Cambie, Main, Douglas Park and other areas. Every open house had a large number ...
Posted by Jules Seaman
on February 13, 2012
We are already half way through January and many of you home owners and home buyers will be getting ready to buy and sell this coming spring.
Finding the right Real Estate Agent can be key to your success when navigating the Real Estate Market. Real Estate is a people business and the agent you choose should be a people person. You want an agent that has been in business for a few years and ...
Posted by Jules Seaman
on January 13, 2012
Balanced real estate market prevailed through much of 2011.
The 2011 Greater Vancouver housing market began with heightened demand in regional hot spots and concluded with greater balance between seller supply and buyer demand. The Real Estate Board of Greater Vancouver (REBGV) reports that total sales of detached, attached and apartment properties in 2011 reached 32,390, a 5.9 per cent increase ...
Posted by Jules Seaman
on January 4, 2012
B.C.'s real estate market may be slowing down, but there is no sign Vancouver's sky high prices are caught up in a bubble that is about to burst, according to a new report
The Central 1 Credit Union report, which was issued on Thursday, forecasts the B.C. market will slow this year and total sales will drop slightly from 2010, but prices will continue to rise an estimated 6.8 per cent next year. ...
Posted by Jules Seaman
on September 20, 2011
While the balance between home buyer and seller activity remains in an equilibrium range in the Greater Vancouver housing market, last month’s home sale total was below the 10-year average for July.
The Real Estate Board of Greater Vancouver (REBGV) reports that residential property sales of detached, attached and apartment properties on the region’s Multiple Listing Service® ...
Posted by Jules Seaman
on August 9, 2011
Home sellers outpaced buyers on Greater Vancouver’s Multiple Listings Service® (MLS®) in June, drawing the market back toward balance this summer.
The Real Estate Board of Greater Vancouver (REBGV) reports that residential property sales of detached, attached and apartment properties reached 3,262 in June, a 9.8 per cent increase compared to the 2,972 sales in June 2010 and a 3.4 per ...
Posted by Jules Seaman
on July 5, 2011