Over the years, June Conway has exemplified a steadfast commitment to service, creativity & hard work.
While the real estate market has grown enormously in value and complexity over the years, one thing remains the same ~ June’s commitment to being a superlative REALTOR® and her understanding of your individual needs to customize an exceptional real estate experience.
What makes a trend? Do two data points in time make a trend? What about 100 data points? Or 10,000? When is something a trend, and when is it considered statistical noise? Believe it or not, this isn’t a simple question to answer. To attempt an answer, we need…
Generally, analysts say downward pressure on home prices occurs when the ratio dips below 12 per cent for a sustained period, while home prices often experience upward pressure when it surpasses 20 per cent over several months. In West Vancouver, for all property types, the sales-to-active listings ratio…
In North Vancouver, for all property types, the sales-to-active listings ratio (SAR) for November is 28%. By property type, the ratio is 29% for detached homes, 14% for townhomes, and 33% for apartments. Generally, analysts say downward pressure on home prices occurs when the ratio dips below 12 per…
In November, West Vancouver remained a buyer’s market based on sales to new listings. North Vancouver remained a seller’s market, based on sales to new listings. Prepared by: John Jennings, Royal LePage Sussex-John Jennings
The Bank of Canada raised its overnight policy rate by 50 basis points, bringing it to 4.25 per cent, its highest level since 2008. In the statement accompanying the decision, the Bank noted that the Canadian economy continues to operate in excess demand with tight labour markets and as a…
While typically a quiet month of market activity based on seasonal patterns, November home sale and listing totals lagged below the region’s long-term averages. The Real Estate Board of Greater Vancouver (REBGV) reports that residential home sales in the region totaled 1,614 in November 2022, a 52.9 per cent decrease…
After the “frenzy” if 2021 and a “big peak and valley’ in 2022, the president of Re/Max Canada tells Global News that next year could see “balance” return to the national housing market. But Christopher Alexander says how high the Bank of Canada drives interest rates, and when…
The first-of-its kind in Canada, the Land Owner Transparency Registry (LOTR) is a registry of information about individuals who are deemed to have an indirect interest in land as defined in section 1 of LOTA (e.g. through corporations, trusts and partnerships) which is housed in a searchable, public database. As…
On November 21, 2022, the Office of the Premier of British Columbia announced changes to the Strata Property Act (“SPA”) impacting strata properties in British Columbia. Then on November 24, 2022 the BC Government passed amendments to the Strata Property Act which take immediate effect and immediately overrides any strata…
West Vancouver October stats recently released by our real estate board showed residential property sales decreased -47% from same month last year and up +14% from the month before. The October residential property House Price Index increased +2% from same month last year and up a bit from the month…
