Realtylink.org was created by the Real Estate Board of Greater Vancouver (REBGV) in 2019. The board says the site “provides a more modern online experience with enhanced search and filtering capabilities. Visitors can create a profile and save their searches and favorite listings. Search results can be organized in a map, gallery or list-based view.”…
For Canada’s housing market, 2020 was a year like no other. The onset of the COVID-19 pandemic in March pushed markets across the country off course, resulting in record-low spring sales followed by a swift post-lockdown recovery that remains in motion. As we approach the new year, now’s the time to consider how the ripple…
Hitting a new sales record and an all-time inventory low, November was yet another record-breaking month—bringing 2020 close to a record-breaking year! Take a glance at November’s stats across Canada:
A fundamental shift in real estate as a result of the COVID-19 pandemic is REALTORS® fully leveraging technology to ensure the real estate processes remain safe and transactions can continue to take place. It is now easier than ever to to get a good feel of a home before ever setting foot within the property…
In light of new public health orders by the Provincial Health Officer on November 19, our REALTOR® association, BCREA, encourages REALTORS® to continue COVID-19 conscious business practices, which includes using virtual tools when possible, to market, show and view properties to help slow the spread of COVID-19. The following are a couple of sample showing…
Housing demand in Metro Vancouver continues to outpace historical averages with November sales eclipsing 3,000 for the first time since 2015. REALTOR®’s registered 3,064 homes sales on the MLS in November. That’s an increase of +23% over this time last year and is 25% above the 10 year for the month. On the listing side…
In West Vancouver total November sale numbers for homes and condominiums improved from same month last year: Houses up +19.2%, Condos up +66.7% and, Townhomes -50.0%. Also up was the MLS® HPI Benchmark Price for most WV property types: Houses up +7.7%, Condos up +6.8% and, Townhomes —. An essential factor in understanding home price…
In North Vancouver total November sale numbers increased for most North Vancouver property types from November 2019: Houses up +20.5%, Condos up +28% and, Townhomes 0.0%. The MLS® HPI Benchmark Price was up for all property types: Houses up +11.6%, Condos up +7.3% and, Townhomes up 10.1%. The supply of property types are a critical…
In West Vancouver, there were 62 sales in the month of November. The sales to new listings ratio was 84% which represents a strong seller’s market. For November 2020, the sales to total active listings percentage was 17%, an increase from 12% in November 2019. Sales for November 2020 were up by 10 units compared…
Our local real estate board reports ‘November home sales outpace seasonal norms and long-term averages Housing demand in Metro Vancouver continues to outpace historical averages with November sales eclipsing 3,000 for the first time since 2015.’ Residential home sales in the region totaled 3,064 in November 2020, a 22.7 per cent increase from the 2,498…
