In West Vancouver, there were 54 sales in the month of July. The sales to new listings ratio was 46% which represents a balanced market. For July 2021, the sales to total active listings percentage was 12%, a decrease from 13% in July 2020. Sales for July 2021 were the same as for July 2020.…
If you’ve decided to buy a home, it’s important you understand all the costs involved in addition to the price you’re paying for the property. Mortgage application Lenders may charge a mortgage application fee, which will vary depending on the lending institution. Mortgage insurance The federal government requires high-ratio mortgages with less than 20% down…
As home owners age and live longer, their income sources may no longer be enough to cover expenses, especially for those on fixed incomes. Many home owners in this phase of life look to the market value their homes have built since they purchased it, also known as equity, to help cover these expenses. But…
If you are up to it, you’ll find a whole whack of current real estate numbers below for North Vancouver residential properties including detached homes, condos and townhomes right here! To name a few this includes activity snapshots re total number of active listings, sales, days on the market and MLS HPI Benchmark Price, Sales-To-Active…
Real estate market insights for Metro Vancouver include: Burnaby, Coquitlam, Maple Ridge, New Westminster, North Vancouver, Pitt Meadows, Port Coquitlam, Port Moody, Richmond, South Delta, Squamish, Sunshine Coast, Vancouver, West Vancouver, and Whistler. Metro Vancouver’s housing market this past July saw more moderate sales, listings and pricing trends in July compared to the heightened activity…
According to the Royal LePage House Price Survey released today, the aggregate1 price of a home in Greater Vancouver increased 19.6 per cent year-over-year to $1,202,500 in the second quarter of 2021. Broken out by housing type, the median price of a single-family detached home increased 24.9 per cent to $1,625,000, while the median price…
West Vancouver sales-to-active listings ratio (SAR) for June 2021 was 12.6% for detached homes, 22.9% for condo’s and 19.2% for townhomes. In contrast, North Vancouver was 45.5% for detached homes, 50.8% for condo’s and 80.8% for townhomes. Generally, analysts say downward pressure on home prices occurs when the ratio dips below 12 per cent for…
North Vancouver home sales totaled 120 in June 2021, a +42.9% increase from the 84 sales recorded in June 2020, and down -6.98% from the 129 homes sold in May 2021. NV May and June home sales were up +45% and +35% respectively from the 10 year monthly sales average. If you are up to…
In West Vancouver, there were 60 sales in the month of June. The sales to new listings ratio was 38% which represents a balanced market. For June 2021, the sales to total active listings percentage was 13%, an increase from 11% in June 2020. Sales for June 2021 were up by 17 units compared to…
Metro Vancouver’s housing market sets a steady, calmer pace to begin the summer season While still elevated, home sale and listing activity in Metro Vancouver* has eased back from the record-setting pace seen in March and April of this year. *Areas covered by the Real Estate Board of Greater Vancouver include: Burnaby, Coquitlam, Maple Ridge,…
