In West Vancouver, there was 10.4 months of inventory (MOI). This represents a buyer’s market based on MOI. Last month there was 9.4 months of inventory. The sales to new listings percentage was 28%, which represents a buyer’s market. The first quarter of 2024 had 92 sales compared to the first quarter of 2023 which…
Just released board stats show North Vancouver November home sales numbers strongest in the Lynn Valley, Boulevard and Upper Lonsdale neighborhoods, condo’s in Lower and Central Lonsdale areas and for townhomes, the Lynn Valley, Central and Lower Lonsdale neighborhoods. All property types sales-to-active ratio have been pretty much in Seller Market territory year-to-date. Below find…
None of us have a foolproof crystal ball. If we did, we might all have bet on Sidney Crosby scoring the golden goal in 2014 and cashed out with some big bucks! When it comes to real estate markets and what we might see over the next few years, history can generally provide some great…
The BCREA (British Columbia Real Estate Association) reports that a total of 7,427 residential unit sales were recorded in Multiple Listing Service® (MLS®) systems in April 2023, a decrease of 17.7 per cent from April 2022. The average MLS® residential price in BC was 995,506 down 5.6 per cent compared to the average price of…
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 before, +1%. The total number…
Our board’s economist Keith Stewart recently released a new quarterly housing market analysis provided below, that looks at MLS® housing market data and other fundamental economic measures affecting the market. Check out the videos with Keith that provide more bite-sized insights into the information in the report. In first video, Keith discusses what’s happening with…
Home sale activity in Metro Vancouver* remained above historical averages in October while the overall supply of homes for sale dipped to levels not seen in three years. *Areas covered by the Real Estate Board of Greater Vancouver include: Burnaby, Coquitlam, Maple Ridge, New Westminster, North Vancouver, Pitt Meadows, Port Coquitlam, Port Moody, Richmond, South…
