What’s Up With The Real Estate Market?

Recent local real estate board data at the end of November, shows West Vancouver Residential Composite* Benchmark Price down -1.3% from a year ago, and North Vancouver up +6%. *all properties including single family dwellings, townhomes and apartment/condos   In all housing markets, there are often, predictable ebbs and flows that happen each year. It’s…

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Chicken-and-Egg Nature of Real Estate Stats

March home prices showed modest increase across Metro Vancouver’s housing market showed modest, while new listings remained below long-term historical averages. March data also indicates home sales are making a stronger than expected spring showing so far, despite elevated borrowing costs. The Real Estate Board of Greater Vancouver (REBGV) reports that residential home sales in…

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