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June Conway
West Vancouver REALTOR® since 1988
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  • Properties
    • Properties
    • Recent Sales
  • For Buyers
    • Menu iconPractical Buying Tips
    • Menu iconBuyers Cost Guide
    • Menu iconDeposit Power-Saving Ideas
    • Menu iconMortgage Free Strategies
    • Menu iconMortgage & BC Home Buyer Tax Calculator
    • Menu iconConsumer Protection Information
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    • Menu iconMoving Checklist
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    • Menu iconConsumer Protection Information
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Supply and Demand

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  2. Entries tagged with "Supply and Demand"

More Supply, Slower Sales

Metro Vancouver Real EstateBy June ConwayNovember 3, 2023Leave a comment

Metro Vancouver housing market holds steady in October. An increase in newly listed properties is providing more choice to home buyers across Metro Vancouver, but sales remain below long-term averages. The Real Estate Board of Greater Vancouver (REBGV) reports that residential sales in the region totaled 1,996 in October 2023, a 3.7 per cent increase…

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Stabe Home Prices Through Remainder of 2023

Canadian Real EstateBy June ConwayOctober 13, 2023Leave a comment

Royal LePage just released its National House Price Survey for the 3rd Quarter of 2023. For Greater Vancouver it reports the aggregate price of a home remained relatively flat year over year, increasing just 0.1 per cent to $1,251,900 in the third quarter of 2023. On a quarterly basis, however, the aggregate price of a…

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Real Estate Snapshot – North Vancouver

North Vancouver Real EstateBy June ConwayJuly 7, 2023Leave a comment

North Vancouver June active listing inventory was down for all property types compared to the same month last year.  The one year change was -22.9%, -16.8% and -17.9% for detached homes. condos and townhomes respectively. Review of June sales shows sales were up for houses and condos and down for townhomes from a year ago.…

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Tighter Market Conditions

BC Real EstateBy June ConwayMay 11, 2023Leave a comment

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…

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Real Estate Activity – Greater Vancouver

Metro Vancouver Real EstateBy June ConwayOctober 14, 2022Leave a comment

A House Price Survey was just released by Royal LePage.  According to its regional summaries, the aggregate price of a home in Greater Vancouver increased 2.4 per cent year over-year to $1,250,200 in the third quarter of 2022.  On a quarterly basis, the aggregate price of a home in the region decreased 4.7 per cent;…

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Real Estate Market Insights

Metro Vancouver Real EstateBy June ConwayOctober 11, 2022Leave a comment

Home sellers were more active in September while home buyer demand remained below the regions long term averages. Let’s take a closer look. Metro Vancouver Realtor®’s registered 1,687 home sales on the MLS® in September. This is a -46% decrease from this time last year and -36% below our 10 year sales average. Sellers new…

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Inventory Beginning To Accumulate

Metro Vancouver Real EstateBy June ConwayOctober 4, 2022Leave a comment

Home sellers were more active in Metro Vancouver’s housing market in September while home buyer demand remained below the region’s long-term averages.   The Real Estate Board of Greater Vancouver (REBGV) reports that residential home sales in the region totalled 1,687 in September 2022, a 46.4 per cent decrease from the 3,149 sales recorded in…

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Buyer Demand Has Not Disappeared

West Vancouver Real EstateBy June ConwaySeptember 30, 2022Leave a comment

The root issue that drives housing prices almost always is supply and demand. Several factors influence supply and demand such as mortgage interest rates, inflation, employment, investment, construction, immigration, government assistance programs, and the health of local and world economies. Check out the supply and demand trend for West Vancouver‘s apartments:  

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Changing Real Estate Market

Metro Vancouver Real EstateBy June ConwayJuly 5, 2022Leave a comment

With interest rates and housing supply increasing, Metro Vancouver home buyers are operating in a changing marketplace to begin the summer season. The Real Estate Board of Greater Vancouver (REBGV) reports that residential home sales in the region totaled 2,444 in June 2022, a 35 per cent decrease from the 3,762 sales recorded in June…

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Shifting Property Market

North Shore Real EstateBy June ConwayJune 17, 2022Leave a comment

After reaching record setting levels for many North Shore property types, last year home sale activity has returned to more typical, seasonal levels this Spring due in large part to rising interest rates. On the North Shore, REALTOR®s registered 287 North Vancouver and 69 West Vancouver home sales on MLS® in May. This is a…

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John Jennings Real Estate Team
Royal LePage Sussex – John Jennings
2397 Marine Drive
West Vancouver, BC V7V 1K9

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