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June Conway
West Vancouver REALTOR® since 1988
June Conway
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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
  • For Sellers
    • Menu iconHome Maintenance Checkup
    • Menu iconMoving Checklist
    • Menu iconPreparing Your Home For Sale
    • Menu iconConsumer Protection Information
  • Resources
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West Vancouver Apartments

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What Drives Our Real Estate Market?

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

Sales at the beginning of 2022 remained elevated and new listings are entering the market at more typical levels. Going forward, we expect sales to pull back and price growth to remain elevated.   Our real estate board Economist assesses Metro Vancouver’s house market activity over the first quarter of 2022 and projects what home…

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Steady Home Sale Activity

Metro Vancouver Real EstateBy June ConwayMarch 2, 2022Leave a comment

The Metro Vancouver* housing market saw steady home sales activity, modest increases in home listings and continued upward trends in pricing in February. The Real Estate Board of Greater Vancouver (REBGV) reports that residential home sales in the region totaled 3,424 in February 2022, an 8.1 per cent decrease from the 3,727 sales recorded in…

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BC Speculation and Vacancy Tax – SVT

Real Estate TipsBy June ConwayFebruary 18, 2022Leave a comment

BC owners of strata property in buildings with rental restrictions are no longer exempt from the BC Speculation and Vacancy Tax (SVT) as of January 1, 2022. This exemption, which ends December 31, 2021, applied to strata property owners who: were banned from renting units due to a rental restriction in place on or before…

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Robust Housing Demand

BC Real EstateBy June ConwayFebruary 2, 2022Leave a comment

The BC housing market is entering 2022 with the lowest level of active listings on record and significant demand-side momentum. That means strong sales should persist through the first few months of the year and supply will remain severely limited. As a result, we expect to see continued upward pressure on home prices in all…

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Prices Reaching New Highs

Metro Vancouver Real EstateBy June ConwayFebruary 2, 2022Leave a comment

Just released board stats show January 2022 home sales were down from last year’s record-setting pace, while low supply continued to cause home prices to edge higher across across Metro Vancouver.   “Our listing inventory on MLS® is less than half of what would be optimal to begin the year. As a result, hopeful home…

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2022 Real Estate Forecast

Metro Vancouver Real EstateBy June ConwayJanuary 29, 2022Leave a comment

A recent forecast presentation by our board’s economist had three takeaways:   Year-over Year sales will decline 9 to 20 percent in 2022   It’s difficult to set a record for sales two years in a row, so the real question is what kind of decline will we see? Our forecast sees a decline of…

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Interest Rate & Price Speculation

West Vancouver Real EstateBy June ConwayJanuary 21, 2022Leave a comment

There has been much speculation about the likelihood of an interest rate hike from the Bank of Canada and what it could do to housing market. Some economists are predicting an interest rate hike in the middle of the year or sooner. Others, like senior economist Jean-Francois Perrault, is forecasting ‘…as early as next week…

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Market Change In The Works?

BC Real EstateBy June ConwayJanuary 18, 2022Leave a comment

The number of home sales in BC is expected to fall and home price growth will moderate because of rising interest rates according to a new report from British Columbia Real Estate Association examining the potential impacts of the likely Bank of Canada’s rate tightening. The report is written by BCREA Chief Economist and explores…

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Resurgence In The Market

West Vancouver Real EstateBy June ConwayJanuary 14, 2022Leave a comment

One sales trend that stood out in 2021 compared to 2020 was the resurgence in demand for West Vancouver apartments despite the continuing waves of Covid-19. On top of that, the number of new listings were down substantially compared to 2020.   Seller’s market conditions prevailed for most of 2021.   Click the video to…

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Demand outpacing supply

North Vancouver Real EstateBy June ConwayJanuary 13, 2022Leave a comment

North Vancouver 2021 apartment sales accounted for 48% of all NV residential sales. The balance was 34% and 18% for detached home and townhome sales respectively. Since 2016 apartment sales ‘crossed the line’ with more year-end sales than detached homes.  2021 was a record year for NV apartments sales and was +38% above 2020 and…

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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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