Canada’s Housing Market Snapshot
How did the Canadian housing market fare in 2020 with pandemic lockdowns? The Canadian Real Estate Association (CREA) was just released an infographic to show the year in review:
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West Vancouver Real Estate Snapshot
Generally, analysts say downward pressure on home prices occurs when the ratio dips below 12 per cent for a sustained period, while home prices often experience upward pressure when it surpasses 20 per cent over several months. West Vancouver sales-to-active listings ratio (SAR) for January 2020 was 8.5% for detached homes, 12.1% for condo’s and…
Real Estate Update – West Vancouver & North Vancouver
In West Vancouver, there were 29 sales in the month of January. The sales to new listings ratio was 21% which represents a buyer’s market. For January 2021, the sales to total active listings percentage was 9%, an increase from 6% in January 2020. Sales for January 2021 were up by 8 units compared to…
Real Estate Market Insights – Metro Vancouver
In the first month of 2021, Metro Vancouver’s* housing market continued the pattern set at the end of last year with home sale activity outpacing the supply of homes listed for sale. Areas included in Metro Vancouver are: Burnaby, Coquitlam, Maple Ridge, New Westminster, North Vancouver, Pitt Meadows, Port Coquitlam, Port Moody, Richmond, South Delta,…
Buying a home?
Helpful Advice: Get the basic knowledge you need before buying a home, plus useful advice to guide you throughout the process. Find it all here. Home listings on the Internet: Visit REALTOR.ca to view the latest home listings on whatever computer or device you’re using. Home listings app for your phone: Add our REALTOR.ca app…
West Vancouver House Market Activity 2020 Review
West Vancouver house sales increased for the second consecutive year and up +28% from last year despite the pandemic. Throughout 2020 WV monthly inventory was below the 10 year monthly average and since May the Months of Inventory trended below the 10 year monthly MOI resulting in West Vancouver’s House Price Index edging ever-to-slightly up!…
Real Estate Review Infograhic
Our local real estate board just created this great visual, a year-in-review infographic that tells the story of 2020 real estate housing market with images, icons, and statistics. Real Estate Board of Greater Vancouver areas includes: Burnaby, Coquitlam, Maple Ridge, New Westminster, North Vancouver, Pitt Meadows, Port Coquitlam, Port Moody, Richmond, South Delta, Squamish, Sunshine…
Selling your home?
Helpful Advice: Get the basic knowledge you need before selling your home, plus useful advice to guide you throughout the process. Home listings on the Internet: Find out at what price comparable houses in your area are listed. Visit REALTOR.ca to view the latest home listings on whatever computer or device you’re using. Home listings…