Vancouver, B.C. – December 2, 2020 – Housing demand in Metro Vancouver* continues to outpace historical averages with November sales eclipsing 3,000 for the first time since 2015. The Real Estate Board of Greater Vancouver (REBGV) reports that residential home sales in the region totalled 3,064 in November 2020, a 22.7 per cent increase from…
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VANCOUVER, BC – November 3, 2020 – Home sale and new listing activity remained at near record levels across Metro Vancouver* in October. The Real Estate Board of Greater Vancouver (REBGV) reports that residential home sales in the region totalled 3,687 in October 2020, a 29 per cent increase from the 2,858 sales recorded in…
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VANCOUVER, BC – August 5, 2020 – Home buyer and seller activity in Metro Vancouver* exceeded historical levels in July. https://www.youtube.com/watch?v=hqZ8dOBVlrs Metro Vancouver housing market sees steady summer activity Home buyer and seller activity in Metro Vancouver exceeded historical levels in July. The Real Estate Board of Greater Vancouver (REBGV) reports that residential home sales…
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What is Sales to Active Listings Ratio? The Sales to Active Listings Ratio (SAR) is the percentage of listings sold versus the number of active listings in a day. In a seller's market, the sales-to-active listings ratio is greater than 20%. In a balanced market, the sales-to-active listings ratio is between 12% to 20%. In…
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VANCOUVER, BC – May 4, 2020 – While Metro Vancouver* home sale and listing activity remains limited by the COVID-19 situation, REALTORS® across the region are fast adopting new tools and practices to help advise and serve their clients in a responsible way. https://www.youtube.com/watch?v=WGMjJCrcr1g&feature=youtu.be Home sales and listings down amid COVID-19 The Real Estate Board…
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The stats are in and here is the Vancouver Real Estate Market Monthly Update November 2019 from REGBV. Homes Sales Return to Historically Typical Levels “After a quieter first half of 2019, home buyer activity has returned to more historically typical levels in Metro Vancouver. The Real Estate Board of Greater Vancouver (REBGV) reports that residential…
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Home listings increase while buyers remain in holding pattern In metro Vancouver buyer activity continues to remain under historical averages. While this may be the case, home listings continue to increase. What does this mean for the Vancouver market? Is this a buyers market? The Real Estate Board of Greater Vancouver (REBGV) REBGV reports that…
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Luxury Home Sales Plummeted in 2018! Don't think that the decline in sales in the Vancouver market is only affecting one section. Luxury home sales are taking a decline as well, actually even more so. Homes that sold for over $1 million fell 26% to 3,151 units sold in 2018 from 4,282 units sold in…
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Simple Moving with Just One Hour A Day Imagine you have just been given a brand-new home completely free. The catch is, you must be ready to move out of your current home and fully moved into this new home by tomorrow evening. Would that be a stressful situation? Most definitely! However, with the current…
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Getting to Know Yaletown - A Brief History One of Vancouver’s most sought-after neighbourhoods, wasn’t always the bustling hub of new food and new trends that it is today. For those unsure, Yaletown is considered to be the area North of Pacific Boulevard and between Nelson and Drake Streets. Currently, it is home to restaurants,…
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