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Sales and Listing Report for January 2022

Sales and Listing Report for January 2022

"If you have the courage to begin, you have the courage to succeed." David Viscott So you need to buy a home. Now is a good time to do so. There have always been challenges purchasing in one of the most expensive housing markets on the planet. It is still possible, though, to find the [...]
Sales and Listing Report for December 2021

Sales and Listing Report for December 2021

"Don’t wish it were easier. Wish you were better." Jim Rohn Brace for an interesting year in the housing market As the Metro Vancouver housing market comes off a record sales year, we are entering what could be the most interesting 12 months this region has ever seen.  The term ‘interesting’ can be seen in [...]
Sales and Listing Report for November 2021

Sales and Listing Report for November 2021

"Courage is found in unlikely places." J.R.R. Tolkien Condos alone can’t meet buyer demand Sales of condominium apartments accounted for 53 per cent of all housing sales in Greater Vancouver in November 2021, with a 33.3% surge in transactions compared to November of 2020, but the record-setting sales pace may underline desperation in the market. [...]
Sales and Listing Report for October 2021

Sales and Listing Report for October 2021

"In a gentle way, you can shake the world." Mahatma Gandhi Suburban safety valves close as prices rise in step The shocking shortage of homes for sale across Metro Vancouver has had the unsettling effects of levelling residential prices and stunting supply from Burrard Inlet to well south of the Fraser River. The suburban safety [...]
Sales and Listing Report for September 2021

Sales and Listing Report for September 2021

"Effort only fully releases its reward after a person refuses to quit." Napoleon Hill Election over but the effects will linger in Metro Vancouver The federal election is over and those who think nothing has changed should prepare themselves for some of the most intrusive legislation ever into the private-sector housing market. It has never [...]
Sales and Listing Report for August 2021

Sales and Listing Report for August 2021

"Between saying and doing, many a pair of shoes is worn out." Iris Murdoch Townhouse sector exposes razor-thin housing supply We are in the heat of a hastily-called federal election and housing is the central platform of the major parties, all of which say they will make housing more affordable for the so-called ‘missing middle’, [...]
Sales and Listing Report for July 2021

Sales and Listing Report for July 2021

"Believe you can and you’re halfway there." Theodore Roosevelt Reality of housing shortage exposed in July Sometimes you just have to shake your head at the reports we read about the Greater Vancouver housing market. Such as quotes from regional politicians about how much they care about making homes more affordable while continuing to restrict [...]
Sales and Listing Report for June 2021

Sales and Listing Report for June 2021

"We can't help everyone, but everyone can help someone." Satchel Paige Balanced market seen holding this summer June housing sales in Greater Vancouver were down 11.4% from May to the lowest level since January this year as the market wilted in the record-setting heat. Yet, with 3,842 transactions in the month, it remained the eighth-highest [...]
Sales and Listing Report for May 2021

Sales and Listing Report for May 2021

May home sales: $11 million an hour, 24 hours a day “Don’t look back. Something might be gaining on you.” Satchel Paige Like the weather itself in May, the Greater Vancouver housing market was unseasonably hot but with subtle signals of cooling. May marked the second consecutive month with sales declining in absolute numbers from [...]
Sales and Listing Report for April 2021

Sales and Listing Report for April 2021

April brings a shower of new listings With more than 10,000 homes for sale, fear of missing out eases “There are no shortcuts to any place worth going.” Beverly Sills The incredible boomerang in the Metro Vancouver housing market was never more apparent than this April, as total housing sales bounced back from the lowest [...]