INTERIOR JANUARY MARKET STATS Like in the Lower Mainland, rising interest rates have caused a decline in demand and impacted the post-pandemic market gains across markets in the Interior region of BC. We expect the trend to persist in 2023 as market activity slows and buyers and sellers negotiate

JANUARY PRE-SALE REAL ESTATE MARKET INSIGHTS “The Lunar New Year sales sprint this year in the presale market did not disappoint – with several programs offering aggressive incentives and reporting strong resulting absorptions to match. Many buyers are now actively re-entering the market and

The recent increase in key lending rates has sparked major concerns among Canadians, particularly those looking to buy a home. The housing market in Canada is facing challenges, but the Bank of Canada's recent announcement about a potential pause in the rate cycle may lead to normalized conditions

The wild ride that was in 2022 is now in the rearview mirror. Yet, 2023 is a place of hope for many industry participants and hopeful homebuyers. The coming weeks will see the release of our annual MLA Intel report, an examination of current market trends and their relation to fundamentals that

What 2022 Brought Forth in the Central Okanagan Real Estate Market The first quarter of 2022 had a heightened level of market activity in Kelowna, driven in part by the low-interest rate. This led to a surge in demand for real estate, resulting in all-time high property values and a lack of new

The last year was a policy shock, especially regarding interest rates and their effect on mortgage rates. MLA Advisory reached out to Mortgage Specialist and Owner of Nest Mortgage Scott Gingles as our mortgage expert to shed some light on what we might expect from the coming year. Here, Scott

December 2022 Greater Vancouver Real Estate Market Insights Welcome to the January 2023 episode of the Presale Pulse, a real estate show brought to you by hosts Ryan Lalonde and Suzana Goncalves. Watch the video to understand the latest macroeconomics, pre-sale, and resale trends over the last 30

DECEMBER PRE-SALE MARKET CLOSES OUT THE YEAR STRONG As expected, December inventory levels were down allowing for a strong same month sales absorption. All eyes will be on Lunar New Year Incentives as programs aim to hit presale requirements and new programs test market depth on larger scale

The last month of 2022 wrapped up a year of increasingly suppressed market activity. 2022 began by building on the steam of a strong 2021 market, with consumer confidence resurging post-pandemic, fuelled by historically low borrowing rates. However, early in 2022, sales began reverting to