July 2024 Trending Topic: MLA Black Book 2024

The July 2024 edition of the Presale Pulse Trending Topic explores the insights from the bi-annual Blackbook, a comprehensive review and forecast for Metro Vancouver and Fraser Valley's presale market. Analyzing data from the year's first half, the Advisory team projected 68 launches with
Real Estate News

Must Watch Okanagan Projects Coming This Summer  

2 weeks ago
This summer has brought with it some truly remarkable Okanagan real estate projects, thoughtfully enhanced to showcase their finest features. All three developments bring a renewed appeal with stunning designs, prime locations, and exceptional amenities. For homebuyers and realtors, the revitalized
Real Estate News

Mid-Year Market Insights: Comparing 2024's Predictions to Our Current Realities 

2 weeks ago
In January of this year, our Advisory team made predictions around what 2024 might hold in the yearly MLA Intel Report. As we pass the halfway point of the year, we will soon release this year’s Black Book, our comprehensive mid-year market update. In the evolving dynamics of real estate in the
Real Estate News

Metro Vancouver Rental Market: Stability Amidst High Demand

1 month ago
The rental market in Metro Vancouver remains fiercely competitive, characterized by low vacancy rates and stable rent growth, reflecting a sustained high demand. While the pace of rent appreciation has decelerated compared to the previous two years, new developments continue to attract significant
Real Estate News

The Bank of Canada Rate Cut: A Potential Spring Turnaround for Presale 

1 month ago
This spring’s presale market in the Lower Mainland has left many in the industry disappointed, with lacklustre activity and a palpable sense of uncertainty. However, the recent announcement from the Bank of Canada cutting the target overnight rate by 25 basis points to 4.75% could be the catalyst
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Calgary’s Missing Middle Housing Initiative’s Effect on Presale

1 month ago
Calgary's real estate market has been witnessing a significant uptick in both pricing and activity levels. As of recent reports, the city is experiencing a seller's market with consistent price growth across various property types. This rise in market activity aligns with escalating rental rates
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Looking at Burnaby: Increasing Action in Metrotown and Brentwood

2 months ago
Burnaby’s market has been dynamic for some time now, with fluctuating sales, rising prices and increased inventory. Despite high interest rates, it’s currently alive with activity, particularly for condominium product. Burnaby's condo market has demonstrated impressive resilience, with price
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West Coquitlam Spotlight: Upcoming Presale Opportunities

2 months ago
West Coquitlam's real estate market is buzzing with activity. As one of the region's most interesting submarkets, West Coquitlam's development landscape is vibrant, characterized by significant activity in both the condominium and townhome sectors. Market Dynamics and Trends West Coquitlam
Real Estate News

Federal Budget 2024: Addressing Housing Affordability and Economic Equity 

2 months ago
The 2024 Federal Budget, as unveiled by Finance Minister Chrystia Freeland in April, marks a significant shift toward addressing the concerns of younger generations with substantial measures aimed at improving housing affordability and availability. With the problem well established, this Budget
Real Estate News

Spring Real Estate Outlook: New Launches to Watch

2 months ago
This spring, the real estate market has seen a significant rise in momentum with more developers launching new projects and taking advantage of the typically heightened seasonal demand. March saw a remarkable increase in presale activity compared to the same period last year, with major launches