December Real Estate Market Data & Insights
"Unsurprisingly the presale market was focused on current inventory over releasing new product which will be pushed into
"Unsurprisingly the presale market was focused on current inventory over releasing new product which will be pushed into
"Detached home
"We typically see inventory and sales transactions adjust down seasonally this late into the year so it’s not a su
2020 turned out to be a year that no one could have predicted, and that certainly rings true for Vancouver’s real estate industry.
"Another record-setting month in October with over 6000 MLS sales transactions across Greater Vancouver and the Fraser Valley along with strong absorptions in the presale ma
In 2017, the Cambie Street Corridor was one of the hottest pre-sale markets in the Lower Mainland. Like all other parts of the housing market over the past 24 months, both demand and supply have pulled back. In our analysis, we uncovere
"Momentum continued into September with record setting resale activity in some categories and many buyers opting for space further and further away from the Vancouver CBD.
"Activity remained strong in August including promising absorption of concrete product.
"Sales volumes remain steady within presale as townhomes continue to outperform and the economy recovers.” Suzana Goncalves EVP, SALES AND MARKETING; PARTNER, MLA CANADA
In the long term, Vancouver housing prices are heading one way — up.