June 2018

Most active price range downtown Vancouver in May is condos $500K to $600K 

Posted on Jun 15, 2018



Vancouver’s downtown condo and townhouse real estate market in June  saw home inventory rise to the highest level in 12 months. Despite the increase it remains a Seller’s market Downtown, Westend, and Yaletown with the greatest demand for one bedroom condos. Coal Harbour has shifted into an upper balanced market.

The overall list to sales ratio for d...

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Burnaby mountain condos selling on average 3% above list price in May

Posted on Jun 15, 2018

 The Burnaby mountain SFU condo and townhouse real estate market remained one of the best neighbourhoods in Burnaby to be selling. The overall list to sales ratio was 80%, with 20 listings and 16 sales, which means upwards pressure on prices for most homes.  

Here’s the breakdown for condos and town homes in Burnaby  in May:

Overall Burnaby is in a Sel...

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Kitsilano best neighbourhood on Westside to be selling in May

Posted on Jun 15, 2018

Kitsilano’s condo and townhouse real estate market led the Westside in terms of demand and activity in May with 52 sales in the month. 

Here’s the breakdown for condo’s & town homes on Vancouver’s Westside in December:

Overall a Sellers market at 32% list to sales ration, down from 38% in April.  The most active price range was for homes priced...

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Metro Vancouver Housing market balancing out in May

Posted on Jun 11, 2018

Home buyer demand continues to decline across the Metro Vancouver* housing market.The Real Estate Board of Greater Vancouver (REBGV) reports that residential property sales in the region totalled 2,833 in May 2018, a 35.1 per cent decrease from the 4,364 sales recorded in May 2017, and a 9.8 per cent increase compared to April 2018 when 2,579 homes...

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