December 2018

Happy Holidays & New Year from Dean Wegman & Co

Posted on Dec 24, 2018

Wishing you a happy holidays and wonderful 2019! 

We look forward to continue being your trusted real estate advisors and helping you with any future real estate


Dean Wegman

Sutton Group West Coast Realty

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Home inventory & sales decline across most regions of Metro Vancouver 

Posted on Dec 10, 2018

Thinking of buying or selling? Over 10 years of serving clients in the Metro Vancouver area. 

Want a more detailed SnapsStats report for a region of Metro Vancouver delivered each month? Click here to sign up for free updates to your inbox each month.  

All stats derived from Dean Wegman & SnapStats.

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Kitsilano Update: Kitsilano leads Westside neighbourhoods in November

Posted on Dec 07, 2018

 Condos & Townhomes - Conditions in November favouring Seller’s

Vancouver’s westside and Kitsilano were in a “Seller’s” market in November while the market continues to adjust to the new mortgage rules introduced earlier in the year by the provincial government.

How do we know? List to Sales Ratio 

  • A buyer’s market has a 0-12% list to sales ratio
  • A bal...

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Downtown Update: Sales decrease since October but prices edge up 8%

Posted on Dec 07, 2018

Vancouver’s downtown condo and townhouse real estate market saw a 18% decrease in condo sales, an inventory decrease of 4%, and an increase in sale prices of 8% in November compared to October. 

Current trends put the downtown, Yaletown, and West End markets in a “balanced” market. Coal Harbour saw the least demand in November and is in a “Buyer’s...

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November home sales lowest since 2008 as buyers take wait & see approach - REBGV

Posted on Dec 04, 2018

Home buyer demand remains below long-term historical averages in the Metro Vancouver* housing market.

The Real Estate Board of Greater Vancouver (REBGV) reports that residential home sales totalled 1,608 in the region in November 2018, a 42.5 per cent decrease from the 2,795 sales recorded in November 2017, and an 18.2 per cent decrease compared to...

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