Be in the know in 2020! Metro Vancouver real estate blog 

Burnaby condo market strengthens in August while SFU sees record high inventory

Posted on Sep 06, 2020

The Burnaby condo and townhouse market saw inventory, sales, and sale prices climb in August as summer approaches its end. Historically low interest rates, an improving labour market, and increased consumer confidance are all contributing to a rebounding real estate sector across the lower Mainland.

The Burnaby Mountain/SFU area however is still in...

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Fairview & Kitsilano lead Westside neighbourhoods in activity in August 

Posted on Sep 03, 2020

Fairview condo sales and activity remained strong in August and led Westside neighbourhoods alongside Kitsilano.
When compared to July inventory in Fairview decreased by 13%, sales jumped by 47%, and benchmark prices rose by 6.5%. Benchmark prices have been rising steadily since December and are now at levels similar to June 2019. Fairview is curren...

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Downtown condo market"balanced" in August as Coal Harbour rebounds

Posted on Sep 03, 2020

Current trends have all neighbourhoods, downtown, West End, Yaletown, and Coal Harbour in “balanced” market conditions. When compared to July inventory rose by 13%, sales decreased by 1%, and sale prices rose by 9%. Coal Harbour which had been in a buyer’s market for a prolonged period of time saw demand return.

Neighbourhood Breakdown For August

  • Dow...

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Kits condo market activity heats up in June as summer begins

Posted on Jul 18, 2020

Kitsilano’s condo and townhouse real estate market maintained its strong momentum in June and lead Westside neighbourhoods in condo sales activity for the month. It appears home buyers and sellers are becoming confidant and active as each month passes during the COVID 19 pandemic. Well priced homes are selling in competition and putting upwards pre...

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Will air travel ever be safe again?  Some predictions and perspective

Posted on Jun 08, 2020

With the air industry reeling since the COVID 19 pandemic began there has been a lot of speculation about how it might survive in a world in fear of germs and social distancing. Will it ever be safe to get on a plane again without fear of getting ill? Will flying return to being a hobby of only the rich? These Youtubers take a look into some of the...

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Burnaby Mountain remains in a "Buyers" market in May

Posted on Jun 02, 2020

The month of May saw real estate conditions remain in favour of home buyers for the Burnaby Mountain/SFU area as the lockdown and social distancing procedures of the COVID 19 continued.  Inventory and sales both rose slightly when compared to April.

Quick look at the Burnaby Mountain real estate market in May:

  • Sales happened on average with 21 days o...

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