Kitsilano condo sales up as supply stays low in May
Posted on Jun 07, 2023
Sales activity increased in Kitsilano’s condo market in May when compared to April as inventory levels remain below historical averages. Condo prices have been climbing since January and are now comparable to levels seen last November.
Here’s your Kits market snapshot:
Here’s your Kits market snapshot:
- Inventory Down 11%
- HPI Price Index Up 1.3%
- Sales Up 85%
- Avg Selling Price 102%
- Most...
SFU home prices climb again in May
Posted on Jun 07, 2023
June is upon us and so is your SFU monthly housing market snapshot.
- In May the SFU HPI price index continued to climb month to month. This is the sixth consecutive month of price gains.
- Home prices are now at levels comparable to those seen late summer last year but still below the peak experienced 12 months ago.
- Month to month sales while home inven...
Why you should invest in real estate
Posted on May 24, 2023
Everybody knows they real estate can be one of the best investments you can make in your life. You hear it a lot but let's break down why ..
1. Potential for long-term appreciation: Real estate tends to appreciate over time, which means that the value of your investment may increase in the long run.
2. Passive income: Real estate can generate passive...