Search All Listings

Seller Resources

Buyer Resources

Mortgage Calculator

Real Estate Blog

Real Estate Insider October - North Vancouver

Sales is slowing down in North Vancouver. The sales-to-active ratio is 69.2% for condominiums and 44.2% for townhomes. This indicates that both property types are in a seller’s market. Demands for apartments and townhomes remain very strong, and their prices face an upward pressure. On the other hand, detached properties have come to a more balanced market, with a sales-to-active ratio of 19.7%.

Real Estate Insider October - West Vancouver

Sales is slowing down in West Vancouver. Currently, the sales-to-active ratio is 31.5% for condominiums and 22.2% for townhomes. This indicates that both property types are in a seller’s market. Demands for apartments and townhomes remain very strong, and their prices face an upward pressure.

Real Estate Insider October - Burnaby

Condo, townhome sales keep rising. In Burnaby, the sales-to-active ratio is 65.6% for condominiums and 51.5% for townhomes. This indicates that both property types are in a seller’s market. Demands for apartments and townhomes remain very strong, and their prices face an upward pressure.

Real Estate Insider October - TriCity

Condos continue to be hot in the Tri-Cities. The trend In the Tri-Cities housing market is similar to what has been seen across the Lower Mainland. Multi-family homes continue to be a popular choice, experiencing benchmark price increases that are far outpacing single-family homes.

Real Estate Insider October - New Westminster

Condo, townhome sales keep rising. Demands for apartments and townhomes are much higher than supplies. Therefore, their prices face an upward pressure. On the other hand, detached properties have come to a more balanced market, with a sales-to-active ratio of 20.6%. Due to its convenience and relatively lower price, New Westminster has been attracting first-time buyers and small home buyers.


Real Estate Insider October - Richmond

Sales of attached properties dropped in September, which means that their sales-to-active ratio dropped accordingly. Currently the sales-to-active ratio is 52.3% for an apartment, and 29.8% for a townhome. This indicates that they are still in a seller’s market, but their market demand is decreasing. Despite the drop of sales volume, the benchmark prices all three property types held steady and retained a slightly upward slope.

Real Estate Insider October - Vancouver East

Apartment sales are leading and the September housing market is stable. The trend In the Vancouver East housing market is similar to what has been seen across the Lower Mainland. Attached homes continue to be a popular choice, experiencing benchmark price increases that are far outpacing single-family homes.

Real Estate Insider October- Vancouver West

For the past 10 months, it is evident that Vancouver West housing market was deeply affected by all the new rules put in place recently. Properties worth more than $2 million are most affected by these changes. And this means that Vancouver West detached properties are the most impacted. We can see that for months, price growth slowed down and days on market lengthened. However, due to its great environment and good school systems, Vancouver West remains a popular area for home buyers. After more than 10 months of adjusting to the new legislation, consumer confidence is coming back. Sales volume picked up in September, while prices showed manageable growth.


Why are the Underground Oil Tanks so Dangerous?

In simple words, before 1960s most houses in Greater Vancouver were heated by burning furnace oil (with a few exception with coal). The oil was stored in tanks, usually of considerable size, and where buried in the front or back yard. When natural gas became popular, these tanks remained underground. Some tanks were emptied but some were not. Most older houses in Greater Vancouver have oil tanks.

69 Offers within 10 Days---How was this House Sold?

On February 26, 2016, a friend posted a photo of an outdoor late night line -up, which featured an impressive long line of realtors waiting to present their offers. The whole street was packed with people, which even caught the attention of the police