Metro Vancouver housing market shows resilience in 2023, ending the year in balanced territory
From the Real Estate Board of Greater Vancouver The housing market in Metro Vancouver concluded 2023 with a state of equilibrium, concealing a narrative of unexpected resilience amid the highest borrowing costs witnessed in over a decade. According to the Real Estate Board of Greater Vancouver (REBGV), the total residential sales for the region in 2023 were 26,249, reflecting a 10.3% reduction...
Foreclosure and Court Ordered Sales October 2023 Vancouver
Even in a city like Vancouver with a strong Real Estate market properties fall into Foreclosure or be subject to a Court Ordered Sale. I list and sell many foreclosure properties in the city of Vancouver, Burnaby, Richmond and the rest of the lower mainland. Working with an agent who knows how to deal with the banks, lawyers, and contract is vital....
308 1859 SPYGLASS PLACE, Vancouver | 668 sq ft condo | 1 bedroom 1 Bathroom | fully renovated | False Creek | Waterfront building on the sea wall | Indoor pool | $749,900
308 1859 SPYGLASS PLACE, Vancouver | 668 sq ft condo | 1 bedroom 1 Bathroom | fully renovated | False Creek | Waterfront building on the sea wall | Indoor pool | $749,900 Perfect False Creek location in Vancouver’s vibrant waterfront community. Fully renovated 1 bedroom + 1 bathroom boasts an abundance of natural light. Renovations include new kitchen, including cabinets and...
Vancouver Real Estate Market Update April 2023
According to the Real Estate Board of Greater Vancouver (REBGV), the Metro Vancouver housing market is experiencing renewed price growth this spring, with home prices across the region showing modest increases in March. However, new listings remain below long-term historical averages, indicating that sellers are still awaiting more favorable market conditions. In March 2023, there were 2,535 residential home sales in the...
Vancouver Commercial Real Estate Update April 2023
Sales and dollar volumes in the commercial real estate market of the Lower Mainland remained stable in 2022 despite the challenging headwinds brought about by the highest borrowing costs seen in over ten years. The market demonstrated impressive resilience, with sales activity and dollar volumes holding steady, despite the rising borrowing costs that typically drive down commercial real estate activity. According to...
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