< !DOCTYPE html> Vancouver Archives - Mark J. Walker
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Home Sales Down While Listings Increase Across Metro Vancouver

The Metro Vancouver housing market saw fewer home buyers and more home sellers in April.

The Real Estate Board of Greater Vancouver (REBGV) reports that residential property sales in the region totalled 2,579 in April 2018, a 27.4% decrease from the 3,553 sales recorded in April 2017, and a 2.5% increase compared to March 2018 when 2,517 homes sold.

Last … Read More

Market Worries Keep Buyers & Sellers on Sidelines

Market worries keep buyers and sellers on sidelines.  Home buyers and sellers were less active in Metro Vancouver throughout the first quarter of 2018.

The REBGV reports that residential home sales in the region totalled 2,517 in March 2018, a 29.7% decrease from the 3,579 sales recorded in March 2017, and a 14% increase compared to February 2018 when 2,207 … Read More

RE/MAX 2018 Spring Market Update Video Report

The RE/MAX 2018 Spring Market Update Video Report, is out!

Greater Vancouver continues to be a buyer’s market with great demand for condominiums. The foreign buyer’s tax and high prices for detached homes have had an impact on the low activity in January and February. With the new speculation tax, a lot of buyers are holding off on purchasing.

Greater

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Home Buyer Demand Depends on Property Type

Attached and apartment homes are in demand across Metro Vancouver while detached home buyers are facing less competition today.

The Real Estate Board of Greater Vancouver (REBGV) reports that residential home sales in the region totalled 1,818 in January 2018, a 19.4 per cent increase from the 1,523 sales recorded in January 2017, and a 9.8 per cent decrease compared … Read More

2018 Canadian Housing Report Forecasts 2.5% Uptick

Canadians continue to seek balance between affordability and amenities outside of major urban centres

RE/MAX 2018 Canadian Housing Report forecasts 2.5% uptick, in overall prices. This past year saw the single-family detached home and condo markets diverge on distinctly different paths in Canada’s two highest-priced real estate markets, Greater Vancouver and the Greater Toronto Area (GTA). The trend is expected … Read More

Northeast False Creek Plans Revealed

The City of Vancouver has released its conceptual plans for the redevelopment of Northeast False Creek, which entails the controversial demolition of the Georgia and Dunsmuir viaducts and the construction of an 11-acre extension of Creekside Park.

The new park designed by James Corner, the internationally renowned landscape architectural whose firm is behind New York City’s Highline Park, involves merging … Read More

Heated Year for Metro Vancouver Real Estate Concludes

The Metro Vancouver housing market had its third highest selling year on record in 2016, behind only 2015 and 2005.  Sales of detached, attached and apartment properties in the region reached 39,943 in 2016, a 5.6 per cent decrease from the 42,326 sales recorded in 2015, and a 20.6 per cent increase over the 33,116 residential sales in 2014.

“It Read More

Housing Starts Record Pace Won’t Alleviate Near-Term Market Imbalance

Despite the news of BC Housing starts record pace it won’t alleviate near-term market imbalance.  Metro Vancouver home sales eclipsed 5,000 in March for the first time on record. Residential property sales in the region totalled 5,173 in March 2016, an increase of 27.4 per cent from the 4,060 sales recorded in March 2015 and an increase of 24 per … Read More