Stability and regional 'hot spots' characterize January housing market

February 17th, 2011

The Greater Vancouver housing market remained in balanced market conditions in January, although higher levels of buyer demand were seen in some of the region’s largest communities.

The number of properties listed for sale and those sold on the Multiple Listing Service® (MLS®) last month outpaced the 10-year average in both categories for January.

“There was a healthy balance between the number ...

Macrealty January 2011 Market Update

February 10th, 2011

After the highly irregular and tumultuous real estate markets of 2008 and 2009, the BC real estate market returned to a relative state of normalcy in 2010. Canada seemingly avoided the worst of the turmoil of the great recession and this was reflected in the housing market, which bounced back quickly from the lows it saw in early 2009.

In Vancouver, an influx of new immigrant wealth, pri ...

The market is ON FIRE!!!

February 7th, 2011

The real estate market has taken off in some neighbourhoods and it is definitely working for sellers in the detached housing market and buyers in the condo market.

On the North Shore, there seems to also be a significant increase in interest in waterfront properties (which have been pretty slow for over a year) as well as in the West and North Vancouver markets generally.....we have been selli ...