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Blog by Don Kennedy

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VANCOUVER EAST NOVEMBER TOWNHOME MARKET

December 3rd, 2022
Attached please find the latest statistics from the Real Estate Board of Greater Vancouver.   The News Release predicts a potential renewed upward pressure on prices in coming months. This despite last month’s sales at 36.9 percent below the average for November and yet another rate hike possibly upcoming from the Bank of Canada. Already high interest rates are seen as the cause for lagging ...
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Posted in Vancouver Market

VANCOUVER EAST NOVEMBER TOWNHOME MARKET

December 3rd, 2022
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Posted in Vancouver Market

VANCOUVER EAST OCTOBER HOUSE MARKET

November 9th, 2022
The News Release reports that the Real Estate market is languishing near historic lows as last month’s sales dipped 33.3 percent under the 10-year October average. Rising interest rates and elevated inventory are causing downward pressure on value. New listings last month are 0.4 percent lower than October a year ago but the total inventory of listed properties is up 22.6 percent year to year ...
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Posted in Vancouver Market

VANCOUVER WEST OCTOBER APARTMENT MARKET

November 9th, 2022
Attached please find the latest statistics from the Real Estate Board of Greater Vancouver.   The News Release reports that the Real Estate market is languishing near historic lows as last month’s sales dipped 33.3 percent under the 10-year October average. Rising interest rates and elevated inventory are causing downward pressure on value. New listings last month are 0.4 percent lower than ...
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Posted in Vancouver Market

VANCOUVER EAST OCTOBER APARTMENT MARKET

November 9th, 2022
Attached please find the latest statistics from the Real Estate Board of Greater Vancouver.   The News Release reports that the Real Estate market is languishing near historic lows as last month’s sales dipped 33.3 percent under the 10-year October average. Rising interest rates and elevated inventory are causing downward pressure on value. New listings last month are 0.4 percent lower than ...
Read More

Posted in Vancouver Market

VANCOUVER WEST OCTOBER TOWNHOME MARKET

November 9th, 2022
Attached please find the latest statistics from the Real Estate Board of Greater Vancouver.   The News Release reports that the Real Estate market is languishing near historic lows as last month’s sales dipped 33.3 percent under the 10-year October average. Rising interest rates and elevated inventory are causing downward pressure on value. New listings last month are 0.4 percent lower than ...
Read More

Posted in Vancouver Market

VANCOUVER EAST OCTOBER TOWNHOME MARKET

November 9th, 2022
Attached please find the latest statistics from the Real Estate Board of Greater Vancouver.   The News Release reports that the Real Estate market is languishing near historic lows as last month’s sales dipped 33.3 percent under the 10-year October average. Rising interest rates and elevated inventory are causing downward pressure on value. New listings last month are 0.4 percent lower than ...
Read More

Posted in Vancouver Market

VANCOUVER WEST SEPTEMBER HOUSE MARKET

October 13th, 2022
Attached please find the latest statistics from the Real Estate Board of Greater Vancouver.   The News Release reports elevated Seller activity last month. Meanwhile, despite the growing inventory, Buyers are taking time to reflect in light of higher interest rates which curtail their purchasing power. As a result Real Estate sales show a dip to 35.7 percent below the 10 year average for Se ...
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Posted in Vancouver Market

VANCOUVER EAST SEPTEMBER HOUSE MARKET

October 13th, 2022
Attached please find the latest statistics from the Real Estate Board of Greater Vancouver.   The News Release reports elevated Seller activity last month. Meanwhile, despite the growing inventory, Buyers are taking time to reflect in light of higher interest rates which curtail their purchasing power. As a result Real Estate sales show a dip to 35.7 percent below the 10 year average for Se ...
Read More

Posted in Vancouver Market

VANCOUVER WEST SEPTEMBER APARTMENT MARKET

October 13th, 2022
Attached please find the latest statistics from the Real Estate Board of Greater Vancouver.   The News Release reports elevated Seller activity last month. Meanwhile, despite the growing inventory, Buyers are taking time to reflect in light of higher interest rates which curtail their purchasing power. As a result Real Estate sales show a dip to 35.7 percent below the 10 year average for Se ...
Read More

Posted in Vancouver Market

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