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Blog by Don Kennedy

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VANCOUVER EAST AUGUST TOWNHOME MARKET

September 10th, 2024
Attached please find the latest statistics from the Real Estate Board of Greater Vancouver.   The News Release has hopeful overtones even while Buyers remain shy and inventory continues to increase. Fall traditionally being a more active time and a series of recent cuts by the Bank of Canada are reasons for this optimism. Currently though, the market is balanced. Total inventory last month ...

VANCOUVER WEST JULY HOUSE MARKET

August 12th, 2024
Attached please find the latest statistics from the Real Estate Board of Greater Vancouver.   The News Release expresses surprise that recent declines in the Bank of Canada’s rate have not yet done enough to mitigate Buyer reticence. There is also a reminder that this is early days and it may take some months for these lower rates to influence higher sales. In the meantime inventory continu ...

VANCOUVER EAST JULY HOUSE MARKET

August 12th, 2024
Attached please find the latest statistics from the Real Estate Board of Greater Vancouver.   The News Release expresses surprise that recent declines in the Bank of Canada’s rate have not yet done enough to mitigate Buyer reticence. There is also a reminder that this is early days and it may take some months for these lower rates to influence higher sales. In the meantime inventory continu ...

VANCOUVER EAST JULY HOUSE MARKET

August 12th, 2024
Attached please find the latest statistics from the Real Estate Board of Greater Vancouver.   The News Release expresses surprise that recent declines in the Bank of Canada’s rate have not yet done enough to mitigate Buyer reticence. There is also a reminder that this is early days and it may take some months for these lower rates to influence higher sales. In the meantime inventory continu ...

VANCOUVER WEST JULY APARTMENT MARKET

August 12th, 2024
Attached please find the latest statistics from the Real Estate Board of Greater Vancouver.   The News Release expresses surprise that recent declines in the Bank of Canada’s rate have not yet done enough to mitigate Buyer reticence. There is also a reminder that this is early days and it may take some months for these lower rates to influence higher sales. In the meantime inventory continu ...

VANCOUVER EAST JULY APARTMENT MARKET

August 12th, 2024
Attached please find the latest statistics from the Real Estate Board of Greater Vancouver.   The News Release expresses surprise that recent declines in the Bank of Canada’s rate have not yet done enough to mitigate Buyer reticence. There is also a reminder that this is early days and it may take some months for these lower rates to influence higher sales. In the meantime inventory continu ...

VANCOUVER WEST JULY TOWNHOME MARKET

August 12th, 2024
Attached please find the latest statistics from the Real Estate Board of Greater Vancouver.   The News Release expresses surprise that recent declines in the Bank of Canada’s rate have not yet done enough to mitigate Buyer reticence. There is also a reminder that this is early days and it may take some months for these lower rates to influence higher sales. In the meantime inventory continu ...

VANCOUVER EAST JULY TOWNHOME MARKET

August 12th, 2024
Attached please find the latest statistics from the Real Estate Board of Greater Vancouver.   The News Release expresses surprise that recent declines in the Bank of Canada’s rate have not yet done enough to mitigate Buyer reticence. There is also a reminder that this is early days and it may take some months for these lower rates to influence higher sales. In the meantime inventory continu ...

VANCOUVER WEST JUNE HOUSE MARKET

July 15th, 2024
Attached please find the latest statistics from the Real Estate Board of Greater Vancouver.   The News Release notes that well price properties are still selling quickly and another interest rate cut this summer could boost affordability enough to bring hesitant Buyers in from the sideline. Meantime Sellers have returned to the market in numbers but Buyer shyness has caused inventory to gro ...

VANCOUVER EAST JUNE HOUSE MARKET

July 15th, 2024
Attached please find the latest statistics from the Real Estate Board of Greater Vancouver.   The News Release notes that well price properties are still selling quickly and another interest rate cut this summer could boost affordability enough to bring hesitant Buyers in from the sideline. Meantime Sellers have returned to the market in numbers but Buyer shyness has caused inventory to gro ...
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