Vancouver Real Estate Market

  • October 2020

  • City of Vancouver – Weekly Vancouver Real Estate Market Update – Week 42 (October 17th, 2020)

    Week 42 – Vancouver Real Estate Week in Review (October 11th – October 17th, 2020)

    October 18, 2020

    Week 42 – Market Update Overall, this last week showed increasing signs of weakness in our market. We are still in Balanced Market territory, but we moved pretty significantly towards (from 4.45 to 5.47) a Buyer’s Market (a buyer’s market […]

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  • City of Vancouver - Weekly Vancouver Real Estate Market Update - Week 41 (October 10th, 2020)

    Week 41 – Vancouver Real Estate Week in Review (October 4th – October 10th, 2020)

    October 11, 2020

    Week 41 – Market Update This past week the overall market remained in Balanced Market territory. The months of inventory edged down slightly to 4.45 from 4.62. Sales rose to their 2nd highest weekly level of the year (234) while […]

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  • September 2020 - Monthly Vancouver Real Estate Update - INFOGRAPHIC

    September 2020 – Monthly Vancouver Real Estate Update

    October 8, 2020

    Summary September isn’t usually a record month in the Vancouver real estate market. Typically, it’s a bit slower as people return to their routines after summer. There’s often a bit of a summer hang-over before the fall market really gets […]

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  • City of Vancouver - Weekly Vancouver Real Estate Market Update - Week 40 (October 3rd, 2020)

    Week 40 – Vancouver Real Estate Week in Review (September 27th – October 3rd, 2020)

    October 5, 2020

    Week 40 – Market Update Last week the market hovered just above Seller’s Market territory. This past week, sales slowed a little (down by about 10% to 224 from a 2020 high of 249) while new listings continued to rise […]

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  • September 2020

  • City of Vancouver - Weekly Vancouver Real Estate Market Update - Week 39 (September 26th, 2020)

    Week 39 – Vancouver Real Estate Week in Review (September 20th – September 26th, 2020)

    September 27, 2020

    Week 39 – Market Update The fall market appears to be in full swing. We set records for 2020 on all fronts (New Listings, Total Active Listings as well as Sales). It’s a positive sign to see this level of […]

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  • City of Vancouver - Weekly Vancouver Real Estate Market Update - Week 38 (September 19th, 2020)

    Week 38 – Vancouver Real Estate Week in Review (September 13th – September 19th, 2020)

    September 21, 2020

    Week 38 – Market Update Overview The Vancouver real estate market saw higher activity levels continue in Week 38 (September 13th – September 19th, 2020). We had one quieter week for sales in the previous week, but that did not […]

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  • Week 37 – Vancouver Real Estate Week in Review (September 6th – September 12th, 2020)

    September 13, 2020

    Week 37 – Market Update Overview After three extremely busy weeks in the Vancouver real estate market, the past week saw a shift in the pattern. The last three weeks saw inventory remain level, while sales hit highs for the […]

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  • August 2020 - Vancouver real estate monthly market update

    August 2020 – Vancouver Real Estate Market Update

    September 10, 2020

    Summary We have come a very long way since April. This August saw one of the strongest performances for the month in the last 5 years. Normally, August is one of the quietest months of the summer as everyone packs […]

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  • City of Vancouver - Weekly Vancouver Real Estate Market Update - Week 36 (September 5th, 2020)

    Week 36 – Vancouver Real Estate Week in Review (August 30th – September 5th, 2020)

    September 6, 2020

    Week 36 – Market Update Overview It was yet another busy week for Vancouver real estate. The typical pattern we usually see leading up to the Labour Day long weekend is one of subdued activity. In this unusual year, that […]

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  • August 2020

  • City of Vancouver - Weekly Vancouver Real Estate Stats - Week 35 (August 29th, 2020)

    Week 35 – Vancouver Real Estate Week in Review (August 23rd – August 29th, 2020)

    August 31, 2020

    Week 35 – Market Update Overview Summer vacation is most definitely over for Vancouver real estate. Week 35 continued the torrid pace set by the previous week. Both sales and new listings hit highs for 2020…reaching 227 sales this past […]

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  • City of Vancouver - Weekly Vancouver Real Estate Stats - Week 34 (August 22nd, 2020)

    Week 34 – Vancouver Real Estate Week in Review (August 16th – August 22nd, 2020)

    August 23, 2020

    Week 34 – Market Update Overview Well, THAT took a quick turn. After we had a dip in sales for the first couple of weeks of August, this past week reversed the trend and took a big jump forward. In […]

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  • East Vancouver - Townhouses - Weekly Vancouver Real Estate Stats - Week 33 (August 15th, 2020)

    Week 33 – Vancouver Real Estate Week in Review (August 9th – August 15th, 2020)

    August 18, 2020

    Week 33 – Market Update Overview For a second week, sales were subdued and listings increased. The recovery in activity levels from the lows we saw in April appear to have stalled in July. August so far, has been a […]

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  • East Vancouver - Townhouses - Weekly Vancouver Real Estate Stats - Week 33 (August 8th, 2020)

    Week 32 – Vancouver Real Estate Week in Review (August 2nd – August 8th, 2020)

    August 9, 2020

    Week 32 – Market Update Overview After a brief week of respite, inventory levels generally increased this past week once again. Meanwhile, sales numbers dipped…albeit only slightly. East Vancouver houses continue to be the market hotspot. Sales dipped here from […]

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  • July 2020 – Vancouver Real Estate Market Update

    August 8, 2020

    Summary July continued the trend of improvement in market activity. The worst month was April and since then each subsequent month has increased activity levels. Across the board, there were positive improvements over June. Sales were up 19% over the […]

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  • July 2020

  • East Vancouver - Townhouses - Weekly Vancouver Real Estate Stats - Week 30 (July 25th, 2020)

    Week 30 – Vancouver Real Estate Week in Review (July 19th – July 25th, 2020)

    July 26, 2020

    Week 30 – Market Update Overview The keyword of the week is consistency. For the most part, the pattern established over the course of the last month has held fairly firm for the Vancouver real estate market. Sales are hovering […]

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  • East Vancouver- Townhouses - Weekly Vancouver Real Estate Stats - Week 29 (July 18th, 2020)

    Week 29 – Vancouver Real Estate Week in Review (July 12th – July 18th, 2020)

    July 19, 2020

    Week 29 – Market Update Overview The “spring” market continues so far this summer in Vancouver,. Overall, listings rose in just about every category across the city this past week. New listings continued to come onto the market as sellers […]

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  • East Vancouver- Houses - Weekly Vancouver Real Estate Stats - Week 28 (July 11th, 2020)

    Week 28 – Vancouver Real Estate Week in Review (July 5th – July 11th, 2020)

    July 12, 2020

    Week 28 – Market Update Overview The market continues to behave more like the early spring than summer. That seems somewhat appropriate given the weather in recent weeks…but it’s not typical of this time of year. This week saw a […]

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  • June 2020 - Vancouver Real Estate - Monthly Infographic

    June 2020 – Vancouver Real Estate Market Update

    July 6, 2020

    Summary The rebounding trend that began in May continued in June. Every indicator (except price) moved in a positive direction this past month. Sales were up nearly 60% from last month (and almost 19% from the previous year). While new […]

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  • East Vancouver - Houses - Weekly Vancouver Real Estate Stats - Week 27 (July 4th, 2020)

    Week 27 – Vancouver Real Estate Week in Review (July 28th – July 4th, 2020)

    July 5, 2020

    Week 27 – Market Update Overview Mostly, the last week saw the trends we’ve been following in the last few weeks continue. Inventory levels are levelling while sales continue to increase. As I mentioned last week, we do need to […]

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  • June 2020

  • Vancouver West - Townhouses - Weekly Vancouver Real Estate Stats - Week 26 (June 27th, 2020)

    Week 26 – Vancouver Real Estate Week in Review (June 21st – June 27th, 2020)

    June 28, 2020

    Week 26 – Market Update Overview This was another good week for the Vancouver real estate market. That is, at least in relative terms. Activity is significantly below what is normal for this time of year. However, across the board […]

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  • East Vancouver - Townhouses - Weekly Vancouver Real Estate Stats - Week 25 (June 20th, 2020)

    Week 25 – Vancouver Real Estate Week in Review (June 14th – June 20th, 2020)

    June 21, 2020

    Week 25 – Market Update Overview This was another week where there were many signs of improvements in the Vancouver real estate market. Pretty much across the board there were increasing levels of activity. The boost we are seeing right […]

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  • Week 24 – Vancouver Real Estate Week in Review (June 7th – June 13th, 2020)

    June 14, 2020

    Week 24 – Market Update Overview This past week in the Vancouver real estate market was generally flat, with marginal signs of improvement. The general trend is that sales are increasing modestly along with total active listings. For the most […]

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  • Weekly Stats - East Vancouver Townhouses - May 31 2020 - Jun 6 2020

    Week 23 – Vancouver Real Estate Week in Review (May 31st – June 6th, 2020)

    June 7, 2020

    Week 23 – Market Update Overview If I was to characterize the week, it would be to say that it held it’s own. The market did not (generally) trend positively or negatively. So, after seeing last week improve considerably over […]

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  • May 2020 - Vancouver real estate statistics infographic

    May 2020 – Vancouver Real Estate Market Update

    June 2, 2020

    May appeared to be an improvement on April. Most indicators flashed positively for the month. Specifically, sales were up 36% from the previous month. New listings were also up strongly by 57% from April. However, total active listings held fairly […]

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  • May 2020

  • Weekly Stats - Downtown Vancouver Apartments - May 23 2020 - May 30 2020

    Week 22 – Vancouver Real Estate Week in Review (May 24th – May 30th, 2020)

    May 31, 2020

    Week 22 – Market Update Overview For the second week in a row the 22nd week of 2020 flashed some promising signals. This was by no means a good week in terms of the Vancouver real estate market. However, given […]

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  • April 2020 Vancouver Real Estate Stats

    April 2020 – Market Update – Real Estate

    May 5, 2020

    April was our first full month of the COVID-19 pandemic. Our real estate numbers reflect this reality….with sales at their lowest for the month since April 1982. While I was alive at the time, I was barely in elementary school. […]

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  • April 2020

  • March 2020 - Infographic

    March 2020 – Market Update – Real Estate

    April 7, 2020

    March was a month of two markets.  It began with a bang and ended with a fizzle. The difference? The impact of COVID-19 and social distancing. March was a good month in comparison to a year ago. The first two […]

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  • November 2019

  • November 2019 – Market Update – Real Estate

    November 14, 2019

    October 2019 Market Update With a third month of things moving in a positive direction, I think we can confidently say that the positive direction the market has taken is firmly in place. The strongest indicator is the total sales […]

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  • September 2019

  • Sep 2019 – Market Update – Real Estate

    September 6, 2019

    August 2019 Market Update Remember my commentary from last month? Things had turned positive for the first time this year, but I said just one month didn’t make a trend. Well, this past month continued the direction the market took […]

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  • August 2019

  • Aug 2019 – Market Update – Vancouver Real Estate

    August 19, 2019

    July 2019 Market Update This time of year is typically one of the quieter periods for Vancouver real estate (second only to the December – January timeframe…both coinciding with when most of our clients take vacation). Just when no one […]

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  • July 2019

  • July 2019 – Market Update – Vancouver Real Estate

    July 5, 2019

    June 2019 Market Update We hit a new high for the number of listings this year in the month of May. I’ve seen some reports making a big deal of this, but honestly I don’t believe it to be. The […]

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  • June 2019

  • June 2019 – Market Update – Vancouver Real Estate

    June 11, 2019

    May 2019 Market Update We hit a new high for the number of listings this year in the month of May. I’ve seen some reports making a big deal of this, but honestly I don’t believe it to be. The […]

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  • May 2019

  • May 2019 Market Update – Vancouver Real Estate

    May 7, 2019

    April 2019 Market Update This month appears to be an inflection point, make-it or break-it time. Looking at the overall trends, our real estate market looks grim. Sales are at a 24 year low for the month (and down nearly […]

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  • April 2019

  • April 2019 Market Update – Vancouver Real Estate

    April 3, 2019

    March 2019 Market Update Well, the Vancouver real estate market didn’t change direction in the last month. It’s still trending downward in terms of sales and prices, and trending upward in terms of inventory. As has been well reported in […]

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  • March 2019

  • March 2019 Market Update – Vancouver Real Estate

    March 1, 2019

    February 2019 Market Update Last month reflects a fairly natural progression of an historical pattern. Our market showed signs of coming to life in February after a fairly quiet December and January. That life was reflected in a strong uptick […]

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  • May 2017

  • 1758 East 4th Ave – This one has it all – Space, Charm, Condition, Location and Revenue!

    May 29, 2017

    This one has it all – Space, Charm, Condition, Location and Revenue! 1758 East 4th Avenue List Price: $1,298,000 | MLS#R2171208 Details: 4 bed + den, 2 bath  | 1689 sf home, 2500 sf lot For more information visit our […]

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  • March 2017

  • March 2017 MARKET UPDATE – VANCOUVER REAL ESTATE

    March 10, 2017

    The statistics for the month of February reflect a market that is coming to life after a quieter fall and winter. In almost every meaningful measurement we are seeing an upward trajectory. The one area that continues to show weakness […]

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