Vancouver real estate prices continue climb, projected to skyrocketThe Globe and MailThe average price of new and existing detached houses sold within the city of Vancouver has topped $1.9-million. An eye-popping projection by Vancouver City Savings Credit Union calls for the average detached price … [Read more...] about Vancouver real estate prices continue climb, projected to skyrocket – The Globe and Mail
Metro Vancouver home sales up significantly over last year – CTV News
CTV NewsThe number of homes sold in Metro Vancouver this March was much higher than the 10-year average for the month, and in the Fraser Valley, sales are the highest they've been in nine years. Patrick Melanson has seen the boom firsthand. The Fort Langley ...and more ...read more … [Read more...] about Metro Vancouver home sales up significantly over last year – CTV News
Why are Vancouver homes among the most expensive in North America? – Financial Times
Financial TimesFor more than 10 years, Chinese buyers have dominated the upper end of the real-estate market in Vancouver, snapping up some of the most expensive properties and pushing prices to record levels. In December, one estate was sold to a businessman from ...and more ...read more … [Read more...] about Why are Vancouver homes among the most expensive in North America? – Financial Times
Home sales soar in Richmond – Richmond Review
Home sales soar in RichmondRichmond ReviewMarch was a good month for local real estate sales, with the number of sold condos, townhouses and single family homes all up substantially over the previous month. According to the latest figures from the Real Estate Board of Greater Vancouver, March's … [Read more...] about Home sales soar in Richmond – Richmond Review
Already strong markets have a great start to spring – Canadian Mortgage Broker News
Canadian Mortgage Broker NewsVancouver, which is one of the most expensive and active markets in Canada, posted a massive 53.5 per cent increase in year-over-year sales last month, as the Home Price Index composite benchmark hiked 7.2 per cent to $660,700. The benchmark price ...and more ...read … [Read more...] about Already strong markets have a great start to spring – Canadian Mortgage Broker News
Vancouver average home-sale price tops $1 million – The Seattle Times
Vancouver average home-sale price tops $1 millionThe Seattle TimesThe average price was 16 percent higher than a year ago after transactions surged 54 percent to 4,060 homes in the Canadian city's metropolitan area, the Greater Vancouver Real Estate Board said Thursday. The supply of properties in … [Read more...] about Vancouver average home-sale price tops $1 million – The Seattle Times
March sales surge pushes up Metro house prices – Vancouver Sun
Vancouver SunA surge of buyers into Lower Mainland real estate markets in March, along with limited inventory, pushed values for detached homes to new heights, with the average house price in Metro Vancouver topping $1.4 million for the first time. The spike in sales has ...and more ...read more … [Read more...] about March sales surge pushes up Metro house prices – Vancouver Sun
Barbara Yaffe: Vancouver home buyers unfazed by skyrocketing prices – Vancouver Sun
Vancouver SunIt is bizarre; the higher house prices climb in the Vancouver area, the more people are rushing to buy. How else to interpret some dramatic new numbers from the Real Estate Board of Greater Vancouver. According to the board, 2,641 housing purchases were ...and more ...read more … [Read more...] about Barbara Yaffe: Vancouver home buyers unfazed by skyrocketing prices – Vancouver Sun
Greater Vancouver’s housing market is on the rise – The Globe and Mail (subscription)
The Globe and Mail (subscription)Greater Vancouver's housing market is booming this spring as residential sales soar and prices hit record highs, placing sellers in a strong position. There were 4,060 single-family detached homes, condos and townhouses that sold in the region last month on ...and … [Read more...] about Greater Vancouver’s housing market is on the rise – The Globe and Mail (subscription)
Metro Vancouver detached homes hit record high for 10th straight month – Business in Vancouver
Business in VancouverPast presidents of the REBGV have explained to Business in Vancouver that conventional real estate wisdom is that a market is considered to be a buyers' market when the sales-to-active-listings ratio is below 13%. It is considered a sellers' market when the ...and more ...read … [Read more...] about Metro Vancouver detached homes hit record high for 10th straight month – Business in Vancouver