Greater Vancouver real estate developers are launching less units – a lot less. MLA Canada numbers show July saw the fewest new pre-sale units launched in years. Developers have been delaying new releases in response to weak absorption. Fewer launches did help to firm up the absorption ratio, but even with the “firming” sales came […]
Greater Vancouver condo sales are up, but prices fell even further last month. Real Estate Board of Greater Vancouver (REBGV) numbers show a big jump in sales in July. However, the double digit jump in volume wasn’t quite enough to bring prices higher. The price of a typical condo continued to slide, falling to a […]
Greater Vancouver real estate sales are dropping incredibly fast these days. Data from MLA Canada, a notable pre-sale marketing firm, shows a big drop in sales in May. Developers are responding to the decline by cancelling or delaying many projects. Greater Vancouver Pre-Sale Listings Decline Over 65% Greater Vancouver pre-sale listings for real estate made […]
Greater Vancouver real estate is seeing the new condo pre-sale market get hit hard. MLA Canada, a prominent Vancouver real estate marketing and analytics firm, numbers show condo apartment sales fell in April. The decline in sales has led to weaker absorption of new project launches. Developers plan to delay thousands of units, in anticipation […]
Greater Vancouver real estate’s hot spring market hasn’t materialized as of yet. Real Estate Board of Greater Vancouver (REBGV) numbers show condo apartment prices were down substantially in April. Last month was also saw the fewest sales in over a decade, which pushed inventory much higher. Vancouver Condo Prices Fail To Rise In April The […]
Toronto and Vancouver condos are shrinking at an incredibly fast rate. Statistics Canada (Stat Can) crunched the size of condo apartments using assessment data. The data shows the median size of newer developments are fast shrinking – not all that surprising to most. It is surprising to see Toronto condo units shrinking much faster than […]
Toronto and Vancouver homeowners are condo crazy, and it shows in assessment values. Statistics Canada (StatCan) numbers show median assessment values for condos were at a huge premium in 2018. The gap between assessments for a condo apartment is as much as double in Toronto. Vancouver, the country’s most expensive city, isn’t seeing nearly as […]
Greater Vancouver condo presale buyers still aren’t interested, even with more incentives. Numbers from MLA Canada, a real estate analytics and marketing firm, show Greater Vancouver condo presales fell in March. An accompanying decline in inventory helped to offset the drop in sales. However, it wasn’t quite enough to change the current trend. Sales of […]
Greater Vancouver condo sales are extending losses into the normally busy spring. Real Estate Board of Greater Vancouver (REBGV) numbers show prices continued to drop in March. The price decline came with the fewest March sales since 2009, and double last year’s inventory. Greater Vancouver Condo Prices Drop The Most Since 2009 The price of […]
Vancouver’s condo market continued to slide last month. Real Estate Board of Greater Vancouver (REBGV) numbers show February sales hit the lowest level since 2009. The drop in sales combined with rising to make the largest price drop since the Great Recession. Vancouver Condo Prices Make Biggest Decline Since 2009 The price of a condo […]
