The Greater Vancouver condo rush might have just turned. Real Estate Board of Greater Vancouver (REBGV) numbers show condo apartment prices declined for the first time in years this January. The decline came as sales for the month fell to a 9 year low, and inventory climbed to a multi-year high. Greater Vancouver Condo Prices […]
Greater Vancouver’s condo market continued to cool quickly. Real Estate Board of Greater Vancouver (REBGV) numbers show prices are near flat in December. The rapid decline in price growth was accompanied by doubling inventory, and a multi-year low for December sales. Greater Vancouver Condo Prices Are Up Less Than A Point Condo prices in Greater […]
Greater Vancouver real estate pre-sales are slowing, and inventory is rising. Numbers from MLA Canada, one of Vancouver’s top real estate marketing firms, show a decline in new project sales in November. Fewer sales are pushing inventory higher, even with delayed project launches. Vancouver Real Estate Pre-Sales Fall Over 62% Greater Vancouver real estate pre-sales […]
Greater Vancouver condo prices are cooling down in a big way. Real Estate Board of Greater Vancouver (REBGV) numbers show price appreciation has fallen to a multi-year low in November. The slowing growth was accompanied by plummeting sales, and soaring inventory. Greater Vancouver Condo Prices Dropped Over $15k Last Month The price of a condo […]
Greater Vancouver real estate is seeing softer demand for pre-sale units. Numbers from MLA Canada, a Vancouver-based real estate advisory firm, show more pre-sale units hit the market than expected in October. At the same time, same month absorption has continued a trend of declines. Greater Vancouver Pre-Sale Real Estate Sales Rise Over 31% The […]
Vancouver condo price growth is coming down. Real Estate Board of Greater Vancouver (REBGV) numbers show price growth continued deceleration in October. A huge drop in sales and a larger rise in inventory is relieving a lot of the pressure on prices to move higher. Greater Vancouver Condo Prices Are Up Over 5% Greater Vancouver […]
Greater Vancouver condo buyers are having a sudden shift in sentiment. Real Estate Board of Greater Vancouver (REBGV) numbers show price growth continued the trend of rapid price deceleration in September. The deceleration was most likely due to rising inventory and falling sales. The condo market has now exited a seller’s market for the first […]
The Greater Vancouver condo market is quickly changing. Real Estate Board of Greater Vancouver (REBGV) numbers show July saw inventory surge. The rise in inventory was met with big declines in sales, releasing a lot of the pressure for prices to rise. Vancouver Condo Prices Fall For A Second Month The price of a typical […]