Blog

Market Update September 2016

September 11, 2016

This month’s stats provide a glimpse into one of the more interesting times in the Vancouver real estate market and, as usual, what we’re seeing in the media is not a reflection of the stats we are seeing or the market we are experiencing.   Let’s set the scene by starting with the numbers. The […]

Read More

Market Update August 2016

August 11, 2016

The market is certainly changing – and for anyone who reads the real estate news, that certainly won’t be a shock. What might be a shock is how different the market conditions have become depending on the product type under consideration.   As usual though, let’s start with the numbers. The numbers shown below are […]

Read More

Market Update July 2016

July 11, 2016

The tides are turning. For several months we’ve been talking about how this unprecedented sellers’ market couldn’t (or wouldn’t) last forever and we now have statistical evidence that the market has begun to cool!   As usual, let’s start with the numbers. The numbers shown below are a ratio of the number of active listings […]

Read More

Market Update June 2016

June 11, 2016

The not-too-distant future has come and gone and while we maintain that these conditions can’t persist forever, the market continues to be extremely busy. Truly, the last 6 months have been unprecedented and though it is reasonable to expect a slowdown in pace, it certainly hasn’t happened yet.   As usual, let’s start by looking […]

Read More

Market Update April 2016

April 11, 2016

Absolute craziness. There are literally no other words for what we are seeing in our market right now. A new record is set every single day while buyers are getting priced out at an incredibly fast rate.   Before we launch too far in, let’s start with the usual metrics. The numbers shown below are […]

Read More

Market Update March 2016

March 11, 2016

“Buy land, they’re not making it anymore.” Mark Twain.   Obviously, this quote is not new, but it’s almost as though homebuyers in Vancouver just got the news.   Let’s start with the usual metrics. The numbers shown below are a ratio of the number of active listings (at end of month) over the number […]

Read More

Real Solutions to Vancouver’s Real Estate Problems

February 11, 2016

There is a problem in Vancouver’s real estate.  Everybody knows about it. The Real Estate Board is blaming the Real Estate Council.  The Real Estate Council is blaming the province.  The City is blaming the Province.  The Province is going after the Real Estate Council  And the people are blaming the agents. And nobody is […]

Read More

Is the Summer Better than the Fall?

June 23, 2015

Your Realtor might be lying to you. Have you ever heard that the Vancouver real estate market slows down in the summer?  I know I hear it around the industry all the time.  I also hear it from my clients who are thinking of moving. “Oh, lets wait until the fall, it’s a better time […]

Read More

The Fall(ing) Market

September 17, 2012

What if I told you that more homes are sold in the summer than the fall?   You’d probably call me crazy.  I recently made this statement and one Realtor called me a liar in front of my colleagues.  So, I looked at the numbers.  I took all of the detached housing sales on the […]

Read More