Glossary of Real Estate Terminology Canada for Presale Condos Updated by Mike Stewart Vancouver Realtor October 24, 2023 Below you will find a comprehensive list of real estate terms for presale condos in British Columbia, Canada. We specialise in helping buyers of presale condos in British Columbia and have gathered these real estate terms from…
High Mortgage Rates Keeping Potential Buyers Sidelined Vancouver, BC – July 12, 2022. The British Columbia Real Estate Association (BCREA) reports that a total of 7,136 residential unit sales were recorded by the Multiple Listing Service® (MLS®) in June 2022, a decrease of 35.7 per cent from June 2021. The average MLS® residential price in BC was…
https://youtu.be/59bodMw32SE November Home Sales Lead to New Annual Record in BC Vancouver, BC – December 15, 2021. The British Columbia Real Estate Association (BCREA) reports that a total of 9,159 residential unit sales were recorded by the Multiple Listing Service® (MLS®) in November 2021, a decrease of 3.4 per cent from November 2020. The…
Home Sales Decline in 2022 After a Record 2021 Vancouver, BC – January 12, 2023. The British Columbia Real Estate Association (BCREA) reports that 80,874 residential unit sales were recorded by the Multiple Listing Service® (MLS® ) in 2022, a 35.2 per cent decline from a record 124,788 units sold in 2021. The annual…
In part one of this two-part post, we took a look at the likelihood that the Bank of Canada would continue tightening monetary policy going forward. In this post, we’ll take a retrospective look and examine the impacts previous tightening cycles have had on the Greater Vancouver market. Buckle up, it’s a longer post, but worth…
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