Welcome to the Greater Vancouver Real Estate Newsletter, April Edition!
Whether you're a seasoned investor, a first-time buyer, or simply keeping an eye on the market, we're here to provide you with the latest insights, trends, and opportunities in our vibrant real estate landscape. Dive into our curated selection of articles, market analyses, and c...
Increased
seller activity is giving buyers more
choice this spring
VANCOUVER,
BC – April 3, 2024 –
The number of Metro Vancouver1 homes listed for sale on the MLS® rose
nearly 23
per cent year-over-year, providing more opportunity for buyers looking
for a
home this spring. The Greater Vancouver REALTORS® (GVR)2 reports that
residential sales3 in the region totalled 2,415 in March 2024, a 4.7
per cent
decrease from the 2,535 sales recorded in March 2023. This was 31.2 per
cent
below the 10-year seasonal average (3,512). “If you’re finding the
weather a
little chillier than last spring, you may find some comfort in knowing
that the
market isn’t quite as hot as it was last spring either, particularly if
you’re
a buyer,” Andrew Lis, GVR’s director of economics and data analytics
said.
“Despite the welcome increase in inventory, the overall market balance
continues inching deeper into sellers’ market territory, which suggests
demand
remains strong for well-priced and well-located properties.” There were
5,002
detached, attached and apartment properties newly listed for sale on
the
Multiple Listing Service® (MLS®) in Metro Vancouver in March 2024.
REBGV
Housing Market Updates
"Landlords grow rich in
their sleep without working..." -John Stuart Mill
REBGV
Housing Market Updates
REBGV
Housing Market Updates
The
Federal
budget helps homebuyers
and renters
To
help make home ownership and renting more affordable for
Millennials and Generation Zs, the federal Budget 2024: Fairness for every
generation,
delivered April
16, 2024, includes $8.521 billion in ...
More
protections for renters,
landlords, parents, and families
Whether
you are upsizing, downsizing, or selling an investment
property, the steps to sell are universal. Navigate the ins
and outs of
selling your home with tips such as determining the sale price, how ...
January
2024 Market Insights
Team
3000 Realty - #305 9940Lougheed Hwy. Burnaby, BC V3J 1N3