Market continues shift toward more balanced conditions after torrid start to the year Citywide sales in August reached 2,151 units, 37% higher than last year and 25% higher than long-term trends. Sales have slowed from the record-setting pace seen earlier this year, but on a year-to-date...
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Summer sees home listing supply decline across Metro Vancouver While home buyers have remained active in Metro Vancouver throughout the summer, the supply of homes for sale has declined steadily since June. The Real Estate Board of Greater Vancouver (REBGV) reports that residential home sales in the...
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GTA Housing Demand Remains Strong In August TRREB is reporting the third-best sales result on record for the month of August. While the market has taken its regular summer breather, it is clear that the demand for ownership housing remains strong. At the same time, the...
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A market of extremes: near record sales in August combined with lowest supply in four decades Demand for Fraser Valley real estate remained elevated in August reaching the second highest sales ever for the month against a backdrop of decreasing supply. The Board processed a total of...
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Victoria housing market continues to adapt to long-term lack of supply A total of 831 properties sold in the Victoria Real Estate Board region this August, 15.1% fewer than the 979 properties sold in August 2020 and 0.5% fewer than the previous month of July. Condominium...
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Increasing housing supply is key to affordability. Historically low inventory in the Vancouver Island Real Estate Board (VIREB) area continues to plague potential buyers and hamper sales. Active listings of single-family homes and row/townhouses are 50% lower than in August 2020, while VIREB’s inventory of condo...
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August Brings a Balance in Residential Unit Sales and Pricing. Total residential unit sales in the Greater Edmonton Area (GEA) real estate market for August 2021 increased 9.7% compared to August 2020 and decreased 6.8% from July 2021. New residential listings are up year-over-year, increasing 12.9% from...
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Open houses are hot spots for leads. Where else can you get a steady stream of ready-to-buy house-hunters without a ton of prospecting, warming up and nudging along? That being said, open houses don’t create insta-clients. For that, you gotta do a little work. Turning an open house...
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Most real estate transactions happen after much in-person back-and-forth. Meet-and-greets. Open houses. Walk-throughs. Discussions. Document signing. But there are occasions when those regular face-to-face steps can’t happen. Like when a buyer lives on the other side of the country. Or needs to move really (really) fast. Or, for...
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Residential Unit Sales, Prices and Listings Balance in July Total residential unit sales in the Greater Edmonton Area (GEA) real estate market for July 2021 increased 2.1% compared to July 2020 and decreased 18.9% from June 2021. New residential listings are up year-over-year, increasing 9.3% from July...
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Price growth slows as supply to demand balance improves July sales totaled 2,319 units, which is well above long-term averages and the best July on record. The pace of sales growth has eased over the past few months, but so too has the pace of new...
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July Numbers Show Strong Demand Continues For Home Ownership In GTA With almost 9,400 sales reported in July 2021, demand for ownership housing remained well-above average for the time of year despite being below the record July result set a year earlier. Market conditions actually tightened...
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