2023 NOVEMBER VANCOUVER MARKET REPORT
Posted on Dec 08, 2023
FROM JOSEPH
Hi everyone! We are officially counting down to Christmas and the holiday season. I hope you have had a strong year and achieved a lot of your goals.
Here are the latest numbers for Vancouver real estate. We are still in a Balanced Market but the momentum is moving towards seller's favor. As of today, the Sales-To-Active-Listing ratio is...
SEPTEMBER 2022 VANCOUVER MARKET REPORT
Posted on Oct 12, 2022
FROM JOSEPH
QT pain is felt around the world, and many asset classes are down for the count. Some Wall Street indices are down ~20 - 30% compared to the beginning of the year. In crypto land, things aren't looking better. The leading cryptocurrency Bitcoin is down 60% since January and Ethereum, the second most popular, is down 65%.
Real estate ha...
QT pain is felt around the world, and many asset classes are down for the count. Some Wall Street indices are down ~20 - 30% compared to the beginning of the year. In crypto land, things aren't looking better. The leading cryptocurrency Bitcoin is down 60% since January and Ethereum, the second most popular, is down 65%.
Real estate ha...
AUGUST 2022 VANCOUVER MARKET REPORT
Posted on Sep 07, 2022
FROM JOSEPHJust as the market is feeling more confident, here comes another rate hike. Bank of Canada is poised to raise the interest rate for the fifth time this year. As you are reading this report, the policy rate should already be out. Check it out here.
How will this affect the real estate market? Well, we've already seen it many times this ye...
JUNE 2022 VANCOUVER WEST MARKET REPORT
Posted on Jul 13, 2022
For now, we are not noticing bi...
VANCOUVER WEST MARKET REPORT
Posted on Jun 05, 2022 in Monthly Market Update
MAY 2022
VANCOUVER WEST MARKET REPORT
VANCOUVER WEST MARKET REPORT
FROM JOSEPHThe talk of the town has been... Yes, you guessed it, interest rate!
BoC is doing whatever it can to steer our economy away from runaway inflation. And rightfully so, as double digit inflation is no joke (the current CPI growth is 6.8%). With that said, quantitative tightening (QT) policies are only hel...
