The Real Estate Clock: What time is it in our market? Time to BUY, INVEST, MOVE UP! (and possibly also ok to downsize or cash out...)
Posted on Apr 12, 2025
The title of the recent Greater Vancouver Realtors' market report read: A Market Made for Buyers is Missing Buyers. Yes that seems to be true.
As noted in our March newsletter, after a very strong January in favour of sellers (ok maybe very strong is a bit much but definitely stronger than fall 2024!) February was not great and March continued tha...
The Real Estate Clock: What time is it in our market? Not the best time: January was up; February was back down.
Posted on Mar 10, 2025
Before we get into the market update, just a reminder: BC SPECULATION AND VACANCY TAX DECLARATIONS MUST BE MADE BY MARCH 31ST! Go to gov.bc.ca/spectax
Our 2025 market has been unpredictable. January sales suggested that the market may have been rebounding back to the pre-disastrous-2024 levels. Interest rates were down considerably and buyers who h...
The Real Estate Clock: What time is it in our market? Turnaround, Trump, and Tariffs?
Posted on Feb 11, 2025
January 2025 sales suggest that we may be seeing a solid turnaround in the market. The end of last year we saw a slight improvement and then to start the year, January was amazing, relatively speaking. While 2024 was a VERY slow year, the recent interest rate drops and apparent buyer confidence have resulted in a VERY active January. While 2024 was...
The Real Estate Clock: What time is it in our market? It's time to Buckle Up for 2025!
Posted on Jan 13, 2025
It was a very slow 2024-with lots of listings (and work!) but very few sales. For 2025, we are hoping that the many factors influencing the market will result in buyers taking advantage of the new opportunities AND sellers being able to actually sell their homes!
There are a lot of new market influences at play for 2025, many of which I provided det...
There are a lot of new market influences at play for 2025, many of which I provided det...
The Real Estate Clock: What time is it in our Market? It's hard to tell...
Posted on Nov 13, 2024
Well October was interesting and it seems November could be even more so. Sales were up over 30% while prices are trending downward. Despite the significant increase in sales, the number of sales was still 5.5% below what we would normally expect for October. We are still in a strong buyers' market with rates also having dropped again by a whopping...
The Real Estate Clock: What time is it in our Market? Buyers' Market continues
Posted on Oct 10, 2024
