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Blog by Graham Kirby

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Demand remains steady and low inventory helps home sellers

March 16th, 2020

Home buyer demand remained steady in February with relatively low inventories helping sellers.

 

The Real Estate Board of Greater Vancouver (REBGV) reports that residential home sales in the region saw a 44.9 per cent increase from February 2019, and a 36.9 per cent increase from January 2020.

 

To keep these impressive numbers in context, sales were still 15.6 per cent below the 10-year ...

Home Sales for 2019 below ten year average but picked up dramatically in the second half

January 20th, 2020

The Metro Vancouver housing market experienced below average sales activity and moderate price declines in 2019.

Sales of detached, attached and apartment homes increased three per cent from 2018 but decreased 29.6 % from 2017.

Last year’s sales total was 20.3 % below the region’s 10-year sales average.

“Home buyer demand was quieter in the normally busy spring season and it picked up in t ...

Signs point to improving housing market in 2020

November 25th, 2019

Canada Mortgage and Housing Corporation (CMHC) recently published their fall, National and Provincial housing market report. Below is a statement from the report by Chief Economist, Bob Dugan on a National level.

“Housing starts are projected to stabilize in 2020 and 2021 at levels in line with long-run averages. This follows two years of declines from elevated levels in 2017. Resale activit ...

2369 JEFFERSON AVENUE, West Vancouver, BC

September 25th, 2019

I just sold this House at 2369 JEFFERSON AVENUE, West Vancouver, BC Dundarave.

View this recently sold House or see all my home sales

2901 1308 HORNBY STREET, Vancouver West, BC

September 25th, 2019

I just finished uploading this Condo for sale, 2901 1308 HORNBY STREET, Vancouver West, BC

Rarely available, corner suite in the prestigious SALT tower by Concert Properties. Stunning False Creek, English Bay, Mountain and City views from this contemporary and efficiently laid out two bedroom home. Tastefully finished thru out. European built in appliances. Spacious open kitchen with Island. F ...

1610 833 SEYMOUR STREET, Vancouver West, BC

September 25th, 2019

I just sold this Condo at 1610 833 SEYMOUR STREET, Vancouver West, BC Downtown VW.

View this recently sold Condo or see all my home sales

Metro Vancouver housing market sees sales increase for July and August this year compared with the same months last year.

September 16th, 2019

For the first time this year we saw both July and August home sales activity outperform the activity from the same months last year..

 

The increase this August compared with August last year was a 15.7 % but sales were still 9.2 % below the ten year average. 

 

In other words, home sales have returned to more normal levels over the summer months.

 

The boost in sales activity means tha ...

Home Sales Improve - inventory highest in five years.

June 21st, 2019

   

 

Home sales in May were the highest we have seen this year and 44.2% higher than April. However sales were still 22.9% below the ten year average and 6.9% less than May of last year.

Affordability and tight lending regulations continue to be primary factors dampening housing demand at this time.

There were 8.1% less new listings in May, 2019 compared with May 2018 but overall listing ...

2901 1308 HORNBY STREET, Vancouver West, BC

June 20th, 2019

I just finished uploading this Condo for sale, 2901 1308 HORNBY STREET, Vancouver West, BC

Upper level, rarely available, corner suite in the prestigious SALT tower by Concert Properties. Stunning False Creek, English Bay, Mountain and City views from this contemporary and efficiently laid out two bedroom home. Tastefully finished thru out. European built in appliances in the spacious open kit ...

508 516 FOSTER AVENUE, Coquitlam, BC

June 20th, 2019

I just finished uploading this Condo for sale, 508 516 FOSTER AVENUE, Coquitlam, BC

Penthouse at Nelson on Foster, Brand new with full 2-5-10 year warranty. 1858 sq ft of luxury living in a spacious N/W facing, four bedroom suite with additional 650 sq ft of private, roof top, outdoor space. Stunning Mountain and City views. Large Gym connects to beautiful secure green court yard. Conveniently ...

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