While home sales are not expected to repeat this year’s record performance, consumer demand is expected to remain well above the ten-year average [next year]. The market speed for The Greater Valley is 36% which officially makes it a seller’s market.   Reasons why: SALES– Total sales last month were 815, which is 35% less year over year & 5% less month over month. SALES PRICE– The median sale price was $699,000 which is a 13% increase over this time last year and a 3% decrease over the previous month. FIND OUT YOUR MARKET SPEED– Learn the official market speed in your neighbourhood and price point by requesting a free Fraser Valley snap stats report from us! ACTIVE LISTINGS– There were 2,254 active listings last month which is a 1% decrease over this time last year and an 9% decrease month over month.

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While home sales are not expected to repeat this year’s record performance, consumer demand is expected to remain well above the ten-year average [next year]. The market speed for Metro Vancouver 26% which officially makes it a seller’s market.   Reasons why: SALES– Total sales last month were 1,189, which is 39% less year over year & 5% greater month over month. SALES PRICE– The median sale price was $1.23 million which is a 15% increase over this time last year and a 1% increase over the previous month. FIND OUT YOUR MARKET SPEED– Learn the official market speed in your neighbourhood and price point by requesting a free Fraser Valley snap stats report from us! ACTIVE LISTINGS– There were 4,630 active listings last month which is a 15% increase over this time last year and an 9% decrease month over month. DAYS ON THE MARKET>- A property was on […]

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Hawthorne by Pennyfarthing Vancouver         Location Hawthorne is located in Vancouver’s very desirable West side and will be adjacent to the Queen Elizbeth Park on Cambie street. The location of this building is extremely central as it is only a few minutes from the Oakridge shopping centre, and is easily accessible to the Canada line.     Register Now! The Project   This contemporary building is the perfect mix of luxury, and convenience. With advanced architecture, and sleek interiors, the spacious floor plans of Hawthorne feature 1 to 3 bedroom residences that range from 680 sq ft to 1,433 sq ft. This exclusive seven storey building will assure unobstructed views from upper floors, and all ground level residences will entail of private patios whilst the three top floor residences will entail of private rooftop decks. The Hawthorne holds a shared amenity room which includes a patio and shared […]

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The latest batch of government statistics adds more evidence to suggest the 15% tax on foreign buyers is having a significant effect on the level of non-Canadian purchasers in the market. The market speed for The Fraser Valley is 32% which officially makes it a seller’s market.   Reasons why: SALES- Total sales last month were 1,298, which is 16% less year over year & 12% greater month over month. SALES PRICE- The median sale price was $585,000 which is a 19% increase over this time last year and a 1% decrease over the previous month. FIND OUT YOUR MARKET SPEED– Learn the official market speed in your neighbourhood and price point by requesting a free Fraser Valley snap stats report from us! ACTIVE LISTINGS– There were 4,093 active listings last month which is a 6% decrease over this time last year and an 8% decrease month over month. DAYS ON […]

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The latest batch of government statistics adds more evidence to suggest the 15% tax on foreign buyers is having a significant effect on the level of non-Canadian purchasers in the market. The market speed for greater Vancouver is 34% which officially makes it a seller’s market.   Reasons why: SALES– total sales last month were 854, which is 34% less year over year & 2% less month over month. SALES PRICE– The median sale price was $721,000 which is a 16% increase over this time last year and no change over the previous month. FIND OUT YOUR MARKET SPEED– Learn the official market speed in your neighbourhood and price point by requesting a free greater Vancouver snap stats report from us! ACTIVE LISTINGS– There were 2,479 active listings last month which is a 10% decrease over this time last year and a 2% decrease month over month. DAYS ON THE MARKET– […]

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The latest batch of government statistics adds more evidence to suggest the 15% tax on foreign buyers is having a significant effect on the level of non-Canadian purchasers in the market. The market speed for Metro Vancouver is 22% which officially makes it a seller’s market.   Reasons why: SALES- Total sales last month were 1,134, which is 44% less year over year & 2% less month over month. SALES PRICE- The median sale price was $1.21 million which is a 14% increase over this time last year and a 1% increase over the previous month. FIND OUT YOUR MARKET SPEED– Learn the official market speed in your neighbourhood and price point by requesting a free Metro Vancouver snap stats report from us! ACTIVE LISTINGS– There were 5,110 active listings last month which is a 6% increase over this time last year and a 1% increase month over month. DAYS ON […]

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