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BCREA 2015 Q3 Housing Forecast Update

(August 18, 2015, posted in Forecasts and Economic Update)

BCREA Q3 Housing Forecast Update, Tim Wray, Prompton Real Estate, VancouverThe British Columbia Real Estate Association (BCREA) released its 2015 Third Quarter Housing Forecast Update today.

For only the third time in BC, Multiple Listing Service® (MLS®) residential sales are expected to reach 100,000 units in 2015. Housing demand has not been this robust since 2007 when 102,800 homes traded hands. A record 106,300 MLS® residential sales were recorded in 2005.

“While rock... read more.

Elevated Home Sales Point to Strong Consumer Confidence

(August 13, 2015, posted in BCREA Monthly Update)

BCREA, Tim Wray, Prompton Real Estate, VancouverThe British Columbia Real Estate Association (BCREA) reports that a total of 10,247 residential unit sales were recorded by the Multiple Listing Service® (MLS®) in July, up 20.7 per cent from the same month last year. Total sales dollar volume was $6.2 billion, a 33.9 per cent increase in comparison to the previous year. The average MLS® residential price in the province rose to $608,294, an 11 pe... read more.

Housing Market Update for July 2015 (Video)

(August 12, 2015, posted in REBGV Market Update Videos)


How does this latest information effect your plans to buy or sell your property? The key to a successful real estate experience is knowing and understanding the detail behind the headlines for your city, neighbourhood, street and property type.

Please call or email me with any questions that you may have after watching this video. I'd be happy to help you plan your next steps.

My business grows by b... read more.

SnapStats Market Speedo Video - July 2015

(August 06, 2015, posted in SnapStats Market Update Videos)


My business grows by building strong client focused relationships. I would welcome the opportunity to answer any questions about the real estate market that you may have.

If you would like to find out how much your home is worth in today's market, to discuss listing your home or buying a new home, please contact me on (604) 781-5692 or via email - tim@timwray.ca

Summer heat doesn’t slow home buyer activity

(August 05, 2015, posted in REBGV Market Update)



Metro Vancouver home sales were more than a third above the 10-year average in July, while the number of homes listed for sale continues to trend below recent years.

The Real Estate Board of Greater Vancouver (REBGV) reports that residential property sales in Metro Vancouver* reached 3,978 on the Multiple Listing Service® (MLS®) in July 2015. This represents a 30 per cent increase compared to the... read more.

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