My Blog - News, Updates and Statistics 

What does an MLS® home sale add to our economy?

(July 15, 2015, posted in Local Information)

Real Estate, REBGV, Tim Wray, Prompton Real Estate Services

Every MLS® transaction generates spin-offs, creates jobs, and keeps our communities growing.

How much does this amount to?

In BC, a single home sale generates $64,500 in economic spin-offs and 0.49 jobs, according to the Canadian Real Estate Association.

Last year, 33,116 properties were sold by REALTORS® on the MLS® system, generating $2.136 billion in economic spin-off activity and 16,227 jobs.

Jobs... read more.

BC Home Sales Post Second Strongest June on Record

(July 14, 2015, posted in BCREA Monthly Update)

Tim Wray, Prompton Real Estate, VancouverThe British Columbia Real Estate Association (BCREA) reports that a total of 11,294 residential unit sales were recorded by the Multiple Listing Service® (MLS®) in June, up 25.6 per cent from the same month last year. Total sales dollar volume was $7.1 billion, a 42.6 per cent increase in comparison to the previous year. The average MLS® residential price in the province rose to $631,962, a 13.5 p... read more.

Housing Market Update for June 2015 (Video)

(July 11, 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.

Metro Vancouver home sales set record pace in June

(July 03, 2015, posted in REBGV Market Update)

Last month was the highest selling June, and the second highest overall monthly total, on record for the Real Estate Board of Greater Vancouver (REBGV).

The REBGV reports that residential property sales in Metro Vancouver* reached 4,375 on the Multiple Listing Service® (MLS®) in June 2015. This represents a 28.4 per cent increase compared to the 3,406 sales recorded in June 2014, and an increase of... read more.



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