My Blog - News, Updates and Statistics 

Strong Economy Keeps Housing Demand Above Long-Run Average

(July 13, 2017, posted in BCREA Monthly Update)

BCREA, Tim Wray, Prompton Real Estate, VancouverThe The British Columbia Real Estate Association (BCREA) reports that a total of 11,671 residential unit sales were recorded by the Multiple Listing Service® (MLS®) in June, down 9.6 per cent from the same period last year. Total sales dollar volume was $8.47 billion, down 5.6 per cent from June 2016. The average MLS® residential price in the province was $725,778, a 4.4 per cent increase from the... read more.

Housing Market Update for June 2017 (Video)

(July 11, 2017, posted in REBGV Market Update Videos)


How does this latest information affect 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 Update Video - June 2017  

(July 07, 2017, 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

SnapStats Market Speedo Infographic - June 2017

(July 07, 2017, posted in SnapStats Market Speedo Infographic)

Demand for condominiums continues to outstrip supply

(July 05, 2017, posted in REBGV Market Update)



The imbalance between supply and demand in the condominium market is creating home buyer competition across Metro Vancouver.

The Real Estate Board of Greater Vancouver (REBGV) reports that residential property sales in the region totalled 3,893 in June 2017, an 11.5 per cent decrease from the 4,400 sales recorded in June 2016, an all-time record, and a decrease of 10.8 per cent compared to May 2017... read more.

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