My Blog - News, Updates and Statistics 

BC Home Sales to Exceed 100,000 Units for Third Consecutive Year  

(June 19, 2017, posted in Forecasts and Economic Update)

BCREA Housing Forecast - Tim Wray, Vancouver Real Estate, PromptonThe British Columbia Real Estate Association (BCREA) released its 2017 Second Quarter Housing Forecast today.

Multiple Listing Service® (MLS®) residential sales in the province are forecast to decline 10 per cent to 101,000 units this year, after reaching a record 112,209 units in 2016. Housing demand gained strength this spring, as some of the effects of federal and provincial policy efforts to ta... read more.

Housing Supply Not Keeping Pace with Demand in Most BC Regions

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

BCREA, Tim Wray, Vancouver Real Estate, Prompton Real Estate ServicesThe British Columbia Real Estate Association (BCREA) reports that a total of 12,402 residential unit sales were recorded by the Multiple Listing Service® (MLS®) in May, down 7.9 per cent from the same period last year. Total sales dollar volume was $9.33 billion, down 4.0 per cent from May 2017. The average MLS® residential price in the province was $752,536, a 4.2 per cent increase from the same... read more.

Housing Market Update for May 2017 (Video) 

(June 12, 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 - May 2017

(June 09, 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 - May 2017

(June 09, 2017, posted in SnapStats Market Speedo Infographic)

Market activity picks up in May

(June 02, 2017, posted in REBGV Market Update)



Home buyer activity returned to near record levels across the Metro Vancouver housing market in May.

Residential property sales in the region totalled 4,364 in May 2017, a decrease of 8.5 per cent from the 4,769 sales in May 2016, an all-time record, and an increase of 22.8 per cent compared to April 2017 when 3,553 homes sold.

Last month’s sales were 23.7 per cent above the 10-year May sales averag... read more.

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