March 2017

February Home Sales Reflect Typical Consumer Demand

Posted on Mar 16, 2017 in BC Real Estate Update

Tim Wray, Prompton Real Estate, vancouver

The British Columbia Real Estate Association (BCREA) reports that a total of 6,580 residential unit sales were recorded by the Multiple Listing Service® (MLS®) in February, down 31.7 per cent from the same period last year. Total sales dollar volume was $4.53 billion, down 39.7 per cent from February 2016. The average MLS® residential price in the...

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Housing Market Update for February 2017 (Video)  

Posted on Mar 10, 2017 in Market Insights 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 he...

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SnapStats Market Update Video - February 2017

Posted on Mar 07, 2017 in SnapStats 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 - t...

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Low supply continues to limit Metro Vancouver home buyers

Posted on Mar 02, 2017 in Vancouver Update



Reluctance amongst Metro Vancouver* home sellers is impacting sale and price activity throughout the region’s housing market.

Residential home sales in the region totalled 2,425 in February 2017. This is a 41.9 per cent decrease from the record 4,172 homes sold in February 2016 and an increase of 59.2 per cent compared to January 2017 when 1,523 hom...

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