June 2015

BC Home Sales Continue at Brisk Pace

Posted on Jun 15, 2015

Housing Market Update, Tim Wray, Prompton Real EstateThe British Columbia Real Estate Association (BCREA) reports that a total of 10,174 residential unit sales were recorded by the Multiple Listing Service® (MLS®) in May, up 16.6 per cent from the same month last year. Total sales dollar volume was $6.4 billion, a 30.4 per cent increase in comparison to the previous year. The average MLS® residential...

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Housing Market Update for May 2015 (Video)

Posted on Jun 10, 2015 in Market Insights 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 he...

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Metro Vancouver home sales surpass 4,000 for third consecutive month

Posted on Jun 04, 2015 in Vancouver Update



It continues to be a competitive spring market for Metro Vancouver* home buyers. This competition continues to put upward pressure on home prices, particularly in the detached home market.

The Real Estate Board of Greater Vancouver (REBGV) reports that residential property sales in Metro Vancouver reached 4,056 on the Multiple Listing Service® (MLS®...

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BC Housing Demand Forecast to be Strongest Since 2007

Posted on Jun 01, 2015

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

“More robust economic growth, strong consumer confidence and rock-bottom mortgage interest rates are expected to push housing demand this year to its highest level since 2007,” said Cameron Muir, BCREA Chief Economist.

Multiple Listing Servi...

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