Tim Wray REALTOR® | RE/MAX Crest Realty

Buyer demand surges in October

Posted on Nov 04, 2024 in Vancouver Update

After months of tracking approximately twenty per cent below the ten-year seasonal average, Metro Vancouver home sales surged more than 30 per cent year-over-year in October.

The Greater Vancouver REALTORS® (GVR) reports that residential sales registered on the Multiple Listing Service® (MLS®) in the region totalled 2,632 in October 2024, a 31.9 per...

Regional Disparities Emerging in BCHousing Market Activity

Posted on Oct 17, 2024 in BC Real Estate Update

The British Columbia Real Estate Association (BCREA) reports that 5,579 residential unit sales were recorded in Multiple Listing Service® (MLS®) systems in September 2024, up a little under 1 per cent from September 2023. The average MLS® residential price in BC in September 2024 was down 2.8 per cent at $942,969 compared to an average price of $96...

Housing Market Update for September 2024 (Video)

Posted on Oct 08, 2024 in Market Insights Videos

With some buyers choosing to stay on the sidelines, inventory levels have sustained healthy gains, providing much more selection to anyone searching
for a home.

SnapStats Market Speedo Infographic - September 2024

Posted on Oct 07, 2024 in Market Speedo Infographic

Buyers remain cautious to begin the fall market

Posted on Oct 02, 2024 in Vancouver Update

Home sales registered on the MLS® in Metro Vancouver1 declined 3.8 per cent year over year in September, suggesting recent reductions in borrowing costs are having a limited effect in spurring demand so far.

Greater Vancouver REALTORS® (GVR)2 reports that residential sales in the region totalled 1,852 in September 2024, a 3.8 per cent decrease from...

Sales Slow in August, but Falling Rates Should Drive Activity Higher in the Fall

Posted on Sep 11, 2024 in BC Real Estate Update

The British Columbia Real Estate Association (BCREA) reports that 5,943 residential unit sales were recorded in Multiple Listing Service® (MLS®) systems in August 2024, a 10 per cent decrease from August 2023. The average MLS® residential price in BC in August 2024 was down 1.7 per cent at $938,500 compared to an average price of $955,063 in August...

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