Blog by Major S. Olak

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October sales exceed historical average

November 3rd, 2017
VANCOUVER, BC – November 2, 2017 – Metro Vancouver* home sales exceeded typical historical levels in October with the majority concentrated in the townhouse and apartment markets.The Real Estate Board of Greater Vancouver (REBGV) reports that residential property sales in the region totalled 3,022 in October 2017, a 35.3 percent increase from the 2,233 sales recorded in October 2016, and an i ...
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Posted in General

Home buyer demand continues to differ based on housing type

October 3rd, 2017
VANCOUVER, BC – October 3, 2017 – Apartment and townhome activity is outpacing the detached home market across Metro Vancouver*. This activity helped push total residential sales above the historical average in September.The Real Estate Board of Greater Vancouver (REBGV) reports that residential property sales in the region totalled 2,821 in September 2017, a 25.2 percent increase from the 2, ...
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Posted in General

Condominium sales drive August activity

September 5th, 2017
VANCOUVER, BC – September 5, 2017 – Competition for condominiums and townhomes pushed Metro Vancouver* home sales above typical levels in August.The Real Estate Board of Greater Vancouver (REBGV) reports that residential property sales in the region totalled 3,043 in August 2017, a 22.3 percent increase from the 2,489 sales recorded in August 2016, and a 2.8 percent increase compared to July ...
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Posted in Market Report

Metro Vancouver sees fewer home sales and more listings in July

August 10th, 2017
VANCOUVER, BC – August 2, 2017 – Home buyer activity returned to more typical summer levels in Metro Vancouver* last month.The Real Estate Board of Greater Vancouver (REBGV) reports that residential property sales in the region totalled 2,960 in July 2017, an 8.2 percent decrease from the 3,226 sales recorded in July 2016, and a decrease of 24 percent compared to June 2017 when 3,893 homes so ...
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Posted in Market Report

Demand for condominiums continues to outstrip supply

July 5th, 2017
VANCOUVER, BC – July 5, 2017 – 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 percent decrease from the 4,400 sales recorded in June 2016, an all-time record, and a decrease o ...
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Posted in General

Market activity picks up in May

June 6th, 2017
VANCOUVER, BC – June 2, 2017 – 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 percent from the 4,769 sales in May 2016, an all-time record, and an increase of 22.8 percent compared to April 2017 when 3,553 homes sold.Last month’s sales were 23.7 percent ...
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Posted in General

Condominiums and townhomes in high demand across Metro Vancouver

May 4th, 2017
VANCOUVER, BC – May 2, 2017 – Demand for condominiums and townhomes continues to drive the Metro Vancouver* housing market.Residential property sales in the region totalled 3,553 in April 2017, a 25.7 percent decline compared to April 2016 when 4,781 homes sold and a 0.7 percent decrease from the 3,579 sales recorded in March 2017.April sales were 4.8 percent above the 10-year average for the ...
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Posted in Market Report

33 2662 MORNINGSTAR CRESCENT, Vancouver East, BC

May 1st, 2017
I just finished uploading this Townhouse for sale, 33 2662 MORNINGSTAR CRESCENT, Vancouver East, BCThe best freehold complex of Vancouver waterfront fraserlands. Gorgeous sunny bright end unit shows like a new. Offers great floor plan w/open spacious living / dining, large master bedroom with river view and good size 2nd bedroom on upper floor. Large den with windows on main floor can be used ...

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Posted in Listings

10711 ROSEBROOK ROAD, Richmond, BC

May 1st, 2017
I just finished uploading this House for sale, 10711 ROSEBROOK ROAD, Richmond, BCTwo level renovated and well maintained house. Over 2700 sq. feet living space with 5 bedrms, 4 bathrms, fully finished basement. Updates 2009, painting, flooring up & down, new tub in bathrm, 3 year old furnace. Updates 2015, new kitchen, new hot water tank and main floor flooring. Updates 2016, new windows, new ...

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Posted in Listings

Demand for homes continues to outpace supply in Metro Vancouver

April 5th, 2017
VANCOUVER, BC – April 4, 2017 – A shortage of residential property listings coupled with strong demand, particularly for condos and townhomes, continued to impact Metro Vancouver’s housing market in March.Residential property sales in the region totalled 3,579 in March 2017, a decrease of 30.8 percent from the 5,173 sales recorded in record-breaking March 2016 and an increase of 47.6 percent ...
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Posted in Market Report

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