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Blog by Karel Palla

8 Features Home Buyers Will Pay More For

March 20th, 2012

8 Features Home Buyers Will Pay More For

What will home buyers pay extra for? Canada Mortgage and Housing Corporation (CMHC) conducted a unique study to find out. It looked at MLS sales data on 1200 houses and 3000 condominiums sold in 2011 through the Real Estate Board of Greater Vancouver, and the findings are also considered accurate for the Fraser Valley and Chilliwack.

Best location to buy a house in Vancouver Lower MainlandLocation

Location ...

Greater Vancouver Housing Market Trends Near Long-Term Averages as Spring Market Approaches

March 2nd, 2012

Greater Vancouver housing market trends near long-term averages as spring market approaches

Closer alignment between home buyer and seller activity helped bring greater balance to the Greater Vancouver housing market in February.

The Real Estate Board of Greater Vancouver (REBGV) reports that residential property sales in Greater Vancouver reached 2,545 on the MLS® system in February 2012. Th ...

BC Commercial Leading Indicator Points to Strong 2012

February 28th, 2012

For the complete news release, including detailed statistics, click: here.

For immediate release

BC Commercial Leading Indicator Points to a Strong 2012

Vancouver, BC – February 28, 2012.The BCREA Commercial Leading Indicator (CLI) rose for the second consecutive quarter, advancing 1.1 points to an index level of 111. On a fourth-quarter over fourth-quarter basis, the CLI moved 1.6 per cent h ...

Greater Vancouver Housing Stats. January 2012

February 6th, 2012

Selection broadens and demand eases to kick off 2012 in the

Greater Vancouver housing market

VANCOUVER, B.C. – February 6, 2012

Greater Vancouver home sellers were more active than buyers in January and overall home prices, according to the new
MLS® Home Price Index

(MLS® HPI), continued to experience more stability and less fluctuation compared to the

beginning of 2011.

The Real Estate Board ...

British Columbia Homes Sales Increase in 2011

January 13th, 2012

Home Sales Increase Last Year

Vancouver, BC – January 13, 2012. The British Columbia Real Estate Association (BCREA) reports that the dollar volume of homes sold through Multiple Listing Service® (MLS®) in BC climbed 14.3 per cent to $43.1 billion in 2011. A total of 76,817 homes were sold in BC in 2011, up 2.9 per cent from 2010. The average annual MLS® residential price climbed 11.1 per cen ...

Greater Vancouver Housing Market for October 2011

November 3rd, 2011

Greater Vancouver at lower end of balanced housing market

With a sales-to-active property listings ratio of 15 per cent, the Greater Vancouver housing market continues to hover at the lower end of a balanced market and has been trending in that direction over the past five months.

The Real Estate Board of Greater Vancouver (REBGV) reports that residential property sales of detached, attached ...