MARKET ACTIVITY PICKS UP IN MAY!

MARKET ACTIVITY PICKS UP IN MAY!

Sales in the Greater Vancouver board area jumped in May, increasing by 23% month-over-month, returning to near record levels. The average April-May increase in sales was 5% over the past decade. Total sales in May 2017 (4,382) are only 8%…

Crazy condo market continues!

Crazy condo market continues!

Demand for condominiums and townhomes continues to drive the Metro Vancouver* housing market. For the first four months of the year, condominium and townhome sales have comprised a larger percentage of all residential sales on the Multiple Listing Service® (MLS®)… Read More

Changes to Grants…

Changes to Grants…

The homeowner grant has increased to $1.6 million. This is great news for many while others are still above the new limit given the 30 – 50% property assessment increases. Check out the article below for all of the details.… Read More

North Van: Tale of two markets

North Van: Tale of two markets

When looking specifically at the North Shore market, the difference between detached markets and condo/townhouse markets are quite clear. For example, detached listings in North Vancouver were up 58% in September 2016 when compared to the previous month, while sales… Read More

Affordability takes another hit…

Affordability takes another hit…

The war on housing continues but this time the impact will be felt by the local consumer. The new mortgage rules will make it infinity more difficult for first time buyers, that do not have a 20% down payment, to… Read More

BC Home Sales Continue to Smash Record Book

BC Home Sales Continue to Smash Record Book

Vancouver, BC – May 13, 2016. The British Columbia Real Estate Association (BCREA) reports that a record 12,969 residential unit sales were recorded by the Multiple Listing Service® (MLS®) in April, up 30.3 per cent from the same month last… Read More

Another Hot Month!

Another Hot Month!

Last month was the highest selling April on record for Metro Vancouver and 41.7% above the 10-year sales average for the month. “Home buyer competition remains intense across the region,” Dan Morrison, REBGV president said. “Whether you’re a home buyer… Read More

Property market news delivered to your inbox. Join our mailing list for regular updates on open houses, new listings, and what’s going on in the Vancouver property market.

Crest Realty
Independently Owned and Operated
101 - 2609 Westview Drive, North Vancouver, BC V7N 4M2