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In this video blog, Vancouver realtor, Sebastian Albrecht talks about what’s happening in the Vancouver real estate market right now. This is a unique time as Vancouver is about to host the 2010 Winter Olympics. Many thought that the market would stall at this time but Sebastian is surprised to see the strength that the [...]
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Vancouver Real Estate Statistics for January 2010
A (not so) Average January For Vancouver Real Estate
For the first time in a long while, we had a month that did not threaten to break sales records. The month of January 2010 was only an average month for the first decade of the century. Higher sales numbers were [...]
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Vancouver Real Estate Statistics for December 2009
The third strongest December on record
2009 ended much differently than it began. The year began with one of the worst months on record while it ended with one of the best December.
The benchmark price for residential homes in Greater Vancouver was up 16.2% (to $562,462) from December 2008 to [...]
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Vancouver realtor, Sebastian Albrecht, talks about what lies ahead for the Vancouver real estate market in this video blog. Sebastian discusses the potential impacts of the Olympics, the economy as well as interest rates. Where are real estate prices headed? What does this mean for your investment in the market?
Please share your opinion on this, [...]
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Sebastian Albrecht, Vancouver realtor discusses 2009 in this video blog. From the lows of January, where the sky appeared to be falling up to the highs of the summer in June and July. Vancouver real estate had a spectacular year of growth straight through until the very last month of the year. It goes to [...]
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Vancouver realtor, Sebastian Albrecht discusses Vancouver’s rising rental vacancy rate in this video blog. The CMHC recently reported that the vacancy rate in Metro Vancouver doubled to 2.1%. This rise can be attributed largely to low interest rates that have moved motivated many renter’s to become first-time homebuyers. Meanwhile, rents continue to rise as Vancouver [...]
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The strength of the Vancouver real estate market abated slightly this past week. However, given the time of year it is still surprisingly strong.
New Listings – Vancouver
New Listings rose (+1.67%) ever so slightly this week. For just the 2nd time in 10 weeks we had New Listings up. They went from 240 the week before [...]
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The market is definitely winding down as we head into the holiday season. However, there is still surprising strength in the numbers. Listings fell but Sales were up strongly resulting in a very healthy Sell/List ratio.
New Listings – Vancouver
Once again New Listings saw a decline this past week (-9.09%). We saw 240 New Listings this [...]
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A Near Record Month of November
The average home in Greater Vancouver rose 12.4% over the past year. In the City of Vancouver we blew this average out of the water. November 2009 saw detached homes up 24.61%, attached homes up 16.73% and apartments up 11.51%.
These numbers mask, to some degree the fact that we saw [...]
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