In 2018, Bryan Velve was the number one realtor at RE/MAX Crest Realty on Vancouver’s westside, and 12th out of 560 RE/MAX Metro realtors in North Vancouver, Burnaby, West Vancouver, Downtown and the Westside of Vancouver. All of this is not possible without the trust and confidence placed in us by our clients. Thank you […]
Residential real estate
Real estate is divided into two categories: residential and commercial.
This is possibly the best move up market we have seen in more than 10 years…
The reporting of doom and gloom in the real estate sector has most buyers putting their real estate quest on hold. But is that the right decision? When you begin to explore your options on getting more space it becomes very evident that the gap between your smaller home and the larger home you would […]
Larger properties on Vancouver’s Westside are seeing the greatest drop in prices.
Recent sales indicate that larger properties are seeing the greatest drop in prices. There have been two sales of 66′ lots; one in Quilchena and the other in Point Grey that have recently SOLD for $2.88mil and $2.85mil. Only a couple of months ago this price was shockingly low at $3.2mil. To put this in […]
Canadians Keep Using Their Homes as ATMs Even as Market Swoons
Canadians are ramping up borrowing against their homes even as the real estate market slumps, exposing the country’s financial system to vulnerabilities, rating company DBRS said. Home equity lines of credit, or Helocs, reached a record C$243 billion as of Oct. 31, or 11.3 percent of total household credit, the highest share since mid-2015, analysts […]
Home listings at four-year October high as sales remain below typical levels
VANCOUVER, BC – November 02, 2018 – Home sale activity across Metro Vancouver* remained below long-term historical averages in October. The Real Estate Board of Greater Vancouver (REBGV) reports that residential home sales in the region totalled 1,966 in October 2018, a 34.9 percent decrease from the 3,022 sales recorded in October 2017, and a […]
More supply and less demand seen across Metro Vancouver housing market
VANCOUVER, BC – October 01, 2018 – The supply of homes for sale continued to increase across the Metro Vancouver* housing market in September while home buyer demand remained below typical levels for this time of year. The Real Estate Board of Greater Vancouver (REBGV) reports that residential property sales in the region totalled 1,595 […]
Home buyer demand stays below historical averages in August
VANCOUVER, BC – September 5, 2018 – The Metro Vancouver* housing market continues to experience reduced demand across all housing types. The Real Estate Board of Greater Vancouver (REBGV) reports that residential home sales in the region totalled 1,929 in August 2018, a 36.6 percent decrease from the 3,043 sales recorded in August 2017, and […]
Housing supply up, demand down across Metro Vancouver
VANCOUVER, BC – August 2, 2018 – July’s residential housing sales in Metro Vancouver reached their lowest levels for that month since the year 2000. The Real Estate Board of Greater Vancouver (REBGV) reports that residential property sales in the region totalled 2,070 in July 2018, a 30.1 percent decrease from the 2,960 sales recorded […]
Home seller supply grows as demand declines
VANCOUVER, BC – July 4, 2018 – With home sale activity dipping below long-term historical averages, the supply of homes for sale in Metro Vancouver reached a three-year high in June. The Real Estate Board of Greater Vancouver (REBGV) reports that residential home sales in the region totalled 2,425 in June 2018, a 37.7 percent […]
Reduced demand is allowing housing supply to accumulate
VANCOUVER, BC – June 4, 2018 – Home buyer demand continues to decline across the Metro Vancouver* housing market. The Real Estate Board of Greater Vancouver (REBGV) reports that residential property sales in the region totalled 2,833 in May 2018, a 35.1 percent decrease from the 4,364 sales recorded in May 2017, and a 9.8 […]