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RE/MAX Select Properties

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post

Steady sales and diminished listings characterize 2017 for the Metro Vancouver housing market

January 3, 2018 by The Velve Group

Vancouver, BC, Canada

VANCOUVER, BC – January 3, 2018 – After reaching record levels in 2015 and 2016, Metro Vancouver home sales returned to more historically normal levels in 2017. Home listings, on the other hand, came in several thousand units below typical activity. The Real Estate Board of Greater Vancouver (REBGV) reports that sales of detached, attached […]

Filed Under: Market trends Tagged With: apartments, benchmark price, condominiums, detached properties, home buyer activity, market trends, mls home price index, residential real estate, sales-to-active listings ratio, supply and demand, vancouver real estate

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Metro Vancouver continues to experience above-average demand and below-average supply

December 4, 2017 by The Velve Group

VANCOUVER, BC – December 4, 2017 – Metro Vancouver* saw modest home listing changes and steady demand in November. The Real Estate Board of Greater Vancouver (REBGV) reports that residential home sales in the region totalled 2,795 in November 2017, a 26.2 percent increase from the 2,214 sales recorded in November 2016, and a 7.5 […]

Filed Under: Market trends Tagged With: apartments, benchmark price, condominiums, detached properties, home buyer activity, market trends, mls home price index, residential real estate, sales-to-active listings ratio, single-family homes, supply and demand, vancouver real estate

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Housing affordability: From Boomers to Millennials

November 20, 2017 by Bryan Velve

I had a conversation with my mother about how my kids and the younger generation will afford homes in Vancouver one day, and how it almost seems impossible without help to do so. The response was quite surprising. Perseverance, hard work and sacrifice Instead of agreeing with me she told me of how people faired […]

Filed Under: Buying, Market trends Tagged With: baby boomers, housing affordability, millennials, vancouver real estate

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Tips for choosing a REALTOR®, and a warning…

August 17, 2017 by Bryan Velve

Red flag on a rocky beach

With more than 13,500 REALTORS® in Greater Vancouver, finding the best real estate agent for you can be a tricky task. During my 30 years in the real estate industry, I have observed that most people will do their due diligence when searching for an agent but there is one point in the decision making […]

Filed Under: Selling Tagged With: cma, comparative market analysis, home pricing strategies, professional realtor, property value, vancouver real estate

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