April 2013

Home sale activity improves but remains below historical averages

Lower levels of both supply and demand in recent months are holding home prices in check in the Greater Vancouver housing market.  This represents an 18.3% decrease in sales recorded March of 2012 however it is a 30.6% increase compared to sales in February 2013.

March sales were the se...

As the real estate market significantly rebounds, some buyers and sellers are dipping their toes in the waters for the first time. Inevitably, they come into the market with assumptions about how it works.

Their assumptions may come from TV reality shows or watching their parents' house-hunting experiences. Maybe they've learned about real estate fr...