Vancouver Real Estate Market to make a Rebound!

According to the British Columbia Real Estate Association’s (BCREA) updated forecast for housing transactions in British Columbia 71,400 homes will change hands on the resale market this year. This is nine percent lower compared to 2018’s total.

However, the organization predicts that in 2020 there will be 81,700 residential transactions — rebounding by a significant increase of 14%…

Is Vancouver's Real Estate Market At Risk?

If you’ve ever tried to find Vancouver real estate advice on your own, you know that there’s an endless amount of information available. It can be hard to know what advice is worth taking—or where to even start.

Despite what might be written and shared during hot and cool real estate markets in Vancouver, it’s important to remain objective when evaluating the market. Nobody makes a good decision when they’re panicked or under pressure, so it’s important to take a step back once you have the data and make informed and rational decisions based on this.

To help you better understand the state of the real estate market in Vancouver, I provide five key indicators that signify current conditions.

The five key indicators for real estate market conditions: