header

 

May 2019 Market Update

 

More choice, lower prices: Why now may be a good time to buy real estate in Vancouver

A new quarterly report on the Metro Vancouver housing market says there's high degree of vulnerability in the market, but prices are down, and inventory is up, which means buyers will find some advantage.

According to Canada Mortgage and Housing Corporation (CMHC), the region's soaring real estate prices have cooled since last June's highs – down about seven or eight percent – while the rest of the economy has remained strong.

READ MORE

 

Click the link below to view the monthly market statistics for your area in an easy to understand infographic. Listings, sales and prices are summarized for condos, townhomes and single family homes in cities across BC.

 

Abbotsford

Bowen Island

Burnaby East

Burnaby North

Burnaby South

Cloverdale

Coquitlam

Kelowna

Ladner

Langley

Maple Ridge

Mission

Nanaimo

New Westminster

North Delta

North Surrey

North Vancouver

Parksville

Pitt Meadows

Port Coquitlam

Port Moody

Richmond

South Surrey/
White Rock

Squamish

Sunshine Coast

Surrey - Central

Tsawwassen

Vancouver - East

Vancouver - West

Victoria

Vernon

West Vancouver

Whistler

How to Design a Healthy, Happy Home

We are hearing a lot about self-care these days—meditation, exercise and eating well all falling under that umbrella. But how can we change our environment to help that process?

Here are some tips to ensure your space is offering you the best self-care it can give - from the award-winning interior designer, Trisha Isabey.

READ MORE

 
 

B.C. Real Estate News

LOWER MAINLAND

Metro Vancouver home prices slide again, sales 43% 10-year average (Global News)

West Vancouver targets middle-income earners with planned housing development (The Globe and Mail)

The real estate market's burning question: Should you buy now or buy later? (Financial Post)

VICTORIA & VANCOUVER ISLAND

Region's real estate sales, prices slipping in slow start to spring (Times Colonist)

Victoria housing market improves, vacancy remains low (Vancouver Island News)

SQUAMISH & WHISTLER

April another lethargic month for Metro Vancouver home sales: real estate board (The Squamish Chief)

OKANAGAN

South Okanagan real estate market holding middle ground (InfoTel News)

Housing sales and prices drop across Central Okanagan (InfoTel News)

 
 

This communication is not intended to cause or induce breach of an existing agency agreement.

**Should you no longer wish to receive this communication, please reply to this email with "Unsubscribe" in the subject line.

©2019 Macdonald Realty Ltd. 2105 W 38th Ave, Vancouver, B.C. V6M 1R8 | macrealty.com