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Market Report - Factors Point to Balanced Conditions

Posted By:  Rob Grey on Mar 7, 2019
One word to describe the market? Balanced. Some market statistics show a correction while other stats indicate positive market conditions. The cumulative information, when weighed, appears to balance itself out. I break out single family and lot sales as examples.February sales were ...

BC Provincial Real Estate Regulations

Posted By:  Rob Grey on Nov 21, 2018

TD Economics National Real Estate Report

Posted By:  Rob Grey on Feb 16, 2018

TD Economics

 Canadian Data Release: Existing home sales slump in January as B20 rules bite

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Market Insight for 2018

Posted By:  Rob Grey on Dec 19, 2017
Market Insight for 2018
Three factors at the national level will lean on prices and the number of over-all sales for2018: tougher mortgage rules, higher interest rates, and declining affordability. Whilethese are discussed on a national level, are they accurate for our local (micro) market?

Quick Market Update

Posted By:  Rob Grey on Sep 25, 2017
I have concerns the market is shifting below our feet as we speak. If you weigh the in-office activity at ReMax, which has a 50%+ market therefore a good microcosm of the local market, our sales are down by 60 to 70% for the month of September. If you ...
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