Month: May 2021

Vancouver Market Update: May Market update April 2021 listings were 342% higher than the same month last year, but there was also a 14% decrease in homes sold from the prior month.  When the sales-active listing ratio is below 12%, analysts believe prices will trend downward. When the ratio is above 20%, prices should trend…

Rising Rates Effect On Vancouver Real Estate: March Vancouver real estate listings in February were up 56% from the previous month, which is 73.3% higher than the same time last year. Analysts predict that prices will go down when the sales to active listing ratio goes below 12%. When the ratio is above 20%, it…

  Forecast Real estate There are two camps for the 2021 forecast: the bulls and the bears. For the bulls, CREA says we should go up by 9.1%, RE/MAX says 4-6%, and Royal LePage says 5.5%. These estimates are based on different housing trend factors. The bears are pessimistic: RBC and Scotiabank think it will…