Vanessa Mac

PERSONAL REAL ESTATE CORPORATION

Phone: 778.389.7661

E-mail: Vanessamacrealty@gmail.com

News + Statistics


Home seller supply grows as demand declines
With home sale activity dipping below long-term historical averages, the supply of homes for sale in Metro Vancouver* reached a three-year high in June. The Real Estate Board of Greater Vancouver (REBGV) reports that residential home sales in the region totalled 2,425 in June 2018, a 37.7 per cent decline from the 3,893 sales recorded in June 2017, and a 14.4 per cent decrease compared to May 2018 when 2,833 homes sold. Last month’s sales were 28.7 per cent below the 10-year June sales average.
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Commercial real estate sales down from robust 2017 activity
Commercial real estate sales in the Lower Mainland declined in the first quarter (Q1) of 2018 compared to the active market experienced in the region last year. There were 523 commercial real estate sales in the Lower Mainland in Q1 2018, a 10.8 per cent decrease over the 586 sales in Q1 2017, according to data from Commercial Edge, a commercial real estate system operated by the Real Estate Board of Greater Vancouver (REBGV).
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REALTORS® encourage property buyers and sellers to understand new real estate rules
New real estate rules took effect today that will change the way REALTORS® and their clients work together. Specifically, the new rules will prohibit the practice of limited dual agency and require real estate licensees in BC to provide additional information to their clients about how they’re compensated.
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REALTORS® encourage property buyers and sellers to understand new real estate rules
New real estate rules took effect today that will change the way REALTORS® and their clients work together. Specifically, the new rules will prohibit the practice of limited dual agency and require real estate licensees in BC to provide additional information to their clients about how they’re compensated.
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Reduced demand is allowing housing supply to accumulate
Home buyer demand continues to decline across the Metro Vancouver* housing market.  The Real Estate Board of Greater Vancouver (REBGV) reports that residential property sales in the region totalled 2,833 in May 2018, a 35.1 per cent decrease from the 4,364 sales recorded in May 2017, and a 9.8 per cent increase compared to April 2018 when 2,579 homes sold.
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Vanessa Mac
Cell: 778 389 7661
Office: 604 320 8788
The data relating to real estate on this website comes in part from the MLS® Reciprocity program of either the Real Estate Board of Greater Vancouver (REBGV), the Fraser Valley Real Estate Board (FVREB) or the Chilliwack and District Real Estate Board (CADREB). Real estate listings held by participating real estate firms are marked with the MLS® logo and detailed information about the listing includes the name of the listing agent. This representation is based in whole or part on data generated by either the REBGV, the FVREB or the CADREB which assumes no responsibility for its accuracy. The materials contained on this page may not be reproduced without the express written consent of either the REBGV, the FVREB or the CADREB.