Here are the latest real estate market statistics from Macdonald Realty on the Greater Vancouver listings and sales in February 2023

More stats:

http://www.macrealtymarketupdate.com/don_montgomery

 

21 Projects That Will Actually Hurt Your Home’s Resale Value

While some projects instantly increase resale value, others can cost you in the long run. Check out these projects that may hurt your home's resale value...

https://www.familyhandyman.com/list/projects-that-will-actually-hurt-your-homes-resale-value

Signs of stability in Fraser Valley create opportunities for home buyers and sellers

House prices in the Fraser Valley posted a slight but positive bump in February after nearly a year of month-over-month decreases. Similarly, sales, though still trending lower than normal, also recorded their first monthly gain since October...

February stats

http://www.fvreb.bc.ca/statistics/fraser-valley-real-estate-sales-record-slowest-annual-start-in-ten-years-january-new-listings-lowest-in-over-thirty-years-2/

To-Dos: Your March Home Checklist

The first official day of spring is March 20. So whether there’s still snow on the ground or flowers in bloom, you can rest assured that nicer weather is on its way. Usher in the new season with a bit of spring cleaning, some fresh flowers and — if you can get outdoors — a little dirt under your fingernails...

https://www.houzz.com/magazine/to-dos-your-march-home-checklist-stsetivw-vs~60678629

Below average home sales allow inventory to inch upwards in Metro Vancouver

The Real Estate Board of Greater Vancouver (REBGV) reports that residential home sales in the region totalled 1,808 in February 2023, a 47.2 per cent decrease from the 3,424 sales recorded in February 2022...

February stats

https://www.rebgv.org/market-watch/monthly-market-report/february-2023.html

B.C.’s younger communities under increasing pressure from rate hikes, data reveals

New mortgage data is offering a snapshot of where B.C. homeowners are getting their first foot into homeownership and how recent interest rate hikes are weighing down younger people more than others...

https://biv.com/article/2023/02/bcs-younger-communities-under-increasing-pressure-rate-hikes-data-reveals

How past recessions have impacted B.C.’s housing market

As the country braces for the potential economic fallout, the British Columbia Real Estate Association (BCREA) has released a new market intelligence report, A Guide to Recessions and the BC Housing Market, offering insights on how the province’s housing market has been affected by past recessions...

https://realestatemagazine.ca/how-past-recessions-have-impacted-b-c-s-housing-market/

Here are the latest real estate market statistics from Macdonald Realty on the Greater Vancouver listings and sales in January 2023

More stats:

http://www.macrealtymarketupdate.com/don_montgomery

 

Vancouver City Council to review the impact of protected mountain view cones on new housing

Increasingly in Vancouver, it is becoming challenging, if not almost impossible, to pursue major building developments of significance that generate important public benefits due to strict municipal policies that regulate height...

https://dailyhive.com/vancouver/vancouver-mountain-view-cones-shadowing-review

Fraser Valley real estate sales record slowest annual start in ten years; January new listings lowest in over thirty years

With 626 transactions processed on the MLS®, sales were off by 12.6 per cent compared to last month and down by 52.2 per cent compared to this time last year. The last time January sales were this low was in 2013 at 617 sales...

January stats

https://www.fvreb.bc.ca/statistics/fraser-valley-real-estate-sales-record-slowest-annual-start-in-ten-years-january-new-listings-lowest-in-over-thirty-years/

 

To-Dos: Your February Home Checklist

February is a time of year to indulge in home comforts like cooking big-batch meals, reading in the afternoon and watching movies with the family. Keep your home fresh and organized this month while you plan for warmer days ahead...

https://www.houzz.com/magazine/to-dos-your-february-home-checklist-stsetivw-vs~77195883

Home sales decline below long-term averages and inventory remains low in Metro Vancouver

The Real Estate Board of Greater Vancouver (REBGV) reports that residential home sales in the region totalled 1,022 in January 2023, a 55.3 per cent decrease from the 2,285 sales recorded in January 2022...

January stats

https://www.rebgv.org/market-watch/monthly-market-report/january-2023.html