Click on the banner to search Macdonald Realty listings

Click on the banner to see this month's Macrealty Real Estate Market Reports

Thursday, July 11, 2024

Fraser Valley home sales fall despite Bank of Canada rate cut

The Fraser Valley Real Estate Board recorded 1,317 sales in June, down by 13 per cent over last month and by more than 30 per cent over both last year and the 10-year seasonal average.

While sales remain soft, inventory continued to build for the sixth straight month to 8,350 active listings. Active listings increased 41 per cent over June 2023 and are the highest they’ve been in five years...

June stats:

Thursday, July 04, 2024

Market shifting in buyers’ favour, though hesitation remains

Metro Vancouver home sales registered on the MLS® remained below seasonal and historical averages in June. With reduced competition among buyers, inventory has continued to accumulate to levels not seen since the spring of 2019.

The Greater Vancouver REALTORS® (GVR) reports that residential sales in the region totalled 2,418 in June 2024, a 19.1 per cent decrease from the 2,988 sales recorded in June 2023. This was 23.6 per cent below the 10-year seasonal average (3,166)...

June stats:

Tuesday, July 02, 2024

To-Dos: Your July Home Checklist

With summer in full swing, the month of July can seem to zip by. Care for your house inside and out, and enjoy the good times of summer...

Sunday, June 23, 2024

60 Things You Need to Clean This Summer to Give Your Home Its Deepest Clean Yet!

Spending sunny days inside cleaning might be the last thing you want to do as summer approaches, but to keep dirt and dust from getting out of hand (and therefore harder to clean later), it’s important to maintain all the hard work you put in during the spring season...

Tuesday, June 11, 2024

Spring inventory continues to build in the Fraser Valley to levels not seen in nearly five years

Slower seasonal sales helped build inventory to its highest level since September 2019 in the Fraser Valley in May, creating more balanced market conditions for home buyers and sellers. The increase in supply over the past several months has further contributed to a softening of price growth, which is good news for buyers. 

Active listings increased eight per cent from April to May to 7,904 — up 42 per cent over May 2023 and 19 per cent above the 10-year average...

May stats:

Tuesday, June 04, 2024

Home sales down in May while inventory continues to increase

The number of transactions on the Multiple Listing Service® (MLS®) declined in May compared to what is typical for this time of year in Metro Vancouver. This shift has allowed the inventory of homes available for sale to continue to accumulate with over 13,000 homes now actively listed on the MLS® in the region.

The Greater Vancouver REALTORS® (GVR) reports that residential sales in the region totalled 2,733 in May 2024, a 19.9 per cent decrease from the 3,411 sales recorded in May 2023...

May stats:

Saturday, June 01, 2024

To-Dos: Your June Home Checklist

Summer officially begins June 20, but why wait until then to get into the summer spirit?                         Get your house ready for summer with a mix of maintenance musts and breezy room refreshes... 

Friday, May 24, 2024

Buying a second home: How it works in Canada

Here’s what home owners and investors should know about the rules, financing options and tax implications of buying a second property...

Photo courtesy of TOURISM VANCOUVER

Photo courtesy of TOURISM RICHMOND

Photo courtesy of CITY OF BURNABY


Photo courtesy of CITY OF SURREY