News from Cartocci Real Estate Group

Housing market conditions continue to favour home buyers

Posted on Mar 29, 2019

The Metro Vancouver housing market saw increased supply from home sellers and below average demand from home buyers in February.

The Real Estate Board of Greater Vancouver (REBGV) reports that residential home sales in the region totalled 1,484 in February 2019, a 32.8 per cent decrease from the 2,207 sales recorded in February 2018, and a 34.5 per...

Read More

Fewer home sales and listings in the first quarter of 2018

Posted on Apr 10, 2018


Home buyers and sellers were less active in Metro Vancouver* throughout the first quarter of 2018. 

The Real Estate Board of Greater Vancouver (REBGV) reports that residential home sales in the region totalled 2,517 in March 2018, a 29.7 per cent decrease from the 3,579 sales recorded in March 2017, and a 14 per cent increase compared to February 201...

Read More

New listings are slow to appear - Seller's market

Posted on Mar 02, 2017

Residential home sales in the region totalled 2,425 in February 2017. This is a 41.9 per cent decrease from the record 4,172 homes sold in February 2016 and an increase of 59.2 per cent compared to January 2017 when 1,523 homes sold.

Last month’s sales were 7.7 per cent below the 10-year February sales average.

“February home sales were well below th...

Read More

Lukewarm 

Posted on Feb 17, 2017

Residential property sales in the region totalled 1,523 in January 2017, a 39.5 per cent decrease from the 2,519 sales recorded in January 2016 and an 11.1 per cent decrease compared to December 2016 when 1,714 homes sold.

Last month’s sales were 10.3 per cent below our 10-year January sales average.

“From a real estate perspective, it’s a lukewarm s...

Read More

Fall around the corner, what a crazy year so far..

Posted on Sep 21, 2016

What an incredible year we have had in Vancouver's Real Estate Market! With the summer to fall market transition and since the introduction of the new 15% Foreign Buyer Tax, there was a decline of 26% in sales recorded this August compared to August of 2015. This is also a 22.8% decline compared to last month's sales. For the second straight month...

Read More

Market still sustains activity 

Posted on May 13, 2016

Residential property sales in the region totalled 4,781 in April 2016, an increase of 14.4 per cent from the 4,179 sales recorded in April 2015 and a decrease of 7.6 per cent compared to March 2016 when 5,173 homes sold.

April sales were 41.7 per cent above the 10-year sales average for the month.

“Home buyer competition remains intense across the re...

Read More