News from Cartocci Real Estate Group

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...

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2014 Fall Recap

Posted on Dec 19, 2014

  • The rental market report said Metro Vancouver’s apartment vacancy rate fell to 1% in October from 1.7 % in October 2013.
  • This fall's sales were 16.6% above the 10 year average! We've seen strong and consistent demand from home buyers throughout this year. This has led to steady increases in home prices of between 4 - 8% depending on the property.
  • The...

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2014 Summer Recap

Posted on Sep 04, 2014

  • Residential property sales in Greater Vancouver represent a 10.2% increase compared to sales recorded in August 2013, and a 9.5% decline compared to sales in July 2014.
  • It is not unusual to see such strong activity over the summer. The volume of home sales has been higher than we've seen in the last three years, yet below the record-breaking levels...

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Spring has Sprung, Summer here we come!

Posted on Apr 17, 2014

  • We continue to see steady and stable market conditions across the Greater Vancouver housing market. There has been a consistent balance between home seller supply and home buyer demand in our marketplace over the last year.
  • Home buyer demand picked up in February, which is consistent with typical seasonal patterns in our housing market. We typically...

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Fall Market Recap

Posted on Dec 15, 2013

  • Residential property sales in Greater Vancouver have reached a 37.7% increase compared to sales recorded in November 2012, and a 12.8% decrease compared to sales in October 2013.
  • Last month’s sales were 1.2% below the 10-year sales average for the month, while new listings were 1.5% above the 10-year average for November.
  • There has been steady and co...

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Up Rising Market!

Posted on Oct 31, 2013

The British Columbia Real Estate Association has recently explained that consumer demand in the province’s largest market has rebounded after declining for most of 2012. The impact of tighter credit conditions for low equity home buyers has dissipated and potential home buyers once concerned about market risk are now focused on locking in a low mor...

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