January 2025 Presale Report: Market Lows and Steady Strides

"The holiday months are typically quiet as sales galleries close and kids are off for Winter Break. This year was no exception, and it shows in the data. As we enter a new year in the presale space, developers remain challenged with the same themes from last year – mainly high costs to deliver and
Taking Stock on the Real Estate Market in BC
2 years
In light of rising inflation, increasing interest rates and economic uncertainty in the financial markets, the real estate market performed in line with expectations throughout the month of June. Across Greater Vancouver, the Fraser Valley and Greater Victoria, the resale market continues to reckon
Positive Long-Term Perspective for Pre-Sale Pricing
2 years
British Columbia is facing strong headwinds amid a global pandemic, supply chain disruptions, rising construction costs, and historically low unemployment rates. All these variables have influenced pricing in the real estate market. Ryan Lalonde and Cameron McNeill participated in the Vancouver Real
MARKET PERFORMANCE IN VICTORIA: STEADY INTO SPRING
2 years
While many Canadian markets are nervously eyeing the impacts of a cool-down following interest rate increases, Victoria, B.C. is tracking on a stronger path than many comparable municipalities. A recent report released by the Victoria Real Estate Board (VREB) emphasized that data shows the market
Fraser Valley June 2022 Pre-Sale Pulse
2 years
May 2022 Pre-Sale Real Estate Market Insights THIS EPISODE IS NOW AVAILABLE IN AUDIO Listen on your favourite audio streaming platform: Apple, Spotify, Amazon Music, iHeart Radio In our June 2022 episode of the Fraser Valley edition of the Presale Pulse President of MLA Canada Ryan Lalonde, and
June 2022 Pre-Sale Pulse
2 years
May 2022 Pre-Sale Real Estate Market Insights THIS EPISODE IS NOW AVAILABLE IN AUDIO Listen on your favourite audio streaming platform: Apple, Spotify, Amazon Music, iHeart Radio Download Report "Presale activity stabilized across Metro Vancouver in May, achieving 32% same-month absorptions -
Top Considerations for Developing in a Tough Economy
2 years
In today’s economic environment, embarking on a new development project can feel particularly imposing. Any group thinking of creating a new residential build must consider several evolving factors in the landscape and the logistics. Luckily, advisory support teams can assist with identifying the