"Activity remained strong in August including promising absorption of concrete product. We do believe there could be a slight pullback in September as people adjust again to new rhythms with schools back in session.” Suzana Goncalves EVP, SALES AND MARKETING; PARTNER, MLA CANADA HIGHEST PRESALE

"Sales volumes remain steady within presale as townhomes continue to outperform and the economy recovers.” Suzana Goncalves EVP, SALES AND MARKETING; PARTNER, MLA CANADA LAUNCHES ACROSS NUMEROUS SUBMARKETS There were six project launches in July 2020 that released approximately 221 units to market

In the long term, Vancouver housing prices are heading one way — up. 2020 is a year that will never be forgotten. In every corner of society, in every industry, every business and household, the effects of COVID-19 are dramatic. Our daily lives, patterns and behaviours have shifted. Nobody has been

"We remain optimistic about growing sales activity and stable pricing and don’t expect to see any drop in activity as we historically often do during Summer. We continue to monitor closely how further Covid-19 impacts consumer confidence and the market as a whole, particularly as our neighbours down

"Sales volumes remain low overall and consumers need additional time to adapt to the new reality as we re-open the economy. However, we are cautiously optimistic as we see positive trends in inquiries into our Presentation Centres and increased sales from last month in presale.” Suzana Goncalves EVP

"The market momentum created in Q1 was clearly impacted as expected with April stats taking a dramatic slide down from March last month as well as April 2019. End-users will continue to keep the market going in the short-term as buyers fully adjust to the new normal. ” Suzana Goncalves EVP, SALES

"The market had been on a steady but sustainable upward trend since late 2019 and therefore it’s obviously disappointing to see this pull back. Extent of the COVID-19 implications is still widely uncertain, but we are expecting to see the market impacted for several months as we set our sights on a

DOWNLOAD THE FULL REPORT HERE "With challenging affordability issues, entry level price points continue to be the most active and sought after product within pre-sale launches in our marketplace. The recent easing of the mortgage stress test and increasing demand in many submarkets will support an

DOWNLOAD THE FULL JANUARY 2020 PRE-SALE REPORT "Resale statistics continue to see improvement in price appreciation and sales. January saw more presale homes released than we have seen since early Fall 2019 and with a 30 percent absorption rate this is a positive sign the market is improving at a