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
2019 Year in Review
5 years
As another year comes to a close, there has been a great deal of attention on the local real estate market these past 12 months. This year was less eventful with regards to no new taxes implemented or significant changes to financing requirements. This has been a positive respite for buyers and
November 2019 Pre-Sale Real Estate Insights
5 years
DOWNLOAD THE NOVEMBER 2019 PRE-SALE REPORT “Nearly 50 per cent of the units across all projects released in 2019 have sold, with a noticeable increase in the last three months. This, along with the trending positive sales numbers in the resale market gives us an optimistic outlook for 2020.” -
October 2019 Pre-Sale Real Estate Insights
5 years
DOWNLOAD THE OCTOBER 2019 PRE-SALE REPORT "We continue to see increased activity in entry-level and value-driven segments across all product types and in both resale and pre-sale. Ground orientated product in the Fraser Valley continues to perform well while activity for pre-sale concrete inventory
Making Change with Abbotsford’s 200k Plan
5 years
Over one hundred years ago, agriculture made a name for Abbotsford, and it still features prominently in the region’s economy and lifestyle. This pioneering spirit has become a legacy, instilling a sense of innovation, determination, and opportunity. Now the heart of the Fraser Valley, this urban
The Future of Housing
5 years
As lifestyles and technologies rapidly shift, so too do the needs and preferences of homeowners. The features in demand yesterday and today may be obsolete tomorrow, which is why developers and real estate marketers pay close attention to trend forecasts and study homeowner needs. It was only in the
September 2019 Pre-Sale Real Estate Insights
5 years
DOWNLOAD THE SEPTEMBER 2019 PRE-SALE REPORT "The resale market is noticeably gaining strength across most major markets. September 2019 saw a 46 per cent increase in sales activity for all product types compared to 2018. This activity on the resale market is typically a precursor to an increase in
Understanding the New Burquitlam
5 years
Both Coquitlam and Burnaby have seen incredible growth over the decades, with pockets in each city transforming into robust new communities. Burquitlam, also known as West Coquitlam, is one of these new neighbourhoods, and has been on the rise since the Lougheed Highway first paved through the land
What Millenials Want
5 years
Now that the First-Time Home Buyer Incentive has launched as of September 2nd, we can expect more home buyers applying to qualify to reduce their monthly mortgage costs. However, even with the 5% or 10% shared equity mortgage incentive offered by the Government of Canada, there will be a struggle