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
Buying a Pre-sale Townhome in the Okanagan
2 years
One of the important steps before purchasing a pre-sale property is to discover the intended use and outline your long-term goals. A pre-sale home is a perfect fit if you are not ready for a home but would like one in the coming years. It offers the ability to have a brand-new home locked in at
Introducing MLA Canada in the Okanagan
2 years
MLA Canada has had a vision of expanding to the Okanagan for many years. Their leadership team identified the potential the region has to offer their clients and homebuyers alike. When developer clients started to voice their wishes of expanding to the Okanagan, the team saw an opportunity to
Rare East Vancouver Townhomes at Format by Cressey
2 years
Introducing Format's final townhome release with only 7 homes remaining. Format by Cressey brings rare and sophisticated 2- and 3-bedroom homes ranging from 1,141 to 1,747 sq ft to East Vancouver, with TH-C that lives like a single-family home. Format’s final townhome collection features a selection
Five Pre-Sale Projects to Watch for Right Now
2 years
There are several exciting residential developments across Greater Vancouver and the Fraser Valley that are poised to make a splash in the market this year. Here are five exceptional developments currently underway. O2 Metrotown by Keltic One exciting development making strides in Burnaby’s
O2 Metrotown by Keltic
2 years
Coming to Burnaby’s most connected urban centre is O2 Metrotown by Keltic, a 32-storey luxury concrete building featuring a first-of-its-kind living experience. Keltic recognizes that our environment affects our physical and mental wellbeing. That is why O2 has been engineered with evidence-based
Why a Real Estate Slump Will Lead to Higher Prices
2 years
Cameron McNeill and Ryan Lalonde Featured on Episode #324 of the Vancouver Real Estate Podcast As the real estate market softens throughout Greater Vancouver, many are wondering what this means for new construction and the presale market in Vancouver. MLA Canada's President, Ryan Lalonde, and
Groundbreaking Success at Pacific House
2 years
Construction Is Officially Underway | 5 Homes Available On Wednesday, April 20 th, The Lexi Development Group and Lexi Development Group Construction took part in the successful and highly anticipated groundbreaking event for Pacific House – a collection of 66 one, two, and three-bedroom concrete
Urban Infrastructure's Influence on Pre-Sale Development
3 years
Thoughtful urban design and infrastructure are often front-of-mind for home buyers. When you’re deciding on a new neighbourhood, its walkability, commute times, and the distance to shops, services, employment, education, recreation, and other factors will impact your daily life. This is where public