“With market headwinds persisting, abnormally soft (sub 20%) presale absorption has occurred for two consecutive months within new project launches; this is the first time that we have seen this level of activity since summer 2020. Presale investors remain on the sidelines with no clear path forward

This summer has brought with it some truly remarkable Okanagan real estate projects, thoughtfully enhanced to showcase their finest features. All three developments bring a renewed appeal with stunning designs, prime locations, and exceptional amenities. For homebuyers and realtors, the revitalized

In January of this year, our Advisory team made predictions around what 2024 might hold in the yearly MLA Intel Report. As we pass the halfway point of the year, we will soon release this year’s Black Book, our comprehensive mid-year market update. In the evolving dynamics of real estate in the

The rental market in Metro Vancouver remains fiercely competitive, characterized by low vacancy rates and stable rent growth, reflecting a sustained high demand. While the pace of rent appreciation has decelerated compared to the previous two years, new developments continue to attract significant

June 2024 Fraser Valley Real Estate Market Insights Welcome to the June 2024 Fraser Valley Presale Pulse episode, a real estate show brought to you by hosts Suzana Goncalves and Brittany Reimer. Watch the video to understand the latest macroeconomics, presale, and resale trends over the last 30 days

Welcome to the June 2024 episode of the Presale Pulse, a real estate show brought to you by hosts Suzana Goncalves and Brittany Reimer. Watch the video to understand the latest macroeconomics, presale, and resale trends over the last 30 days affecting the local real estate market across Metro

“As we transition into the summer season, presale launch activity remains high – with 19 projects and over 2,200 units coming to market in May. Even so, urgency amongst buyers remains low, with prospects spending more time and touring a greater variety of projects before making the decision to

This spring’s presale market in the Lower Mainland has left many in the industry disappointed, with lacklustre activity and a palpable sense of uncertainty. However, the recent announcement from the Bank of Canada cutting the target overnight rate by 25 basis points to 4.75% could be the catalyst