Below find the detailed quarterly sales report for Greater Vancouver. Period covered is APR 01 2013 to JUN 30 2013 and compared to the same period in 2012.
Quarterly Statistical Report
Click image to download a PDF copy.
REBGV Quarterly Statistical Sales ReportBelow find the detailed quarterly sales report for Greater Vancouver. Period covered is APR 01 2013 to JUN 30 2013 and compared to the same period in 2012.
Quarterly Statistical Report Click image to download a PDF copy. 2013 July MLS Stats - Vancouver East & Vancouver WestBelow you can see the most recent MLS stats for 2013.
Vancouver East - MLS Stats July 2013 Click the image to download a PDF copy.
Vancouver East - MLS Stats July 2013 Click the image to download a PDF copy. Sale Price Averages - 1977 through April 2013The following graph shows the average residential sale prices from the REBGV, 1977 through April 2013.
First Quarter Sales Stats for 2013Here are the released sales stats for the first quarter of 2013, courtesy of REBGV. Please click any of the images below to open a full-sized PDF copy.
Vancouver approves a new Secured Rental Housing PolicyVancouver, like other Metro Vancouver municipalities, is scrambling to accommodate the 52% of residents who rent their home. The situation is expected to worsen given that 40,000 newcomers or about 18,600 households arrive each year, and of these 6,500 households are renters. Since 2007, less than 1,000 rental units per year have been built in Metro Vancouver. In 2009, to help address the problem, the City created the Short Term Incentives for Rental (STIR) program, which ran until December 2011. STIR provided incentives such as increased density and development cost levy waivers to builders of rental housing in both 100% residential and in mined-used buildings. But the program hand problems. While the 100% rental projects cost the city $4,900 per unit or a total of $1.8 million for 372 units, in contrast the 327 units in mixed strata/rental buildings cost $70,000 per unit, for a total of $23 million. The huge price difference has been attributed to building materials: the 100% rental units were in wood frame walk-ups, while the units in mixed use were in expensive-to-build concrete towers. But the chronic lack of rental housing isn’t going away. So on May 15, 2012 Council approved a new Secured Rental Housing Policy. Like STIR, it will provide incentives for developers but this program will be for 100% rental buildings only. Mixed-used developments will not qualify. The new Secured Rental Housing Policy is part of the City’s Housing and Homelessness Strategy which seeks to create 5,000 rental units in Vancouver by 2021. Incentives under the new policy will likely be similar to those of the STIR program which included: Affordable rental housing is vital for small businesses throughout the Lower Mainland to attract and keep workers, according to John Winter, President of the BC Chamber of Commerce, who notes: “Without affordable places to live that are close to jobs and transit, local employers will have trouble competing for talented workers. “ The Canadian Rental housing Coalition, of which the Real Estate Board is a founding member, supports Vancouver’s policy and is bringing national attention to the need for rental housing to stimulate the economy and provide affordable housing alternatives. Article from The Open House, June 1, 2012 50 Ways to Green Your Home and Save $$$ in Greater VancouverLOCATION 1. Green neigbourhoods 2. Transit-orientated density (TOD) 3. Lower Cost Luxury 4. Score your location HOME IMPROVEMENT 5. Get an energy audit 6. Install a high-efficiency heating system 7. Weatherize your home 8. Insulate your pipes 9. Insulate your hot water heater 10. Install a programmable termostat 11. Clean your furnace filter 12. Get the most from your fireplace 13. Use curtains 14. Install ceiling fans 15. Use an electric fan WATER 16. Fix leaks. Fix leaking taps 17. Instal a filter LIGHTING 18. Change your light bulbs 19. Sensor lights 20. Keep it dark 21. Holiday lights KITCHEN 22. Replace your fridge 23. Replace your dishwasher 24. Replace your freezer BATHROOM 25. Low flow shower 26. High efficiency or dual flush (you choose the amount of water used) toilets OFFICE 27. Use smart strips 28. Buy energy smart electronics 29. Recycle your old electronics YARD IMPROVEMENT 30. Conserve Water 31. Drip irrigation 32. Elbow grease 33. Less lawn 34. Grow your own 35. Presever your produce 36. Bee friendly 37. Go chemical-free 38. Plant fruit trees 39. Compost GREEN AND CLEAN 40. Clean freen 41. Green Laundry detergent 42. Upgrade your washing machine 43. Install a clothesline 44. Get a rack LIVING GREEN 45. Recycle 46. Buy local 47. Don't use paper or plastic FINANCING 48. Borrow green RESOURCES 49. Green Tool Kit COMING SOON 50. Loan programs February 6, 2012, Real Estate Board of Greater Vancouver Article Housing Market Spring Activity in AprilVANCOUVER, B.C. – Vancouver saw a typical, solid month of residential home sales on the MultipleListing Service in April, in contrast to the near record pace witnessed in the two preceding months.
The Real Estate Board of Greater Vancouver reports that residential property sales of detached, attached and apartment properties in Greater Vancouver reached 3,225 in April 2011, an 8.2 per cent decrease compared to the 3,512 sales in April 2010 and a 21 per cent decline compared to the 4,080 sales in March 2011.
Looking back further, last month’s residential sales represent an 8.8 per cent increase over the 2,963 residential sales in April 2009, relatively unchanged compared to April 2008, and a 4.8 per cent decline compared to the 3,387 sales in April 2007.
While it continues to be a seller’s market (Detached) in Greater Vancouver, last month’s activity brought greater balance between supply and demand in the overall marketplace,the REBGV president said. The year-over-year decline in April sales can be attributed to a less active condominium market on our MLS, as there were more detached and townhome sales this April compared to last year.
New listings for detached, attached and apartment properties in Greater Vancouver totalled 5,847 in April 2011. This represents a 23.5 per cent decline compared to April 2010 when 7,648 properties were listed for sale on the MLS, which was an all-time record for April. Compared to March 2011, last month’s new listings total registered a 14 per cent decline.
At 14,187, the total number of residential property listings on the MLS increased 8.2 per cent in April compared to last month and declined 10 per cent from this time last year.
There’s considerable variation in activity within the communities in our region. This is causing home price trends to differ depending on the area.
The MLSLink Housing Price Index (HPI) benchmark price for all residential properties in Greater Vancouver over the last 12 months has increased 5 per cent to $622,991 in April 2011 from $593,419 in April 2010.
Sales of detached properties on the MLS in April 2011 reached 1,402, an increase of 2.3 per cent from the 1,370 detached sales recorded in April 2010, and a 17.8 per cent increase from the 1,190 units sold in April 2009. The benchmark price for detached properties increased 7.4 per cent from April 2010 to $879,039.
Sales of apartment properties reached 1,201 in April 2011, a 21.3 per cent decrease compared to the 1,526 sales in April 2010, and an increase of 1.9 per cent compared to the 1,179 sales in April 2009. The benchmark price of an apartment property Sales of apartment properties reached 1,201 in April 2011, a 21.3 per cent decrease compared to the 1,526 sales in April 2010, and an increase of 1.9 per cent compared to the 1,179 sales in April 2009. The benchmark price of an apartment property increased 2.9 per cent from April 2010 to $409,242.
Attached property sales in April 2011 totalled 622, a 1 per cent increase compared to the 616 sales in April 2010, and a 4.7 per cent increase from the 594 attached properties sold in April 2009. The benchmark price of an attached unit increased 2.4 per cent between April 2010 and 2011 to $514,670. In the coming Summer months we should continue to see the strong activity of Westside Detached homes. I believe we will see a strong increase of activity in Apartments and Townhomes. For those who are considering a purchase in this sector of the market…now is a good time to buy.
As always I am available for your questions.
Warmest cheers! Real estate market stable at year-endThe Greater Vancouver residential housing market entered three distinctive phases in 2010. Continued buoyancy from the post-recession recovery began the year, followed by a summer lull and, throughout the fall, a sustained period of stability.
The Real Estate Board of Greater Vancouver (REBGV) reports that total sales of detached, attached and apartment properties in 2010 reached 30,595, a 14.2 per cent decrease from the 35,669 sales recorded in 2009, but a 24.2 per cent increase from the 24,626 residential sales in 2008. Last year's number of housing sales was 10.3 per cent below the ten-year average for annual Multiple Listing Service® (MLS®) sales in the region.
The number of residential properties listed for sale on the MLS® in Greater Vancouver increased 9.7 per cent in 2010 to 58,009 compared to the 52,869 properties listed in 2009. Compared to 2008, last year's total represents a 7.3 per cent decline compared to the 62,561 residential properties listed in 2008. The number of properties added to the MLS® peaked in April and generally declined for the remainder of the year. The last two years have been a bit of a rollercoaster for the real estate market. However, sales over the past six months have definitely shown a trend toward stability. We think that's good news for home buyers and sellers, Jake Moldowan, REBGV president said. The Greater Vancouver housing market experienced a modest increase in home prices in 2010, and a continual decrease in the number of properties being listed for sale.
Residential property sales in Greater Vancouver totalled 1,899 in December 2010, a decrease of 24.5 per cent from the 2,515 sales recorded in December 2009, an all time record for the month, and a 24.3 per cent decline compared to November 2010 when 2,509 home sales occurred.
More broadly, last month's residential sales represent a 105.5 per cent increase over the 924 residential sales in December 2008, a 0.1 per cent increase compared to December 2007's 1,897 sales, and a 12.6 per cent increase compared to the 1,686 sales in December 2006.
The residential benchmark price, as calculated by the MLSLink Housing Price Index®, for Greater Vancouver increased 2.7 per cent to $577,808 between Decembers 2009 and 2010. However, prices have decreased 2.6 per cent since hitting a peak of $593,419 in April 2010. Although we saw some pressure on home prices throughout the year, home values in 2010 remained relatively steady in the region compared to the last few years when we witnessed much more fluctuation, Moldowan said.
New listings for detached, attached and apartment properties in Greater Vancouver totalled 1,699 in December 2010. This represents a 21.1 per cent decline compared to the 2,153 units listed in December 2009 and a 43.9 per cent decline compared to November 2010 when 3,030 properties were listed.
Sales of detached properties in December 2010 reached 769, a decrease of 14.8 per cent from the 902 detached sales recorded in December 2009, and a 121.1 per cent increase from the 348 units sold in Attached property sales in December 2010 totalled 319, a decline of 30.5 per cent compared to the 459 sales in December 2009, and a 100.6 per cent increase from the 159 attached properties sold in December 2008. The benchmark price of an attached unit increased 2.7 per cent between December 2009 and 2010 to $490,869.
-source: REBGV
Categories:
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2011
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2012
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2013
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2014
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2020
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Active Listings
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Affordability
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Affordable Housing
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Amalia Liapis
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Apartment
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August Sales
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Awards
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Balanced Budget
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Bank of Canada
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banking
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BC
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BC Building Code
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BC Government
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BC Housing
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Beauty Salon
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Benchmark
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Benchmark Price
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Bill Morneau
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Bonds
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Boundary Road
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Bowen Island, Bowen Island Real Estate
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Brendon Ogmundson
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Brentwood Park
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Brighouse, Richmond Real Estate
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British Columbia
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Budget
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Budget Friendly
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Budget Renovation
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Building Management
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Burnaby
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Burnaby North Real Estate
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Burquitlam
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Business
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Business Owner
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Buying
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Buying Property
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Cafe
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Cambie
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Cambie Corridor
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Cambie, Vancouver West Real Estate
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Canada
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Capilano Highlands, North Vancouver Real Estate
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Cedar Cottage
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Cedar Hills, North Surrey Real Estate
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Central Park BS, Burnaby South Real Estate
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Champlain Heights, Vancouver East Real Estate
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Character Building
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Character Home
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Cheap
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Chilliwack
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Chinatown
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Christy Clark
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City of Vancouver
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City of Vancouver Declaration
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Civil Resolution
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Civil Resolution Tribunal
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CLI
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Closing Costs
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CMHC
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Coal Harbour
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Coal Harbour, Vancouver West Real Estate
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Collingwood
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Collingwood Vancouver East, Vancouver East Real Estate
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Collingwood VE, Vancouver East Real Estate
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Commerce
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Commercial
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Commercial Building
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Commercial Leading Indicator
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Concrete Building
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Condo
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Construction
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Contract
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Coquitlam
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Coquitlam West, Coquitlam Real Estate
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COVID-19
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CPI
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Creative
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CRT
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Current Demand
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Custom Built
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Custom Home
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Days on Market
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December 2018
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Declaration
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Decor
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Demand
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Demolition
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Detached Home
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Detached Homes
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Development
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Dispute
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Downtown Eastside
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Downtown NW
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Downtown NW, New Westminster Real Estate
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Empty Homes Declaration
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Empty Homes Tax
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Energy
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Entrepreneur
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Environmentally Friendly
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Fairview VW, Vancouver West Real Estate
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False Creek, Vancouver West Real Estate
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Family
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February Statistics
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Federal Government
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Financial
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Financial Market
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Financial Outlook
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financing
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First Nations
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First Time Buyer
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First Time Home Buyerr
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First-Time Buyer
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Fiscal Policy
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Fitness Studio
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For Sale
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forecast
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Foreign Activity
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Foreign Buyers Tax
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Foreign Tax
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Forest Glen BS, Burnaby South Real Estate
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Fraser Valley
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Fraser VE
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Fraser VE, Vancouver East Real Estate
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Gastown
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GDP
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Gentrification
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Glenayre, Port Moody Real Estate
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Global
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Government
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Government Sites
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Grants
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Greater Vancouver
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Green
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Gym
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Hastings
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Hastings Crossing
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Hastings, Vancouver East Real Estate
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Heritage Building
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Hidden Costs
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Historic Chinatown
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Home
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Home Decor
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Home Owner Grant
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Home Price Index
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Housing Update
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International
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Investment
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investments
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Justin Trudeau
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Kensington Gardens
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Kensington Heights
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Kerrisdale, Vancouver West Real Estate
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Killarney
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King Edward
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Kitsilano
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Kitsilano, Vancouver West Real Estate
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Knight, Vancouver East Real Estate
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Lower Mainland
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Luxury Home
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Luxury Market
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Lynn Valley, North Vancouver Real Estate
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Main Street
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Main, Vancouver East Real Estate
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Management
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Manufacturing
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Marine Way
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Market
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Market Demand
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Market Statistics
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Market Stats
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market trends
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Marpole, Vancouver West Real Estate
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Metro Vancouver
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Ministry of Finance
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Mixed-Use
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Monetary Policy
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Money Savings
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mortgage
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Mount Pleasant
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Mount Pleasant VE, Vancouver East Real Estate
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Mount Pleasant VW, Vancouver West Real Estate
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Multi-Family
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Multi-Use
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National Housing Strategy
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New Home
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New Listing
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Office Project
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Office Space
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Offshore
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Olympic Village
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Online Tribunal
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Open House
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Open Space
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Otter District, Langley Real Estate
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Partnership
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Point Grey
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Point Grey, Vancouver West Real Estate
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Port Moody Centre, Port Moody Real Estate
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Portfolio
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Price Gap
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Price Trends
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Prices
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Professional Business
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Projections
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Property
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Property Management
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Property Owners
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Property Taxes
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Property Transfer Tax
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Purchase
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QuadReal
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Queens, West Vancouver Real Estate
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Quilchena
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Quilchena, Vancouver West Real Estate
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Railtown
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Real Estate
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Real Estate Pricing
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Real Estate Sales
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Rebates
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REBGV
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REBGV Report
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Recycle
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Redevelopment
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Regulations
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Renfrew
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Renfrew Heights
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Renfrew Heights, Vancouver East Real Estate
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Renovation
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Renovations
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Rental
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Report
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Residential
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Residential Building
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Residential Sales
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Restaurant
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Restrictions
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Retail
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Retail Level
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Retail Sales
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Retail Space
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River District
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Sale
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Sales
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Sales Forecasts
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Sales Report
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Salmon River, Langley Real Estate
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Savings
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Selling
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Sentinel Hill, West Vancouver Real Estate
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Sequel 138
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Shaughnessy
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Silk Building
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Silver Valley, Maple Ridge Real Estate
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Single Family
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Single Storey
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South Burnaby
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South Granville
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South Granville, Vancouver West Real Estate
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South Vancouver
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South Vancouver, Vancouver East Real Estate
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Southeast Vancouver
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Southlands, Vancouver West Real Estate
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Speculation Tax
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Statis
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Statistics
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Stats
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strata
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Strata Owner
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Strathcona
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Streetfront
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Streetfront Retail
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Stress Test
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Suburbs
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Summer
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Sunnyside Park Surrey, South Surrey White Rock Real Estate
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Supply
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Surrey
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Survey
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Tax Savings
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Taxes
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Tech Space
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Tenant
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Tofino Real Estate
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Townhome
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Townhomes
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Townhouse
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Transit
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Two Storey
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University VW, Vancouver West Real Estate
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Update
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Upgrades
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Vacancy Tax
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Value
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Vancouver
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Vancouver East
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Vancouver Housing
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Vancouver Property Values
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Vancouver Real Estate
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Vancouver West
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Vancouver West Real Estate
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Vancouver]
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Victoria
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Victoria VE, Vancouver East Real Estate
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Views
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Water View
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Waterfront
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WeRentVancouver
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West End
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West End VW, Vancouver West Real Estate
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West Vancouver
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West Vancouver Real Estate
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Westbank
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Westender
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Westside
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Willoughby Heights, Langley Real Estate
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Yaletown
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Yaletown, Vancouver West Real Estate
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YVR
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Zoning
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