Whether you should buy in a down real estate market depends on your personal financial situation and investment goals.

Historically, buying property during a market downturn can be a good opportunity to purchase at a lower price, but it also comes with increased risk.

It is important to consider factors such as your ability to hold onto the property for the long term and the potential for appreciation in the future.

It is highly recommended that you consult with a real estate professional like me Jessica Prasad and financial advisor before making any real estate investment decisions.

Please call me about your 2023 real estate goals 778-241-8946

@jessiacrealty #ilovehomes ❤️#vancouver #buyahouse #remax #realestategoals #realtornearme

The Real Estate Board of Greater Vancouver (REBGV) reports that residential home sales in the region totalled 28,903 in 2022, a 34.3 per cent decrease from the 43,999 sales recorded in 2021, and a 6.6 per cent decrease from the 30,944 homes sold in 2020.

Last year’s sales total was 13.4 per cent below the 10-year sales average.

Last month’s sales were 37.7 per cent below the 10-year December sales average.

There were 1,206 detached, attached and apartment properties newly listed for sale on the MLS® in Metro Vancouver in December 2022. This represents a 38 per cent decrease compared to the 1,945 homes listed in December 2021 and a 60.5 per cent decrease compared to November 2022 when 3,055 homes were listed.

For all property types, the sales-to-active listings ratio for December 2022 is 17.5 per cent. By property type, the ratio is 12.3 per cent for detached homes, 19.5 per cent for townhomes, and 21.7 per cent for apartments.

Call me for a current update on what’s happing in your housing market! When is a good time to buy or sell? 

#ilovehomes  for more details about this current housing market please call me
778-241-8946
@jessicarealty
#vancouver #buyahouse #sellahouse #remax #realtornearme

#Housing #Market #cooloff … we’ll we’re cold now! 

Metro Vancouver’s housing market sees fewer home buyers and sellers in August!
 
Metro Vancouver’s housing market is experiencing a quieter summer season marked by reduced sale and listing activity.
 
The Real Estate Board of Greater Vancouver (REBGV) reports that residential home sales in the region totalled 1,870 in August 2022, a 40.7 per cent decrease from the 3,152 sales recorded in August 2021, and a 0.9 per cent decrease from the 1,887 homes sold in July 2022.
 
Last month’s sales were 29.2 per cent below the 10-year August sales average.

Full Report Link: https://www.rebgv.org/content/rebgv-org/market-watch/monthly-market-report.html

Call me for a current update on what’s happing in your housing market! When is a good time to buy or sell? 

#ilovehomes  for more details about this current housing market please call me 778-241-8946
@jessicarealty
#vancouver #buyahouse #sellahouse #remax #realtornearme

PNE Summer Night Concerts

PNE Fair 2022 Concerts Lineup

Saturday, August 20 –  The B-52s Farewell Tour
Sunday, August 21 –  Blue Rodeo
Tuesday, August 23 – Barenaked Ladies with Special Guest Kim Mitchell
Wednesday, August 24 –  Cake
Thursday, August 25 – Vancouver Symphony Orchestra: A Tribute to the Beatles
Friday, August 26 – Stars of Drag. “A night of True Colours”
Saturday, August 27 – Gipsy Kings Feat. Nicolas Reyes
Sunday, August 28 – Chicago
Tuesday, August 30 –  Steve Miller Band
Wednesday, August 31 – TLC & Shaggy
Thursday, September 1 – Brothers Osborne
Friday, September 2 – Nelly
Saturday, September 3 – BACHMAN CUMMINGS
Sunday, September 4 – The Beach Boys – Sixty Years of the Sounds of Summer
Monday, September 5 – Chaka Khan & Patti LaBelle

Get tickets https://www.ticketleader.ca/events/detail/summer-night-concerts-2022