Summary Southern California’s real estate market continues to race ahead of last year’s performance in terms of both unit sales and prices. Building on the June’s momentum, sales of single-family homes increased by 26% and apartments by 30% on a month-to-month basis. Overall, this brings the total sales of single-family homes and apartments to 6% […]
Ninety-one of the 100 most expensive zip codes in the U.S. are located in the Golden State, including six of the top 10 and three of the top four. Even in the midst of a global pandemic that has dealt severe blows to economic growth and consumer confidence, some of California’s most important real estate […]
Competition in Vancouver’s lucrative real estate market doesn’t only take place between buyers ferociously bidding on a home or sellers biding their time looking to sell at the highest price. Real estate agents also compete fiercely against one another to rank among the top of the top, and to see who comes away with the […]
Summary The overall cost per square foot of apartments in downtown Vancouver has remained fairly stable since 2019 West Cordova Street in Coal Harbour remains the most expensive area in Downtown Vancouver, with prices ranging from $1,500 – $2,500 per sq.ft. The most affordable area is in the Downtown Eastside along Main, where apartments cost […]
Summary Although the San Francisco Bay Area has experienced one of the largest COVID-19 real estate market slowdowns in the US, June featured an array of positive market indicators There was a significant increase in home sales in June compared to May 2020 The median price of detached homes continues to increase year-over-year; mixed results […]
Summary Southern California’s real estate market experienced a major rebound in sales from May’s low-point, despite still falling short of 2019 numbers Overall sales of single-family homes increased by at least 40%, with apartment sales increasing by 60% Active inventory of single-family homes dropped year-over-year across all counties resulting from surging demand and fewer listings […]
Summary Sales of single-family homes and townhouses/condos increased dramatically in June by 62.3% and 65.5% respectively from May Increased housing demand has reduced available inventory to decade-low levels, which has pushed prices upwards Median sold prices of single-family homes and condos grew by 4.4% and 2.6% year-over-year respectively Larimer County posted impressive increases in the […]
Summary Apartment buyers in the Greater Vancouver area are exhibiting an increased willingness to pay for an apartment in 2020. Buyers in 2019 paid, on average, 5.2 percent below assessed value for an apartment, while buyers in 2020 are willing to pay an average of 4.4 percent above assessed value The Covid-19 lockdown has not […]
Forbes Business Council Is an Invitation-Only Community for Successful Business Owners and Leaders Vancouver, BC, July 13, 2020 — Sam Mehrbod, CEO and Co-Founder of roomvu, a real estate Tech startup that helps Realtors convert their Audience to Leads, has been accepted into the Forbes Business Council, the foremost growth and networking organization for […]
Summary Increasing demand for houses has reduced available inventory, resulting in a bidding war among buyers that has pushed prices up Sales are down 12.27% year-over-year, but jumped more than 39% month-over-month Median prices have increased in suburban areas more than urban ones due to buyers now being able to work from home or take […]
