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The Market Is Sorting Homes Into Two Piles
Inventory Surge Meets Buyer Patience
May 15
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Jesse Kleine
4
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The Market Is Sorting Homes Into Two Piles
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April 2025
Chilly March for real estate
There is a lot of inventory sitting, and very few deals getting done.
Apr 3
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Jesse Kleine
2
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Chilly March for real estate
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December 2024
Rates down, sales up, prices stable
50 bps cut today
Dec 11, 2024
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Jesse Kleine
1
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Rates down, sales up, prices stable
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November 2024
Buyers on the move
This October saw a ~35% jump in home sales compared to both the previous month and the same time last year, reversing a trend from summer and early…
Nov 5, 2024
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Jesse Kleine
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Buyers on the move
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October 2024
Canada's population is about to shrink
Canada’s population growth is set to change drastically, dropping from around 1.3 million people per year to around zero.
Oct 30, 2024
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Jesse Kleine
1
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Canada's population is about to shrink
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Fears of the mortgage renewal cliff ease
Despite media concerns about a potential mortgage renewal cliff, Vancouver's real estate market hasn’t experienced significant disruption.
Oct 18, 2024
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Jesse Kleine
1
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Fears of the mortgage renewal cliff ease
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September 2024
Canada gives the green light for more mortgage debt
CMHC announced an overhaul to their mortgage rules today.
Sep 16, 2024
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Jesse Kleine
1
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Canada gives the green light for more mortgage debt
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An attractive entry point?
Sales in August were still 15% lower than August 2023, even though fixed mortgage rates are about 1.5% lower than last year.
Sep 11, 2024
•
Jesse Kleine
4
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An attractive entry point?
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August 2024
Two rate cuts later: where are the buyers?
Underwhelming Response to Rate Cuts
Aug 2, 2024
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Jesse Kleine
2
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Two rate cuts later: where are the buyers?
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May 2024
Bid-ask gap in Vancouver real estate
Listings Outpacing Sales
May 27, 2024
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Jesse Kleine
5
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Bid-ask gap in Vancouver real estate
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September 2023
No relief for mortgage holders
Rates are going higher for longer
Sep 25, 2023
4
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No relief for mortgage holders
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July 2023
Mortgage rates surge and summer slowdown starts
Is it seasonality or fundamentals?
Jul 7, 2023
1
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Mortgage rates surge and summer slowdown starts
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