Sponsored in part by Virtual Real Estate Assistants​

North Burnaby RE/MAX Reports Market Update 

Hi , your free RE/MAX Market Share Reports Plus many Advanced Market Reports.

Question? Do you know when 's market will switch to a Buyers Market, in advance?

Bottom-line if you are not using our Advanced Market Reports you have lost 25% of your profits.

Our Advanced Reports and the Stats Boot Camp Course empower Agents to get shaper prices;higher sell-through rates and to be able to show their clients the actual market trends.

Many of these Advanced Reports will probably look like gibberish until you take a lesson. Once empowered with your own personalized reports, then you can really understand the market trends to protect your clients and make you more money.    Standing by to help you :)  Bill Coughlin  778-374-3744  eXp Realty  




Now even Condominiums eked small gains in most communities this year!

Would like to to see the Condos Low & the Townhouse Changes too?   Note: All of these Home Price Changes are complied from the most accurate VMR Home Price Index (paired) HPIp

, if you do not want any future RE/MAX Market Reports  Please reply Remove Me and you will be sorely missed! :) Bill Coughlin

 

......
  Burnaby

Feb 1, 2024

gas gauge

Current:  Burnaby's Residential Detached housing market is in a Seller's Market with 18 %SOLD rate.
                (This means 18 homes out of 100 sold last month  with an average $54,000 decrease from the original price) Lesson

Most Active Range: Homes below $1.7 mill. have 43.3 %SOLD rate
Least Active Range: Homes between $3 mill.-$3.5 mill.have 4.2 %SOLD rate.

History: The Burnaby Year-To-Date Home Price Index HPIp (Top 50%) shows that prices increased $14,779.
               The Burnaby Home PriceIndexHPIp (Lower 50%) Year-To-Date shows that prices increased $71,073.
                   *The HPIp (Home Price Index) is an approximate reflection of the Average Home Price Changes.

Forecast: Burnaby has a normal Listing supply; 146 homes are for sale and with the 18 %SOLD monthly rate gives us a ~5 months of inventory. 5% of the active listings have reduced their price by $219,857 on average or $100,000  median. We project Burnaby now in Seller's market.

Greater Vancouver December 2023:

In January 2024, the Single-Family Detached Home Market in Greater Vancouver experienced an average monthly price increase of $3,444. This rise is influenced by low inventory levels compared to previous years and the anticipated mortgage rate cuts, which have boosted buyer confidence. We expect prices to stabilize in most Vancouver Detached Home Markets in the upcoming month.

Recent research highlights the ongoing pressure on the condominium market. However, there’s some positive news for townhomes: their values have gradually improved over the last month, with an average increase of $3,147. On the other hand, condominium prices have seen an average decline of $3,974 .

For the most accurate and up-to-date market trends, join us every Saturday at noon on VancouverMarketReports.com, where we analyze the winners and losers in each Lower Mainland city. For a comprehensive market value update, including forecasts and a thorough analysis of your neighborhood and local market area, please don't hesitate to contact Bill Coughlin and the Coughlin Team at 778-374-3744.

 

Fraser Valley December 2023:

In January 2024, the Single-Family Detached Home Market in the Fraser Valley experienced an average monthly price increase of $1,040. This rise is influenced by low inventory levels compared to previous years and the anticipated mortgage rate cuts, which have boosted buyer confidence. We expect prices to stabilize in most Vancouver Detached Home Markets in the upcoming month.

Recent research highlights the ongoing pressure on the condominium market. However, there’s some positive news for townhomes: their values have gradually improved over the last month, with an average increase of $4,281. On the other hand, condominium prices have seen an average decline of $2,095 .

For the latest and most accurate market trends, join us every Saturday at noon on VancouverMarketReports.com, where we analyze the performance of winners and losers in each Lower Mainland city. For a comprehensive market value update, including forecasts and a thorough analysis of your neighborhood and local market area, feel free to reach out to Bill Coughlin and the Coughlin Team at 778-374-3744.

 

 

Sponsored in part by Virtual Real Estate Assistants​


Since 1984 RE/MAX Agents have had an edge; their monthly RE/MAX Market Reports .. It has being my privilege to expand these reports into critical marketing tools. Thank You!  Bill Coughlin

My passion to help..... I seriously dream of new marketing tools to enable you make more money! 

OK the Advanced Market Reports are tooo complicated at first glance. These reports are now split  into

  • the Quick Reports for easy review
  • the Advanced reports that really needs a Stats Boot Camp lesson to fully comprehend
  • Forecasting for the Stats addicts like me.

Announcing the Instant Home Price Evaluator.  In the year 2012, 82% of listings from Burnaby to Chilliwack DID NOT SELL,  or were Discounted on sale an Amazing 7.8%* from the original list price!  Help to price it right has arrived! 18 % homes were listed at a salable price and sold within 3.7%* .

Our Instant Home Price Evaluator  on the right side takes just seconds and has an accuracy before adjustment of ~3.7%* of the resulting sale price 31% of the time.   * (on average)    
do call us for your custom reports and Stats Lessons  Bill Coughlin 778-374-3744

Spring 2014 Market News

 STOP  61% of 's listings from EXPIRING!

 

 

 

RE/MAX Market Share Reports

Sponsored in part by Virtual Real Estate Assistants​

 

Remax Report ...If you cannot see this image   you need to click through the top link

Hello  , fellow RE/MAX Agent.
These Re/MAX Market Share Reports are sponsored by
the Canada's Most Referred Referral Network! we thank  them for their support and please refer to them in your appreciation.

West Van - Steve Burk North Van - steve Burk Downtown Westend - Steve Burk Van Westside - Sharon Lum Coquiltam - Phil Haig Port Coquiltam and Port Moody -Phil Haig Mission - Bill Coughlin Chilliwack - Corney Les Cultus Lake - Bill Coughlin Abbotsford - Bill Coughlin North Langley - Jorda Langley - Bill Coughlin East Surrey - Greg Mark West Surrey - Greg Mark Burnaby - Albert Yen New West - John Mackenzie North Delta - Tom Edwards White Rock - Team Claude Richmond Multi Family - Larry and Taylor Biggar Richmond - Larry and Taylor Biggar Coal Harbour - Steve Burk N. Burr..by - Charlie Kiers Maple Ridge - Lori Blake Ladner Delta - Gurdial Badh East Van Multi Fmly - Gurdial Badh East Van -Charile Kiers Powell River - Ross Cooper Whistler Edmonton - John Carle Calgary - 1 Calgary - 2 Calgary - 3 Kelowna Edmonton - Jogn Carle 2 Calgary - 4 Calgary - 5 Calgary - 6 Calgary - 7 Calgary - 8 Calgary - 9 Calgary - 10 Calgary - 11 Calgary - 12 Calgary - 13 Nanaimo - Rudi Widdershoven Victoria RMR Referral Network The Network is growing and growing !
 

  

NOTE: This representation is based in whole or in part on  the Real Estate Boards of Greater Vancouver, Fraser Valley, Chilliwack which assume no responsibility for its accuracy.

Year 2015 Cumulative report         Year 2014 Cumulative report   Year 2013 Cumulative report   

Year 2012 Cumulative report   Year 2011 Cumulative report.. the BEST REPORT for your CMA to help you win the listings.                              Copyright © 2011 by Bill Coughlin

We thank Bill Coughlin for his support of these Burnaby Real Estate Updates which include sub-areas such as East Burnaby, Capitol Hill BN, South Slope, Government Road, Deer Lake etc. Contact Bill as the Local Expert.... more details.

Burnaby Real Estate Market updates for Deer lake, Goverment road and all other sub areas

Burnaby Real Estate Market updates for Deer lake, Goverment road and all other sub areas

Burnaby Real Estate Market updates for Deer lake, Goverment road and all other sub areas

Burnaby Real Estate Market updates for Deer lake, Goverment road and all other sub areas

Download the full BurnabyMarketupdatereport.PDF

Government Road, Deer Lake, East Burnaby, Capitol Hill BN, South Slope etc. sub areas updates for Burnaby

Government Road, Deer Lake, East Burnaby, Capitol Hill BN, South Slope etc. sub areas updates for Burnaby

Government Road, Deer Lake, East Burnaby, Capitol Hill BN, South Slope etc. sub areas updates for Burnaby

Government Road, Deer Lake, East Burnaby, Capitol Hill BN, South Slope etc. sub areas updates for Burnaby

This Burnaby Real Estate Market update includes the sub areas Government Road, Deer Lake, East Burnaby, Capitol Hill BN, South Slope etc.

 

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