Late Spring Rush 2024; High End Upper Lonsdale Sales Slow
Posted on Jun 17, 2024 in Real Estate
Sales in Upper Lonsdale, just like most markets has been low this year. That is in part, due to a very low supply. Other key factors are the BC Gov mandate of increased density (people waiting on this before making decisions) and mortgage interest rates.
It is great news to see an extremely slow spring sales volume (2 detached homes sold in Upper Lo...
Interest Rate Drop Long Over Due
Posted on Jun 07, 2024 in Real Estate
Press Release From BC Real Estate Association
The Bank of Canada lowered its overnight lending rate this morning by 25 basis points from 5 per cent to 4.75 per cent. In the statement accompanying the decision, the Bank noted that first quarter real GDP growth was below forecast, and recent data suggests the economy in operating in excess supply. On...
Ask Google, Who Is The Best Upper Lonsdale Real Estate Agent
Posted on May 18, 2024 in Real Estate
Below you will see list of other Top Ranking keywords where you can find Kevin Lynch for Upper Lonsdale and his expertise in the area.
Above you c...
North Vancouver Active Listings Well Below Average Spring Volumes
Posted on May 12, 2024 in Real Estate
Below are some graphs that show North Vancouvers Listing Count by area compared to the past 20 years.
Both Upper Lonsdale and Central Lonsdale have low inventories compared to their historical listings counts over the past twenty years at this time of the year, while Braemar and Princess Park both have very low inventory levels.
The graph above share...
Upper Lonsdale Homes vs Other Top North Vancouver Areas
Posted on May 01, 2024 in Real Estate
Upper Lonsdale has many amazing homes, including one of the most expensive homes on the market today. Take a look into how Upper Lonsdale compares to other top North Vancouver areas on these live graphs. The above live graph shows Upper Lonsdale Median sales prices compared to North Vancouver, Canyon Heights and Pemberton Heights.
Below shows the Upp...
Over 66% of Upper Lonsdale Homes Sold March 2024 Had Multiple Offers
Posted on Apr 02, 2024 in Real Estate
The Upper Lonsdale market is red hot right now. Sales have jumped to 9 sales; close to years ten year average of 10.4 sales. What is most notable is the volume of buyers in the market as indicated by 66% of the sales going into multiple offers.
The spring market is usually the busiest time of year and as long as there is sufficient inventory coming...