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Greater Vancouver Real Estate Market – SECOND QUARTER of 2019

Buyers and Seller have more questions on the Housing Market now

Greater Vancouver Real Estate Market – SECOND QUARTER of 2019: There is too many question mark on the current real estate market now. Sellers are wondering is that a good time to sell; on the other side, buyers are also wondering is that a good time to buy. According to Metro Vancouver UA Take report, we have concluded the 6 questions and answers below:

 

1. What happens to those pre-sale projects???

Some projects plan to launch to the market in early 2019 but didn’t, they were not being canceled, just postponed. Given current market conditions and the nine‐month window, developers have to realize the required presales to obtain construction financing and a building permit is giving many developers of larger concrete condominium projects a cause for pause. UA recorded just nine new concrete condominium project launches in the first half of 2018, which is one‐third of the number of similar projects launched during the first six months of last year.

 

2. When and Where those projects will be launch??

Developers have to wait and see how’s the real estate market going first. So far, there is no sign to indicate any significant changes in the market. The new projects might launch on the 1st half of 2020, and the location must be the central location.

 

3. Who’s buying and what and where are they purchasing???

The greater willingness of developers to release wood frame condominium projects over concrete projects reflects the lower perceived risk of these projects, which are smaller in scale and appeal more to end-user purchasers who are attracted to the more affordable prices. As the analysis that follows will illustrate, sales activity in the wood frame condominium and townhome sector, both of which attract a higher proportion of end-user buyers than a concrete product, achieved much stronger absorptions than the concrete sector. The analysis will also show how much of the demand for a new multi‐family product in Metro Vancouver during the first half of 2019 was in the South of Fraser sub‐markets.

 

4. When those investors will return????

Historically, investors who are purchasing primarily for value appreciation purposes have been reluctant to re‐enter a market until they see definitive signs that it has reached the bottom of a cycle and that prices are beginning to recover from their low. It’s clear from the limited investor participation in marketing during the first half of this year that they don’t perceive the market as having reached the bottom of the cycle yet.

 

5. When the real estate market will recover????

Nobody knows – some reports predict 2020, some said at the end of 2020. UA suggests a number of consecutive months of MLS Vancouver statistics that show similar or improved year‐over‐year sales and pricing data will help shift the perception of market conditions among an increasing number of investors.

 

6. Is that a good time to buy???

Yes, Yes, Yes.

 

 

Full report is Here

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大温哥华房地产市场 – 2019年第二季度

买家和卖家现在对房屋市场有更多疑问

大温哥华房地产市场 – 2019 年第二季度：目前房地产市场上的问号太多了。卖家们想知道是卖出的好时机; 另一方面，买家也不知道是买的好时机。根据Metro Vancouver UA Take报告，我们总结了以下6个问题和答案：

 

1.那些樓花预售项目会怎样？

有些项目计划在2019年初投放市场，但没有，它们没有被取消，只是推迟了。鉴于目前的市场状况和九个月的窗口，开发商必须实现所需的预售以获得建筑融资，而建筑许可证正在为许多大型混凝土公寓项目的开发商提供暂停的原因。UA在2018年上半年仅发布了九个新的混凝土公寓项目，这是去年前六个月推出的类似项目数量的三分之一。

 

2.大概什么时候将推出这些项目？

开发商必须等待，看看房地产市场是如何走向是首要的。到目前为止，没有任何迹象表明市场有任何重大变化。新项目可能会在2020年上半年启动，位置必须是中心位置。

 

3.谁在购买，他们购买的是什么和在哪里？

开发商更愿意在具体项目上发布木框架公寓项目反映了这些项目的感知风险较低，这些项目规模较小，更吸引那些被更实惠价格吸引的最终用户购买者。正如下面的分析将说明的那样，木框架公寓和联排别墅部门的销售活动吸引了比混凝土产品更高比例的最终用户购买者，实现了比混凝土部门更强的市场吸收。该分析还将显示2019年上半年大温哥华地区新的多户产品需求在弗雷泽南部市场的需求量。

 

那些投资者什么时候会回来？

从历史上看，主要为增值目的而购买的投资者一直不愿重新进入市场，直到他们看到已经达到周期底部并且价格开始从低位回升的确切迹象。从今年上半年有限的投资者参与市场营销中可以清楚地看出，他们并未认为市场已经达到了周期性的抄底。

 

5. 房地产市场何时恢复？

没有人知道 – 一些报告预测到2020年，一些报告称在2020年底.UA表示连续几个月的MLS温哥华统计数据显示，同比或改善的同比销售和定价数据将有助于改变市场状况越来越多的投资者。

 

这是买的好时机吗？

对对对。

 

 

完整报告在这里{:}