If you've been checking out Vancouver real estate stats or maybe you overheard a realtor or mortgage broker at the table beside you mention a “sales to active listing ratio” and wondered what the heck that is this is the video for you.

As defined by the real estate Board of greater Vancouver sales to active listing ratio measures supply and demand by looking at the total supply of homes for sale compared to sales during the month

BUYER’S MARKET 12% OR BELOW
BALANCED MARKET 12-20%
SELLER’S MARKET 20%

To calculate this out you take the sales, for that time period depending on how you’re calculating it but usually it’s monthly, and you divided by the amount of active listings, which are listings that are currently available for sale.  As defined by the Vancouver Real Estate board, higher percentage means a larger portion of available listings have sold which indicates buyer demand. A sales active listing ratio above 20% indicates a sellers market that buyers demand could be working for you as the seller!
I sales to active listing race between 12 and 20% is actually considered a balance market which can mean the sellers and the buyers have about the same clout. And that usually results in the home prices rising with the long-term average rate. Nothing too crazy is going on.
Finally a sales to active listing ratio below 12% indicates more homes for sale in that area because a smaller percentage of the available listings are actually selling. Now that is considered a buyers market. Which can mean the sales are working in the favour of the buyer. They have more to select from and because there’s usually less active buyers in that circumstance those who are selling have a little less negotiating power.

And that is the sales to active listing ratio… it is important to note however.. Like everything in the real estate market just because there’s a ratio, or some numbers to back up an idea it does not necessarily mean that the home or property that you were looking at will play into the “typically market” indicator. Their are many factors to consider when buying or selling.

As always, please feel free to reach out with any questions! All the best

Here is the Metro Vancouver real estate market update for May 2023 which means we're gonna be talking about the April Numbers. real estate Board of greater Vancouver mentioned a surprising come back in their last market update for the April numbers 2023. And this video we're gonna be going over those numbers and talking about what they meant by a surprising comeback.

Remember when you're going over these numbers to keep in mind that this is Metro Vancouver, and not a specific area if you're trying to look for specifics, you can follow the link to the real estate Board of greater Vancouver's website and take a look at the market stats in a more specific area or feel free to reach out to me and I can give you some more accurate statistics for your product type and location. One other thing to keep in mind when you're going over statistics is if you're looking at market trends don't just look Monte month year to year but also multiple years in a row. I'm sure you heard that 2021 and 2022 were record highs here in Metro Vancouver, but also all over the world and then in 2023 we saw a significant downfall. We're still seeing some of that fall off in the GVRD and around Canada. Closer to Vancouver is starting to level out, according to the numbers, but also keep in mind for investment purposes, real estate like any other investment is not necessarily guaranteed. My favourite part about real estate as an asset is that you can live in it! 

Here a link to the strait Board of greater Vancouver's market watch where you can find these numbers for yourself and numbers from previous months and years. https://www.rebgv.org/market-watch/monthly-market-report.html

Make sure to follow me on TikTok, Instagram, Facebook, YouTube, for more updates at home tours you can find those links at the bottom of this page. Always feel free to reach out to me with any questions or concerns.

I made this video in January 2023 but most of the content is still relevant. When is the best time to buy real estate? Of course it depends on your goals and that is part of the research that you need to be doing. The best time to buy real estate, if that is a goal of yours, is “when you can.” But what does that mean? "When you can" means when you've done all of the homework… this includes financial research, market research, neighborhood research, personal research… "When you can" is different for absolutely everybody. Don't let anybody tell you you should! This decision should always be yours and yours alone.

In this video, I am going to teach you the 'rules' of when to buy real estate. We'll cover topics like location, budget, and more. If you're looking to buy real estate, then you need to know the rules!

I’ll teach you the key factors you need to consider when buying real estate. From budget to location to market conditions, we'll cover everything you need to know in order to make an informed decision about when to buy! When should you buy? Is now a bad time to buy? Everyone wants to buy at the right time! Buy low sell high That makes sense doesn’t it…? Well, of course, it does in theory. In this I break down when is a good time and when is the bad time to buy. I’ll start by doing a simple explanation of trends and seasons, move on to some advice from one of the world's best investors, give you a story about my first condo purchase, let you know who I think it's “good and Bad” for and finally wrap it all up with a summary of when is a good time and when is a bad time to buy. REMEMBER!!! This is about your personal goals, your personal capacity, and your situation. Many people do not share the privilege of being able to pursue real estate and that is in no way a refection of them. I hope to inform, update, educate and empower. Never pressure, only inspire!

Do I recommend everyone gets into real estate? Well, as a realtor, you would assume I would say yes… But absolutely not. Real estate is not for everyone.

Personally, I do believe in the real estate market… I do own in the lower mainland… I do feel safe in my investment. But nothing is guaranteed. Your ability to own real estate does not in any way, shape or form, reflect upon you as a person, or your level of success. 

Let me know what you think. And if you have any questions or concerns, please feel free to reach out.

Why on earth are there so many Vancouver specials? If you've seen one you've seen 1000. What does a Vancouver special have to do with our Vancouver’s housing crisis? 
If  are a Vancouverite and you don’t know who Uytae Lee is, you’re missing out! In this video Uytae breaks Vancouver special, and what it has to do with the Vancouver housing crisis…

“From the 1960s to the 1980s, one specific house was constructed in Vancouver over 10,000 times. Known today as the Vancouver Special, these houses could offer solutions to the current housing crises in cities across Canada. ‘Stories About Here’ explores the urban planning challenges that communities across Canada face today. In each episode we dig into the often overlooked issues in our own backyards - whether it’s the shortage of public bathrooms, sewage leaking into the water, or the bureaucratic roots of the housing crisis. Through it all, we hope to inspire people to become better informed and engaged members of their communities.” CBC Vancouver youtube

Supply and demand. Low supply in high demand drives up price. I've had this conversation with many people, and almost, regardless of how we look at it we have a low supply of housing in Vancouver. This means housing that is available for long-term rent or purchase. They're just simply isn't enough for the demand. And the demand grows every year, but the housing supply seems to lag behind. Vancouver special was a unique solution to this problem 60 years ago but, as Uytae Lee explains, people want a solution, but often don't want to have to change anything about their lives for it to be implemented. Give me wrong! If you are lucky enough to own, or live in a Single family home of course there's a good reason a good argument to not want a 30 story condo building right next door. But refusing the zoning changes, refusing, multifamily homes, is to refuse the very solution. There's so much red tape now to building, rezoning, and densifying that the costs are skyrocketing. On average a Vancouver home almost doubles in price every 10 years for the last 20 years… Thats insane! 

I think we all need to help find solutions and suggest to our regulatory bodies to push those forward. We need more homes, we need more non-market housing and we need them faster.

This is the April 2023 metro Vancouver real estate market update. I will be going over to Vancouver real estate market numbers provided by the the real estate board of greater Vancouver. Whether you're buying or selling or just curious, this is a great way to stay in touch with what's happening month-to-month in the real estate market here in Vancouver. I'll talk about the individual numbers for condos, townhouses, detached homes will go over the active listings, sales, benchmark price, as well as average days on market. And this video a break down what is a sales to active listing ratio and how you can use it to determine what kind of market condos, town, houses, detached homes may be in.

If you have any questions whatsoever, please feel free to reach out to me here! Or on anyone of my social media tags which I have listed below. Also, if you're curious as to what is out there, feel free to take a look at my website, you can save searches, say favourites reach out to me whenever you need. Or, check out my Vancouver property tours on Instagram, TikTok, YouTube, or Facebook. You can find them by searching #TouringWithTyler

https://www.instagram.com/tylerburrowsrealtor/

https://www.tiktok.com/@thetylerburrows

And here is the link to the real estate board of greater Vancouver's market update you can follow this and check out the numbers for yourself.

https://www.rebgv.org/market-watch/monthly-market-report.html

Whether you are buying or selling, it's important to understand what's going on in the market. Each month I release a real estate market highlight video for metro Vancouver to keep you informed and updated.

In each video I go over, detached homes, townhouses, and condos, and how they have been flow with the market throughout the year. I'll also tell you what type of market, each one of those falls into and how you can distinguish that.

Remember… Everyone's situation is specific to them. If you're looking to buy, and the type of property is not in a "buyers market" that just means we have to change strategy not outcome. That goes for selling as well.

Feel free to reach out at any point if you have any questions.

Whether you are buying or selling, it's important to understand what's going on in the market. Each month I release a real estate market highlight video for metro Vancouver to keep you informed and updated.

In each video I go over, detached homes, townhouses, and condos, and how they have been flow with the market throughout the year. I'll also tell you what type of market, each one of those falls into and how you can distinguish that.

Remember… Everyone's situation is specific to them. If you're looking to buy, and the type of property is not in a "buyers market" that just means we have to change strategy not outcome. That goes for selling as well.

Feel free to reach out at any point if you have any questions.

Whether you are buying or selling, it's important to understand what's going on in the market. Each month I release a real estate market highlight video for metro Vancouver to keep you informed and updated.

In each video I go over, detached homes, townhouses, and condos, and how they have been flow with the market throughout the year. I'll also tell you what type of market, each one of those falls into and how you can distinguish that.

Remember… Everyone's situation is specific to them. If you're looking to buy, and the type of property is not in a "buyers market" that just means we have to change strategy not outcome. That goes for selling as well.

Feel free to reach out at any point if you have any questions.

Whether you are buying or selling, it's important to understand what's going on in the market. Each month I release a real estate market highlight video for metro Vancouver to keep you informed and updated.

In each video I go over, detached homes, townhouses, and condos, and how they have been flow with the market throughout the year. I'll also tell you what type of market, each one of those falls into and how you can distinguish that.

Remember… Everyone's situation is specific to them. If you're looking to buy, and the type of property is not in a "buyers market" that just means we have to change strategy not outcome. That goes for selling as well.

Feel free to reach out at any point if you have any questions.