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Flippers make $165K flipping downtown condo during pandemic with copy-and-paste listing

A pair of flippers in Vancouver have made a cool $165,000 flipping a downtown condo during the pandemic with a mostly copy-and-paste sales listing. Student Lola Pearl Quinn and technical recruiter XiuQi Wang bought the condo at 310-933 Seymour Street for $565,000 in October 2020, according to public records. A little over six months later, […]

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Vancouver realtor makes $420K flipping home during pandemic

A Vancouver realtor has made $420,000 flipping a heritage home in Vancouver’s Kitsilano neighbourhood. Keith Roy of RE/MAX Select Realty bought the heritage home at 1829 Stephens Street for $1,430,000 in April 2020, according to public records. Seven months later, Roy listed the property for $1,998,000, but failed to find a buyer. Roy re-listed the […]

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Flipper makes $400K flipping brand new Vancouver home during pandemic

A flipper has made $400,000 dollars flipping a brand new home in east Vancouver’s Sunset neighbourhood. Weijian Liang bought the brand new home at 418 East 56th Avenue for $2,200,000 in July 2020, according to public records. Nine months later, Liang listed the property for $2,490,000, only to take it off the market at and […]

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Nearly half a billion dollars worth of homes flipped during the pandemic in Vancouver

Vancouver area Speculators flipped almost half a billion dollars worth of homes so far during the pandemic, an analysis of regions real estate data shows. MetroVancouver speculators have to date flipped a staggering 460 properties worth $490 million since the World Health Organization (WHO) declared COVID-19 a pandemic on March 11, 2020. OpenHousing defines a […]

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Metro Vancouver detached prices to reach another all-time high in May

Metro Vancouver detached home prices are projected to reach yet another all-time high in May 2021 breaking the previous record set just a month earlier. The OpenHousing Home Price Index for detached properties – calculated using the generally-accepted and transparent repeat sales or Case-Shiller method – are expected to rise 14.19% year-over-year, the May early […]

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Metro Vancouver detached prices reach another all-time high in April

Metro Vancouver detached home prices reached yet another all-time high in April 2021, breaking the previous record set just a month earlier. The OpenHousing Home Price Index for detached properties – calculated using the generally-accepted and transparent repeat sales or Case-Shiller method – rose 14.79% year-over-year, the April month-end update shows. This represents an increase […]

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Metro Vancouver condo prices to reach all-time high in April

Metro Vancouver condo prices rallied in April 2021 to reach an all-time high, going above the high watermark last set in March 2018. The OpenHousing Home Price Index for condo properties – calculated using the generally-accepted and transparent repeat sales or Case-Shiller method – rose 10.45% year-over-year, the April mid-month projection shows. This represents a […]

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Metro Vancouver townhouse prices on course for another all-time high in April

Metro Vancouver townhouse market rally continues into April 2021, with prices heading towards another all-time high. The OpenHousing Home Price Index for townhouse properties – calculated using the generally-accepted and transparent repeat sales or Case-Shiller method – rose 20.28% year-over-year, the April mid-month projection shows. This represents a increase of 4.45% compared to March. The […]

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Metro Vancouver detached prices to reach another all-time high in April

Metro Vancouver detached home prices are on course to reach yet another all-time high in April 2021, breaking the previous record set just a month earlier. The OpenHousing Home Price Index for detached properties – calculated using the generally-accepted and transparent repeat sales or Case-Shiller method – rose 15.85% year-over-year, the April mid-month projection shows. […]

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Metro Vancouver townhouse prices reach another record high in March

The meteoric rise in Metro Vancouver townhouse prices continued into spring, with prices reaching an all-time high in March 2021 breaking the previous record set just a month earlier. The OpenHousing Home Price Index for townhouse properties – calculated using the generally-accepted and transparent repeat sales or Case-Shiller method – rose 12.91% year-over-year, the March […]

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