Michael Harvey Personal Real Estate Corporation

10/06/2026

10/06/2026

*JUST SOLD*

51 - 22865 Telosky Ave, Maple Ridge

HUGE Congratulations to our very happy & excited Buyers on the purchase of this beautiful 3 Bedroom + Recreation room townhome in Maple Ridge!! 🥂

This loving family has been a true pleasure to work with, and had excellent teamwork and communication from the start. Together we assessed townhomes in different locations, age ranges, and weighed the pros and cons of different floor plans. Ultimately we secured one of the largest townhomes with the best layout at a great price in Maple Ridge! 🙌🏼

Thank you again for placing your complete trust and faith in us to guide you each step of the way. We are so grateful to be a part of your story, and very excited for you and the girls to be able to create amazing memories here for years to come. 🙏🏼

If you or someone you know is thinking about making a move, please feel free to reach out. We are never too busy for your referrals, and always more than happy to help!

09/25/2026

*JUST SOLD*

15578 112A Ave, Surrey

BIG Congratulations to our wonderful client on the sale of her beautiful single family 5 bed home in Fraser Heights, Surrey!! 🥂
This one was also very special as we met our lovely seller a few years back during a door knock. She has lived in her home since it was built (35 years ago) and shared some wonderful memories and a few very funny stories with us. 😊

Thank you for all your efforts, and for trusting us to coordinate the trades and following our suggestions. Together we brought in over 60 groups of buyers over the past couple months, and with no For Sale or Open House signs by your request, we were still able to bring in multiple offers & find the next family to call this their next home! 🙌🏼

Thank you so much for all your continued trust and faith in us, being a pleasure to work with, and allowing us the honor to help you with this huge transition. We are excited to hear about your future travels! 🙏🏼

If you or someone you know is thinking about making a move, please feel free to reach out. I’m never too busy for your referrals, and more than happy to help!

09/14/2026

CMHC released its Fall 2026 Housing Supply Report last week. One chart in it matters more than anything else for people buying or selling here.

We are building rentals, not homes people buy.

Purpose-built rentals are now about 60% of all housing starts in Metro Vancouver. Ten years ago it was under 20%. Meanwhile condo starts fell another 40% in the first half of this year — the slowest half-year for new condo construction since 2011.

Condos have always been where most of our new ownership housing comes from.

So the picture looks like this. Today there's more choice than buyers have had in years: completed, unsold inventory sitting in Surrey, Burnaby and Vancouver, and prices off their peak. Three to five years out, far fewer ownership homes finish — because they aren't being started right now.

CMHC puts it plainly: this region is 5,000 to 7,000 homes a year short of what it would take to get back to 2019 affordability.

I'm not going to tell you to rush. The right time to move depends on your mortgage, your family, and your next chapter — not a headline. But if you've been waiting for the market to get gentler, it's worth understanding that the gentle part is happening now, and the supply side behind it is quietly tightening.

If you want to know what that means for your specific home or your specific search, send me a message. Never any pressure, always happy to help.

📩 [email protected]
☎️ 604-767-7732

*Source: CMHC Fall 2026 Housing Supply Report, Vancouver CMA

09/02/2026

🇨🇦 BANK OF CANADA HOLDS RATE AT 2.25%

As widely expected, the Bank of Canada held its key policy rate at 2.25%. However, its message was more cautious, highlighting increased inflation risks and growing economic uncertainty caused by new U.S. tariffs.

Canada’s economy rebounded at an annualized rate of 3.3% in the second quarter, while the labour market has remained relatively resilient. The escalating trade dispute now creates two competing risks:

- U.S. tariffs could weaken Canadian economic growth.

- Canada’s retaliatory tariffs could raise domestic costs and inflation.

The policy rate has now remained unchanged for 11 months. Some economists believe the Bank’s increased focus on inflation suggests its next move could potentially be a rate increase rather than a cut, but the outlook remains uncertain.

For homeowners and buyers, there is no immediate policy-driven change to variable mortgage rates. Fixed rates, however, can still fluctuate with bond yields and lender pricing.

The next Bank of Canada rate announcement is scheduled for October 28.

Have questions about how today’s decision could affect your real estate plans? Let’s connect.

Michael Harvey
eXp Realty

09/02/2026

*JUST SOLD*

605 - 2345 Madison Ave, Burnaby

HUGE Congratulations to my very happy Seller!! 🥂 A bit late to post this sale, but it was indeed a very special one for me. Back in 2010, I helped my awesome client secure this condo as a first time home buyer. Fast forward 16 years later and we have come full circle listing and selling this property, while he has upgraded in life with an amazing partner and baby girl!! ❤️

Thank you so much for your continued trust and faith in me over these many years, for being such a pleasure to work with, and for allowing me to be a part of your beautiful family's story. 🙏🏼

If you or someone you know is thinking about making a move, please feel free to reach out. I’m never too busy for your referrals, and more than happy to help!

09/02/2026

Happy September everyone! ☀️

08/10/2026

Monday Mindset.. Focus, Discipline, Intentional Action, Gratitude..

08/07/2026

Greater Vancouver Real Estate Market Update - July 2026

Greater Vancouver's July home sales cooled further after June's brief rebound, slipping nearly 10% year-over-year as apartment sales led the pullback with an 18% drop. New listings fell 11.5% too, tightening the flow of inventory even as total supply stays well above the 10-year average. With both sides of the market pulling back in tandem, prices held mostly steady, dipping just under 1% for the month.

The MLS Home Price Index composite benchmark price for all residential properties in Metro Vancouver is currently $1,088,800. This represents a 6.2 per cent decrease over July 2025 and a 0.9 per cent decrease compared to June 2026.

Sales of detached homes in July 2026 reached 639, a 3.2 per cent decrease from the 660 detached sales recorded in July 2025. The benchmark price for a detached home is $1,822,900. This represents a 7 per cent decrease from July 2025 and a 1.1 per cent decrease compared to June 2026.

Sales of apartment homes reached 952 in July 2026, a 17.8 per cent decrease compared to the 1,158 sales in July 2025. The benchmark price of an apartment home is $688,000. This represents a 7.5 per cent decrease from July 2025 and a one per cent decrease compared to June 2026.

Attached home sales in July 2026 totaled 454, a 1.1 per cent decrease compared to the 459 sales in July 2025. The benchmark price of a townhouse is $1,030,400. This represents a 6 per cent decrease from July 2025 and a 1.5 per cent decrease compared to June 2026.

08/07/2026

*JUST SOLD*

101 - 201 Morrissey Rd, Port Moody

HUGE Congratulations to my very happy clients on the sale of their beautiful ground level condo in Port Moody!! 🙌🏼

We first sat down over coffee to discuss & analyze current market conditions, potential listing timelines, competing properties, pricing strategies, and weigh the pros and cons of selling tenanted vs vacant.

With amazing teamwork, marketing, and outstanding communication, my fantastic clients (in a buyer's market) were able to obtain multiple offers to get their condo SOLD over the asking price in only 6 days!! 🔥

This one was very special for us to come full circle together. Assisting with the purchase of this condo from the developer 18 years ago, watching their children then tenants take turns living here, to finally listing and selling their investment property.

Thank you again to my wonderful clients for your complete trust and faith in me over all these years, for the ongoing support, and being an absolute pleasure to work with! 🙏🏼

Thank you as well to the great tenants who were very accommodating and made every showing, open house day, and marketing appointments a breeze.

If you or someone you know is thinking about making a move, please feel free to reach out. I’m never too busy for your referrals, and more than happy to help!