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Blog & News: Vancouver Real Estate Market

Home sales remain at record levels across Metro Vancouver

 

Vancouver Real Estate Housing Price Index

 

VANCOUVER, BC – May 3, 2016 –Last month was the highest selling April on record for Metro Vancouver.*

Residential property sales in the region totalled 4,781 in April 2016, an increase of 14.4 per cent from the 4,179 sales recorded in April 2015 and a decrease of 7.6 per cent compared to March 2016 when 5,173 homes sold.

 

April sales were 41.7 per cent above the 10-year sales average for the month. "Home buyer...

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Residential property sales in the region totalled 4,172 in February 2016, an increase of 36.3 per cent from the 3,061 sales recorded in February 2015 and an increase of 65.6 per cent compared to January 2016 when 2,519 homes sold.

 

Last month’s sales were 56.3 per cent above the 10-year sales average for the month and rank as the highest February sales total on record.

 

“We're in a competitive, fast-moving market cycle that favours home sellers,” Darcy McLeod, REBGV president...

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In a year when the number of homes listed for sale was below historical averages, actual home sales in Metro Vancouver set a new record.

 

Greater Vancouver Housing Price Index

 

The Real Estate Board of Greater Vancouver (REBGV) reports that 2015 home sales were the highest annual total in REBGV history. This was powered early in the year by four straight months with more than 4,000 sales a month from March to June, another first for REBGV.

 

Sales of detached, attached and apartment properties in 2015 reached 42,326,...

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The Real Estate Board of Greater Vancouver (REBGV) reports that residential property sales in Metro Vancouver reached 3,524 on the Multiple Listing Service® (MLS®) in November 2015. This represents a 40.1 per cent increase compared to the 2,516 sales recorded in November 2014, and a 3.3 per cent decrease compared to the 3,646 sales in October 2015.

 

Greater Vancouver Housing Price Index

 

Last month's sales were 46.2 per cent above the 10-year sales average for the month and rank as the second highest November on record...

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