Blog & News: Vancouver Real Estate Market

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Posted in Attached Home, BC Home Sales, BC Housing Market, BC Real Estate, BCREA, British Columbia Real Estate Association, Covid-19 Housing Market Update, Detached Home, Greater Vancouver, Home Buyers, Home Owner, Market Data, Market Update, Metro Vancouver, MLS, Multiple Listing Service, Real Estate Sales, Real Estate Statistics, Statistics Package

In July 2020, the British Columbia Real Estate Association (BCREA) reported a total of 10,090 residential unit sales recorded by the Multiple Listing Service® (MLS®). This showed an increase of...

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Posted in Attached Homes, BC Home Sales, BCREA, BCREA Forecast, British Columbia Real Estate Association, Covid-19 impact on home prices, Detached Homes, Greater Vancouver, Home Buyers, Home Owners, Housing Forecast, Metro Vancouver, MLS, Multiple Listing Service, Pandemic, Real Estate Market Forecast, Recession, Residential Sales

The British Columbia Real Estate Association (BCREA) has released its 2020 Second Quarter Forecast. According to the release, a 21% decline in Multiple Listing Service® (MLS®) residential sales...

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Posted in BC Home Sales, BCREA, British Columbia Real Estate Association, Covid-19 Housing Market Update, COVID-19 impact on home prices, Greater Vancouver, Home Buyers, Home Owners, Home Prices, Metro Vancouver, MLS, MLS Home Sales, MLS listings, Multiple Listing Service, Real Estate Market, Residential Homes, The New Normal

According to the British Columbia Real Estate Association (BCREA), there was a total of 3,284 residential units recorded by the Multiple Listing Service® (MLS®) in April 2020. This is a decline...

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Posted in BC Home Sales, BC Housing Market, BC Provincial GDP, BCREA, British Columbia Real Estate Association, Canadian Economy, COVID-19 Economic Data, COVID-19 Recession, Economic Growth, Economic impact of COVID-19, Greater Vancouver, Home Owners, Interest Rates, Metro Vancouver, Residential Homes, Unemployment Rate

In the past 40 years, the Canadian economy has had three recessions, each of them different in cause, depth, and duration. The 2020 COVID-19 recession is said to be deep, but will not last long when compared...

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Posted in Attached Homes, BC Home Sales, BCREA, British Columbia Real Estate, Covid-19 Housing Market Update, Detached Homes, Greater Vancouver, Home Owners, Housing Market Update, Interest Rates, Metro Vancouver, MLS, Multiple Listing Service, Provincial Housing Market, Real Estate Statistics, Residential Price, Residential Sales

In March 2020, the British Columbia Real Estate Association (BCREA), reported a total of 6,717 residential unit sales recorded by the Multiple Listing Service® (MLS®). This is a 17.2% increase from...

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Posted in Bank of Canada, BC housing market, BCREA, Canada mortgage rates, Credit markets, Effective lower bound, Financial plan, Funding, Interest rate, Interest rate change, Market statistics, Market update, mortgage payments, Programs, Reduction in rates, Short-term funding market

The Bank of Canada has lowered its overnight policy rate for the second time this month, taking the rate down a further 50 basis points to 0.25%. This is what the Bank considers as its effective lower bound...

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Posted in 2020 market report, Bank of Canada, BC housing market, bcrea, British Columbia Real Estate, covid-19, covid-19, economic data, Economic impact of COVID-19, Impact of COVID-19, Interest rates, low mortgage rates, Mortgage payments, Mortgage rate, Real estate market forecast, real estate transaction, stress test

The COVID-19 outbreak has caused a steep decline in interest rates, however, it is uncertain as to how severe the impact will be on economic activity. Considering the importance of tourism and our trade...

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Posted in BCREA, Greater Vancouver, Home Buyers, Homes For Sale, Market Analysis, Metro Vancouver, MLS listings, Multiple Listing Service, Real Estate Market, Real Estate Statistics, Real Estate Stats, Residential Homes, Residential Units, Vancouver Home Sales

In January 2020, a total of 4,426 residential units were recorded by the Multiple Listing Service® (MLS®), as reposted by the British Columbia Real Estate Association (BCREA). This was an increase...

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Posted in bc home sales, BCREA, Best Rated Realtor, Coquitlam MLS home prices, Greater Vancouver, Metro Vancouver, Multiple Listing Service, Real Estate Sales, Real Estate Services, Top Agent, Tri-Cities Real Estate Market

The Multiple Listing Service® (MLS®) recorded a total of 77,331 residential unit sales in 2019, a decrease of 1.5% from the 78,516 units sold in 2018 as reported by the British Columbia Real Estate...

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Posted in bc home sales, BCREA, Best Rated Realtor, Coquitlam MLS home prices, Greater Vancouver, market statistics, Metro Vancouver, Multiple Listing Service, Real Estate Sales, Real Estate Services, Top Agent, Tri-Cities Real Estate Market

According to the British Columbia Real Estate Association (BCREA) report, there were 6,616 residential unit sales recorded by the Multiple Listing Service® (MLS®) in November. This showed an increase...

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Posted in bc home sales, BCREA, Coquitlam MLS home prices, Greater Vancouver, market statistics, Metro Vancouver, Multiple Listing Service, Real Estate Board of Greater Vancouver, Vancouver Home Sales

According to the British Columbia Real Estate Association (BCREA), residential unit sales totalled 7,666 as recorded by the Multiple Listing Service® (MLS®) in October. This is an increase of 19.3%...

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Posted in bc home sales, BCREA, Coquitlam MLS home prices, Coquitlam MLS home prices, Greater Vancouver, Metro Vancouver, Multiple, Multiple Listing Service, Real Estate Board of Greater Vancouver, REBGV, Vancouver Home Sales
A rise in demand helps to balance the housing market

Home buyer demand has returned to more usual levels in Metro Vancouver over the last three months.

The residential home sales in the area has reached 2,333 in September 2019, when compared to 1,595 in September...

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Reciprocity Logo The data relating to real estate on this website comes in part from the MLS® Reciprocity program of either the Greater Vancouver REALTORS® (GVR), the Fraser Valley Real Estate Board (FVREB) or the Chilliwack and District Real Estate Board (CADREB). Real estate listings held by participating real estate firms are marked with the MLS® logo and detailed information about the listing includes the name of the listing agent. This representation is based in whole or part on data generated by either the GVR, the FVREB or the CADREB which assumes no responsibility for its accuracy. The materials contained on this page may not be reproduced without the express written consent of either the GVR, the FVREB or the CADREB.