News: Vancouver Real Estate Market

METRO VANCOUVER'S FEBRUARY HOUSING MARKET DEMAND REMAINED STEADY WHILE LISTINGS AND PRICE GAINS CONTINUED

The Metro Vancouver housing market saw steady home sales activity, modest increases in home listings and continued upward trends in pricing in February.  

The Real Estate Board of Greater Vancouver (REBGV) reports that residential home sales in the region totalled 3,424 in February 2022, an 8.1% decrease from the 3,727 sales recorded in February 2021, and a 49.8% increase from the 2,285 homes sold in January 2022. 

Last month’s sales were 26.9% above the 10-year February...

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BCREA'S 30 POLICY RECOMMENDATIONS TO STRENGTHEN CONSUMER PROTECTION IN REAL ESTATE


The BC Real Estate Association (BCREA), with support of BC’s real estate boards, published a white paper on February 28, 2022 that contains 30 policy recommendations for the provincial government.


A Better Way Home: Strengthening Consumer Protection in Real Estate includes detailed solutions for enhancing consumer protections and increasing housing options in the province’s real estate market.


The white paper also offers an alternative approach to the province’s proposed cooling...

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