News: Vancouver Real Estate Market


 Competition amongst home buyers is putting upward pressure on home prices across Metro Vancouver.

 The Real Estate Board of Greater Vancouver (REBGV) reports that residential home sales in the region totalled 3,727 in February 2021, a 73.3% increase from the 2,150 sales recorded in February 2020, and a 56% increase from the 2,389 homes sold in January 2021.

 Last month's sales were 42.8% above the 10-year February sales average.

 "Metro Vancouver's housing market is experiencing...

Read full post

Royal LePage Survey: Nearly half of Canadians aged 25 to 35 own their home; one quarter of these homeowners have purchased a property since the onset of the COVID-19 pandemic

52% say remote work has increased likelihood of moving further from employer


Highlights:

  • 68% of non-homeowners aged 25 to 35 intend to purchase a home within five years
  • 72% of cohort feels confident in their short-term financial outlook
  • 40% of cohort saw their savings grow since mid-March
  • Royal LePage survey includes national,...
Read full post
Blogs
Posts By Date
Categories
The data relating to real estate on this website comes in part from the MLS® Reciprocity program of either the Real Estate Board of Greater Vancouver (REBGV), 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 REBGV, 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 REBGV, the FVREB or the CADREB.