Blog & News: Vancouver Real Estate Market

 

Metro Vancouver* home sales dipped below the 10-year monthly sales average last month.

 

Metro Vancouver home sales totalled 2,253 in September 2016, a decrease of 32.6 per cent from the 3,345 sales recorded in September 2015 and a decrease of 9.5 per cent compared to August 2016 when 2,489 homes sold.

 

Last month’s sales were 9.6 per cent below the 10-year sales average for the month.

 

“Supply and demand conditions differ today depending on property type,”...

Post CommentComments: 0Read Full Story

 Housing Price Index

 

VANCOUVER, BC – June 2, 2016 – Metro Vancouver homes continue to sell at an unprecedented rate in communities across the region.

 

Residential property sales on the region's Multiple Listing Service® (MLS®) totalled 4,769 in May 2016, an increase of 17.6 per cent from the 4,056 sales recorded in May 2015 and a decrease of 0.3 per cent compared to April 2016 when 4,781 homes sold.

 

Last month's sales were 35.3 per cent above the 10-year sales average for...

Post CommentComments: 0Read Full Story

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,...

Post CommentComments: 0Read Full Story