Blog & News: Vancouver Real Estate Market

 

Vancouver, BC – January 13, 2017. The British Columbia Real Estate Association (BCREA) reports that a record 112,209 residential unit sales were recorded by the Multiple Listing Service® (MLS®) in 2016, an increase of 9.5 per cent from the previous year. Total sales dollar volume was a record $77.6 billion, up 18.8 per cent from 2015. The average MLS® residential price in the province climbed 8.6 per cent to $691,144 on an annual basis in 2016.

 

“Broad-based consumer...

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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,”...

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 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...

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