News: Vancouver Real Estate Market

The British Columbia Real Estate Association (BCREA)reports shows residential unit sales reached a total of 6,938 as recorded by the Multiple Listing Service® (MLS®) in September, a 24% increase from the same month last year.

The average MLS® residential price in the province was $697,943, a 2.1% increase from September 2018. Additioanally, total sales dollar volume was $4.84 billion, an incerase of 26.5% from the same month last year.

According to Brendon Ogmundson, the BCREA Chief Economist,...

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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 2018, causing an increase of 46.3%. Last month"s sales peaked at 1.7%, which was below the 10 year September sales average.

According to Ashley Smith, REBGV president, "we're seeing more balanced housing market conditions over the last three months compared to what we saw at this time last...

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The Vancouver real estate market saw an increase in demand, pushing July (a typically quieter time of the year) to the second highest selling month so far in 2019.

There has been a substantive increase in residential home sales in the region as per The Real Estate Board of Greater Vancouver (REBGV). The market saw a 23.5 %, increase compared to the 2,070 sales record in July 2018, and a 23.1 % increase compared to the 2,077 homes sold in June 2019.

The sales for last month capped at 7.8%, which was...

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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.