News: Vancouver Real Estate Market
Posted on
September 3, 2020
by
David Reimers
Posted in
Attached Home, BC Home Sales, BC Housing Market, BC Real Estate, Covid-19 Housing Market Update, Detached Home, Greater Vancouver, Greater Vancouver Market Updates, Home Buyers, Home owners, Market Data, Market Update, Metro Vancouver, MLS, Multiple Listing Service, Real Estate Board of Greater Vancouver, Real Estate Sales, Real Estate Statistics, REBGV, Statistics Package
In August 2020, residential home sales in the region totaled 3,047 according to the Real Estate Board of Greater Vancouver (REBGV). This is a 36.6% increase from the 2,231 sales recorded in August 2019 and a 2.6% decrease from the 3,128 homes sold in July 2020.
"People who put their home buying and selling plans on hold in the spring have been returning to the market throughout the summer," Colette Gerber, REBGV Chair said. "Like everything else in our lives these days, the uncertainty COVID-19 presents...
Posted on
August 12, 2020
by
David Reimers
Posted in
Attached Home, BC Home Sales, BC Housing Market, BC Real Estate, BCREA, British Columbia Real Estate Association, Covid-19 Housing Market Update, Detached Home, Greater Vancouver, Home Buyers, Home Owner, Market Data, Market Update, Metro Vancouver, MLS, Multiple Listing Service, Real Estate Sales, Real Estate Statistics, Statistics Package
In July 2020, the British Columbia Real Estate Association (BCREA) reported a total of 10,090 residential unit sales recorded by the Multiple Listing Service® (MLS®). This showed an increase of 26.6% from the same month last year. The average MLS® residential price in BC was $770,810, a 12.9% increase from $682,702 recorded the previous year. Total sales dollar volume in July was $7.8 billion, a 43% increase over 2019.
"The strong recovery in sales activity continued in July," said BCREA...
Posted on
August 4, 2020
by
David Reimers
Posted in
Attached Home, BC Home Sales, BC Housing Market, BC Real Estate, Cocid-19 Housing Market Update, Detached Home, Greater Vancouver, Home Buyers, Home Owner, Market Data, Market Update, Metro Vancouver, MLS, Multiple Listing Service, Real Estate Board of Greater Vancouver, Real Estate Sales, Real Estate Statistics, REBGV, Statistics Package
In July 2020, residential home sales in the region totaled 3,128 according to the Real Estate Board of Greater Vancouver (REBGV). This represents a 22.3% increase from the 2,557 sales recorded in July 2019 and a 28% increase from the 2,443 homes sold in June 2020.
"We're seeing the results today of pent up activity, from both home buyers and sellers, that had been accumulating in our market throughout the year," Colette Gerber, REBGV Chair said. "Low-interest rates and limited overall supply are also...
Posted on
July 5, 2020
by
David Reimers
Posted in
Attached Home, BC Home Sales, BC Housing Market, BC Real Estate, Covid-19 Housing Market Update, Detached Home, Greater Vancouver, Home Buyers, Home Owner, Market Data, Market Update, Metro Vancouver, MLS, Multiple Listing Service, Real Estate Board of Greater Vancouver, Real Estate Sales, Real Estate Statistics, REBGV, Statistics Package
Residential home sales in the region totalled 2,443 in June 2020 accroding to the Real Estate Board of Greater Vancouver (REBGV). This is a 17.6% increase from 2,077 sales recorded in June 2019 and a 64.5% increase from the 1,485 homes sold in May 2020.
"REALTORS® continue to optimize new technology tools and practices to help their clients meet their housing needs in a safe and responsible way," Colette Gerber, REBGV Chair said "Over the last three months, home buyers and sellers have become...
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The data relating to real estate on this website comes in part from the MLS® Reciprocity program of either the Greater Vancouver REALTORS® (GVR), 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 GVR, 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 GVR, the FVREB or the CADREB.