News: Vancouver Real Estate Market
Posted on
November 9, 2026
by
David Reimers
Posted in
amortization, federal budget, Federal Government Programs, first time buyers, foreign buyer ban, foreign buyers, Greater Vancouver Housing, greater vancouver real estate, greater vancouver realtors, Housing Policy, Metro Vancouver Real Estate Market, mortgage, Mortgage Rules, multiplex, new rules, Small-Scale Multi-Unit Housing, Supply
Housing was front and centre in the federal government's Budget 2026. Ottawa is proposing changes to the foreign buyer ban, new mortgage insurance rules that could give buyers more options, and a big new investment in housing supply. Here's my plain English rundown of what was announced and what it could mean for you if you're buying, selling or investing here in Metro Vancouver. Foreign buyer ban extended, but new homes exemptThe current foreign buyer ban is set to expire on January 1, 2027. The ...
Posted on
November 3, 2026
by
David Reimers
Posted in
2026 Market Update, Benchmark Price, Greater Vancouver Housing, greater vancouver market update, greater vancouver real estate, greater vancouver realtors, Home Prices, Interest rates, market report, Metro Vancouver Real Estate Market, rate hold, stats package
October was a "wait and see" month for Metro Vancouver real estate. A surprise Bank of Canada rate hike, a snap provincial election and municipal elections all competed for attention, and many buyers and sellers chose to pause. Here's what the latest numbers from Greater Vancouver REALTORS® (GVR) tell us, and what they could mean for you. Sales and new listings both down about 10%There were 2,024 residential sales across Metro Vancouver in October 2026. That's 10.2% fewer than October 2025 (2,255)...
Posted on
June 5, 2025
by
David Reimers
The Metro Vancouver housing market continued its slow pace in May 2025, as rising inventory levels failed to translate into increased sales activity. According to the latest data from the Greater Vancouver REALTORS® (GVR), home sales were notably subdued while available listings surged to a ten-year high. Sales Slump Despite Seasonal TrendsA total of 2,228 residential properties were sold in Metro Vancouver in May, marking an 18.5% drop compared to the 2,733 sales recorded in May 2024. Even more striking,...
Posted on
January 6, 2025
by
David Reimers
Posted in
december sales, Greater Vancouver, greater vancouver house prices, greater vancouver housing market, Greater Vancouver Market Forecast, Greater Vancouver Market Updates, Greater Vancouver Real Estate Market, Greater Vancouver real estate market update, greater vancouver realtors, Home Evaluation, home sales, market report, Metro Vancouver Real Estate
Home sales registered on the Multiple Listing Service® (MLS®) in Metro Vancouver increased over 30 % in December, compared to the previous year, signaling strengthening demand-side momentum to close-out the year. The Greater Vancouver REALTORS® (GVR) reports that regional residential sales totaled 26,561 in 2024, a 1.2 % rise from 26,249 sales in 2023, and a 9.2 % decrease from the 29,261 sales in 2022. The total of last year’s sales was 20.9 % below the 10-year annual sales average of 33,559....
Posted on
August 2, 2024
by
David Reimers
Posted in
2024 Market Report, Greater Vancouver, greater vancouver house prices, greater vancouver housing market, Greater Vancouver Market Forecast, Greater Vancouver Market Updates, greater vancouver real estate, Greater Vancouver Real Estate Market, Greater Vancouver real estate market update, greater vancouver realtors, Home Evaluation
Newly listed properties registered on the Multiple Listing Service® (MLS®) rose nearly 20% year over year in July, helping to maintain a healthy level of inventory in the Metro Vancouver housing market. On the demand side, the Greater Vancouver REALTORS®2 (GVR) reports that residential sales in the region totalled 2,333 in July 2024, a 5% decrease from the 2,455 sales recorded in July 2023. This was 17.6% below the 10-year seasonal average (2,831). “The trend of buyers remaining hesitant, that...
Posted on
May 2, 2024
by
David Reimers
Active home listings on the MLS® in Metro Vancouver continued to rise in April, showing a 42% year-over-year increase, surpassing the 12,000 mark—a level last observed in the region during the summer of 2020. Greater Vancouver REALTORS® (GVR) report that residential sales in the area totaled 2,831 in April 2024, marking a 3.3% increase from the 2,741 sales recorded in April 2023. However, this figure was 12.2% below the 10-year seasonal average of 3,223. “It’s a feat to see inventory finally climb above...
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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.