News: Vancouver Real Estate Market

HOME BUYER DEMAND REMAIN ELEVATED BUT CALMER THAN LAST SPRING'S RECORD PACE IN METRO VANCOUVER

<p>While down from last year's record numbers, Metro Vancouver's home sale activity remained elevated in March. The Real Estate Board of Greater Vancouver (REBGV) reports that residential home sales in the region decreased 23.9% from the 5,708 sales recorded in March 2021 (4,344 in March 2022) and a 26.9% increase from the 3,424 homes sold in February 2022.

Last month's sales were 25.5% above the 10-year March sales average.

"March of 2021 was the highest selling month in our history. This year's...

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While still elevated, home sale and listing activity in Metro Vancouver has eased back from the record-setting pace seen in March and April of this year.

The Real Estate Board of Greater Vancouver (REBGV) reports that residential home sales in the region totalled 3,762 in June 2021, a 54% increase from the 2,443 sales recorded in June 2020, and an 11.9% decrease from the 4,268 homes sold in May 2021.

Last month's sales were 18.4% above the 10-year June sales average.

"Metro Vancouver's housing market...

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Metro Vancouver real estate market sees an uptick in sales

Sales activity increased to more typical levels in Metro Vancouver during the summer months.

According to the Real Estate Board of Greater Vancouver (REBGV)residential home sales totalled 2,231 in August 2019, a 15.7% increase from the 1,929 sales recorded in August last year, and a 12.7% decrease from the 2,557 homes sold in July 2019.

August sales were 9.2% below the 10-year August sales average.

"Home sales returned to more historically normal levels over the last 2 months compared to what we saw...

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Vancouver, BC – November 29, 2016. The British Columbia Real Estate Association (BCREA) released its 2016 Fourth Quarter Housing Forecast today.

 

Multiple Listing Service® (MLS®) residential sales in the province are forecast to climb 11 per cent to a record 113,800 units this year, eclipsing the previous record of 106,310 units in 2005. Less robust economic conditions combined with government policy constraints are expected to slow housing demand by more than 15 per cent...

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Reciprocity Logo 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.