News: Vancouver Real Estate Market

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Home sellers were more active in Metro Vancouver's housing market in September while home buyer demand remained below the region's long-term averages.

greater vancouver housing price index

The Real Estate Board of Greater Vancouver (REBGV) reports that residential home sales in the region totalled 1,687 in September 2022, a 46.4% decrease from the 3,149 sales recorded in September 2021, and a 9.8% decrease from the 1,870 homes sold in August 2022.

Last month's sales were 35.7% below the 10-year September sales average.

"With the Bank...

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Posted in greater vancouver, housing market, real estate market stats
Low supply continues upward pressure on home prices across Greater Vancouver’s housing market
The first month of 2022 saw home sales come down from last year's record-setting pace, while low supply continued to cause home prices to edge higher across Metro Vancouver. 

The Real Estate Board of Greater Vancouver (REBGV) reports that residential home sales in the region totalled 2,285 in January 2022, a 4.4% decrease from the 2,389 sales recorded in January last year, and a 15% decrease from the 2,688 homes sold in December 2021. 

Last month's sales were 25.3% above the 10-year January...

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