News: Vancouver Real Estate Market

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Posted in Attached Homes, BC Home Sales, BCREA, British Columbia Real Estate, Covid-19 Housing Market Update, Detached Homes, Greater Vancouver, Home Owners, Housing Market Update, Interest Rates, Metro Vancouver, MLS, Multiple Listing Service, Provincial Housing Market, Real Estate Statistics, Residential Price, Residential Sales

In March 2020, the British Columbia Real Estate Association (BCREA), reported a total of 6,717 residential unit sales recorded by the Multiple Listing Service® (MLS®). This is a 17.2% increase from March 2019. The average MLS® residential price in BC was $789,548, a 15.1% increase from $685,592 recorded the previous year. The total sales dollar volume showed an increase of 35%, to $5.3 billion over 2019.

Pandemic Halts Real Estate Sales Activity

"Provincial housing markets started the month very strong before the COVID-19 pandemic...

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