News: Vancouver Real Estate Market

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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 Trends

A 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,...

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METRO VANCOUVER'S FEBRUARY HOUSING MARKET DEMAND REMAINED STEADY WHILE LISTINGS AND PRICE GAINS CONTINUED

The Metro Vancouver housing market saw steady home sales activity, modest increases in home listings and continued upward trends in pricing in February.  

The Real Estate Board of Greater Vancouver (REBGV) reports that residential home sales in the region totalled 3,424 in February 2022, an 8.1% decrease from the 3,727 sales recorded in February 2021, and a 49.8% increase from the 2,285 homes sold in January 2022. 

Last month’s sales were 26.9% above the 10-year February...

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