The number of newly listed properties on the MLS® in Metro Vancouver rose more moderately in February, after a 46% year-over-year increase of new listings in January, helping keep market conditions in balanced...
Blog & News: Vancouver Real Estate Market
Home sellers kick off 2025 with strong activity
Newly listed Metro Vancouver homes on the MLS® rose 46% year-over-year in January. Sellers appear to be eager to enter the market to start the year.
The Greater Vancouver REALTORS® (GVR) reports that residential...
With declining interest rates and new lending rules, demand for housing in markets across Canada picks up in Q4
Activity picked up pace in the final quarter of 2024, leading to moderate price increases and paving the way for a brisk spring market.
Highlights:
Royal LePage forecasts that the aggregate price of Canadian...
Home sales register a strong finish to cap off 2024

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...
Home price growth to return to long-term norms in 2025, ending era of market unpredictability
The predicted decline of interest rates along with new lending rules will bring buyers back to the market next year.
Highlights:
Royal LePage forecasts that the aggregate price of Canadian homes will increase...
Home buyer demand continues to strengthen in November

Home sales registered in the MLS® in Metro Vancouver increased 28% year-over-year in November, building on the momentum of the 30 % year-over-year rise seen in October.
The Greater Vancouver REALTORS®...
Buyer demand surges in October

After months of tracking approximately 20% below the ten-year seasonal average, Metro Vancouver home sales surged more than 30% year-over-year in October.
The Greater Vancouver REALTORS® (GVR) reports...
Buyers remain cautious to begin the fall market
Home sales registered on the MLS® in Metro Vancouver declined 3.8% year over year in September, suggesting recent reductions in borrowing costs are having a limited effect in spurring demand so far.
Greater...
Sellers await buyers’ return after quieter summer market
Home sales registered on the MLS® in Metro Vancouver remained below their 10 year seasonal averages in August as summer holidays come to a close.
The Greater Vancouver REALTORS® (GVR) reports...
2024 Demographic Survey: Next Generation of Buyers
A recent survey reveals that 83% of adults in British Columbia, specifically those from Generation Z and younger Millennials aged 18 to 38 (born between 1986 and 2006), view homeownership as a valuable...
More selection not translating to more transactions
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....
Market shifting in buyers’ favour, though hesitation remains
Metro Vancouver home sales registered on the MLS® remained below seasonal and historical averages in June. With reduced competition among buyers, inventory has continued to accumulate to levels not seen...
Despite Affordability Challenges, A Quarter of Canadian Renters Plan to Get a Foot on the Property Ladder in the Next Two Years
As a real estate agent serving the Greater Vancouver area, I often hear from clients about the challenges and dreams of owning a home. A recent report from Royal LePage sheds light on an encouraging trend:...
Metro Vancouver home sales down in May while inventory continues to increase

The number of transactions on the Multiple Listing Service® (MLS®) saw a decline in May compared to the usual for this period in Metro Vancouver, contributing to the ongoing accumulation of homes available...
Inventory Reaches Highest Levels Since the 2020 Pandemic Summer
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...
Buyers’ purchase plans gain momentum in Q1 to get ahead of rising home prices, and anticipated interest rate cuts
Typically, spring marks the peak activity season for Canada's real estate sector, as warmer weather prompts a surge in buying and selling nationwide. However, in 2024, this bustling spring market began...
Buyers have more choice this spring, given increased seller activity
The amount of Metro Vancouver homes listed for sale on the MLS® rose nearly 23% year-over-year, providing more opportunity for buyers looking for a home this spring.
The Greater Vancouver REALTORS® (GVR)...
BC First-Time Home Buyer Property Transfer Tax Exemption
Purchasing your first home is a significant milestone, but it often comes with a multitude of financial considerations. In British Columbia, one consideration is the Property Transfer Tax (PTT), which can...
The New BC Home Flipping Tax: how does it work?
In the ever-shifting landscape of real estate regulations, British Columbia is implementing a transformative measure: the BC Home Flipping Tax. Set to take effect on January 1, 2025, this tax targets income...
Spring awakening: home sellers are bringing much needed inventory to the housing market
In January, Metro Vancouver home sellers appeared mostly hesitant, however new listings rose 31% year-over-year in February, bringing a significant number of newly listed properties to the market.
Greater...