Blog & News: Vancouver Real Estate Market

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Posted in Attached Homes, BC Home Sales, BC Housing Market, BC Real Estate, Covid, Covid-19 House Price Survey, Detached Homes, Greater Vancouver, Greater Vancouver Market Updates, Home Buyers, Home Owners, Market Data, Metro Vancouver, MLS, Multiple Listing Service, Real Estate Board of Greater Vancouver, Real Estate Sales, Real Estate Statistics, REBGV, Statistics Package

In September 2020 the Real Estate Board of Greater Vancouver (REBGV) reports that residential home sales in the region totaled 3,643. This is a 56.2% increase from the 2,333 sales recorded in September...

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Posted in Attached Home, BC Home Sales, BC Housing Market, BC Real Estate, Covid-19 Housing Market Update, Detached Home, Greater Vancouver, Greater Vancouver Market Updates, Home Buyers, Home owners, Market Data, Market Update, Metro Vancouver, MLS, Multiple Listing Service, Real Estate Board of Greater Vancouver, Real Estate Sales, Real Estate Statistics, REBGV, Statistics Package

In August 2020, residential home sales in the region totaled 3,047 according to the Real Estate Board of Greater Vancouver (REBGV). This is a 36.6% increase from the 2,231 sales recorded in August 2019...

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Posted in Attached Homes, Canada Home Prices, Canada Homes, Covid-19 Data, COVID-19 impact on home prices, Customers, Detached Homes, Federal Government Programs, Financial Fitness, Home Buyer, Home Owners, Home Prices, Homebuying Trends, Real Estate, Real Estate Surveys, Survey Results, Survey Statistics

In partnership with Environics, Genworth Canada is excited to share the results of their recent Homeownership and Financial Fitness Study.

Homeownership and Financial Fitness Study

Prior to COVID-19, Canadians and Canadian homeowners were showing...

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Posted in Attached Homes, BC Home Sales, Bungalow, Condominium, Demand, Detached Homes, Greater Vancouver, Home Buyers, Home Owners, Impact of COVID-19 on housing, Metro Vancouver, Properties For Sale, Real Estate Forecast, Real Estate Forecast, Real Estate Sales, Real Estate Statistics, Royal LePage, Second Quarter Statistics, Supply, The New Normal, Vancouver Real Estate

Royal LePage revises Canadian home price forecast upwards to 2.3% by year-end 2020, as low rates and pent-up demand face limited housing supply.

Real Estate Second Quarter Statistics 2020

What does this mean for Greater Vancouver?

In the second...

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Posted in Attached Homes, BC Home Sales, BCREA, BCREA Forecast, British Columbia Real Estate Association, Covid-19 impact on home prices, Detached Homes, Greater Vancouver, Home Buyers, Home Owners, Housing Forecast, Metro Vancouver, MLS, Multiple Listing Service, Pandemic, Real Estate Market Forecast, Recession, Residential Sales

The British Columbia Real Estate Association (BCREA) has released its 2020 Second Quarter Forecast. According to the release, a 21% decline in Multiple Listing Service® (MLS®) residential sales...

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Posted in Active Listings, Attached Homes, BC Home Prices, Benchmark Price, Covid-19 Housing Market Update, Detached Homes, Greater Vancouver, Home Buyers, Home Owners, Housing Market, Metro Vancouver, Multiple Listing Service, Real Estate Board of Greater Vancouver, Real Estate Market Update, Real Estate Sales, Real Estate Statistics, REBGV, Residential Housing Market

The MLS® Home Price Index composite benchmark price for all residential properties in Metro Vancouver today is $1,028,400 according to The Real Estate Board of Greater Vancouver (REBGV). This is virtually...

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Posted in BC Home Sales, BCREA, British Columbia Real Estate Association, Covid-19 Housing Market Update, COVID-19 impact on home prices, Greater Vancouver, Home Buyers, Home Owners, Home Prices, Metro Vancouver, MLS, MLS Home Sales, MLS listings, Multiple Listing Service, Real Estate Market, Residential Homes, The New Normal

According to the British Columbia Real Estate Association (BCREA), there was a total of 3,284 residential units recorded by the Multiple Listing Service® (MLS®) in April 2020. This is a decline...

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Posted in BC Home Sales, BC Housing Market, BC Provincial GDP, BCREA, British Columbia Real Estate Association, Canadian Economy, COVID-19 Economic Data, COVID-19 Recession, Economic Growth, Economic impact of COVID-19, Greater Vancouver, Home Owners, Interest Rates, Metro Vancouver, Residential Homes, Unemployment Rate

In the past 40 years, the Canadian economy has had three recessions, each of them different in cause, depth, and duration. The 2020 COVID-19 recession is said to be deep, but will not last long when compared...

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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...

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Posted in Aggregate Home Price, Aggregate Price, Attached Homes, BC Home Sales, Canadian Economy, Covid-19 House Price Survey, Detached House, Economic impact of COVID-19, Greater Vancouver, Greater Vancouver Housing, Home Owners, Market Data, Market Statistics, Real Estate Analysis, Real Estate Statistics, Royal LePage House Price Survey

According to the Royal LePage House Price Survey and Market Survey Forecast released today, if the strict stay-at-home restrictions are eased during the second quarter Canada's aggregate home price could...

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Posted in 2019 Fourth Quarter Analysis, BC Home Prices, Greater Vancouver, Greater Vancouver Real Estate, Home Buyers, Home Owners, Home Prices, House Price Survey, Metro Vancouver, Real Estate Investment, Real Estate Statistics, Royal LePage Market Update

The aggregate price of a home in Canada increased 2.2% year-over-year to $648,544 in the fourth quarter of 2019 as reported by the Royal LePage House Price Survey. As we have seen in the third quarter,...

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Posted in BC Home Sales, Coquitlam Home Sales, Greater Vancouver, Greater Vancouver Home Sales, Home Owners, Market Prices, Market Statistics, Metro Vancouver, Real Estate Market, Reimers Group, Royal LePage Market Forecast, Tri-Cities Real Estate Market

What does this mean for us?

Greater Vancouver house prices will see a stabilization in 2020. The aggregate prices for homes is forecasted to hit $1,125,200, an increase if 1.5% in 2020. For two-storey homes...

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Posted in BC Assessment, David Reimers, Greater Vancouver, Halloween, Home Evaluation, Home Owners, Market Value, Metro Vancouver, News Release, October 31, Property Assessments, Real Estate, Reimers Group

Costumes and candy are some of the perks you get on Halloween, but did you know that Halloween also has an impact on your home's value!

“Anyone who has done renovations or rebuilt their homes know...

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Posted in bc home sales, Best Rated Realtor, Coquitlam Real Estate Market, Coquitlam Royal LePage, David Reimers, Greater Vancouver, Home Buyers, Home Owners, Metro Vancouver, Real Estate Sales, Real Estate Services, Reimers Group, Top Agent, Tri-Cities Real Estate Market

It is hard to believe that it’s been 24 years since I moved to Vancouver. Like everyone, purchasing a home was something that I always wanted to accomplish.  As part of the process in finding...

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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.