With listing activity remaining below historical norms, home sales in Metro Vancouver have mounted a surprising comeback, rising near levels seen last spring, before eight consecutive interest rate hikes...
Blog & News: Vancouver Real Estate Market
Climbing mortgage rates brought uncertainty and prudence to Greater Vancouver’s real estate market in 2022
After seeing record sales and prices during the pandemic, Metro Vancouver's housing market experienced a year of caution in 2022 due to rising borrowing costs fueled by the Bank of Canada's ongoing battle...
Real estate activity trends below long-term averages in November
While typically a quiet month of market activity based on seasonal patterns, November home sale and listing totals lagged below the region’s long-term averages.
The Real Estate Board of Greater Vancouver...
Housing market in Metro Vancouver sees fewer home buyers and sellers in August
Metro Vancouver's* housing market is experiencing a quieter summer season marked by reduced sale and listing activity.
The Real Estate Board of Greater Vancouver (REBGV) reports that residential home sales...
Listings up, sales down & prices starting to ease
With interest rates and housing supply increasing, Metro Vancouver* home buyers are operating in a changing marketplace to begin the summer season.
The Real Estate Board of Greater Vancouver (REBGV) reports...
Metro Vancouver home sales set a record in 2021
The Real Estate Board of Greater Vancouver...
Higher home sale activity continues to deplete the supply of homes for sale in Metro Vancouver
Home sale activity remains elevated across Metro Vancouver's housing market while the pace of homes being listed for sale continues to follow long-term averages. The Real Estate Board of Greater...
SEPTEMBER SEES SURGE IN METRO VANCOUVER HOME SALES AND LISTINGS
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...
AUGUST SEES INCREASE IN HOME SALES AND LISTING ACTIVITY
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...
STEADY SUMMER ACTIVITY FOR METRO VANCOUVER HOUSING MARKET
In July 2020, residential home sales in the region totaled 3,128 according to the Real Estate Board of Greater Vancouver (REBGV). This represents a 22.3% increase from the 2,557 sales recorded in July 2019...
HOME SALE AND LISTING ACTIVITY SEE STEADY INCREASES IN JUNE
Residential home sales in the region totalled 2,443 in June 2020 accroding to the Real Estate Board of Greater Vancouver (REBGV). This is a 17.6% increase from 2,077 sales recorded in June 2019 and a 64.5%...
STEADY HOME PRICES PROVIDES COMFORT FOR BUYERS AND SELLERS IN TODAY'S 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...
NEW SYSTEMS TAKE SHAPE AS HOME SALES AND LISTINGS DROP AMID THE PANDEMIC
In April 2020, the residential home sales in the region totaled 1,109 as per the Real Estate Board of Greater Vancouver (REBGV). This is a 39.4% decrease from the 1,829 sales recorded in April 2019 and...
CHALLENGING CIRCUMSTANCES LEAD HOME BUYERS AND SELLERS TO ADJUST THEIR ACTIVITIES IN MARCH
The beginning of March saw a steady buyer demand in Metro Vancouver's housing market and a levelling off of activity as the month went on and concerns about the COVID-19 outbreak intensified.
According...
LOW SUPPLY AND STEADY DEMAND BENEFITS HOME SELLERS
The residential home sales in the region reached 2,150 in February 2020, a 44.9% increase when compared to the 1,484 sales that were recorded in February 2019, and a 36.9% increase from the 1,571 homes...
INCREASED HOME SALE ACTIVITY, DECREASED SUPPLY TO START 2020
According to the Real Estate Board of Greater Vancouver (REBGV), the residential home sales in the region hit 1,571 in January 2020. This is a 42.4% increase from the January 2019 sales of 1,103 and a 22.1%...
Strong sales close out the 2019 real estate market
Residential home sales in the region totalled 2016 in December 2019, an 88.1% increase from the 1,072 sales recorded in Dec 2018, and a 19.3% decrease from the 2,498 homes sold in November 2019.
Last month...
Historically typical levels for home sales in Metro Vancouver
Home buyer activity has returned to more historically typical levels in Metro Vancouver, after a slow first half for 2019. According to The Real Estate Board of Greater Vancouver (REBGV), residential home...
Normalization trend of home sales to continue in October
According to the British Columbia Real Estate Association (BCREA), residential unit sales totalled 7,666 as recorded by the Multiple Listing Service® (MLS®) in October. This is an increase of 19.3%...
Home sales in BC to carry momentum into 2020
According to the Multiple Listing Service® (MLS®)forecast, residential sales in the province are to decline 1.8% to about 77,100 units this year, compared to 78,505 residential sales in 2018. R...