Blog & News: Vancouver Real Estate Market
Greater Vancouver home sales come back to more traditional levels in April
Home buyer demand returned to more typical levels in April.
The Real Estate Board of Greater Vancouver (REBGV) reports that residential home sales in the region totalled 3,232 in April 2022, a 34.1% decrease...
Greater Vancouver home buyers compete for limited home listings in October
The Real Estate Board of Greater...
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...
Home listing supply declines across Metro Vancouver over the summer.
While home buyers remained active in Metro Vancouver throughout the summer, the supply of homes for sale declined steadily since June.
The Real Estate Board of Greater Vancouver (REBGV) reports that...
The surge of home sale and listing activity continues into the fall.
Home sale and new listing activity remained at near-record levels across Greater Vancouver in October.
Residential home sales in the region totalled 3,687 in October 2020, a 29% year over year increase,...
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...
BC HOUSING MARKET CONTINUES TOWARDS STRONG RECOVERY
In July 2020, the British Columbia Real Estate Association (BCREA) reported a total of 10,090 residential unit sales recorded by the Multiple Listing Service® (MLS®). This showed an increase of...
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...
HOUSING SUPPLY STRUGGLES TO KEEP UP WITH SURGE IN DEMAND WITH SECOND QUARTER RECORDING A SHARP RISE IN HOME PRICES
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.
What does this mean for Greater Vancouver?
In the second...
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...
SALES ACTIVITY IN MARCH COMES TO A HALT DUE TO THE PANDEMIC
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...
NATIONAL HOUSING MARKET TO SHOW REMARKABLE RESILIENCE IN 2020
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...
CANADA HOME PRICES INCREASED 2.2% IN FOURTH QUARTER OF 2019
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,...
LUXURY REAL ESTATE MARKET IN GREATER VANCOUVER SAID TO STABILIZE
The median prices of luxury homes in Greater Vancouver decreased by 6.7% year-over-year to $5,394,594 during the twelve-month period ending January 31, 2020. There was also a deacrese of 4.4% in Luxury...
STRONG START FOR BC HOUSING MARKET IN 2020
In January 2020, a total of 4,426 residential units were recorded by the Multiple Listing Service® (MLS®), as reposted by the British Columbia Real Estate Association (BCREA). This was an increase...
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...