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...
Blog & News: Vancouver Real Estate Market
Spring brings a calmer housing market to Metro Vancouver
After reaching record-setting levels in 2021, home sale activity has returned to more typical seasonal levels in Metro Vancouver this spring due, in large part, to rising interest rates.
The Real Estate...
Seller’s market persists in Greater Vancouver despite slight rise in supply and some moderation in demand
Detached home prices increased 20.7% in the first quarter of 2022
According to the Royal LePage House Price Survey released today, the aggregate price of a home in Greater Vancouver increased 18.2% 1 y...
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...
Housing was the focus of Federal Budget 2022
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federal budget
The Federal Budget 2022, released April 7, 2022, had a significant focus on housing for Canadians. Finance Minister Chrystia Freeland laid out how the government is planning to address housing affordability...
HOME BUYER DEMAND REMAIN ELEVATED BUT CALMER THAN LAST SPRING'S RECORD PACE IN METRO VANCOUVER
<p>While down from last year's record numbers, Metro Vancouver's home sale activity remained elevated in March. The Real Estate Board of Greater Vancouver (REBGV) reports that residential home sales...
DOUBLE DIGIT GAINS FORCAST IN NATIONAL RECREATION HOUSE PRICE IN 2022
Despite a return to pre-pandemis travel and interest rate increases, demand still outnumber supply in amy recreational regions
Highlights:
- Aggregate price of a single-family waterfront property surged...
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...
BCREA'S 30 POLICY RECOMMENDATIONS TO STRENGTHEN CONSUMER PROTECTION IN REAL ESTATE
The BC Real Estate Association (BCREA), with support of BC’s real estate boards, published a white paper on February 28, 2022 that contains 30 policy recommendations for the provincial government....
Low supply continues upward pressure on home prices across Greater Vancouver’s housing market
The first month of 2022 saw home sales come down from last year's record-setting pace, while low supply continued to cause home prices to edge higher across Metro Vancouver.
The Real Estate Board...
Metro Vancouver home sales set a record in 2021
Metro Vancouver home sales reached an all-time high last year as housing needs remained a top priority for residents in the second year of the COVID-19 pandemic.
The Real Estate Board of Greater Vancouver...
Double digit price increases expected for 2022
After 2 years of strong price appreciation, Canadian home prices are expected to increase significantly in 2022, albeit at a slower pace than in previous years. According to the Royal LePage Market Survey...
Home sales up, listings down across Greater Vancouver
As we near the end of 2021, home buyer demand remains well in excess of long-term averages and the supply of homes for sale continues to decline across Metro Vancouver’s housing market. ...
Greater Vancouver home buyers compete for limited home listings in October
Home sale activity in Metro Vancouver remained above historical averages in October while the overall supply of homes for sale dipped to levels not seen in three years.
The Real Estate Board of Greater...
Canadian home prices soar as persistent supply shortage results in continued seller’s market
National aggregate home price increases 21.4% year-over-year
Third quarter highlights:
- Royal LePage maintains its 2021 forecast, with the national aggregate home price expected to rise 16.0% in Q4, compared...
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...
STEADY SALES, REDUCED LISTINGS AND VIRTUALLY UNCHANGED HOME PRICES IN JULY
Metro Vancouver's housing market saw more moderate sales, listings and pricing trends in July compared to the heightened activity experienced throughout much of the pandemic.
The Real Estate Board of Greater...
Canadian home price forecast revised upward to 16% as roaring spring market eases into summer
Second quarter regional highlights:
- Aggregate price of a home in Canada rose 25.3% year-over-year in the second quarter
- Demand expected to outstrip supply with upward pressure on prices, yet the...
HOUSING MARKET SETS A STEADY, CALMER PACE TO BEGIN THE SUMMER SEASON
While still elevated, home sale and listing activity in Metro Vancouver has eased back from the record-setting pace seen in March and April of this year.
The Real Estate Board of Greater Vancouver (REBGV)...
