April 2023:
Home Sales in Metro Vancouver Have Mounted a Surprising Comeback
Posted on May 08, 2023
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 eroded borrowing power and brought home sales activity down along with it.
The Real Estate Board of Greater Vancouver (REBGV) reports that resident...
The Real Estate Board of Greater Vancouver (REBGV) reports that resident...
March 2023 Market Update
Posted on Apr 10, 2023
Home prices across Metro Vancouver’s housing market showed modest increases in March, while new listings remained below long-term historical averages. March data also indicates home sales are making a stronger than expected spring showing so far, despite elevated borrowing costs.
The Real Estate Board of Greater Vancouver (REBGV) reports that resid...
Home buyer demand remains elevated!- Jan 2021 RE Market Update
Posted on Feb 09, 2021
Home buyer demand remains elevated across Metro Vancouver
In the first month of 2021, Metro Vancouver’s* housing market continued the pattern set at the end of last year with home sale activity outpacing the supply of homes listed for sale.The Real Estate Board of Greater Vancouver (REBGV) reports that residential home sales in the region totalled 2...
GoodBye 2020! Let’s review how we did in the year of 2020-Dec 2020 Market Update
Posted on Jan 13, 2021
Metro Vancouver housing market shows resilience in 2020
Strong December activity brought Metro Vancouver’s* 2020 home sales total in line with the region’s long-term annual average.The Real Estate Board of Greater Vancouver (REBGV) reports that residential home sales in the region totalled 30,944 in 2020, a 22.1 per cent increase from the 25,351 sal...
Condo Market Soften While Single Detached and Townhomes Remain High in Demand?-Oct 2020 RE Update
Posted on Nov 19, 2020
Home sale and listing resurgence extends into the fall
Home sale and new listing activity remained at near record levels across Metro Vancouver in October.The Real Estate Board of Greater Vancouver (REBGV) reports that residential home sales in the region totalled 3,687 in October 2020, a 29 per cent increase from the 2,858 sales recorded in October...
44.8 per cent above the 10-year sales average?-SEP 2020 Market Update
Posted on Oct 22, 2020
Home sale and new listing activity reached record levels in Metro Vancouver in September.
The Real Estate Board of Greater Vancouver (REBGV) reports that residential home sales in the region totalled 3,643 in September 2020, a 56.2 per cent increase from the 2,333 sales recorded in September 2019, and a 19.6 per cent increase from the 3,047 homes so...