Category: Market Updates

Home Buyers and Sellers Face Changing Market Dynamics Metro Vancouver* home sales dipped below the 10-year monthly sales average last month. This is the first time this has occurred in the region since May 2014. Metro Vancouver home sales totalled 2,253 in September 2016, a decrease of 32.6 per cent from the 3,345 sales recorded […]

BC Housing Demand Remains Strong Despite Fewer Vancouver Home Sales Vancouver, BC – September 13, 2016 – For the complete news release, including detailed statistics, click here. The British Columbia Real Estate Association (BCREA) reports that 8,945 residential unit sales were recorded by the Multiple Listing Service® (MLS®) in August, up 1.5 per cent from the […]

Majority of Detached home markets across Metro/Greater Vancouver moved into Buyers & Balanced Market conditions in August. Attached (ie. Condos / Townhomes) mostly remain in Sellers Market. Email info@YourHomeTeam.com for your free SnapStats analytics report.    

Metro Vancouver home sales return to typical August levels VANCOUVER, BC – September 2, 2016 – For the second straight month, home buyer demand in Metro Vancouver* moved off of the record-breaking pace seen earlier this year and returned to more typical levels. The Real Estate Board of Greater Vancouver (REBGV) reports that residential property […]

Record BC Home Sale Forecast Despite Vancouver Slowdown Vancouver, BC – August 25, 2016. The British Columbia Real Estate Association (BCREA) released its 2016 Third Quarter Housing Forecast Update today. View the full BCREA Housing Forecast, click here. Multiple Listing Service® (MLS®) residential sales in the province are forecast to climb 10.4 per cent to […]

The British Columbia Real Estate Association (BCREA) reports that 9,900 residential unit sales were recorded by the Multiple Listing Service® (MLS®) in July, down 3.4 per cent from the same month last year. Total sales dollar volume was $6.57 billion in July, up 5.4 per cent compared to the previous year. The average MLS® residential […]

Home sales move off of record-breaking pace in July Metro Vancouver* homes sales resembled more typical levels in July. The Real Estate Board of Greater Vancouver (REBGV) reports that residential property sales in the region totalled 3,226 in July 2016, a decrease of 18.9 per cent from the 3,978 sales recorded in July 2015 and […]

HOME BUYERS REMAIN ACTIVE ACROSS METRO VANCOUVER Residential property sales in the region totalled 4,400 in June 2016, an increase of 0.6 per cent from the 4,375 sales recorded in June 2015 and a decrease of 7.7 per cent compared to May 2016 when 4,769 homes sold. Last month’s sales were 28.1 per cent above […]

Demand remains elevated across the Metro Vancouver housing market Metro Vancouver homes continue to sell at an unprecedented rate in communities across the region.   Residential property sales on the region’s Multiple Listing Service® (MLS®) totalled 4,769 in May 2016, an increase of 17.6 per cent from the 4,056 sales recorded in May 2015 and […]

BCREA 2016 Second Quarter Housing Forecast Vancouver, BC – June 2, 2016. The British Columbia Real Estate Association (BCREA) released its 2016 Second Quarter Housing Forecast. To view the full BCREA Housing Forecast, click here. Multiple Listing Service® (MLS®) residential sales in the province are forecast to climb 12.3 per cent to a record 115,200 […]