Category: Market Updates

Home sales remain at record levels across Metro Vancouver Last month was the highest selling April on record for Metro Vancouver.   Residential property sales in the region totalled 4,781 in April 2016, an increase of 14.4 per cent from the 4,179 sales recorded in April 2015 and a decrease of 7.6 per cent compared […]

BC Home Sales Sizzle at Record Pace Vancouver, BC – March 14, 2016. The British Columbia Real Estate Association (BCREA) reports that a total of 9,637 residential unit sales were recorded by the Multiple Listing Service® (MLS®) last month, up 44.7 per cent from February of last year. This smashed the previous record of 8,157 […]

Metro Vancouver home buyers set a record pace in February Last month was the highest selling February on record for the Metro Vancouver housing market. Residential property sales in the region totalled 4,172 in February 2016, an increase of 36.3 per cent from the 3,061 sales recorded in February 2015 and an increase of 65.6 […]

Vancouver, BC – February 25, 2016 –   The BCREA Commercial Leading Indicator (CLI) broke a string of two consecutive declines, eking out a 0.1 point increase to an index value of 120.0 in the fourth quarter of 2015. On a year-over-year basis, the CLI was 0.4 per cent higher than in 2014. “Uncertainty in the […]

Home buyer competition keeps home sellers in the driver’s seat Home buyer activity remains at near record levels across the Metro Vancouver housing market. Residential property sales in Greater Vancouver totalled 2,519 in January 2016, an increase of 31.7 per cent from the 1,913 sales recorded in January 2015 and a 10.9 per cent decline […]

BCREA 2016 First Quarter Housing Forecast Update Jan 28, 2016 – The British Columbia Real Estate Association (BCREA) released 2016 First Quarter Housing Forecast Update today. Multiple Listing Service® (MLS®) residential sales in the province are forecast to edge back 6.2 per cent to 96,100 units this year, after reaching 102,517 units in 2015. Strong […]

December Smashes Home Sales Record and 2015 Enters Record Book The British Columbia Real Estate Association (BCREA) reports that a record number of home sales were recorded in the province for the month of December. A total of 6,590 residential unit sales were recorded by the Multiple Listing Service® (MLS®) last month, up 29.8 per […]

Metro Vancouver home sales set an all-time record in 2015 In a year when the number of homes listed for sale was below historical averages, actual home sales in Metro Vancouver set a new record. The Real Estate Board of Greater Vancouver (REBGV) reports that 2015 home sales were the highest annual total in REBGV […]

The British Columbia Real Estate Association (BCREA) reports that a total of 8,032 residential unit sales were recorded by the Multiple Listing Service® (MLS®) in November, up 34.5 per cent from the same month last year. Total sales dollar volume was $5.38 billion, up 56.4 per cent compared to the previous year. The average MLS® […]

Housing demand remains strong despite diminishing supply Home sales reached near record levels in November even as home listings began the traditional year-end decline.   The Real Estate Board of Greater Vancouver (REBGV) reports that residential property sales in Metro Vancouver reached 3,524 on the Multiple Listing Service® (MLS®) in November 2015. This represents a […]