Category: Market Updates

Metro Vancouver home buyers push October sales above long-term averages Home buyers remain active across Metro Vancouver despite a reduced supply of homes for sale. The Real Estate Board of Greater Vancouver (REBGV) reports that residential property sales in *Metro Vancouver reached 3,646 on the Multiple Listing Service® (MLS®) in October 2015. This represents a […]

Metro Vancouver home buyers compete for fewer home listings Conditions continue to favour home sellers across *Metro Vancouver’s housing market. The Real Estate Board of Greater Vancouver (REBGV) reports that residential property sales in Metro Vancouver reached 3,345 on the Multiple Listing Service® (MLS®) in September 2015. This represents a 14.5 per cent increase compared […]

Competition continues to drive Metro Vancouver’s housing market Metro Vancouver* home buyers spent the summer months searching for their next home. Between June and August, home sales were between 25 and 30 per cent above the ten-year sales average. The Real Estate Board of Greater Vancouver (REBGV) reports that residential property sales in Metro Vancouver […]

Summer heat doesn’t slow home buyer activity Metro Vancouver home sales were more than a third above the 10-year average in July, while the number of homes listed for sale continues to trend below recent years. The Real Estate Board of Greater Vancouver (REBGV) reports that residential property sales in Metro Vancouver* reached 3,978 on […]

BC Home Sales Post Second Strongest June on Record Vancouver, BC – July 14, 2015 – The British Columbia Real Estate Association (BCREA) reports that a total of 11,294 residential unit sales were recorded by the Multiple Listing Service® (MLS®) in June, up 25.6 per cent from the same month last year. Total sales dollar […]

Metro Vancouver home sales set record pace in June Last month was the highest selling June, and the second highest overall monthly total, on record for the Real Estate Board of Greater Vancouver (REBGV). The REBGV reports that residential property sales in Metro Vancouver* reached 4,375 on the Multiple Listing Service® (MLS®) in June 2015. […]

Metro Vancouver home sales surpass 4,000 for third consecutive month It continues to be a competitive spring market for Metro Vancouver* home buyers. This competition continues to put upward pressure on home prices, particularly in the detached home market. The Real Estate Board of Greater Vancouver (REBGV) reports that residential property sales in Metro Vancouver […]

Hottest April for Home Sales in a Decade Vancouver, BC – May 14, 2015. The British Columbia Real Estate Association (BCREA) reports that a total of 9,952 residential unit sales were recorded by the Multiple Listing Service® (MLS®) in May, up 28.7 per cent from the same month last year. Total sales dollar volume was […]

Buyer Demand Outpacing Supply Home buyer demand continues to outpace supply across the Metro Vancouver housing market. Below average home listing activity coupled with strong buyer demand continues to create Seller’s market conditions within the Metro Vancouver housing market. “It’s a competitive and fast-moving market today that is tilted in favour of home sellers” • Detached […]