News & Tips

Spring ushers in calmer housing market trends in 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 Board of Greater Vancouver (REBGV) reports that residential home sales in the […]

Vancouver home sales return to more traditional levels in April   Home buyer demand in Metro Vancouver returned to more historically 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 per cent decrease from the 4,908 sales […]

While down from last year’s record numbers, home sale activity in Metro Vancouver’s housing market remained elevated in March. The Real Estate Board of Greater Vancouver (REBGV) reports that residential home sales in the region totalled 4,344 in March 2022, a 23.9 per cent decrease from the 5,708 sales recorded in March 2021, and a […]

Listings inch up, demand remains steady and price gains continue in Metro Vancouver’s housing market in February 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 Vancouver (REBGV) reports that residential home sales in the […]

Low supply keeps upward pressure on home prices across Metro 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 of Greater Vancouver (REBGV) reports that residential home sales […]

Metro Vancouver home sales reached an all-time high in 2021 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 (REBGV) reports that residential home sales in the region totalled 43,999 in 2021, a 42.2 per cent increase from the 30,944 […]

“The imbalance between supply and demand, coupled with some buyers wanting to use rate holds on lower rate fixed-term mortgages, is keeping upward pressure on home prices in this traditionally quieter time of year for the market … We expect home sale totals to end the year at or near an all-time record in our […]

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 Vancouver (REBGV) reports that residential home sales in the region totalled 3,494 in October 2021, a 5.2 per cent decrease from the […]

Purchasing a property is a very exciting time for Buyers, and there is nothing we love more than assisting clients with that experience and seeing the expressions on their faces when they get the news that their offer has been accepted. In today’s market, we continue to see multiple-offers on houses, townhouses and condos across […]

  “The total inventory of homes for sale remains insufficient to meet the demand in today’s market. This scarcity limits peoples’ purchasing options and ultimately adds upward pressure on home prices” – Keith Stewart, Real Estate Board of Greater Vancouver economist   “…Market conditions continue to be challenging for buyers,” added Larry Anderson, president of […]