News & Tips

Jan 5, 2021 – 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 sales recorded in 2019, […]

  “Home buyer demand has been at near record levels in our region since the summer … putting upward pressure on home prices, particularly in our detached and townhome markets. The total number of homes for sale in Metro Vancouver is lagging behind the pace of demand right now. This trend favours home sellers in […]

Home Sales & Prices Climb in September Real Estate Board of Greater Vancouver chair describes the Vancouver housing market as “robust” with September home sales hitting a historic 10-year high.   “This increased activity can be attributed, in part, to lower interest rates and changing housing needs during the COVID-19 pandemic.”   Buyers are seeking […]

  Home buyer and seller activity in Metro Vancouver exceeded historical levels in July The Real Estate Board of Greater Vancouver (REBGV) reports that residential home sales in the region totalled 3,128 in July 2020, a 22.3 per cent increase from the 2,557 sales recorded in July 2019, and a 28 per cent increase from […]

Home sales activity rose 65% compared to previous month of May 2020, while home prices experienced minimal change.    The benchmark price for all Metro Vancouver homes that sold in June was $1,025,300, which was down 0.3% from May but up 3.5% from the same month a year ago: DETACHED home prices rose 0.5% compared […]

Buyers and Sellers are growing comfortable and adapting to the new real estate market norm: no open houses, virtual tours to showcase properties, COVID waivers and safety protocols for showings. Metro Vancouver saw a 37% decrease in homes listed for sale compared to a year ago May 2019, but a 59% increase compared to the […]

Due to physical distancing measures and economic uncertainty, April home sales volume dropped 56% compared to the previous month March 2020. However, home sales prices have so far remained fairly steady since the COVID-19 situation worsened in March. Sellers are currently taking advantage of the relatively low spring inventory which means less competition, while Buyers […]

Prior to Covid-19 stay-at-home measures, Greater Vancouver was experiencing a very strong start to the year.  The first two weeks of March were the busiest days of the year for the region with heightened demand and multiple offers being more common. As expected, the number of showings and sales slowed in the last two weeks […]

  February saw increased home buyer demand compared to this time last year, while the total inventory of homes for sale struggled to keep pace.   “If you’re considering listing your home for sale, now is a good time to act with increased demand, reduced competition from other sellers, and some upward pressure on prices” […]

Kitsilano is ranked Greater Vancouver’s #1 most searched neighbourhood in 2019