News & Tips

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

The new year started with a 42% jump in home sales volume compared to January 2019, while new listing inventory was down 20% from the same time last year. In January, sales and prices continued the upward trend which started in the Fall of 2019 in most parts of Vancouver. “We’ve begun 2020 with steady […]

In the first part of the year many prospective buyers were in a holding pattern waiting to see how prices would react to the mortgage stress test, new taxes, and other policy changes. Buyer confidence started to return in late summer and we saw above-average sales in the second part of 2019. As a result, […]