Tag Archives: Housing Report

Sales Slower While October Listings At Four Year Highs

The REBGV reports, home sales slower while October listings at four year highs across Metro Vancouver. Residential home sales in the region totalled 1,966 in October 2018, a 34.9% decrease from the 3,022 sales recorded in October 2017, and a 23.3% increase compared to September 2018 when 1,595 homes sold.

Last month’s sales were 26.8% below the 10-year October Read More

Housing Supply Rises As Demand Slows Across Metro Vancouver

Housing supply rises as demand slows across Metro Vancouver in September, while home buyer demand remained below typical levels for this time of year.

The Real Estate Board of Greater Vancouver (REBGV) reports that residential property sales in the region totalled 1,595 in September 2018, a 43.5 per cent decrease from the 2,821 sales recorded in September 2017, and a … Read More

Market Worries Keep Buyers & Sellers on Sidelines

Market worries keep buyers and sellers on sidelines.  Home buyers and sellers were less active in Metro Vancouver throughout the first quarter of 2018.

The REBGV reports that residential home sales in the region totalled 2,517 in March 2018, a 29.7% decrease from the 3,579 sales recorded in March 2017, and a 14% increase compared to February 2018 when 2,207 … Read More

Home Buyer Demand Depends on Property Type

Attached and apartment homes are in demand across Metro Vancouver while detached home buyers are facing less competition today.

The Real Estate Board of Greater Vancouver (REBGV) reports that residential home sales in the region totalled 1,818 in January 2018, a 19.4 per cent increase from the 1,523 sales recorded in January 2017, and a 9.8 per cent decrease compared … Read More

2018 Canadian Housing Report Forecasts 2.5% Uptick

Canadians continue to seek balance between affordability and amenities outside of major urban centres

RE/MAX 2018 Canadian Housing Report forecasts 2.5% uptick, in overall prices. This past year saw the single-family detached home and condo markets diverge on distinctly different paths in Canada’s two highest-priced real estate markets, Greater Vancouver and the Greater Toronto Area (GTA). The trend is expected … Read More

Housing Demand Remains Strong, While Supply Shrinks Further!

Housing demand remains strong, while supply shrinks further. Even as home listings began the traditional year-end decline the REBGV reports that residential property sales in Metro Vancouver reached 3,524 on the MLS®, a 40.1 per cent increase compared to the 2,516 sales recorded in November 2014, and a 3.3 per cent decrease compared to the 3,646 sales in October 2015… Read More

Vigorous Housing Demand Unabated in August

The British Columbia Real Estate Association (BCREA) reports vigorous housing demand unabated in August, throughout BC. A total of 8,811 residential unit sales were recorded by the Multiple Listing Service® (MLS®) in August, up 20 per cent from the same month last year. Total sales dollar volume was $5.5 billion, a 32.8 per cent increase in comparison to the previous … Read More

Tight Supply and Competition Continues Driving Metro Vancouver’s Housing Market

Tight supply & competition continues driving Metro Vancouver’s housing market, as home buyers spent the summer months struggling in the search 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 reached … Read More

High Consumer Confidence and Tight Supply Continue to Strengthen Real Estate Prices!

High consumer confidence and tight supply continue to strengthen real estate prices, reports the British Columbia Real Estate Association (BCREA). A total of 10,247 residential unit sales were recorded by the Multiple Listing Service® (MLS®) in July, up 20.7 per cent from the same month last year. Total sales dollar volume was $6.2 billion, a 33.9 per cent increase in … Read More

BC Home Sales Mirror Vancouver and Post Second Strongest June on Record

BC home sales mirror Vancouver and post second strongest June on record, reports the British Columbia Real Estate Association (BCREA). 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 volume was $7.1 billion, a 42.6 per cent increase in

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