Tag Archives: Housing Update

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

RE/MAX 2018 Spring Market Update Video Report

The RE/MAX 2018 Spring Market Update Video Report, is out!

Greater Vancouver continues to be a buyer’s market with great demand for condominiums. The foreign buyer’s tax and high prices for detached homes have had an impact on the low activity in January and February. With the new speculation tax, a lot of buyers are holding off on purchasing.

Greater

Read More

BCREA Housing Market Update – March 2018

The British Columbia Real Estate Association (BCREA) reports that a total of 6,206 residential unit sales were recorded by the Multiple Listing Service® (MLS®) across the province in February, a 5.7% decrease from the same period last year. The average MLS® residential price in BC was $748,327, up 8.8% from the previous year. Total sales dollar volume was … 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 Heated Throughout Metro Vancouver

Housing demand remains heated throughout Metro Vancouver as residential property sales on the region’s Multiple Listing Service® (MLS®) totalled 4,769 in May 2016, an increase of 17.6 per cent from the 4,056 sales recorded in May 2015 and a decrease of 0.3 per cent compared to April 2016 when 4,781 homes sold. Last month’s sales were 35.3 per cent above … Read More

Vancouver Home Buyers Competing Aggressively For Fewer Home Listings

The REBGV reports, Vancouver home buyers competing aggressively for fewer home listings in . Sales in Metro Vancouver reached 3,345 on the MLS® in September 2015. This represents a 14.5 per cent increase compared to the 2,922 sales recorded in September 2014, and a 0.5 per cent decrease compared to the 3,362 sales in August 2015. Last month’s sales were … 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

Read More

Vancouver Real Estate Keeps Rolling Along, With Second Highest Selling Month on Record

Vancouver real estate keeps rolling along, with second highest selling month 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. This represents a 28.4 per cent increase compared to the 3,406 sales recorded in June 2014, and … Read More

Spring Market Continues To Put Upward Pressure On Prices

Spring market continues to put upward pressure on prices.  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 reached 4,056 on the Multiple Listing … Read More

Vancouver Real Estate Demand Continues to Outpace Supply

Vancouver Real Estate Demand Continues to Outpace Supply.  Strong home buyer demand coupled with below average home listing activity has created seller’s market conditions within the Metro Vancouver housing market.

The Real Estate Board of Greater Vancouver (REBGV) reports that residential property sales in
Metro Vancouver reached 4,179 on the Multiple Listing Service® (MLS®) in April 2015. This
represents a … Read More