Tag Archives: Market Analysis

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

Heated Year for Metro Vancouver Real Estate Concludes

The Metro Vancouver housing market had its third highest selling year on record in 2016, behind only 2015 and 2005.  Sales of detached, attached and apartment properties in the region reached 39,943 in 2016, a 5.6 per cent decrease from the 42,326 sales recorded in 2015, and a 20.6 per cent increase over the 33,116 residential sales in 2014.

“It Read More

Home Buyers Remain Active Across Metro Vancouver Despite a Reduced Supply of Homes for Sale

The Real Estate Board of Greater Vancouver (REBGV) reports, home buyers remain active across Metro Vancouver despite a reduced supply of homes for sale. Residential property sales in *Metro Vancouver reached 3,646 on the Multiple Listing Service® (MLS®) in October 2015. This represents a 19.3 per cent increase compared to the 3,057 sales recorded in October 2014, and a 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

Summer Weather as Hot Home Buyer Activity!

Metro Vancouver home sales were more than a third above the 10-year average in July, while the number of homes listed for sale continues to trend below recent years.

The Real Estate Board of Greater Vancouver (REBGV) reports that residential property sales in Metro Vancouver* reached 3,978 on the Multiple Listing Service® (MLS®) in July 2015. This represents a 30 … Read More

Strong Growth Expected for Commercial Real Estate Sector in 2015

BCREA Commercial Leading Indicator

The BCREA Commercial Leading Indicator (CLI) rose 0.8 index points to 119.8, the fourth consecutive quarterly increase. The continued advance in the CLI trend points to optimism surrounding the economic environment underlying the commercial real estate market.

“Rising consumer confidence combined with a lower value of the loonie and a strengthening US economy helped to push the economic activity component … Read More

Home Buyers Remain Active Despite Reduced Selection

VANCOUVER, B.C. – February 3rd, 2015 –The first month of 2015 saw home sale activity above historical norms, while the number of homes listed for sale trended below typical levels.

The Real Estate Board of Greater Vancouver (REBGV) reports that residential property sales in Greater Vancouver reached 1,913 on the Multiple Listing Service® (MLS®) in January 2015. This represents an … Read More

Home Sales & Listings Reach Historical Norms in 2014


It was a typical year for the Metro Vancouver housing market in certain respects. The region’s home sale and listing totals for 2014 both rank fifth when compared against the past 10 years of activity, while home prices increased.

The Real Estate Board of Greater Vancouver (REBGV) reports that total sales of detached, attached and apartment properties in 2014 reached … Read More

RE/MAX 2015 Housing Market Outlook Report is Out!

REMAX-Housing-Report

Vancouver, December 10th, 2014 – RE/MAX’s 2015 Housing Market Outlook Report, indicates Canada’s average residential sale price is projected to increase two to three per cent in the year ahead.  The outlook for Vancouver and the Lower Mainland continues to be strong with the expectation of prices to continue rising, albeit more modestly, yet still matching the national … Read More