Tag Archives: Vancouver Market Update

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

Home Sales Down While Listings Increase Across Metro Vancouver

The Metro Vancouver housing market saw fewer home buyers and more home sellers in April.

The Real Estate Board of Greater Vancouver (REBGV) reports that residential property sales in the region totalled 2,579 in April 2018, a 27.4% decrease from the 3,553 sales recorded in April 2017, and a 2.5% increase compared to March 2018 when 2,517 homes sold.

Last … Read More

Metro Vancouver Real Estate Market Dropped Throughout First Quarter

Home buyers and sellers were less active as Metro Vancouver real estate market dropped throughout first quarter of 2018.

The Real Estate Board of Greater Vancouver (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 … Read More

February Home Buyers Were Less Active

Metro Vancouver home sales dipped below the long-term historical average in February.

The Real Estate Board of Greater Vancouver (REBGV) reports that residential property sales in the region totaled 2,207 in February 2018, a nine per cent decrease from the 2,424 sales recorded in February 2017, and a 21.4% increase compared to January 2018 when 1,818 homes sold.

Last month’s … 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

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

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

RE/MAX National Spring 2016 Trends Report

RE:MAX 2016 Housing Report Thumbnail

In the RE/MAX National Spring 2016 Trends Report, it’s the best of times and the worst of times for real-estate in communities across Canada. High demand and low supply continue to characterize Vancouver’s and Toronto’s housing markets throughout 2015 as competition from Buyers over the limited inventory of single family homes pushes prices higher.

The average residential sale price increased

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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