C: 778-881-0673
O: (604) 220-2020
March 2nd, 2023
“It’s hard to sell what you don’t have, and with new listing activity remaining among the lowest in recent history, sales are struggling to hit typical levels for this point in the year,” said Andrew Lis, REBGV’s director, economics and data analytics. [read more]
February 2nd, 2022
Low supply keeps upward pressure on home prices across Metro Vancouver’s housing market. The first month of 2022 saw home sales come down from last year’s record-setting pace, while low supply continued to cause home prices to edge higher across Metro Vancouver. [read more]
June 7th, 2021
The Metro Vancouver housing market saw steady home sale and listing activity in May, a shift back from the record-breaking activity seen in the earlier spring months. The Real Estate Board of Greater Vancouver (REBGV) reports that residential home sales in the region totalled 4,268 in May 2021, a 187.4 per cent increase from the 1,485 sales recorded in May 2020, and a 13 per cent decrease from the 4,908 homes sold in April 2021. [read more]
December 6th, 2020
"The supply of homes for sale are a critical factor in understanding home price trends," Gerber said. "The total number of homes for sale in Metro Vancouver is lagging behind the pace of demand right now. This trend favours home sellers in today's market." [read more]
September 9th, 2020
“Low interest rates and limited overall supply of homes for sale are creating competition in today’s housing market,” Gerber said. “Your local REALTOR® can help you navigate today’s market and ensure that the latest public health requirements are followed at every step of the process. Above all, safety has to remain our top priority during this pandemic.”just west vanc [read more]
March 3rd, 2020
February saw steady home buyer demand and reduced home seller supply across Metro Vancouver*. [read more]
November 5th, 2019
The Metro Vancouver* housing market is experiencing a fall pickup in home sale activity. The Real Estate Board of Greater Vancouver (REBGV) reports that residential home sales in the region totalled 2,858 in October 2019, a 45.4 per cent increase from the 1,966 sales recorded in October 2018, and a 22.5 per cent increase from the 2,333 homes sold in September 2019. [read more]
June 4th, 2019
“Whether you’re a buyer looking to make an offer or a seller looking to list your home, getting your pricing right is the key in today’s market,” Smith said. “To be competitive, it’s important to work with your local REALTOR® to assess and understand the latest trends in your neighbourhood and property type of choice.” [read more]
September 11th, 2016
Almost all of the presale units in projects under construction downtown are spoken for and sales so far this year have broken records, according to developers. Industry watchers say it’s too soon to tell when or how a slowdown in the resale market will catch up with presales. [read more]
April 5th, 2016
"March was the highest selling month the REBGV has ever recorded,” Dan Morrison, REBGV president said. “Today's demand is broad based. Home buyers are active in neighbourhoods across our region. Strong job and economic growth in our province, positive net migration and low interest rates are helping to drive this activity," Morrison said. [read more]
October 13th, 2015
As you can see from the stats package below, the North Vancouver housing market continues to sit well into a Sellers market for apartments, townhomes and detached homes, with the sales to active listing ratio well above 20% for all three homes types. [read more]
September 10th, 2015
“There was no summer lull in our market this year. Home buyers have been working with their REALTORS® throughout the summer months,” Darcy McLeod, REBGV president said. “They’re motivated, but they’re competing for a smaller supply of homes for sale than is typical for this time of year — that’s the dynamic driving our market right now.” [read more]
August 10th, 2015
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. [read more]
May 15th, 2015
“The supply of homes for sale today in the region is not meeting the demand we're seeing from home buyers. This is putting upward pressure on prices, particularly in the detached home market," Darcy McLeod, REBGV president said. “It’s a competitive and fast-moving market today that is tilted in favour of home sellers. [read more]
April 7th, 2015
"We're seeing strong competition amongst home buyers today. This is leading to more multiple offer situations and some upward pressure on home prices,” Darcy McLeod, REBGV president said. “For sellers, this means that it's taking less time, on average, for your home to sell if you have it priced correctly for today's market." [read more]
October 14th, 2014
Home sales activity picks up the pace in September Home buyers were active in Metro Vancouver last month, with home sales well exceeding the 10-year average for September. The Real … [read more]
August 13th, 2014
Home buyers continue to slightly outpace sellers, but not by much The Greater Vancouver housing market continues to see slightly elevated demand from home buyers, steady levels of supply from … [read more]
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