Tagged: Market Stats

In The VPG Realty Blog

SUPPLY RESPONSE EMERGES IN METRO VANCOUVER’S ACTIVE HOUSING MARKET

Home sellers have become increasingly active in Metro Vancouver’s housing market this spring in response to heightened demand and rising home values that have materialized during the pandemic. [read more]

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MARCH HOME SALES AND NEW LISTINGS SET RECORDS IN METRO VANCOUVER

Home buyer and seller activity reached unprecedented levels across Metro Vancouver in March. Last month’s sales were 72.2 per cent above the 10-year March sales average and is the highest monthly sales total ever recorded in the region. [read more]

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HOME BUYER COMPETITION INTENSIFIES ACROSS METRO VANCOUVER’S HOUSING MARKET

The Real Estate Board of Greater Vancouver (REBGV) reports that residential home sales in the region totalled 3,727 in February 2021, a 73.3 per cent increase from the 2,150 sales recorded in February 2020, and a 56 per cent increase from the 2,389 homes sold in January 2021. [read more]

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HOME BUYER DEMAND REMAINS ELEVATED ACROSS METRO VANCOUVER

In the first month of 2021, Metro Vancouver’s* housing market continued the pattern set at the end of last year with home sale activity outpacing the supply of homes listed for sale. [read more]

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Slumping global commodity prices are indirectly contributing to a rush on Lower Mainland real estate

“A growing population in the region, juxtaposed against a fixed supply of land, particularly developable land,” says Finlayson, “will tend to push up land values, which in turn will put sustained upward pressure on the prices of certain types of housing, especially single-family homes. [read more]

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REBGV Stats March 2015: Metro Vancouver home buyers out in force in March

"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]

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Real Estate Board Greater Vancouver Stats September 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]

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