Tagged: Market Update

In The VPG Realty Blog

VANCOUVER HOME SALES SURGE 45% IN OCTOBER TO TOP 10-YEAR AVERAGE

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]

Comment On This!

INCREASED DEMAND HELPS HOUSING MARKET REACH BALANCED TERRITORY

“We’re seeing more balanced housing market conditions over the last three months compared to what we saw at this time last year,” Ashley Smith, REBGV president said. “Home buyers are more willing to make offers today, particularly in the townhome and apartment markets.”  [read more]

Comment On This!

May 2018 Housing Market Update – Real Estate Board of Greater Vancouver

“With fewer homes selling today compared to recent years, the number of homes available for sale is rising,” Phil Moore, REBGV president said. “The selection of homes for sale in Metro Vancouver has risen to the highest levels we’ve seen in the last two years, yet supply is still below our long-term historical averages.” [read more]

Comment On This!

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]

Comment On This!

North Vancouver Market Update: July 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]

Comment On This!

REBGV Market Update: Metro Vancouver home sales above average in October 2014

Home sales in the Metro Vancouver* housing market continue to outpace long-term averages for this time of year. The Real Estate Board of Greater Vancouver (REBGV) reports that residential property … [read more]

Comment On This!

Back To The Top