Tagged: Real Estate Board of Greater Vancouver

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]

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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]

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MLS Medallion Club – Top 10% of Realtors in Vancouver

I would like to thank my family, friends and especially my clients who have trusted me with the purchase or sale of a home or investment property. 2015 was a banner year and I look forward to a busy and prosperous 2016. [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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North Vancouver Housing Market Update: September 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]

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REBGV Stats April 2015: Home buyer demand outpacing supply across the Metro Vancouver

“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]

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