Tagged: REBGV Market Update

In The VPG Realty Blog

SUMMER SEES HOME LISTING SUPPLY DECLINE ACROSS METRO VANCOUVER

Summer sees home listing supply decline across Metro Vancouver. While home buyers have remained active in Metro Vancouver throughout the summer, the supply of homes for sale has declined steadily since June. [read more]

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METRO VANCOUVER’S HOUSING MARKET SETS A STEADY, CALMER PACE TO BEGIN THE SUMMER SEASON

While still elevated, home sale and listing activity in Metro Vancouver* has eased back from the record-setting pace seen in March and April of this year. Last month’s sales were 18.4 per cent above the 10-year June sales average. [read more]

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HOME SALE AND LISTING ACTIVITY IN METRO VANCOUVER MOVES OFF OF ITS RECORD-BREAKING PACE

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]

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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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May sees modest increase in home sales while housing supply reaches five-year high

“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]

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REBGV Market Update: Home buyer demand stays below historical averages in August

“Home buyers have been less active in recent months and we’re beginning to see prices edge down for all housing types as a result,” Phil Moore, REBGV president said. “Buyers today have more listings to choose from and face less competition than we’ve seen in our market in recent years.” [read more]

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