The Real Estate Board of Greater Vancouver just released a report saying….. “Under the hood, 2024 is poised to be a growth year for the residential market across the Real Estate Board of Greater Vancouver’s areas. Fundamental factors that drive our market, such as household formation, population growth, and employment growth remain fairly strong despite…
The Real Estate Board of Greater Vancouver (REBGV) reports that residential sales in the region (Metro Vancouver) totalled 26,249 in 2023, a 10.3 per cent decrease from the 29,261 sales recorded in 2022, and a 41.5 per cent decrease from the 44,884 sales in 2021. Last year’s sales total was 23.4 per cent below the…
Our local real estate board reports ‘balanced conditions come to the Metro Vancouver housing market for the holiday season’. With one month left in 2023, a steady increase in housing inventory is offering home buyers across Metro Vancouver among the largest selection to choose from since 2021. The Real Estate Board of Greater Vancouver (REBGV)…
The Real Estate Board of Greater Vancouver housing market remains resilient in the face of challenging economic conditions. Over the past few months, we’ve witnessed an increase in home values, amounting to $31,351 since June. This brings the average home price in Greater Vancouver to $1,301,970, marking a noteworthy year-over-year increase of $62,063. Among the…
Metro Vancouver housing market holds steady in October. An increase in newly listed properties is providing more choice to home buyers across Metro Vancouver, but sales remain below long-term averages. The Real Estate Board of Greater Vancouver (REBGV) reports that residential sales in the region totaled 1,996 in October 2023, a 3.7 per cent increase…
Our local real estate board reports month-over-month price gains seen earlier this year abated in the Metro Vancouver housing market in September due to a seasonal decline in sales and a modest increase in inventory levels across the region. Sales The Real Estate Board of Greater Vancouver (REBGV) reports that residential home sales2 in the…
As summer winds to a close, higher borrowing costs have begun to permeate the Metro Vancouver housing market in predictable ways, with price gains cooling and sales slowing along the typical seasonal pattern. Sales The Real Estate Board of Greater Vancouver (REBGV) reports that residential home sales in the region totalled 2,296 in August 2023,…
Home prices across all home types in Metro Vancouver rose again in July, as strong sales figures continue to push up against low levels of housing inventory in the region. Sales The Real Estate Board of Greater Vancouver (REBGV) reports that residential home sales in the region totalled 2,455 in July 2023, a 28.9…
Recent stats from our local real estate board shows home prices continue to rise in Metro Vancouver’s housing market to kick off the summer. Continuing the trend that has emerged in the housing market this year, the benchmark price for all home types in Metro Vancouver increased in June as home buyer demand butted up…
Competition among buyers in Metro Vancouver’s housing market heats up as summer arrives. While the year started slower than usual, Metro Vancouver’s housing market is showing signs of heating up as summer arrives, with prices increasing for the sixth consecutive month. The Real Estate Board of Greater Vancouver (REBGV) reports that residential home sales in…
