Home sellers in Metro Vancouver* appeared eager to enter the market to start the year leading to significant year-over-year increases in new listed homes in January. * Areas covered by Greater Vancouver REALTORS® include: Bowen Island, Burnaby, Coquitlam, Maple Ridge, New Westminster, North Vancouver, Pitt Meadows, Port Coquitlam, Port Moody, Richmond, South Delta, Squamish, Sunshine Coast,…
Did you know you that Realtor.ca and Realtylink.org have added sold data features on their websites recently for a property listed on MLS®. The sold data of an active listing helps you see the historical sale history of the listing, if available. How to access the sold data is a bit different for each website. …
North Vancouver activity snapshot for January compared to January 2024, shows total residential sales up +13.5% for homes, +30.2% for apartments and up +17.6% for townhomes. 73% of NV January house sales sold in the 1.5mil to 3mil range, 93% apartment sales in the $400,000 to $1,499,999 range and 90% townhome sales in the $900,000…
West Vancouver‘s activity snapshot for January shows home total sale numbers up +13.3%, active listings down -2.4%, days on market down -12.6% and MLS® HPI Benchmark Price up +2.4% compared to same month the year before. January apartments sales were up +83.3%, active listings up +16.9%, days on market down -17.3% and MLS® HPI Benchmark…
The year 2025 has begun with a bang, not a whimper. National headlines have been relentless, from the unexpected resignation of the Prime Minister to the looming threat of tariff wars with our southern neighbours following President Donald Trump’s return to the Oval Office. Amid this whirlwind of political and economic shifts, Greater Vancouver’s real…
John Jennings, Royal LePage Sussex-John Jennings, just released his monthly Market Update! He reports in West Vancouver, there was 24 months of inventory (MOI). This represents a buyer’s market based on MOI. In December there was 15 months of inventory. The sales to new listings percentage was 12%, which represents a buyer’s market. In North…
Home sellers off to an active start in 2025! Homes newly listed on the MLS® in Metro Vancouver* rose 46 per cent year-over-year in January, as sellers appear eager to enter the market to start the year. The Greater Vancouver REALTORS® (GVR) reports that residential sales in the region totalled 1,552 in January 2025, an…
Improved real estate market momentum predicted in the just released Greater Vancouver REALTOR® 2025 H1 Residential Market Forecast. Key forecast highlights Fundamental factors that drive our market such as household formation, population growth, and employment growth will remain fairly strong. Lower borrowing costs are likely to further spur homebuyer demand. Inventory levels for each market…
The Royal LePage Home Price Update and Market Forecast was just released which includes price data and insights from experts in 64 real estate markets across the country, as well as national and regional forecasts. Greater Vancouver summary follows….. The aggregate price of a home in Greater Vancouver increased a modest 0.7 per cent to…
Our local real estate board just released its recap and looking ahead report: Metro Vancouver home sales registered a strong finish to cap off 2024 signaling strengthening demand momentum as we move into the new year. Looking at 2024, realtors registered over 26,561 home sales on the MLS in 2024. Sale activity had a…
