Metro Vancouver* home sales registered on MLS® for the month of March were the lowest going back to 2019 for the same month, while active listings continue to their upward trend. Sales The Greater Vancouver REALTORS® (GVR) reports that residential sales in the region totalled 2,091 in March 2025, a 13.4 per cent decrease from…
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,…
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…
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…
North Vancouver (NV) and West Vancouver (WV) commonality is location, that is, both are on Vancouver’s North Shore, however, their real estate markets differ! The two visuals that follow, for 2024 vs 2023, shows the level of inventory more often stronger in WV as well as the House Price Index, whereas sales numbers are more…
Our real estate board, Greater Vancouver Realtors® (GVR®) just released July stats and reports: newly listed properties registered on the Multiple Listing Service® (MLS®) rose nearly twenty per cent year over year in July, helping to sustain a healthy level of inventory in the Metro Vancouver1 housing market. On the demand side, the Greater Vancouver…
Metro Vancouver home sales registered on the MLS® remained below seasonal and historical averages in June. With reduced competition among buyers, inventory has continued to accumulate to levels not seen since the spring of 2019. The Greater Vancouver REALTORS® (GVR) reports that residential sales in the region totalled 2,418 in June 2024, a 19.1 per…
In West Vancouver, there was 10.3 months of inventory (MOI). This represents a buyer’s market based on MOI. Last month there was 10.4 months of inventory. The sales to new listings percentage was 21%, which represents a buyer’s market. In North Vancouver, there was 3.6 months of inventory. This represents a seller’s market based on…
Actively listed homes for sale on the MLS® in Metro Vancouver1 continued climbing in April, up 42 per cent year-over-year, breaching the 12,000 mark, a number not seen in the region since the summer of 2020. Sales Greater Vancouver REALTORS® (GVR)2 reports that residential sales3 in the region totalled 2,831 in April 2024, a 3.3…
In West Vancouver, there was 10.4 months of inventory (MOI). This represents a buyer’s market based on MOI. Last month there was 9.4 months of inventory. The sales to new listings percentage was 28%, which represents a buyer’s market. The first quarter of 2024 had 92 sales compared to the first quarter of 2023 which…
