Market Update June 3, 2023 · 3 min read Metro Vancouver Market Update May 2023 Competition among buyers in Metro Vancouver’s housing market heats up as summer arrives VANCOUVER, BC – June 2, 2023 – 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 […]
Market Update May 3, 2023 · 3 min read Metro Vancouver Market Update April 2023 Prices continue rising across Metro Vancouver as home buyer confidence returns VANCOUVER, BC – May 2, 2023 – With listing activity remaining below historical norms, home sales in Metro Vancouver have mounted a surprising comeback, rising near levels seen last spring, before eight consecutive interest rate hikes eroded borrowing power and brought home sales activity […]
Market Update April 5, 2023 · 3 min read Metro Vancouver Market Update March 2023 Spring brings renewed price growth across Metro Vancouver’s housing market while new listings remain dormant VANCOUVER, BC – April 3, 2023 – Home prices across Metro Vancouver’s1 housing market showed modest increases in March, while new listings remained below long-term historical averages. March data also indicates home sales are making a stronger than expected spring […]
Market Update March 3, 2023 · 3 min read Metro Vancouver Market Update February 2023 Below average home sales allow inventory to inch upwards VANCOUVER, BC – March 2, 2023 – February listing data show a continued reluctance among prospective home sellers to engage in Metro Vancouver’s* housing market, leading to below-average sales activity. With sales remaining well-below historical norms, the number of available homes for sale in the region […]
Market Update February 3, 2023 · 3 min read Metro Vancouver Market Update January 2023 Home sales decline below long-term averages and inventory remains low to start 2023 VANCOUVER, BC – February 2, 2023 – Inventory remains low in Metro Vancouver* while home sales dipped well below monthly historical averages in January. The Real Estate Board of Greater Vancouver (REBGV) reports that residential home sales in the region totalled 1,022 […]
Market Update January 5, 2023 · 4 min read Metro Vancouver Market Update December 2022 Rising mortgage rates brought uncertainty and caution to Metro Vancouver’s housing market in 2022 VANCOUVER, BC – January 4, 2023 – After seeing record sales and prices during the pandemic, Metro Vancouver’s* housing market experienced a year of caution in 2022 due to rising borrowing costs fueled by the Bank of Canada’s ongoing battle with […]
Market Update December 5, 2022 · 4 min read Metro Vancouver Market Update November 2022 Home sale and listing activity continue trending below long-term averages in November VANCOUVER, BC – December 2, 2022 – While typically a quiet month of market activity based on seasonal patterns, November home sale and listing totals lagged below the region’s long-term averages. The Real Estate Board of Greater Vancouver (REBGV) reports that residential home […]
Market Update November 3, 2022 · 3 min read Metro Vancouver Market Update October 2022 Inflation, rising interest rates create caution across Metro Vancouver’s housing market VANCOUVER, BC – November 2, 2022 – Home sale activity across the Metro Vancouver* housing market continued to trend well below historical averages in October. The Real Estate Board of Greater Vancouver (REBGV) reports that residential home sales in the region totalled 1,903 in […]
Market Update October 5, 2022 · 3 min read Metro Vancouver Market Update September 2022 Metro Vancouver saw more home sellers and fewer buyers in September Vancouver, B.C. – October 4, 2022 – Home sellers were more active in Metro Vancouver’s* housing market in September while home buyer demand remained below the region’s long-term averages. The Real Estate Board of Greater Vancouver (REBGV) reports that residential home sales in the […]
Market Update September 2, 2022 · 3 min read Metro Vancouver Market Update August 2022 Metro Vancouver’s housing market sees fewer home buyers and sellers in August VANCOUVER, BC – September 2, 2022 – Metro Vancouver’s* housing market is experiencing a quieter summer season marked by reduced sale and listing activity. The Real Estate Board of Greater Vancouver (REBGV) reports that residential home sales in the region totalled 1,870 in […]
Market Update August 3, 2022 · 3 min read Metro Vancouver Market Update July 2022 Home buyer demand continues to ease across Metro Vancouver VANCOUVER, BC – August 3, 2022 – Metro Vancouver’s housing market has entered a new cycle marked by quieter home buyer demand and a gradual rise in the supply of homes for sale. The Real Estate Board of Greater Vancouver (REBGV) reports that residential home sales […]
Market Update July 6, 2022 · 3 min read Metro Vancouver Market Update June 2022 Home listings up, sales down and prices starting to decrease to start the summer season VANCOUVER, BC – July 5, 2022 – With interest rates and housing supply increasing, Metro Vancouver* home buyers are operating in a changing marketplace to begin the summer season. The Real Estate Board of Greater Vancouver (REBGV) reports that residential […]
