News & Tips

 “In March, residents bought and listed homes across our region at levels not seen before,” Taylor Biggar, REBGV Chair Home buyer and seller activity reached unprecedented levels across Metro Vancouver in March. The Real Estate Board of Greater Vancouver (REBGV) reports that residential home sales in the region totalled 5,708 in March 2021, a 126.1 per […]

Competition amongst home buyers is putting upward pressure on home prices 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 […]

In the first month of 2021, Metro Vancouver’s housing market continued the pattern set at the end of last year with home sale activity outpacing the supply of homes listed for sale.   The Real Estate Board of Greater Vancouver (REBGV) reports that residential home sales in the region totalled 2,389 in January 2021, a […]

Jan 5, 2021 – Strong December activity brought Metro Vancouver’s 2020 home sales total in line with the region’s long-term annual average.   The Real Estate Board of Greater Vancouver (REBGV) reports that residential home sales in the region totalled 30,944 in 2020, a 22.1 per cent increase from the 25,351 sales recorded in 2019, […]

  “Home buyer demand has been at near record levels in our region since the summer … putting upward pressure on home prices, particularly in our detached and townhome markets. The total number of homes for sale in Metro Vancouver is lagging behind the pace of demand right now. This trend favours home sellers in […]

Home Sales & Prices Climb in September Real Estate Board of Greater Vancouver chair describes the Vancouver housing market as “robust” with September home sales hitting a historic 10-year high.   “This increased activity can be attributed, in part, to lower interest rates and changing housing needs during the COVID-19 pandemic.”   Buyers are seeking […]

  Home buyer and seller activity in Metro Vancouver exceeded historical levels in July The Real Estate Board of Greater Vancouver (REBGV) reports that residential home sales in the region totalled 3,128 in July 2020, a 22.3 per cent increase from the 2,557 sales recorded in July 2019, and a 28 per cent increase from […]

Home sales activity rose 65% compared to previous month of May 2020, while home prices experienced minimal change.    The benchmark price for all Metro Vancouver homes that sold in June was $1,025,300, which was down 0.3% from May but up 3.5% from the same month a year ago: DETACHED home prices rose 0.5% compared […]

Buyers and Sellers are growing comfortable and adapting to the new real estate market norm: no open houses, virtual tours to showcase properties, COVID waivers and safety protocols for showings. Metro Vancouver saw a 37% decrease in homes listed for sale compared to a year ago May 2019, but a 59% increase compared to the […]

Due to physical distancing measures and economic uncertainty, April home sales volume dropped 56% compared to the previous month March 2020. However, home sales prices have so far remained fairly steady since the COVID-19 situation worsened in March. Sellers are currently taking advantage of the relatively low spring inventory which means less competition, while Buyers […]