Metro Vancouver Stats Centre Report Vancouver West Stats Centre Report Vancouver East Stats Centre Report
https://youtu.be/cNywIbkHTsk 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 in the region totalled 1,887 in July 2022, a 43.3 per cent decrease from the 3,326 sales recorded in July 2021, and a 22.8 per cent decrease from the 2,444 homes sold in June 2022. Last month’s sales were 35.2 per cent below…
High Mortgage Rates Keeping Potential Buyers Sidelined Vancouver, BC – July 12, 2022. The British Columbia Real Estate Association (BCREA) reports that a total of 7,136 residential unit sales were recorded by the Multiple Listing Service® (MLS®) in June 2022, a decrease of 35.7 per cent from June 2021. The average MLS® residential price in BC was $951,105, a 4.6 per cent increase from $909,657 recorded in June 2021. Total sales dollar volume was $6.8 billion, a 32.8 per cent decline from the same time last year. “While a still growing economy and robust population growth point to strong demand, it is…
https://youtu.be/2J3DcZ-Nu_8 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 home sales in the region totalled 2,444 in June 2022, a 35 per cent decrease from the 3,762 sales recorded in June 2021, and a 16.2 per cent decrease from the 2,918 homes sold in May 2022. Last month’s sales were 23.3…
https://youtu.be/up5dvG60Oro I've been a realtor since 2005 and work with a network of realtors across BC. We basically help buyers and sellers in terms of assignments, but we help investors and owner-occupiers buy pre-sale and pre-construction properties. We also do resale buying and selling, but we do a lot of pre-sales - in 2021 I think we did close to about 500 transactions, so quite a bit of business. Jump to: Previous Vancouver Presale Housing Market Current State of the Presale Market in Vancouver Forecasting What is Next for Vancouver's Presale Market Benefits of Buying a Presale Home in…
Spring ushers in calmer housing market trends in Metro Vancouver VANCOUVER, BC – June 2, 2022 – After reaching record-setting levels in 2021, home sale activity has returned to more typical seasonal levels in Metro Vancouver* this spring due, in large part, to rising interest rates. The Real Estate Board of Greater Vancouver (REBGV) reports that residential home sales in the region totalled 2,918 in May 2022, a 31.6 per cent decrease from the 4,268 sales recorded in May 2021, and a 9.7 per cent decrease from the 3,232 homes sold in April 2022. Last month’s sales were 12.9…
https://youtu.be/B9t5uXsiDCY Metro Vancouver home sales return to more traditional levels in April VANCOUVER, BC – May 3, 2022 – Home buyer demand in Metro Vancouver* returned to more historically typical levels in April. T The Real Estate Board of Greater Vancouver (REBGV) reports that residential home sales in the region totalled 3,232 in April 2022, a 34.1 per cent decrease from the 4,908 sales recorded in April 2021, and a 25.6 per cent decrease from the 4,344 homes sold in March 2022. Last month’s sales were 1.5 per cent above the 10-year April sales average. “So far this spring,…
Strong First Quarter for BC Housing Markets, But Rising Rates Loom Large Vancouver, BC – April 12, 2022. The British Columbia Real Estate Association (BCREA) reports that a total of 11,463 residential unit sales were recorded by the Multiple Listing Service® (MLS®) in March 2022, a decrease of 24.1 per cent from a record March 2021. The average MLS® residential price in BC was $1.096 million, a 15.7 per cent increase from $946,813 recorded in March 2021. Total sales dollar volume was $12.6 billion, a 12.1 per cent decline from the same time last year. “Home sales in the province continue…
Calmer than last spring’s record pace, Metro Vancouver home buyer demand remains elevated VANCOUVER, BC – April 4, 2022 – While down from last year’s record numbers, home sale activity in Metro Vancouver’s* housing market remained elevated in March. The Real Estate Board of Greater Vancouver (REBGV) reports that residential home sales in the region totalled 4,344 in March 2022, a 23.9 per cent decrease from the 5,708 sales recorded in March 2021, and a 26.9 per cent increase from the 3,424 homes sold in February 2022. Last month’s sales were 25.5 per cent above the 10-year March sales…
Sales Activity Remains Strong Heading Into Spring Vancouver, BC – March 14, 2022. The British Columbia Real Estate Association (BCREA) reports that a total of 8,902 residential unit sales were recorded by the Multiple Listing Service® (MLS®) in February 2022, a decrease of 18.8 per cent from February 2021. The average MLS® residential price in BC was $1.109 million, a 24.9 per cent increase from $887,866 recorded in February 2021. Total sales dollar volume was $9.9 billion, a 1.5 per cent increase from the same time last year. “While sales are not keeping pace with the unprecedented level of activity we…
Listings inch up, demand remains steady and price gains continue in Metro Vancouver’s housing market in February VANCOUVER, BC – March 2, 2022 – The Metro Vancouver* housing market saw steady home sales activity, modest increases in home listings and continued upward trends in pricing in February. The Real Estate Board of Greater Vancouver (REBGV) reports that residential home sales in the region totalled 3,424 in February 2022, an 8.1 per cent decrease from the 3,727 sales recorded in February 2021, and a 49.8 per cent increase from the 2,285 homes sold in January 2022. Last month’s sales were…
https://youtu.be/QWfAcxZtnX4 Low supply keeps upward pressure on home prices across Metro Vancouver’s housing market VANCOUVER, BC – February 2, 2022 – The first month of 2022 saw home sales come down from last year’s record-setting pace, while low supply continued to cause home prices to edge higher across Metro Vancouver*. The Real Estate Board of Greater Vancouver (REBGV) reports that residential home sales in the region totalled 2,285 in January 2022, a 4.4 per cent decrease from the 2,389 sales recorded in January 2021, and a 15 per cent decrease from the 2,688 homes sold in December 2021. Last…