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Aug 21 REBGV Graph

August 2021 Real Estate Board Of Greater Vancouver Statistics Package With Charts & Graphs

https://youtu.be/ZM3Q-VtB-nI Summer sees home listing supply decline across Metro Vancouver VANCOUVER, BC – September 2, 2021 – While home buyers have remained active in Metro Vancouver* throughout the summer, the supply of homes for sale has declined steadily since June.   The Real Estate Board of Greater Vancouver (REBGV) reports that residential home sales in the region totalled 3,152 in August 2021, a 3.4 per cent increase from the 3,047 sales recorded in August 2020, and a 5.2 per cent decrease from the 3,326 homes sold in July 2021.   Last month’s sales were 20.4 per cent above…

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July-21 REBGV Stats Graph

July 2021 Real Estate Board Of Greater Vancouver Statistics Package With Charts & Graphs

https://youtu.be/5G_94dWVdZ8 Steady sales, reduced listings and virtually unchanged home prices in July VANCOUVER, BC – August 4, 2021 – Metro Vancouver’s* housing market saw more moderate sales, listings and pricing trends in July compared to the heightened activity experienced throughout much of the pandemic. The Real Estate Board of Greater Vancouver (REBGV) reports that residential home sales in the region totalled 3,326 in July 2021, a 6.3 per cent increase from the 3,128 sales recorded in July 2020, and an 11.6 per cent decrease from the 3,762 homes sold in June 2021. Last month’s sales were 13.3 per cent…

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June 21 REBGV Stats Graph

June 2021 Real Estate Board Of Greater Vancouver Statistics Package With Charts & Graphs

Metro Vancouver’s housing market sets a steady, calmer pace to begin the summer season VANCOUVER, BC – July 5, 2021 – While still elevated, home sale and listing activity in Metro Vancouver* has eased back from the record-setting pace seen in March and April of this year. The Real Estate Board of Greater Vancouver (REBGV) reports that residential home sales in the region totalled 3,762 in June 2021, a 54 per cent increase from the 2,443 sales recorded in June 2020, and an 11.9 per cent decrease from the 4,268 homes sold in May 2021. Last month’s sales were…

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REBGV May-21 Stats

May 2021 Real Estate Board Of Greater Vancouver Statistics Package With Charts & Graphs

https://youtu.be/PyiI9SL6B3Y   Home sale and listing activity in Metro Vancouver moves off of its record-breaking pace VANCOUVER, BC – June 2, 2021 – The Metro Vancouver* housing market saw steady home sale and listing activity in May, a shift back from the record-breaking activity seen in the earlier spring months. The Real Estate Board of Greater Vancouver (REBGV) reports that residential home sales in the region totalled 4,268 in May 2021, a 187.4 per cent increase from the 1,485 sales recorded in May 2020, and a 13 per cent decrease from the 4,908 homes sold in April 2021. Last…

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Real Estate Outlook Vancouver 2021 – January Webinar

https://youtu.be/D3eh6Zo3y3w   Forecast Real estate There are two camps for the 2021 forecast: the bulls and the bears. For the bulls, CREA says we should go up by 9.1%, RE/MAX says 4-6%, and Royal LePage says 5.5%. These estimates are based on different housing trend factors. The bears are pessimistic: RBC and Scotiabank think it will be flat, Fitch Ratings believes we’ll decline by 3-5%, and CMHC thinks it will be 9-18%. This was also their stance for the prior year, which they were wrong about.  All of this to tell you that it’s confusing! First off, these stats are…

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Real Estate Outlook Vancouver 2021 – May Webinar

https://youtu.be/dHt9e5Frbic Vancouver Market Update: May Market update April 2021 listings were 342% higher than the same month last year, but there was also a 14% decrease in homes sold from the prior month.  When the sales-active listing ratio is below 12%, analysts believe prices will trend downward. When the ratio is above 20%, prices should trend up. Here’s where we’re at: Prices were viciously going up, but if you look at April, the numbers significantly dropped: What are the reasons these numbers have gone down from March to April? We’re seeing an expansion in supply that’s normal when there’s a…

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REBGV April-21 Stats Graph

April 2021 Real Estate Board Of Greater Vancouver Statistics Package With Charts & Graphs

Supply response emerges in Metro Vancouver’s active housing market VANCOUVER, BC – May 4, 2021 – Home sellers have become increasingly active in Metro Vancouver’s* housing market this spring in response to heightened demand and rising home values that have materialized during the pandemic. The Real Estate Board of Greater Vancouver (REBGV) reports that residential home sales in the region totalled 4,908 in April 2021, a 342.6 per cent increase from the 1,109 sales recorded in April 2020, and a 14 per cent decrease from the 5,708 homes sold in March 2021. Last month’s sales were 56.2 per cent…

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‘Hot Areas to Invest in Vancouver’ April Webinar

https://youtu.be/rwCPW92N1HI Hot Areas to Invest in Vancouver April 8, 2021 Christian Dy, Latitude West Financial Mike Stewart, Oakwyn Realty Downtown Top producing realtor since 2005 vancouvernewcondos.com or mikestewart.ca Market update March 2021 listings were significantly up 126% from the same month last year. The number of transactions last March were super low because of COVID when things started to shut down, so it’s a low baseline. But, the report says that in March, residents bought and listed across the region at levels not seen before. It’s a huge increase because of the amount of stimulus going into the market, and…

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March 21 REBGV Graph

March 2021 Real Estate Board Of Greater Vancouver Statistics Package With Charts & Graphs

March home sales and new listings set records in Metro Vancouver VANCOUVER, BC – April 2, 2021 – 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 cent increase from the 2,524 sales recorded in March 2020, and a 53.2 per cent increase from the 3,727 homes sold in February 2021. Last month’s sales were 72.2 per cent above the 10-year March sales average and is the highest monthly sales…

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February 2021 REBGV Graph

February 2021 Real Estate Board Of Greater Vancouver Statistics Package With Charts & Graphs

Home buyer competition intensifies across Metro Vancouver’s housing market VANCOUVER, BC – March 2, 2021 – 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 increase from the 2,389 homes sold in January 2021. Last month’s sales were 42.8 per cent above the 10-year February sales average. “Metro Vancouver’s housing market is…

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‘Hot Areas to Invest in Vancouver’ February Webinar

https://youtu.be/76HhB0zTv70   Hot Areas to Invest in Vancouver February 11, 2021 Christian Dy, Latitude West Financial Mike Stewart, Oakwyn Realty Downtown Top producing realtor since 2005 vancouvernewcondos.com or mikestewart.ca Market update January 2021 listings were up 86% from December, one month prior. This is 15.7% higher than in January 2020, so the year will be busy and we’re already off and running strongly. Analysts predict sales prices trend downwards when the Sales to Listings ratio is below 12%. When this ratio is above 20%, sales prices will likely trend upward. November 2020: we had detached homes at 27.9%, townhomes at…

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