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Market Highlights March 2019

March 2019 Real Estate Board of Greater Vancouver Statistics Package with Charts & Graphs

   Metro Vancouver* home sales dipped to the lowest levels seen in March in more than three decades. The Real Estate Board of Greater Vancouver (REBGV) reports that residential home sales in the region totalled 1,727 in March 2019, a 31.4 per cent decrease from the 2,517 sales recorded in March 2018, and a 16.4 per cent increase from the 1,484 homes sold in February 2019. Last month’s sales were 46.3 per cent below the 10-year March sales average and was the lowest total for the month since 1986. "Housing demand today isn’t aligning with our growing economy and…

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MS REBGV Housing Market

February 2019 Real Estate Board of Greater Vancouver Statistics Package with Charts & Graphs

     The Metro Vancouver* housing market saw increased supply from home sellers and below average demand from home buyers in February. The Real Estate Board of Greater Vancouver (REBGV) reports that residential home sales in the region totalled 1,484 in February 2019, a 32.8 per cent decrease from the 2,207 sales recorded in February 2018, and a 34.5 per cent increase from the 1,103 homes sold in January 2019. Last month’s sales were 42.5 per cent below the 10-year February sales average. "For much of the past four years, we’ve been in a sellers’ market. Conditions have shifted…

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Vancouver January 2019 Housing Market

January 2019 Real Estate Board of Greater Vancouver Statistics Package with Charts & Graphs

  Home listings increase while buyers remain in holding pattern Home listings continue to increase across all housing categories in the Metro Vancouver housing market while home buyer activity remains below historical averages. The Real Estate Board of Greater Vancouver (REBGV) reports that residential home sales in the region totalled 1,103 in January 2019, a 39.3 per cent decrease from the 1,818 sales recorded in January 2018, and a 2.9 per cent increase from the 1,072 homes sold in December 2018. Last month’s sales were 36.3 per cent below the 10-year January sales average and were the lowest January-sales…

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