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Metro Vancouver Home Sales Decline Below Historical Averages In 2018

December 2018 Real Estate Board of Greater Vancouver Statistics Package with Charts & Graphs

    Metro Vancouver home sales in 2018 were the lowest annual total in the region since 2000. The Real Estate Board of Greater Vancouver (REBGV) reports that sales of detached, attached and apartment properties reached 24,619 on the Multiple Listing Service® (MLS®) in 2018, a 31.6 per cent decrease from the 35,993 sales recorded in 2017, and a 38.4 per cent decrease compared to the 39,943 residential sales in 2016. Last year’s sales total was 25 per cent below the region’s 10-year sales average. “This past year has been a transition period for the Metro Vancouver housing market…

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