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MS REBGV April 2019 Statistics

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

  Decreased demand continues to allow the supply of homes for sale to accumulate across the Metro Vancouver* housing market.The Real Estate Board of Greater Vancouver (REBGV) reports that residential home sales in the region totalled 1,829 in April 2019, a 29.1 per cent decrease from the 2,579 sales recorded in April 2018, and a 5.9 per cent increase from the 1,727 homes sold in March 2019.Last month’s sales were 43.1 per cent below the 10-year April sales average. “Government policy continues to hinder home sale activity. The federal government’s mortgage stress test has reduced buyers’ purchasing power by…

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

    Metro Vancouver homes sales down across all property types Home buyer demand remains below long-term historical averages in the Metro Vancouver housing market. The Real Estate Board of Greater Vancouver (REBGV) reports that residential home sales totalled 1,608 in the region in November 2018, a 42.5 per cent decrease from the 2,795 sales recorded in November 2017, and an 18.2 per cent decrease compared to October 2018 when 1,966 homes sold. Last month’s sales were 34.7 per cent below the 10-year November sales average and was the lowest sales for the month since 2008. “Home buyers have…

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

   Home sale activity across Metro Vancouver* remained below long-term historical averages in October. The Real Estate Board of Greater Vancouver (REBGV) reports that residential home sales in the region totalled 1,966 in October 2018, a 34.9 per cent decrease from the 3,022 sales recorded in October 2017, and a 23.3 per cent increase compared to September 2018 when 1,595 homes sold. Last month’s sales were 26.8 per cent below the 10-year October sales average. “The supply of homes for sale today is beginning to return to levels that we haven’t seen in our market in about four years,”…

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More Supply And Less Demand Seen Across Metro Vancouver Housing Market

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

  More supply and less demand seen across Metro Vancouver housing market The supply of homes for sale continued to increase across the Metro Vancouver* housing market in September while home buyer demand remained below typical levels for this time of year. The Real Estate Board of Greater Vancouver (REBGV) reports that residential property sales in the region totalled 1,595 in September 2018, a 43.5 percent decrease from the 2,821 sales recorded in September 2017, and a 17.3 percent decrease compared to August 2018 when 1,929 homes sold. Last month’s sales were 36.1 percent below the 10-year September sales…

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Home Buyer Demand Stays Below Historical Averages In August

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

    Home buyer demand stays below historical averages in August The Metro Vancouver* housing market continues to experience reduced demand across all housing types. The Real Estate Board of Greater Vancouver (REBGV) reports that residential home sales in the region totalled 1,929 in August 2018, a 36.6 per cent decrease from the 3,043 sales recorded in August 2017, and a 6.8 per cent decline compared to July 2018 when 2,070 homes sold. Last month’s sales were 25.2 per cent below the 10-year August sales average. “Home buyers have been less active in recent months and we’re beginning to…

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