May Market Update

Posted on Jun 04, 2024

The number of transactions on the Multiple Listing Service® (MLS®) declined in May compared to what is typical for this time of year in Metro Vancouver. This shift has allowed the inventory of homes available for sale to continue to accumulate with over 13,000 homes now actively listed on the MLS® in the region. 
The Greater Vancouver REALTORS® (GVR...

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Increased seller activity is giving buyers more choice this spring

Posted on Apr 28, 2024

The number of Metro Vancouver1 homes listed for sale on the MLS® rose nearly 23 per cent year-over-year, providing more opportunity for buyers looking for a home this spring. 

The Greater Vancouver REALTORS® (GVR)2 reports that residential sales3 in the region totalled 2,415 in March 2024, a 4.7 per cent decrease from the 2,535 sales recorded in Mar...

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New Zoning Rules Coming to BC

Posted on Apr 19, 2024

The Province is introducing new housing legislation to deliver more small-scale, multi-unit housing for people, including townhomes, triplexes and laneway homes, and fix outdated zoning rules to help build more homes faster.

“Anyone looking for a place to live in a community they love knows how hard it is – and outdated zoning rules are making that...

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March Market Update

Posted on Mar 25, 2024

Home sellers awaken this spring, bringing much-needed inventory to the housing market

While Metro Vancouver home sellers appeared somewhat hesitant in January, new listings rose 31 per cent year-over-year in February, bringing a significant number of newly listed properties to the market. 

Greater Vancouver REALTORS® (GVR) reports that residential sa...

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January Market Update

Posted on Feb 06, 2024

Home sales across Metro Vancouver’s housing market off to strong start in 2024 

While the Metro Vancouver market ended 2023 in balanced market territory, conditions in January began shifting back in favour of sellers as the pace of newly listed properties did not keep up with the jump in home sales. 

The Real Estate Board of Greater Vancouver (REBGV...

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2023 Market Update

Posted on Jan 04, 2024

Metro Vancouver housing market shows resilience in 2023, ending the year in balanced territory 

Metro Vancouver’s housing market closed out 2023 with balanced market conditions, but the year-end totals mask a story of surprising resilience in the face of the highest borrowing costs seen in over a decade. 

The Real Estate Board of Greater Vancouver (R...

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