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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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October Market Update

Posted on Nov 22, 2023

Metro Vancouver housing market holds steady in October

 An increase in newly listed properties is providing more choice to home buyers across Metro Vancouver, but sales remain below long-term averages. 

The Real Estate Board of Greater Vancouver (REBGV) reports that residential sales in the region totalled 1,996 in October 2023, a 3.7 per cent increa...

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As inventory increases, price gains relent in Metro Vancouver to begin the fall season

Posted on Oct 18, 2023

The month-over-month price gains seen earlier this year abated in the Metro Vancouver housing market in September due to a seasonal decline in sales and a modest increase in inventory levels across the region. 
 
The Real Estate Board of Greater Vancouver (REBGV) reports that residential home sales in the region totalled 1,926 in September 2023, a 13...

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April Market Update

Posted on May 24, 2023

Prices continue rising across Metro Vancouver as home buyer confidence returns 

With listing activity remaining below historical norms, home sales in Metro Vancouver have mounted a surprising comeback, rising near levels seen last spring, before eight consecutive interest rate hikes eroded borrowing power and brought home sales activity down along w...

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