Blog

  Inventory reaches highest level since the pandemic summer of 2020 Actively listed homes for sale on the MLS® in Metro Vancouver1 continued climbing in April, up 42 per cent year-over-year, breaching the 12,000 mark, a number not seen in the region since the summer of 2020. Greater Vancouver REALTORS® (GVR)2 reports that residential sales3 in the region totalled 2,831 in April 2 ...

  Increased seller activity is giving buyers more choice this spring 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 ...

  Home sellers active, bring much-needed inventory to housing market Residential property sales in Metro Vancouver While Metro Vancouver1 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)2 reports that residential sal ...

Home sales across Metro Vancouver’s housing market off to strong start in 2024 Residential property sales in Metro Vancouver While the Metro Vancouver1 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 volume of home sales. The Real Estate Board of Greater Va ...

Housing market resilient in 2023, ends year in balanced territory Metro Vancouver’s1 housing market closed out in 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 (REBGV) reports that residential sales2 in the region totalled 26,24 ...

Balanced conditions come to the Metro Vancouver housing market for the holiday season With one month left in 2023, a steady increase in housing inventory is offering home buyers across Metro Vancouver 1 among the largest selection to choose from since 2021. The Real Estate Board of Greater Vancouver (REBGV) reports that residential sales 2 in the region totalled 1,702 in November 2023 ...

Metro Vancouver housing market holds steady in October   An increase in newly listed properties is providing more choice to home buyers across Metro Vancouver1, but sales remain below long-term averages. The Real Estate Board of Greater Vancouver (REBGV) reports that residential sales2 in the region totalled 1,996 in October 2023, a 3.7 per cent increase from the 1,924 sales recorded i ...

As inventory increases, price gains relent to begin the fall season   The month-over-month price gains seen earlier this year abated in the Metro Vancouver1 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 sales2 in the region total ...

Seasonal slowdown brings price stability to Metro Vancouver   As summer winds to a close, higher borrowing costs have begun to permeate the Metro Vancouver housing market in predictable ways, with price gains cooling and sales slowing along the typical seasonal pattern. The Real Estate Board of Greater Vancouver (REBGV) reports that residential home sales in the region totalled 2,296 i ...

Strong sales push Metro Vancouver home prices past July rate hike   Home prices across all home types in Metro Vancouver1 rose again in July, as strong sales figures continue to push up against low levels of housing inventory in the region. The Real Estate Board of Greater Vancouver (REBGV) reports that residential home sales2 in the region totalled 2,455 in July 2023, a 28.9 per cent ...