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Recent Blog Entries

Rising mortgage rates brought uncertainty and caution to Metro Vancouver’s housing market in 2022 



After seeing record sales and prices during the pandemic, Metro Vancouver’s* housing market experienced a year of caution in 2022 due to rising borrowing costs fueled by the Bank of Canada’s ongoing battle with inflation. The Real Estate Board of Greater Vancouver (REBGV) reports that residential home sales in the region totalled 28,903 in 2022, a...

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While typically a quiet month of market activity based on seasonal patterns, November home sale and listing totals lagged below the region’s long-term averages.



The Real Estate Board of Greater Vancouver (REBGV) reports that residential home sales in the region totalled 1,614 in November 2022, a 52.9 per cent decrease from the 3,428 sales recorded in November 2021, and a 15.2 per cent decrease from the 1,903 homes sold in October 2022.Last month’s sales were 36.9 per cent below the 10-year November sales a...

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Inflation, rising interest rates create caution across Metro Vancouver’s housing market




Home sale activity across the Metro Vancouver housing market continued to trend well below historical averages in October.The Real Estate Board of Greater Vancouver (REBGV) reports that residential home sales in the region totalled 1,903 in October 2022, a 45.5 per cent decrease from the 3,494 sales recorded in October 2021, and a 12.8 per cent inc...

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Get In Touch

Jennifer McIver and Leanne Lionello

Remax Progroup Realty

5360 12th Avenue  Delta,  BC  V4M2B3 

Mobile: Jennifer: 778-788-5078, Leanne: 604-209-5294

jennifer@jennifermciver.com, leanne@leannelionello.com