Reduced demand and increased supply remain the trend .
Posted on May 02, 2019
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...
Prospective home buyers remain on the sidelines in March
Posted on Apr 02, 2019
Prospective home buyers remain on the sidelines in MarchMetro 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 201...
Housing market conditions continue to favour home buyers
Posted on Mar 04, 2019
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...
Home listings increase while buyers remain in holding pattern
Posted on Feb 04, 2019
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 totaled 1,103 in January 2019, a 39.3 per cent decrease from the 1,818 sales recorded...
Metro Vancouver home sales decline below historical averages in 2018
Posted on Jan 03, 2019
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...
Metro Vancouver homes sales down across all property types
Posted on Dec 04, 2018
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 O...