Market News

Home sales increase in July

Posted on Aug 02, 2019

Home buyer demand picked up across Metro Vancouver last month, making July, a traditionally quieter month in real estate, the second highest selling month so far this year.The Real Estate Board of Greater Vancouver (REBGV) reports that residential home sales in the region totalled 2,557 in July 2019, a 23.5 per cent increase from the 2,070 sales re...

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Housing supply up, home sales and prices down in June

Posted on Jul 03, 2019

July 3, 2019
With home buyer demand below long-term historical averages in June, the supply of homes for sale continued to accumulate in Metro Vancouver.The Real Estate Board of Greater Vancouver (REBGV) reports that residential home sales in the region totalled 2,077 in June 2019, a 14.4 per cent decrease from the 2,425 sales recorded in June 2018...

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Housing supply reaches 5 year high

Posted on Jun 04, 2019


Monthly Metro Vancouver home sales eclipsed 2,000 for the first time this year in May, although home buyer demand remains below historical averages.The Real Estate Board of Greater Vancouver (REBGV) reports that residential home sales in the region totalled 2,638 in May 2019, a 6.9 per cent decrease from the 2,833 sales recorded in May 2018, and a...

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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...

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Prospective home buyers remain on the sidelines in March

Posted on Apr 02, 2019

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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...

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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...

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