Vancouver Real Estate Statistics - December 2021
Posted on Jan 05, 2022 in Market Update
Metro Vancouver home sales reached an all-time high in 2021 as housing needs remained a top priority for residents in the second year of the COVID-19 pandemic.
Greater Vancouver Real Estate Statistics - November 2021
Posted on Dec 02, 2021 in Market Update
Home sales activity remains up, listings down across Metro Vancouver’s housing market
As we near the end of 2021, home buyer demand remains well in excess of long-term averages and the supply of homes for sale continues to decline across Metro Vancouver’s housing market.
The Real Estate Board of Greater Vancouver (REBGV) reports that residential home...
Home Sales Surge in October
Posted on Nov 19, 2021 in Market Update
Today the Canadian Real Estate Association (CREA) released statistics showing national existing-home sales rose a whopping 8.6% in October, its most robust month-over-month pace since July 2020, when the first lockdown eased briefly. This was on the heels of a modest uptick in September--the first gain since March of this year. Sales were up month...
Vancouver Real Estate Statistics - October 2021
Posted on Nov 02, 2021 in Market Update
Metro Vancouver home buyers compete for fewer home listings in October
Home sale activity in Metro Vancouver remained above historical averages in October while the overall supply of homes for sale dipped to levels not seen in three years.The Real Estate Board of Greater Vancouver (REBGV) reports that residential home sales in the region totalled 3...
Strong Market Activity to Continue in 2022
Posted on Oct 28, 2021 in Market Update
BCREA 2021 Fourth Quarter Housing Forecast
The British Columbia Real Estate Association (BCREA) released its 2021 Fourth Quarter Housing Forecast today.
Multiple Listing Service® (MLS®) residential sales in the province are forecast to rise 29 per cent to 121,450 units this year, after recording 94,013 sales in 2020. In 2022, MLS® residential sales a...
Record-Low Supply Keeps Market Conditions Tight in September
Posted on Oct 12, 2021 in Market Update
The British Columbia Real Estate Association (BCREA) reports that a total of 9,164 residential unit sales were recorded by the Multiple Listing Service® (MLS®) in September 2021, a decrease of 19.9 per cent from September 2020. The average MLS® residential price in BC was $913,471, a 14 per cent increase from $801,241 recorded in September 2020. To...