Market Update

Record September for BC Housing Markets

Posted on Oct 14, 2020 in Market Update

Pent up demand - Vancouver Real EstateThe British Columbia Real Estate Association (BCREA) reports that a total of 11,368 residential unit sales were recorded by the Multiple Listing Service® (MLS®) in September 2020, an increase of 63.3 per cent from September 2019. The average MLS® residential price in BC set a monthly record of $803,210, a 15.3 per cent increase from $696,647 record...

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September 2020 - Vancouver Real Estate Statistics

Posted on Oct 02, 2020 in Market Update

September 2020 - Real Estate StatisticsMetro Vancouver home sales and listings surge in September

Home sale and new listing activity reached record levels in Metro Vancouver in September.

The Real Estate Board of Greater Vancouver (REBGV) reports that residential home sales in the region totalled 3,643 in September 2020, a 56.2 per cent increase from the 2,333 sales recorded in September...

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Vancouver Real Estate Update - August 2020

Posted on Sep 10, 2020 in Market Update


Hey Guys! It’s Adam Chahl here from the PLACE Real Estate Team and Oakwyn Realty Downtown and I’m excited for two reasons today. Number 1 - I get to bring you direct the August 2020 statistics from the Vancouver Real Estate board, and 2nd - this is the first Oakwyn.com blog post on those statistics, so what you’re going to see over the next while i...

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The Unusual World of Pandemic Economics - September 2020

Posted on Sep 09, 2020 in Market Update

Pandemic Real Estate Vancouver Economics

Summary Findings:
• This is not a typical recession
• This recession has not been felt uniformly across the economy; jobs in high-wage sectors have not been impacted as much as others
• Swift response from fiscal and monetary policy has helped to boost housing demand and temper financial vulnerability
• Social distancing to stem the spread of COVID-19...

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Greater Vancouver Real Estate Statistics - July 2020

Posted on Sep 02, 2020 in Market Update

Home Sales - July 2020Home sale and listing activity continues to increase in August


Home buyers and sellers remained active across Metro Vancouver in August, with home sale and new listing activity outpacing the region’s historical averages.

The Real Estate Board of Greater Vancouver (REBGV) reports that residential home sales in the region totalled 3,047 in August 2020...

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BCREA: Surprisingly Strong Recovery to Propel Housing Market in 2021

Posted on Aug 25, 2020 in Market Update

BCREA 2020 Third Quarter Housing Forecast Update


The British Columbia Real Estate Association (BCREA) released its 2020 Third Quarter Housing Forecast Update today.

Multiple Listing Service® (MLS®) residential sales in the province are forecast to rise 6.5 per cent to 82,380 units this year, after recording 77,351 residential sales in 2019. MLS® resi...

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