Market Update

Canadian Housing Starts (November)

Posted on Dec 09, 2019 in Market Update

BC Housing Starts - November 2019Canadian housing starts decreased by 0.3% in November to 201,318 units at a seasonally adjusted annual rate (SAAR). The trend in national housing starts continues to be healthy, averaging about 219,000 units SAAR over the past six months. 

In BC, housing starts rose by 41% on a monthly basis to 48,840 units SAAR, largely due to a 59% increase in cons...

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November Vancouver Real Estate Statistics

Posted on Dec 03, 2019 in Market Update

Vancouver - November Real Estate StatisticsMetro Vancouver home sales return to historically typical levels


After a quieter first half of 2019, home buyer activity has returned to more historically typical levels in Metro Vancouver*.

The Real Estate Board of Greater Vancouver (REBGV) reports that residential home sales in the region totalled 2,498 in November 2019, a 55.3 per cent increase fr...

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Home Sales Continue Normalization Trend in October

Posted on Nov 13, 2019 in Market Update

The British Columbia Real Estate Association (BCREA) reports that a total of 7,666 residential unit sales were recorded by the Multiple Listing Service® (MLS®) in October, an increase of 19.3 per cent from the same month last year. The average MLS® residential price in the province was $724,045, an increase of 5.1 per cent from October 2018. Total...

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BC Homes Sales Carry Momentum into 2020

Posted on Nov 06, 2019 in Market Update

BCREA 2019 Fourth Quarter Housing Forecast


Vancouver, BC – November 6, 2019. The British Columbia Real Estate Association (BCREA) released its 2019 Fourth Quarter Housing Forecast today.

Multiple Listing Service® (MLS®) residential sales in the province are forecast to decline 1.8 per cent to about 77,100 units this year, after recording 78,505 resid...

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Vancovuer Real Estate Statistics - October 2019

Posted on Nov 04, 2019 in Market Update

October Vancouver Real Estate StatisticsHome buyer activity increases in October.


The Metro Vancouver housing market is experiencing a fall pickup in home sale activity.

The Real Estate Board of Greater Vancouver (REBGV) reports that residential home sales in the region totalled 2,858 in October 2019, a 45.4 per cent increase from the 1,966 sales recorded in October 2018, and a 22.5 per ce...

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Real Estate Statistics - September 2019

Posted on Oct 02, 2019 in Market Update

September 2019 - Real Estate StatisticsIncreased demand helps housing market reach balanced territory


Home buyer demand has returned to more historically typical levels in Metro Vancouver over the last three months.

The Real Estate Board of Greater Vancouver (REBGV) reports that residential home sales in the region totalled 2,333 in September 2019, a 46.3 per cent increase from the 1,595...

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