REBGV Market Stats - March 2024
April 9th, 2024, Derek Vanderkooy
Posted in Market Stats ,
Increased seller activity is giving buyers more choice this spring
The number of Metro Vancouver1 homes listed for sale on the MLS® rose nearly 23 per cent year-over-year, providing more opportunity for buyers looking for a home this spring.
The Greater Vancouver REALTORS® (GVR)2 reports that residential sales3 in the region totalled 2,415 in March 2024, a 4.7 per cent decrease ...
REBGV Market Stats - February 2024
March 12th, 2024, Derek Vanderkooy
Posted in Market Stats ,
Home sellers active, bring much-needed inventory to housing market
Residential property sales in Metro Vancouver
While Metro Vancouver1 home sellers appeared somewhat hesitant in January, new listings rose 31 per cent year-over-year in February, bringing a significant number of newly listed properties to the market.
Greater Vancouver REALTORS® (GVR)2 reports that residential sal ...
REBGV Market Stats - January 2024
February 29th, 2024, Derek Vanderkooy
Posted in Market Stats ,
Home sales across Metro Vancouver’s housing market off to strong start in 2024
Residential property sales in Metro Vancouver
While the Metro Vancouver1 market ended 2023 in balanced market territory, conditions in January began shifting back in favour of sellers as the pace of newly listed properties did not keep up with the volume of home sales.
The Real Estate Board of Greater Va ...
REBGV Market Stats - December 2023
January 15th, 2024, Derek Vanderkooy
Posted in Market Stats ,
Housing market resilient in 2023, ends year in balanced territory
Metro Vancouver’s1 housing market closed out in 2023 with balanced market conditions, but the year-end totals mask a story of surprising resilience in the face of the highest borrowing costs seen in over a decade.
The Real Estate Board of Greater Vancouver (REBGV) reports that residential sales2 in the region totalled 26,24 ...
REBGV Market Stats - November 2023
December 6th, 2023, Derek Vanderkooy
Posted in Market Stats ,
Balanced conditions come to the Metro Vancouver housing market for the holiday season
With one month left in 2023, a steady increase in housing inventory is offering home buyers across Metro Vancouver 1 among the largest selection to choose from since 2021.
The Real Estate Board of Greater Vancouver (REBGV) reports that residential sales 2 in the region totalled 1,702 in November 2023 ...
REBGV Market Stats - October 2023
November 2nd, 2023, Derek Vanderkooy
Posted in Market Stats ,
Metro Vancouver housing market holds steady in October
An increase in newly listed properties is providing more choice to home buyers across Metro Vancouver1, but sales remain below long-term averages.
The Real Estate Board of Greater Vancouver (REBGV) reports that residential sales2 in the region totalled 1,996 in October 2023, a 3.7 per cent increase from the 1,924 sales recorded i ...
REBGV Market Stats - September 2023
October 9th, 2023, Derek Vanderkooy
Posted in Market Stats ,
As inventory increases, price gains relent to begin the fall season
The month-over-month price gains seen earlier this year abated in the Metro Vancouver1 housing market in September due to a seasonal decline in sales and a modest increase in inventory levels across the region.
The Real Estate Board of Greater Vancouver (REBGV) reports that residential home sales2 in the region total ...
REBGV Market Stats - August 2023
September 5th, 2023, Derek Vanderkooy
Posted in Market Stats ,
Seasonal slowdown brings price stability to Metro Vancouver
As summer winds to a close, higher borrowing costs have begun to permeate the Metro Vancouver housing market in predictable ways, with price gains cooling and sales slowing along the typical seasonal pattern.
The Real Estate Board of Greater Vancouver (REBGV) reports that residential home sales in the region totalled 2,296 i ...
REBGV Market Stats - July 2023
August 2nd, 2023, Derek Vanderkooy
Posted in Market Stats ,
Strong sales push Metro Vancouver home prices past July rate hike
Home prices across all home types in Metro Vancouver1 rose again in July, as strong sales figures continue to push up against low levels of housing inventory in the region.
The Real Estate Board of Greater Vancouver (REBGV) reports that residential home sales2 in the region totalled 2,455 in July 2023, a 28.9 per cent ...
REBGV Market Stats - June 2023
July 6th, 2023, Derek Vanderkooy
Posted in Market Stats ,
Home prices continue to rise in housing market to kick off summer
Continuing the trend that has emerged in the housing market this year, the benchmark price for all home types in Metro Vancouver1 increased in June as home buyer demand butted up against a limited inventory of homes for sale in the region.
The Real Estate Board of Greater Vancouver (REBGV) reports that residential home ...