Market Updates

June 12, 2024

Vancouver Real Estate Market Report - June 2024

 

View More
Posted in Market Updates
Feb. 2, 2021

Home buyer demand depends on property type

Attached and apartment homes are in demand across Metro Vancouver* while detached home buyers are facing less competition today.

The Real Estate Board of Greater Vancouver (REBGV) reports that residential home sales in the region totalled 1,818 in January 2018, a 19.4 per cent increase from the 1 …

View More
Posted in Market Updates
Jan. 9, 2018

Steady Sales and Diminished Listings Characterize 2017 for the Metro Vancouver Housing Market

After reaching record levels in 2015 and 2016, Metro Vancouver home sales returned to more historically normal levels in 2017. Home listings, on the other hand, came in several thousand units below typical activity.

The Real Estate Board of Greater Vancouver (REBGV) reports that sales of detached, attached and apartment …

View More
Posted in Market Updates
July 31, 2017

Curious About Local Real Estate?

Receive the Latest Local Market Stats

Curious about local real estate? So are we! Every month we review trends in our real estate market and consider the number of homes on the market in each price tier, the amount of time particular homes have been listed for sale, specific neighborhood …

View More
Posted in Market Updates
July 13, 2017

Demand for condominiums continues to outstrip supply

The Real Estate Board of Greater Vancouver (REBGV) reports that residential property sales in the region totalled 3,893 in June 2017, an 11.5 per cent decrease from the 4,400 sales recorded in June 2016, an all-time record, and a decrease of 10.8 per cent compared to May 2017 …

View More
Posted in Market Updates
June 13, 2017

Market activity picks up in May

Home buyer activity returned to near record levels across the Metro Vancouver* housing market in May.

Residential property sales in the region totalled 4,364 in May 2017, a decrease of 8.5 per cent from the 4,769 sales in May 2016, an all-time record, and an increase of 22.8 …

View More
Posted in Market Updates
June 1, 2017

WHAT IS THE REAL VALUE OF YOUR HOME?

 

FIND OUT HOW MUCH YOUR HOME IS WORTH

The only real value of your home is what a buyer and a seller shake hands on. But if you're selling or buying a home or paying taxes on one, you need a realistic dollar figure to work from.

And  …

View More
Posted in Market Updates
May 10, 2017

Condominiums and townhomes in high demand across Metro Vancouver

Residential property sales in the region totalled 3,553 in April 2017, a 25.7 per cent decline compared to April 2016 when 4,781 homes sold and a 0.7 per cent decrease from the 3,579 sales recorded in March 2017.

April sales were 4.8 per cent …

View More
Posted in Market Updates
May 3, 2017

Vancouver Not at Risk of Housing Crash: RBC

A crash in the Vancouver real estate market is “unlikely, given still-solid economic underpinnings,” according to a national housing report released by RBC April 24.

Although it identified affordability “stress” as a key risk factor in the Vancouver housing market, and despite a “small improvement… mostly in the single …

View More
Posted in Market Updates
May 1, 2017

HOW MUCH DEPOSIT SHOULD I PUT DOWN ON A PRESALE DEVELOPMENT?

The question about deposits and what is standard is one that often comes up when considering buying a presale home.

Most presale new homes require a total deposit of 15–20% of the purchase price. However, some developers offer limited opportunities to buy with a 5% or 10% deposit, particularly if it is …

View More
Posted in Market Updates