Metro Vancouver Seeing A Balanced Market
Posted on Dec 05, 2023 in Market Update
A steady increase in the number of homes that are entering the market is creating some housing inventory for buyers to select from. This is some of the largest selection that buyers have had to select from since 2021!
Sales of residential products for November totaled 1,702 as reported by the REBGV (Real Estate Board of Greater Vancouver). This is a...
As The Stock Of Homes Rises, Price Increases Ease Up In Metro Vancouver In Fall
Posted on Oct 19, 2023 in Market Update
The earlier monthly increases in prices observed in the Metro Vancouver housing market subsided in September. This shift was attributed to a seasonal decrease in sales and a slight uptick in inventory levels throughout the region.
According to the Real Estate Board of Greater Vancouver (REBGV), residential home sales reached 1,926 in September 2023...
Pricing Stability In Sight For Metro Vancouver
Posted on Sep 12, 2023 in Market Update
Sales of residential properties reached a total of 2,296 in August 2023 as reported by the Real Estate Board of Greater Vancouver (REBGV). This is a 21.4% increase from...
Rate Hikes Still Not Holding Back Prices Of Real Estate In Metro Vancouver
Posted on Aug 03, 2023 in Market Update
The Real Estate Board of Greater Vancouver has reported that there was a total of 2,455 homes sold in July, which is a 28.9% increase from July of last year and is 15.6% lower than the 10-year seasonal average.
“While...
Fierce Competition Among Buyers In The Metro Vancouver Housing Market
Posted on Jun 09, 2023 in Market Update
The total number of homes that sold in the region was 3,411 for May 2023. This is a 15.7% increase from May of last year and a 1.4% drop from the 10-year seasonal average.
“Back in January...
Rising Temperatures In Vancouver Match Rising Prices Of Housing
Posted on May 17, 2023 in Market Update
Due to the sheer lack of numbers in listings that remain lower than the typical seasonal norms for Metro Vancouver it has caused the pricing to raise as the number of sales is rising to the same levels of last spring; prior to the 8 interest rate increases that had slowed down the sales activity and reduced purchasers buying power.
Sales reported by...