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REBGV Market Stats - February 2024

March 12th, 2024
  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
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
Housing market resilient in 2023, ends year in balanced territory Metro Vancouver’s1 housing market closed out 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 26,249 ...

REBGV Market Stats - November 2023: Balanced conditions come to the Metro Vancouver housing market for the holiday season

December 5th, 2023
With one month left in 2023, a steady increase in housing inventory is offering home buyers across Metro Vancouver1 among the largest selection to choose from since 2021. The Real Estate Board of Greater Vancouver (REBGV) reports that residential sales2 in the region totalled 1,702 in November 2023, a 4.7 per cent increase from the 1,625 sales recorded in November 2022. This was 33 per c ...

REBGV Market Stats - October 2023

November 2nd, 2023
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
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
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
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
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 ...

REBGV Market Stats - May 2023

June 5th, 2023
Competition heats up among buyers as summer arrives   While the year started slower than usual, Metro Vancouver’s1 housing market is showing signs of heating up as summer arrives, with prices increasing for the sixth consecutive month. The Real Estate Board of Greater Vancouver (REBGV) reports that residential home sales in the region totalled 3,4112 in May 2023, which is a 15.7 per ce ...

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