Taken from www.rebgv.org Market Watch October 2024 Stats Package Buyer demand surges in October After months of tracking approximately twenty per cent below the ten-year seasonal average, Metro Vancouver1 home sales surged more than 30 per cent year-over-year in October. The Greater Vancouver REALTORS® (GVR) reports that residential sales2 registered on the Multiple Listing … Read more
Taken from www.rebgv.org Market Watch September 2024 Stats Package Buyers remain cautious to begin the fall market Home sales registered on the MLS® in Metro Vancouver declined 3.8 per cent year over year in September, suggesting recent reductions in borrowing costs are having a limited effect in spurring demand so far. Greater Vancouver REALTORS® … Read more
Taken from www.rebgv.org Market Watch August 2024 Stats Package Sellers await buyers’ return after quieter summer market Home sales registered on the MLS® in Metro Vancouver remained below their ten-year seasonal averages in August as summer holidays come to a close. Greater Vancouver REALTORS® (GVR) reports that residential sales in the region totalled 1,904 in … Read more
Taken from www.rebgv.org Member Update July 2024 Stats Package More selection not translating to more transactions Newly listed properties registered on the Multiple Listing Service® (MLS®) rose nearly twenty per cent year over year in July, helping to sustain a healthy level of inventory in the Metro Vancouver housing market. On the demand side, … Read more
Taken from www.rebgv.org Member Update June 2024 Stats Package Market shifting in buyers’ favour, though hesitation remains Metro Vancouver home sales registered on the MLS remained below seasonal and historical averages in June. With reduced competition among buyers, inventory has continued to accumulate to levels not seen since the spring of 2019. The Greater Vancouver … Read more
Taken from www.rebgv.org Member Update May 2024 Stats Package Metro Vancouver home sales down in May while inventory continues to increase The number of transactions on the Multiple Listing Service® (MLS®) declined in May compared to what is typical for this time of year in Metro Vancouver. This shift has allowed the inventory of … Read more
Taken from www.rebgv.org Member Update April 2024 Stats Package Increased seller activity is giving buyers more choice this spring Actively listed homes for sale on the MLS® in Metro Vancouver continued climbing in April, up 42 per cent year-over-year, breaching the 12,000 mark, a number not seen in the region since the summer of … Read more
Taken from www.rebgv.org Member Update March 2024 Stats Package 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 … Read more
Taken from www.rebgv.org Member Update February 2024 Stats Package Home sellers awaken this spring, bringing much-needed inventory to the housing market 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® … Read more
Taken from www.rebgv.org Member Update January 2024 Stats Package Home sales across Metro Vancouver’s housing market off to strong start in 2024 While the Metro Vancouver 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 … Read more
Taken from www.rebgv.org Member Update December 2023 Stats Package Metro Vancouver housing market shows resilience in 2023, ending the year in balanced territory Metro Vancouver’s 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 … Read more
Taken from www.rebgv.org Member Update November 2023 Stats Package 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 Vancouver1 among the largest selection to choose from since 2021. The Real Estate Board … Read more
Taken from www.rebgv.org Member Update October 2023 Stats Package Metro Vancouver housing market holds steady in October An increase in newly listed properties is providing more choice to home buyers across Metro Vancouver, but sales remain below long-term averages. The Real Estate Board of Greater Vancouver (REBGV) reports that residential sales in the region … Read more
Taken from www.rebgv.org Member Update August 2023 Stats Package 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 … Read more
Taken from www.rebgv.org Member Update July 2023 Stats Package Strong sales push Metro Vancouver home prices past the rate hike in July 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 … Read more
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