September 2022

BC Housing Market Showing Signs of Stabilizing Despite Decreased Activity

Posted on Sep 14, 2022 in BC Real Estate Update



The British Columbia Real Estate Association (BCREA) reports that a total of 5,645 residential unit sales were recorded by the Multiple Listing Service® (MLS®) in August 2022, a decrease of 40.8 per cent from August 2021. The average MLS® residential price in BC was $918,378, a 2.1 per cent increase from $899,428 recorded in August 2021. Total sale...

Read More

Housing Market Update for August 2022 (Video)

Posted on Sep 09, 2022 in Market Insights Videos


Metro Vancouver’s housing market is experiencing a quieter summer season marked by reduced sale and listing activity.

With inflationary pressure and interest rates on the rise, home buyer and seller activity shifted below our long-term seasonal averages this summer. This shift in market conditions caused prices to edge down over the past four months...

Read More

Metro Vancouver’s housing market sees fewer home buyers and sellers in August

Posted on Sep 02, 2022 in Vancouver Update



Metro Vancouver’s housing market is experiencing a quieter summer season marked by reduced sale and listing activity.

The Real Estate Board of Greater Vancouver (REBGV) reports that residential home sales in the region totalled 1,870 in August 2022, a 40.7 per cent decrease from the 3,152 sales recorded in August 2021, and a 0.9 per cent decrease fr...

Read More