Vancouver Update

Home buyer competition intensifies across Metro Vancouver’s housing market

Posted on Mar 03, 2021 in Vancouver Update



Competition amongst home buyers is putting upward pressure on home prices across Metro Vancouver’s* housing market.

The Real Estate Board of Greater Vancouver (REBGV) reports that residential home sales in the region totalled 3,727 in February 2021, a 73.3 per cent increase from the 2,150 sales recorded in February 2020, and a 56 per cent increase...

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Home buyer demand remains elevated across Metro Vancouver

Posted on Feb 02, 2021 in Vancouver Update



In the first month of 2021, Metro Vancouver’s* housing market continued the pattern set at the end of last year with home sale activity outpacing the supply of homes listed for sale.

The Real Estate Board of Greater Vancouver (REBGV) reports that residential home sales in the region totalled 2,389 in January 2021, a 52.1 per cent increase from the...

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Metro Vancouver housing market shows resilience in 2020

Posted on Jan 05, 2021 in Vancouver Update



Strong December activity brought Metro Vancouver’s* 2020 home sales total in line with the region’s long-term annual average.

The Real Estate Board of Greater Vancouver (REBGV) reports that residential home sales in the region totalled 30,944 in 2020, a 22.1 per cent increase from the 25,351 sales recorded in 2019, and a 25.7 per cent increase from...

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Vancouver Housing Market Outlook -RE/MAX Report (2021)

Posted on Dec 02, 2020 in Vancouver Update



Vancouver housing market to continue as a seller’s market in 2021, prices expected to rise 4%


Vancouver real estate is expected to continue as a seller’s market in 2021. A healthy supply is anticipated for the downtown core and low interest rates will continue to impact housing activity. Buyers are anticipated to seek larger properties in suburban a...

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November home sales outpace seasonal norms and long-term averages

Posted on Dec 02, 2020 in Vancouver Update



Housing demand in Metro Vancouver* continues to outpace historical averages with November sales eclipsing 3,000 for the first time since 2015.

The Real Estate Board of Greater Vancouver (REBGV) reports that residential home sales in the region totalled 3,064 in November 2020, a 22.7 per cent increase from the 2,498 sales recorded in November 2019...

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Home sale and listing resurgence extends into the fall

Posted on Nov 03, 2020 in Vancouver Update



Home sale and new listing activity remained at near record levels across Metro Vancouver in October.

The Real Estate Board of Greater Vancouver (REBGV) reports that residential home sales in the region totalled 3,687 in October 2020, a 29 per cent increase from the 2,858 sales recorded in October 2019, and a 1.2 per cent increase from the 3,643 home...

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