BC Housing Market Showing Signs ofStabilizing 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...
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...
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...
SnapStats Market Speedo Infographic - August 2022
Posted on Sep 07, 2022 in Market Speedo Infographic
Metro Vancouver’s housing market sees fewer home buyers and sellers in August
Posted on Sep 02, 2022 in Vancouver Update
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...
BC Home Sales Continue to Slow in July
Posted on Aug 11, 2022 in BC Real Estate Update
Housing Market Update for July 2022 (Video)
Posted on Aug 09, 2022 in Market Insights Videos
Metro Vancouver’s housing market has entered a new cycle marked by quieter home buyer demand and a gradual rise in the supply of homes for sale.
"Home buyers are exercising more caution in today’s market in response to rising interest rates and inflationary concerns. This allowed the selection of homes for sale to increase and prices to edge down in...
"Home buyers are exercising more caution in today’s market in response to rising interest rates and inflationary concerns. This allowed the selection of homes for sale to increase and prices to edge down in...