Latest Market News, Updates & Statistics 

Home Sales Continue at Below Average Pace in June

Posted on Jul 15, 2024 in BC Real Estate Update



The British Columbia Real Estate Association (BCREA) reports that 7,082 residential unit sales were recorded in Multiple Listing Service® (MLS®) systems in June 2024, a 19 per cent decrease from June 2023. The average MLS® residential price in BC in June 2024 was up 1 per cent at $998,159 compared to an average price of $988,632 in June 2023. The t...

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Housing Market Update for June 2024 (Video)

Posted on Jul 09, 2024 in Market Insights Videos


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.

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Market shifting in buyers’ favour, though hesitation remains

Posted on Jul 03, 2024 in Vancouver Update



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 REALTORS® (GVR) reports that residential sales in the region totalled 2,418 in June 2024, a 19.1 per...

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Markets Remain in Balance Heading into Summer

Posted on Jun 13, 2024 in BC Real Estate Update



The British Columbia Real Estate Association (BCREA) reports that 8,075 residential unit sales were recorded in Multiple Listing Service® (MLS®) systems in May 2024, a 11.6 per cent decrease from May 2023. The average MLS® residential price in BC in May 2024 was down 1.5 per cent at $1 million, compared to an average price of $1.02 million in May 2...

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Housing Market Update for May 2024 (Video)

Posted on Jun 10, 2024 in Market Insights Videos


A culmination of factors, from higher borrowing costs, to worries about the economy, to policy interventions imposed by various levels of government, are influencing buyers and sellers today.

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