Latest Market News, Updates & Statistics 

Regional Disparities Emerging in BCHousing Market Activity

Posted on Oct 17, 2024 in BC Real Estate Update



The British Columbia Real Estate Association (BCREA) reports that 5,579 residential unit sales were recorded in Multiple Listing Service® (MLS®) systems in September 2024, up a little under 1 per cent from September 2023. The average MLS® residential price in BC in September 2024 was down 2.8 per cent at $942,969 compared to an average price of $96...

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Housing Market Update for September 2024 (Video)

Posted on Oct 08, 2024 in Market Insights Videos


With some buyers choosing to stay on the sidelines, inventory levels have sustained healthy gains, providing much more selection to anyone searching
for a home.

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Buyers remain cautious to begin the fall market

Posted on Oct 02, 2024 in Vancouver Update



Home sales registered on the MLS® in Metro Vancouver1 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® (GVR)2 reports that residential sales in the region totalled 1,852 in September 2024, a 3.8 per cent decrease from...

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Sales Slow in August, but Falling Rates Should Drive Activity Higher in the Fall

Posted on Sep 11, 2024 in BC Real Estate Update



The British Columbia Real Estate Association (BCREA) reports that 5,943 residential unit sales were recorded in Multiple Listing Service® (MLS®) systems in August 2024, a 10 per cent decrease from August 2023. The average MLS® residential price in BC in August 2024 was down 1.7 per cent at $938,500 compared to an average price of $955,063 in August...

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Housing Market Update for August 2024 (Video)

Posted on Sep 10, 2024 in Market Insights Videos


From a seasonal perspective, August is typically a slower month for sales than June or July. In this respect, this August has been no different. With that said, sales remain in a holding pattern, trending roughly 20 per cent below their 10-year seasonal average, which suggests buyers are still feeling the pinch of higher borrowing costs, despite tw...

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