Competition among buyers in Metro Vancouver’s housing market heats up as summer arrives
Posted on Jun 02, 2023 in Vancouver Update
The Real Estate Board of Greater Vancouver (REBGV) reports that residential home sales in the region totalled 3,411 in May 2023, which is a 15.7 per cent increase from t...
Lack of Inventory Creating Tighter Market Conditions Across BC
Posted on May 13, 2023 in BC Real Estate Update
The British Columbia Real Estate Association (BCREA) reports that a total of 7,427 residential unit sales were recorded in Multiple Listing Service® (MLS®) systems in April 2023, a decrease of 17.7 per cent from April 2022. The average MLS® residential price in BC was 995,506 down 5.6 per cent compared to the average price of close to $1.1 million...
Housing Market Update for April 2023 (Video)
Posted on May 09, 2023 in Market Insights Videos
With listing activity remaining below historical norms, home sales in Metro Vancouver have mounted a surprising comeback, rising near levels seen last spring, before eight consecutive interest rate hikes eroded borrowing power and brought home sales activity down along with it.
SnapStats Market Speedo Infographic - April 2023
Posted on May 08, 2023 in Market Speedo Infographic
Prices continue rising across Metro Vancouver as home buyer confidence returns
Posted on May 05, 2023 in Vancouver Update
The Real Estate Board of Greater Vancouver (REBGV) reports that resident...
BC Markets Showing Signs of Recovery As Supply Remains Scarce
Posted on Apr 13, 2023 in BC Real Estate Update
The British Columbia Real Estate Association (BCREA) reports that a total of 7,118 residential unit sales were recorded in Multiple Listing Service® (MLS®) systems in March 2023, a decrease of 38.3 per cent from March 2022. The average MLS® residential price in BC was 961,451 down 11.6 per cent compared to the average price of close to $1.1 million...