Latest Market News, Updates & Statistics 

Metro Vancouver home sales down in May while inventory continues to increase

Posted on Jun 04, 2024 in Vancouver Update



The number of transactions on the Multiple Listing Service® (MLS®) declined in May compared to what is typical for this time of year in Metro Vancouver. This shift has allowed the inventory of homes available for sale to continue to accumulate with over 13,000 homes now actively listed on the MLS® in the region.

The Greater Vancouver REALTORS® (GVR...

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New Listings Bounce Higher in April

Posted on May 15, 2024 in BC Real Estate Update



The British Columbia Real Estate Association (BCREA) reports that 7,569 residential unit sales were recorded in Multiple Listing Service® (MLS®) systems in April 2024, an increase of 1.5 per cent from April 2023. The average MLS® residential price in BC in April 2024 was up 1.4 per cent at $1 million, compared to an average price of $992,440 in Apr...

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Housing Market Update for April 2024 (Video)

Posted on May 09, 2024 in Market Insights Videos


Actively listed homes for sale on the MLS® in Metro Vancouver continued climbing in April, up 42 per cent year-over-year, breaching the 12,000 mark, a number not seen in the region since the summer of 2020.

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Inventory reaches highest level since the pandemic summer of 2020

Posted on May 02, 2024 in Vancouver Update



Actively listed homes for sale on the MLS® in Metro Vancouver continued climbing in April, up 42 per cent year-over-year, breaching the 12,000 mark, a number not seen in the region since the summer of 2020.

Greater Vancouver REALTORS® (GVR) reports that residential sales in the region totalled 2,831 in April 2024, a 3.3 per cent increase from the 2...

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Pent-up Demand Continues to Build as Sales Remain Slow

Posted on Apr 15, 2024 in BC Real Estate Update



The British Columbia Real Estate Association (BCREA) reports that a total of 6,460 residential unit sales were recorded in Multiple Listing Service® (MLS®) systems in March 2024, a decline of 9.5 per cent from March 2023. The average MLS® residential price in BC in March 2024 was up 6.5 per cent at $1.02 million, compared to an average price of $95...

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Housing Market Update for March 2024 (Video)

Posted on Apr 05, 2024 in Market Insights Videos


The number of Metro Vancouver homes listed for sale on the MLS® rose nearly 23 per cent year-over-year, providing more opportunity for buyers looking for a home this spring.

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Increased seller activity is giving buyers more choice this spring

Posted on Apr 03, 2024 in Vancouver Update



The number of Metro Vancouver  homes listed for sale on the MLS® rose nearly 23 per cent year-over-year, providing more opportunity for buyers looking for a home this spring.

The Greater Vancouver REALTORS® (GVR) reports that residential sales3 in the region totalled 2,415 in March 2024, a 4.7 per cent decrease from the 2,535 sales recorded in March...

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Provincial Housing Market Relatively Calm Heading into Spring

Posted on Mar 14, 2024 in BC Real Estate Update



The British Columbia Real Estate Association (BCREA) reports that a total of 5,497 residential unit sales were recorded in Multiple Listing Service® (MLS®) systems in February 2024, an increase of 15.3 per cent from February 2023. The average MLS® residential price in BC in February 2024 was up 4.7 per cent at $987,798 compared to an average price...

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Housing Market Update for February 2024 (Video)

Posted on Mar 11, 2024 in Market Insights Videos


While Metro Vancouver home sellers appeared somewhat hesitant in January, new listings rose 31 per cent year-over-year in February, bringing a significant number of newly listed properties to the market.

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