Monthly Market Report March 2022

While down from last year’s record numbers, home sale activity in Metro Vancouver’s* housing market remained elevated in March. The Real Estate Board of Greater Vancouver (REBGV) reports that residential home sales in the region totalled 4,344 in March 2022, a 23.9 per cent decrease from the 5,708 sales recorded in March 2021, and a … Read more

Monthly Rental Market Report February 2022

Rental prices in Vancouver seemingly can’t be slowed, gaining an average of $13 this February after months of steadily climbing. Metro Vancouver’s average rent is now at $1,840, up from their already high January levels. This increase was largely led by cities like Langley and New Westminster, which both saw significant upward trends this month.

Monthly Market Report February 2022

The Metro Vancouver* housing market saw steady home sales activity, modest increases in home listings, and continued upward trends in pricing in February. The Real Estate Board of Greater Vancouver (REBGV) reports that residential home sales in the region totaled 3,424 in February 2022, an 8.1 percent decrease from the 3,727 sales recorded in February … Read more

Monthly Rental Market Report January 2022

Rental prices across Metro Vancouver from December 2021 to January 2022 saw some huge increases in terms of average prices of furnished units. Aside from a few exceptions, rent for unfurnished units remains relatively unchanged in most communities after last month’s price action. Monthly Rental Market Report If you’d like a rental analysis for your … Read more

Monthly Market Report January 2022

The first month of 2022 saw home sales come down from last year’s record-setting pace, while low supply continued to cause home prices to edge higher across Metro Vancouver*.  The Real Estate Board of Greater Vancouver (REBGV) reports that residential home sales in the region totalled 2,285 in January 2022, a 4.4 per cent decrease … Read more

Monthly Market Report December 2021

Metro Vancouver* home sales reached an all-time high in 2021 as housing needs remained a top priority for residents in the second year of the COVID-19 pandemic. The Real Estate Board of Greater Vancouver (REBGV) reports that residential home sales in the region totalled 43,999 in 2021, a 42.2 per cent increase from the 30,944 … Read more

Monthly Market Report October 2021

Home sale activity in Metro Vancouver* remained above historical averages in October while the overall supply of homes for sale dipped to levels not seen in three years. The Real Estate Board of Greater Vancouver (REBGV) reports that residential home sales in the region totalled 3,494 in October 2021, a 5.2 per cent decrease from … Read more

Monthly Market Report September 2021

Home sale activity remains elevated across Metro Vancouver’s* housing market while the pace of homes being listed for sale continues to follow long-term averages. The Real Estate Board of Greater Vancouver (REBGV) reports that residential home sales in the region totalled 3,149 in September 2021, a 13.6 per cent decrease from the 3,643 sales recorded in September 2020, and a 0.1 per cent decrease from the 3,152 homes sold in August 2021. Last … Read more

Monthly Market Report August 2021

While home buyers have remained active in Metro Vancouver throughout the summer, the supply of homes for sale has declined steadily since June, let us outlined all the information of this Monthly market report. The Real Estate Board of Greater Vancouver (REBGV) reports that residential home sales in the region totalled 3,152 in August 2021, … Read more

Monthly Market Report July 2021

Metro Vancouver’s* housing market saw more moderate sales, listings and pricing trends in July compared to the heightened activity experienced throughout much of the pandemic. The Real Estate Board of Greater Vancouver (REBGV) reports that residential home sales in the region totalled 3,326 in July 2021, a 6.3 per cent increase from the 3,128 sales … Read more

APRIL 2021 VANCOUVER REAL ESTATE MARKET REPORT

Supply response emerges, in Metro Vancouver’s active housing market Home sellers have become increasingly active in Metro Vancouver’s* housing market this spring in response to heightened demand and rising home values that have materialized during the pandemic. The Real Estate Board of Greater Vancouver (REBGV) reports that residential home sales in the region totalled 4,908 … Read more

VANCOUVER REAL ESTATE MARKET RENTAL REPORT – MARCH 2021

In March, Metro Vancouver experienced unprecedented levels of home buyer and seller activity. Let’s go over the Real Estate Market Rental Report of March. According to the Real Estate Board of Greater Vancouver (REBGV), residential home sales in the area totaled 5,708 in March 2021, a 126.1 percent improvement over the 2,524 sales reported in … Read more