July 2023 Vancouver Market Update
Posted on Aug 05, 2023 in Market Update - 2023
Strong sales push Metro Vancouver home prices past the rate hike in July
Home prices across all home types in Metro Vancouver1 rose again in July, as strong sales figures continue to push up against low levels of housing inventory in the region.
The Real Estate Board of Greater Vancouver (REBGV) reports that residential home sales in the region total...
June 2023 Vancouver Market Update
Posted on Jul 05, 2023 in Market Update - 2023
Home prices continue to rise in Metro Vancouver’s housing market to kick off the summer
Continuing the trend that has emerged in the housing market this year, the benchmark price for all home types in Metro Vancouver increased in June as home buyer demand butted up against a limited inventory of homes for sale in the region.
The Real Estate Board of...
The Real Estate Board of...
May 2023 Vancouver Market Update
Posted on Jun 05, 2023 in Market Update - 2023
Competition among buyers in Metro Vancouver’s housing market heats up as summer arrives
While the year started slower than usual, Metro Vancouver’s housing market is showing signs of heating up as summer arrives, with prices increasing for the sixth consecutive month.
The Real Estate Board of Greater Vancouver (REBGV) reports that residential home s...
The Real Estate Board of Greater Vancouver (REBGV) reports that residential home s...
April 2023 Vancouver Market Update
Posted on May 05, 2023 in Market Update - 2023
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.
The Real Estate Board of Greater Vancouver (REBGV) reports that residen...
The Real Estate Board of Greater Vancouver (REBGV) reports that residen...
March 2023 Vancouver Market Update
Posted on Apr 05, 2023 in Market Update - 2023
Home prices across Metro Vancouver’s housing market showed modest increases in March, while new listings remained below long-term historical averages.
March data also indicates home sales are making a stronger than expected spring showing so far, despite elevated borrowing costs.
The Real Estate Board of Greater Vancouver (REBGV) reports that resid...
February 2023 Vancouver Market Update
Posted on Mar 05, 2023 in Market Update - 2023
Below average home sales allow inventory to inch upwards
February listing data show a continued reluctance among prospective home sellers to engage in Metro Vancouver’s* housing market, leading to below-average sales activity. With sales remaining well-below historical norms, the number of available homes for sale in the region have continued inchin...