VANCOUVER, BC – November 02, 2018 – Home sale activity across Metro Vancouver* remained below long-term historical averages in October. The Real Estate Board of Greater Vancouver (REBGV) reports that residential home sales in the region totalled 1,966 in October 2018, a 34.9 percent decrease from the 3,022 sales recorded in October 2017, and a […]
More supply and less demand seen across Metro Vancouver housing market
VANCOUVER, BC – October 01, 2018 – The supply of homes for sale continued to increase across the Metro Vancouver* housing market in September while home buyer demand remained below typical levels for this time of year. The Real Estate Board of Greater Vancouver (REBGV) reports that residential property sales in the region totalled 1,595 […]
Home buyer demand stays below historical averages in August
VANCOUVER, BC – September 5, 2018 – The Metro Vancouver* housing market continues to experience reduced demand across all housing types. The Real Estate Board of Greater Vancouver (REBGV) reports that residential home sales in the region totalled 1,929 in August 2018, a 36.6 percent decrease from the 3,043 sales recorded in August 2017, and […]
Housing supply up, demand down across Metro Vancouver
VANCOUVER, BC – August 2, 2018 – July’s residential housing sales in Metro Vancouver reached their lowest levels for that month since the year 2000. The Real Estate Board of Greater Vancouver (REBGV) reports that residential property sales in the region totalled 2,070 in July 2018, a 30.1 percent decrease from the 2,960 sales recorded […]
Home seller supply grows as demand declines
VANCOUVER, BC – July 4, 2018 – With home sale activity dipping below long-term historical averages, the supply of homes for sale in Metro Vancouver reached a three-year high in June. The Real Estate Board of Greater Vancouver (REBGV) reports that residential home sales in the region totalled 2,425 in June 2018, a 37.7 percent […]
Promises…..and more promises
When the market is slowing down it becomes very easy for REALTORS® to promise more to get your listing. This is a downward slope that does more harm than good to the unsuspecting seller. Recently I have seen sellers going with the highest price and then sitting on the market for an extended period, and […]
Reduced demand is allowing housing supply to accumulate
VANCOUVER, BC – June 4, 2018 – Home buyer demand continues to decline across the Metro Vancouver* housing market. The Real Estate Board of Greater Vancouver (REBGV) reports that residential property sales in the region totalled 2,833 in May 2018, a 35.1 percent decrease from the 4,364 sales recorded in May 2017, and a 9.8 […]
Home sales down, listings up across Metro Vancouver
VANCOUVER, BC – May 2, 2018 – The Metro Vancouver housing market saw fewer home buyers and more home sellers in April. The Real Estate Board of Greater Vancouver (REBGV) reports that residential property sales in the region totalled 2,579 in April 2018, a 27.4 percent decrease from the 3,553 sales recorded in April 2017, […]
Home buyers were less active in February
VANCOUVER, BC – March 2, 2018 – Metro Vancouver* home sales dipped below the long-term historical average in February. The Real Estate Board of Greater Vancouver (REBGV) reports that residential property sales in the region totalled 2,207 in February 2018, a nine percent decrease from the 2,424 sales recorded in February 2017, and a 21.4 […]
Home buyer demand depends on property type
VANCOUVER, BC – February 2, 2018 – Attached and apartment homes are in demand across Metro Vancouver while detached home buyers are facing less competition today. The Real Estate Board of Greater Vancouver (REBGV) reports that residential home sales in the region totalled 1,818 in January 2018, a 19.4 percent increase from the 1,523 sales […]