VANCOUVER, BC – January 4, 2023 – After seeing record sales and prices during the pandemic, Metro Vancouver’s* housing market experienced a year of caution in 2022 due to rising borrowing costs fueled by the Bank of Canada’s ongoing battle with inflation. The Real Estate Board of Greater … [Read More...] about Rising mortgage rates brought uncertainty and caution to Metro Vancouver’s housing market in 2022
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Home sale and listing activity continue trending below long-term averages in November
VANCOUVER, BC – December 2, 2022 – While typically a quiet month of market activity based on seasonal patterns, November home sale and listing totals lagged below the region’s long-term averages. The Real Estate Board of Greater Vancouver (REBGV) reports that residential home sales in the region totalled 1,614 in November … [Read More...] about Home sale and listing activity continue trending below long-term averages in November

Inflation, rising interest rates create caution in Metro Vancouver’s housing market
VANCOUVER, BC – November 2, 2022 – Home sale activity across the Metro Vancouver* housing market continued to trend well below historical averages in October. The Real Estate Board of Greater Vancouver (REBGV) reports that residential home sales in the region totalled 1,903 in October 2022, a … [Read More...] about Inflation, rising interest rates create caution in Metro Vancouver’s housing market
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