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 percent increase compared to January 2018 when 1,818 homes sold. Last month’s sales were 14.4 percent below the 10-year February sales average. By … [Read more...] about Home buyers were less active in February

VANCOUVER, BC – December 4, 2017 - Metro Vancouver* saw modest home listing changes and steady demand in November. The Real Estate Board of Greater Vancouver (REBGV) reports that residential home sales in the region totalled 2,795 in November 2017, a 26.2 percent increase from the 2,214 sales recorded in November 2016, and a 7.5 percent decrease compared to October 2017 when 3,022 homes sold. Last month’s sales were 17 percent above the 10-year November sales … [Read more...] about Above-average demand and below-average supply

VANCOUVER, BC – October 3, 2017 – Apartment and townhome activity is outpacing the detached home market across Metro Vancouver. This activity helped push total residential sales above the historical average in September. The Real Estate Board of Greater Vancouver (REBGV) reports that residential property sales in the region totalled 2,821 in September 2017, a 25.2 percent increase from the 2,253 sales recorded in September 2016, and a 7.3 percent decrease compared to August 2017 when 3,043 … [Read more...] about Home buyer demand continues to differ based on housing type