Market News

Metro Vancouver Market Highlights March 2021

Posted on Apr 08, 2021 in Market News



Home buyer and seller activity reached unprecedented levels across Metro Vancouver* in March.

The Real Estate Board of Greater Vancouver (REBGV) reports that residential home sales in the region totalled 5,708 in March 2021, a 126.1 per cent increase from the 2,524 sales recorded in March 2020, and a 53.2 per cent increase from the 3,727 homes sold...

Read More

Metro Vancouver Market Highlights February 2021

Posted on Mar 12, 2021 in Market News



Intense competition amongst home buyers is putting upward pressure on home prices across Metro Vancouver’s* housing market.

The Real Estate Board of Greater Vancouver (REBGV) reports that residential home sales in the region totalled 3,727 in February 2021, a 73.3 per cent increase from the 2,150 sales recorded in February 2020, and a 56 per cent in...

Read More

Metro Vancouver Market Highlights January 2021

Posted on Feb 12, 2021 in Market News



In the first month of 2021, Metro Vancouver’s* housing market continued the pattern set at the end of last year with home sale activity outpacing the supply of homes listed for sale.

The Real Estate Board of Greater Vancouver (REBGV) reports that residential home sales in the region totalled 2,389 in January 2021, a 52.1 per cent increase from the 1...

Read More

Metro Vancouver Market Highlights December 2020

Posted on Jan 14, 2021 in Market News



Vancouver's real estate market ended 2020 with a bang, as a December home-buying spree helped the market rebound from a weak 2019, despite the COVID-19 pandemic. Strong December activity brought Metro Vancouver’s* 2020 home sales total in line with the region’s long-term annual average.

Read More

Metro Vancouver Market Highlights November 2020

Posted on Dec 10, 2020 in Market News



November 2020’s home sales in Metro Vancouver were 24.6% above the 10-year sales average for the month and was the second-highest total for the month over this period.
According to the Real Estate Board of Greater Vancouver (REBGV), housing demand exceeded 3,000 home sales for the first time since 2015. There were 3,064 sales over the month, represe...

Read More

What could 2021 bring for real estate in Canada and Vancouver?

Posted on Nov 19, 2020 in Market News



For real estate, like many other sectors, COVID-19 has made forecasting a nearly impossible task. While many economists predicted employment disruptions would negatively impact the Canadian housing market, the pandemic directly influenced only six per cent of Canadians to sell their home, according to the survey. Furthermore, 40 per cent of Canadia...

Read More