Vancouver Real Estate Statistics - November 2020
Posted on Dec 04, 2020 in Market Update
November home sales outpace seasonal norms and long-term averages
The Real Estate Board of Greater Vancouver (REBGV) reports that residential home sales in the region totalled 3,064 in November 2020, a 22.7 p...
Canadian October Home Sales Slipped for the First Time Since April
Posted on Nov 17, 2020 in Market Update
Today's release of October housing data by the Canadian Real Estate Association (CREA) shows national home sales fell 0.7% month-over-month (m-o-m) from September's record high (see chart below). This is the first decline in five months, as market conditions remained tight and prices continued to rise. Competition remains intense in the detached-ho...BC Housing Market Continues Record Pace in October
Posted on Nov 12, 2020 in Market Update
The British Columbia Real Estate Association (BCREA) reports that a total of 11,051 residential unit sales were recorded by the Multiple Listing Service® (MLS®) in October 2020, an increase of 43.8 per cent from October 2019. The average MLS® residential price in BC set a record of $812,960, a 12.5 per cent increase from $722,333 recorded the previ...Economic Recovery and Low Rates Drive Housing Market in 2021
Posted on Nov 04, 2020 in Market Update
BCREA 2020 Fourth Quarter Housing Forecast
The British Columbia Real Estate Association (BCREA) released its 2020 Fourth Quarter Housing Forecast today.
Multiple Listing Service® (MLS®) residential sales in the province are forecast to rise 16.9 per cent to 90,450 units this year, after recording 77,350 residential sales in 2019. MLS® residential sal...Vancouver Real Estate Statistics - October 2020
Posted on Nov 03, 2020 in Market Update
Home sale and listing resurgence extends into the fall
Home sale and new listing activity remained at near record levels across Metro Vancouver in October.
The Real Estate Board of Greater Vancouver (REBGV) reports that residential home sales in the region totalled 3,687 in October 2020, a 29 per cent increase from the 2,858 sales recorded in October...
Record September for BC Housing Markets
Posted on Oct 14, 2020 in Market Update
The British Columbia Real Estate Association (BCREA) reports that a total of 11,368 residential unit sales were recorded by the Multiple Listing Service® (MLS®) in September 2020, an increase of 63.3 per cent from September 2019. The average MLS® residential price in BC set a monthly record of $803,210, a 15.3 per cent increase from $696,647 record...