Latest Vancouver Real Estate News

Things to do in Vancouver BC - September 2023

Posted on Aug 31, 2023 in Community

Things to do in Vancouver BC - September 2023Looking for things to do in Vancouver while you are on Vacation this month, or maybe you're looking to entertain the family over the labour day long weekend. Check out these fun things going on in the city:

1. Vancouver International Film Festival (VIFF)

Join the Vancouver International Film Festival, running from September 7th to September 17th, 202...

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BC Housing Market Resilient Despite High Rates - Third Quarter Housing Forecast Update

Posted on Aug 29, 2023 in Market Update

BC Housing Market Resilient Despite High RatesThe British Columbia Real Estate Association (BCREA) released its 2023 Third Quarter Housing Forecast Update today. Multiple Listing Service® (MLS®) residential sales in BC are forecast to decline 2.8 per cent to 78,640 units this year. In 2024, MLS® residential sales are forecast to post a modest rebound, rising 6.1 per cent to 83,425 units. “The...

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Greater Vancouver Real Estate Statistics - July 2023

Posted on Aug 02, 2023 in Market Update

Strong sales push Metro Vancouver home prices past the rate hike in July 2023Strong sales push Metro Vancouver home prices past the rate hike in July.

Home prices across all home types in Metro Vancouver rose again in July, as strong sales figures continue to push up against low levels of housing inventory in the region.

The Real Estate Board of Greater Vancouver (REBGV) reports that residential home sales in the region total...

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Bank of Canada Interest Rate Announcement -July 12, 2023

Posted on Jul 12, 2023 in Mortgage News

Bank of Canada Interest Rate Announcement - July 12, 2023The Bank of Canada raised its overnight rate by 25 basis points to 5 per cent this morning. In the statement accompanying the decision, the Bank noted that the Canadian economy has been stronger than expected but is expected slow as higher interest rate work their way through the economy. On inflation, the Bank cited the recent easing of inflation...

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Strong Canadian Job Growth in June Will Not Please The Bank of Canada

Posted on Jul 11, 2023

Strong Canadian Job Growth in June Will Not Please The Bank of CanadaIt's a Close Call Which Way the Bank Will Go

Employment growth last month came in at a whopping 60,000 jobs, tripling expectations, and most of those net new jobs were for full-time workers. As our population grows, more people are available to fill job vacancies. Employment rose in wholesale and retail trade (+33,000), manufacturing (+27,000), heal...

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Greater Vancouver Real Estate - June 2023 Market Update

Posted on Jul 05, 2023

Greater Vancouver Real Estate - Update June 2023Home prices continue to rise in Metro Vancouver’s housing market to kick off the summer

Continuing the trend that has emerged in the housing market this year, the benchmark price for all home types in Metro Vancouver1 increased in June as home buyer demand butted up against a limited inventory of homes for sale in the region.

The Real Estate Board of...

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