DECEMBER 2024 Update – Home sales register a strong finish to cap off 2024

Home sales register a strong finish to cap off 2024 ------- Home sales registered on the Multiple Listing Service® (MLS®) in Metro Vancouver1 rose over thirty per cent in December, compared to the previous year, signalling strengthening demand-side momentum to close out 2024. The Greater Vancouver REALTORS® (GVR)2 reports that residential sales in the region totalled 26,561

NOVEMBER 2024 Update – Home buyer demand continues to strengthen in November

Home buyer demand continues to strengthen in November ------- Home sales registered in the MLS® in the Metro Vancouver1 market rose 28 percent year-over-year in November, building on the momentum of the 30 percent year-over-year increase seen in October. The Greater Vancouver REALTORS® (GVR)2 reports that residential sales in the region totalled 2,181 in November 2024, a

OCTOBER 2024 Update – Buyer demand surges in October

Buyer demand surges in October ------- After months of tracking approximately twenty per cent below the ten-year seasonal average, Metro Vancouver home sales surged more than 30 per cent year-over-year in October. The Greater Vancouver REALTORS® (GVR) reports that residential sales registered on the Multiple Listing Service® (MLS®) in the region totalled 2,632 in October 2024, a

SEPTEMBER 2024 Update – Buyers remain cautious to begin the fall market

Buyers remain cautious to begin the fall market ------- Home sales registered on the MLS® in Metro Vancouver1 declined 3.8 per cent year over year in September, suggesting recent reductions in borrowing costs are having a limited effect in spurring demand so far. Greater Vancouver REALTORS® (GVR)2 reports that residential sales in the region totalled 1,852 in

AUGUST 2024 Update – Sellers await buyers’ return after quieter summer market

Sellers await buyers’ return after quieter summer market ------- Home sales registered on the MLS® in Metro Vancouver1 remained below their ten-year seasonal averages in August as summer holidays come to a close. Greater Vancouver REALTORS® (GVR)2 reports that residential sales in the region totalled 1,904 in August 2024, a 17.1 per cent decrease from the 2,296