AUGUST 2022 Update – Metro Vancouver’s housing market is experiencing a quieter summer season marked by reduced sale and listing activity.

Metro Vancouver’s housing market is experiencing a quieter summer season marked by reduced sale and listing activity. The Real Estate Board of Greater Vancouver (REBGV) reports that residential home sales in the region totalled 1,870 in August 2022, a 40.7 per cent decrease from the 3,152 sales recorded in August 2021, and a 0.9 per

JULY 2022 Update – Metro Vancouver’s housing market has entered a new cycle marked by quieter home buyer demand and a gradual rise in the supply of homes for sale.

Metro Vancouver’s housing market has entered a new cycle marked by quieter home buyer demand and a gradual rise in the supply of homes for sale. The Real Estate Board of Greater Vancouver (REBGV) reports that residential home sales in the region totalled 1,887 in July 2022, a 43.3 per cent decrease from the 3,326 sales

MAY 2022 Update – Calmer housing market trends in Metro Vancouver

Spring ushers in calmer housing market trends in Metro Vancouver After reaching record-setting levels in 2021, home sale activity has returned to more typical seasonal levels in Metro Vancouver* this spring due, in large part, to rising interest rates. The Real Estate Board of Greater Vancouver (REBGV) reports that residential home sales in the region
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APRIL 2022 Update – Home buyer demand in Metro Vancouver* returned to more historically typical levels this month

Home buyer demand in Metro Vancouver* returned to more historically typical levels in April. The Real Estate Board of Greater Vancouver (REBGV) reports that residential home sales in the region totalled 3,232 in April 2022, a 34.1 per cent decrease from the 4,908 sales recorded in April 2021, and a 25.6 per cent decrease from

MARCH 2022 Update – Calmer than last spring, Metro Vancouver home buyer demand remains elevated

Calmer than last spring’s record pace, Metro Vancouver home buyer demand remains elevated   While down from last year’s record numbers, home sale activity in Metro Vancouver’s housing market remained elevated in March. The Real Estate Board of Greater Vancouver (REBGV) reports that residential home sales in the region totalled 4,344 in March 2022, a