housing market insights

February 12th, 2020

Home sale and price activity remain steady in Metro Vancouver to start 2020 while home listing activity declined in January.

Realtors registered 1,571 sales on our regions MLS in January.  This is +42% above last year’s January total and about -7% below our 10 year average for the month.

Looking at supply we are seeing few homes listed for sale than is typical for this time of the year.

Se ...

housing market insights

January 10th, 2020

The Metro Vancouver housing market experienced below average home sale activity in 2019.  As well, moderate price declines.  Here is a closer look!

Realtors helped their client’s sell 25,351on MLS last year.  This is a +3% increase from 2018 and -20% below the 10 year average.  However, the total number of sales only tells part of last years story.  Our market did not follow typical seasonal ...

Housing Market Insights

July 12th, 2019

With homebuyer demand below our long term historical averages in June, the supply of homes for sale in Metro Vancouver continue to accumulate.

REALTOR®’s registered 2,077 home sales on MLS® in June. The lowest sales total for the month since 2000.  This is a decrease -21% over last month and -35% below our 10 year June sales average.

On the supply side 4, 751 homes were new listed for sale ...

Housing Market Insights

June 13th, 2019

Metro Vancouver home sales eclipsed 2,000 for the first time in 2019 but demand remains well below historical averages. 

REALTOR®’s registered 2,638 homes sales on the MLS® in May.  This is an increase over last month (+44.2%) but -22.9% below our ten year May sales average.

High home prices and mortgage qualification issues caused by the Federal Government’s B20 Stress Test remain signific ...

Housing market insights

May 8th, 2019

Reduced demand and increased supply remain the trend across Metro Vancouver housing market.

REALTOR's registered 1,829 home sales on in April.  This is up +5.9% from last month but well below our historical averages, down -43.1% compared to 10 year average.

On the supply side we saw 5,742 homes added to the MLS® last month bringing total number of homes for sale to 13,357.  This the highest ...

Housing Market Insights

April 11th, 2019

Prospective homebuyers remained on the sidelines in Metro Vancouver in March as home sales dipped to the lowest levels in decades.

REALTORS registered about 1,700 homes sales on the regions MLS last month, the lowest total for the month since 1986.  This is a 31% decline from the same period last year and is 46% below the 10 year March average.

On the supply side, the number of homes for sa ...