Vancouver Metro Real Estate

Metro Vancouver’s housing market has changed pace

Posted on Oct 02, 2018 in Vancouver Metro Real Estate


The supply of homes for sale continued to increase across the Metro Vancouver* housing market in September while home buyer demand remained below typical levels for this time of year.

SALES

The Real Estate Board of Greater Vancouver (REBGV) reports that residential property sales in the region totaled 1,595 in September 2018, a 43.5 per cent decrease...

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The cost of owning a home

Posted on Sep 28, 2018 in Vancouver Metro Real Estate




The cost of owning a home in Canada is at the highest level in 28 years and likely to get only more onerous as interest rates continue to rise, according to a report from Royal Bank of Canada.

Carrying a home, including the cost of a mortgage, property taxes and utilities, took up 54 per cent of a typical household’s pre-tax income in the second qua...

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fewer buyers active in the market

Posted on Sep 05, 2018 in Vancouver Metro Real Estate



The Metro Vancouver1 housing market continues to experience reduced demand across all housing types.

The Real Estate Board of Greater Vancouver (REBGV) reports that residential home sales in the region totalled 1,929 in August 2018, a 36.6 per cent decrease from the 3,043 sales recorded in August 2017, and a 6.8 per cent decline compared to July 201...

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changing real estate landscape

Posted on Aug 08, 2018 in Vancouver Metro Real Estate


July’s residential housing sales reached their lowest level since the year 2000.  Let’s take a closer look.

REALTOR® 's rgistered just over 2,000 sales on MLS in July.  This is a 30% decline from the same period last year and 29% below the 10 year July average.


Summer is traditionally a quieter time of the year for real estate. This is particularly tru...

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reduced demand

Posted on Jun 14, 2018 in Vancouver Metro Real Estate


Reduced demand is allowing housing supply to accumulate across Metro Vancouver today.  Let's take a closer look!

REALTOR's registered over 2,833 homes on MLS in May.  This is down 35% from the same period last year and 19% below our ten year May average.  


While Buyers are less active now than in recent years , Sellers have become more active. May saw 6...

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shifting market dynamics

Posted on Jun 04, 2018 in Vancouver Metro Real Estate


Home buyer demand continues to decline across the Metro Vancouver housing market.

The Real Estate Board of Greater Vancouver (REBGV) reports that residential property sales in the region totalled 2,833 in May 2018, a 35.1 per cent decrease from the 4,364 sales recorded in May 2017, and a 9.8 per cent increase compared to April 2018 when 2,579 homes...

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