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Vancouver Real Estate Market Update, February 2021

Home buyer competition intensifies across Metro Vancouver’s housing market Competition amongst home buyers is putting upward pressure on home prices across Metro Vancouver’s* housing market. The Real Estate Board of Greater Vancouver (REBGV) reports that residential home sales in the region totalled 3,727 in February 2021, a 73.3 per cent ...

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Vancouver Real Estate Market Update, Jan 2021

Homebuyer demand remains elevated across Metro Vancouver In the first month of 2021, Metro Vancouver’s* housing market continued the pattern set at the end of last year with home sale activity outpacing the supply of homes listed for sale. The Real Estate Board of Greater Vancouver (REBGV) reports that residential ...

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Pandemic-induced trends emerge in the commercial real estate market in the third quarter of 2020

In a period where the COVID-19 pandemic constrained economic activity and caused businesses to limit in-person operations, the Lower Mainland’s commercial real estate market saw overall declines in demand. There were 387 commercial real estate sales in the Lower Mainland in the third quarter (Q3) of 2020, an 8.9 per cent ...

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Vancouver Real Estate market update, December 2020

Metro Vancouver housing market shows resilience in 2020 Strong December activity brought Metro Vancouver’s* 2020 home sales total in line with the region’s long-term annual average. The Real Estate Board of Greater Vancouver (REBGV) reports that residential home sales in the region totalled 30,944 in 2020, a 22.1 per cent ...

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Vancouver Real Estate Market Update, November 2020

November home sales outpace seasonal norms and long-term averages Housing demand in Metro Vancouver* continues to outpace historical averages with November sales eclipsing 3,000 for the first time since 2015. The Real Estate Board of Greater Vancouver (REBGV) reports that residential home sales in the region totalled 3,064 in November ...

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Vancouver Real Estate Market Update, October 2020: Home sale and listing resurgence extends into the fall

Home sale and new listing activity remained at near record levels across Metro Vancouver in October. The Real Estate Board of Greater Vancouver (REBGV) reports that residential home sales in the region totalled 3,687 in October 2020, a 29 per cent increase from the 2,858 sales recorded in October 2019, and ...

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Comparing Provincial Party Housing Platforms

Below is a comparison of the three main party’s platforms’ impact on real estate and housing. COVID-19 Economic Recovery Green Allocate $300 million to create a six-month rent subsidy program for small businesses. Liberal Eliminate the Provincial Sales Tax (PST) for one year and then set it at three per ...

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Vancouver Real Estate Market Update, September 2020

Metro Vancouver home sales and listings surge in September Home sale and new listing activity reached record levels in Metro Vancouver in September. The Real Estate Board of Greater Vancouver (REBGV) reports that residential home sales in the region totalled 3,643 in September 2020, a 56.2 per cent increase from the ...

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Vancouver Real Estate Market Update, August 2020

Home sale and listing activity continues to increase in August Home buyers and sellers remained active across Metro Vancouver in August, with home sale and new listing activity outpacing the region’s historical averages. The Real Estate Board of Greater Vancouver (REBGV) reports that residential home sales in the region totalled 3,047 ...

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Vancouver Real Estate Market update, July 2020

Metro Vancouver housing market sees steady summer activity. Home buyer and seller activity in Metro Vancouver* exceeded historical levels in July. The Real Estate Board of Greater Vancouver (REBGV) reports that residential home sales in the region totalled 3,128 in July 2020, a 22.3 per cent increase from the 2,557 ...

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