Real estate news

December 3, 2024

Home buyer demand continues to strengthen in November

Home sales rose 28 percent year-over-year in November, building on the momentum of the 30 percent year-over-year increase in October.

November 4, 2024

Buyer demand surges in October

In a change of pace, Metro Vancouver home sales surged more than 30 per cent year-over-year in October.

October 2, 2024

Buyers remain cautious to begin the fall market

Home sales declined in September suggesting recent reductions in borrowing costs have limited effect in spurring demand so far.

September 4, 2024

Sellers await buyers’ return after quieter summer market

Home sales remained below their ten-year seasonal averages in August as summer holidays come to a close.

August 2, 2024

More selection not translating to more transactions

Newly listed properties on the MLS® rose nearly twenty per cent year over year in July, sustaining a healthy level of inventory.

July 3, 2024

Market shifting in buyers’ favour, though hesitation remains

With reduced buyer competition, inventory has accumulated to levels not seen since the spring of 2019.

June 4, 2024

Home sales down in May while inventory continues to increase

Transactions decreased compared to what is typical for this time of year, and inventory has risen to more than 13,000 homes.

May 2, 2024

Inventory at highest level since pandemic summer of 2020

Although the housing inventory has climbed steadily since the increase in interest rates, demand hasn't weakened.

April 3, 2024

More seller activity giving buyers more choice this spring

The number of listings rose nearly 23 per cent year-over-year, providing more opportunity for buyers.

March 5, 2024

Home sellers bring much-needed inventory to housing market

New listings rose 31 per cent year-over-year in February, bringing a significant number of properties to the market.

February 2, 2024

Home sales in Metro Vancouver off to strong start in 2024

Conditions in January began shifting back in favour of sellers as the pace of newly listed properties didn't keep up with home sales.

January 3, 2024

Metro Vancouver housing market resilient in 2023

Housing market ends 2023 with a balanced market, but totals mask surprising resilience in face of the highest borrowing costs in over a decade.

December 4, 2023

Balanced conditions come to housing market for holiday time

A steady increase in housing inventory offers home buyers among the largest selection to choose from since 2021.

November 2, 2023

Metro Vancouver housing market holds steady in October

Increase in newly listed properties provides more choice to home buyers, but sales remain below long-term averages.

October 4, 2023

As inventory increases, price gains relent for fall season

Due to an increase in the number of homes listed and higher mortgage rates, prices gaines have slowed.

September 5, 2023

Seasonal slowdown brings price stability to Metro Vancouver

Higher borrowing affecting housing market, with price gains cooling and sales slowing along the typical seasonal pattern.

August 2, 2023

Strong sales push home prices past July rate hike

Home prices across all home types rose again in July, as strong sales figures continue to push up against low levels of housing inventory.

July 5, 2023

Home prices continue to rise to kick off summer

The benchmark price for all home types increases again this month as buyers vie for a limited number of homes for sale.

June 5, 2023

Competition heats up among buyers as summer arrives

The housing market is showing signs of heating up as summer arrives, with prices increasing for the sixth consecutive month.

May 2, 2023

Prices continue rising as home buyer confidence returns

With listing activity remaining below historical norms, home sales in Metro Vancouver have mounted a surprising comeback.

Real Estate News