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Category: British Columbia

Vancouver

Vancouver Detached Real Estate Prices Drop, Sales Decline Over 40%

October 9, 2018

Greater Vancouver’s detached real estate market had a rough start to fall. Real Estate Board of Greater Vancouver (REBGV) numbers show nearly every major market indicator deteriorate in September. Generally speaking, the detached market saw lower prices, plummeting sales, and higher inventory. Vancouver Detached Real Estate Prices Drop Over $76k The price of a typical […]

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Vancouver

Vancouver Real Estate Just Had The Worst September In 27 Years

October 3, 2018

Vancouver real estate is seeing rapid deceleration of price gains, and printed the worst sales numbesr in 27 years.

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Vancouver

Vancouver Detached Real Estate Prices Drop Over $27,000

September 11, 2018

Vancouver real estate is seeing the worst sales in years, and detached homes were no exception. Real Estate Board of Greater Vancouver (REBGV) numbers show detached sales continued to grind lower in August. The decline in detached sales, combined with a rise in inventory, helped to push prices tens of thousands of dollars lower. Vancouver […]

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Vancouver

Vancouver Real Estate Sales Drop Over 36%, Slowest Price Growth Since 2014

September 6, 2018

Vancouver real estates is finally starting to cool down, but it’s doing so incredibly fast. Real Estate Board of Greater Vancouver (REBGV) numbers show growth deceleration in August. This is the sixth consecutive month we’ve seen price growth slow. The slowing growth is largely due to sales plummeting, while inventory begins to soar. Greater Vancouver […]

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Vancouver

Vancouver Condo Inventory Jumps 66%, Largest Monthly Price Decline Since 2012

August 15, 2018

The Greater Vancouver condo market is quickly changing. Real Estate Board of Greater Vancouver (REBGV) numbers show July saw inventory surge. The rise in inventory was met with big declines in sales, releasing a lot of the pressure for prices to rise. Vancouver Condo Prices Fall For A Second Month The price of a typical […]

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Vancouver

The Vancouver Detached Real Estate Market Officially Plunges Into Negative Territory

August 7, 2018

Greater Vancouver detached real estate printed its first negative annual negative price movement in almost 5 years.

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Vancouver

Vancouver Real Estate Sales Hit 18 Year Low, Prices See Slowest Growth Since 2015

August 6, 2018

Vancouver real estate just had the worst July for sales in nearly two decades, sending price growth tumbling down to 2015 levels.

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Vancouver

Inventory of Vancouver Real Estate Soars To A 3 Year High, Prices Stall

July 5, 2018

Vancouver real estate is finally returning to reality. Real Estate Board of Greater Vancouver (REBGV) numbers show prices are still up from last year, but have stalled month-over-month. The stalled prices were accompanied by much lower sales, and multi-year highs for inventory. Greater Vancouver Home Prices Are Basically Flat From Last Month The price of […]

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Vancouver

Vancouver Real Estate Inventory Jumps 38%, Now At 34 Month High

Vancouver Real Estate Inventory Jumps 38% Higher, Now At 34 Month High
June 5, 2018

Real Estate Board of Greater Vancouver show prices across the region moved higher in May, despite falling sales and soaring inventory.

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Vancouver

Vancouver Households Have Over $185 Billion In Debt, Most of It Is Real Estate

Vancouver Households Have Over $185 Billion In Debt, Most of It Is Real Estate
May 23, 2018

Vancouver real estate debt has been soaring, but how much other debt do households have? Equifax numbers from the Canada Mortgage and Housing Corporation (CMHC) show that the majority of debt is real estate related, but there’s still a whack of consumer debt. When broken down into payments, more than a third goes to servicing […]

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