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Category: Vancouver

The hottest news and analysis on Vancouver real estate. Here’s where you’ll find the latest home prices, and trending issues on housing in Metro Vancouver.

Vancouver

Vancouver Real Estate Prices Have Trimmed $130k From Peak, Negative Annual Growth

December 6, 2022

Greater Vancouver real estate prices were slow to respond to higher rates, but it’s making up for lost time. Real Estate Board of Greater Vancouver (REBGV) data shows composite home prices made a sharp drop in November 2022. Since peaking earlier this year, the price of a typical home has dropped by more than $130,000, […]

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Vancouver

Greater Vancouver Real Estate Prices Just Made The Second Biggest Monthly Drop Ever

August 3, 2022

Greater Vancouver real estate continued its rut, like most of the country’s markets. Real Estate Board of Greater Vancouver (REBGV) data shows the price of a typical home fell in July. It was the third consecutive drop, coming in just a hair below the record. Despite the recent downturn, prices are still much higher than […]

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Canada | Vancouver

Greater Vancouver Real Estate Prices Fell $25k Last Month

July 6, 2022

Greater Vancouver real estate prices only showed a mild pullback while Toronto was plummeting, but it’s making up for lost time. Real Estate Board of Greater Vancouver (REBGV) data shows the benchmark price made a sharp drop in June. After barely budging in May, prices are now falling tens of thousands per week.  Greater Vancouver […]

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Vancouver

Vancouver Real Estate Now Balanced, Price Methodology Change Makes It Tricky To See

June 2, 2022

Greater Vancouver real estate is cooling almost as fast as the market heated up. Real Estate Board of Greater Vancouver (REBGV) data shows the price of a typical home fell in May. The drops were accompanied by falling home sales too. In fact, demand has fallen so fast that only a minor increase in supply […]

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Vancouver

Greater Vancouver Real Estate Sales Drop 30%, Enters Balanced Market

May 3, 2022

Greater Vancouver real estate is adjusting to a world with higher rates very quickly. Real Estate Board of Greater Vancouver (REBGV) data shows home sales fell sharply in April. They even fell faster than inventory, actually releasing pressure on prices to rise. Home prices are seeing growth decelerate fast as the region enters a “balanced […]

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Vancouver

Vancouver Real Estate Inventory Improves, Median Sales Price Falls

April 5, 2022

Vancouver real estate just had a little froth shaved off last month. Real Estate Board of Greater Vancouver (REBGV) data shows home prices jumped in March. Diving deeper, the benchmark climbed but median sale prices fell in the City. Mixed price indicators came as the hot market also showed signs of weakness. While inventory is […]

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Vancouver

Vancouver Real Estate Inventory Hits 30 Year Low As Prices Soar, And Sellers Pull Back

January 5, 2022

Greater Vancouver real estate prices are soaring as inventory hits the lowest level in decades. And why wouldn’t it? Selling would have been walking away from tens of thousands of dollars, shows Real Estate Board of Greater Vancouver (REBGV) data. In December, home prices accelerated to a new record, with the highest growth rate in […]

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Vancouver

Vancouver Real Estate Climbs $12,000 In A Month, Sees Biggest Growth Since 2018

December 2, 2021

Greater Vancouver real estate took a while to notice the credit injection, but it’s making up the lost time. Real Estate Board of Greater Vancouver (REBGV) data shows home prices hit a record in November. The price of a typical home is now rising at the fastest annual rate since 2018. A Typical Home In […]

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Vancouver

Vancouver Real Estate Reverses Course Post-Election As Prices Jump Over $9,000

October 4, 2021

Greater Vancouver real estate prices got an abrupt bump last month. Composite home prices jumped in September, according to the Real Estate Board of Greater Vancouver (REBGV). Prior to last month, the market had been slowing after large growth over the past year. Even with a recent boom, homeowners that bought at the previous peak […]

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Vancouver

Greater Vancouver Condo Prices Pull Back In July, Flat From 3 Years Ago

August 10, 2021

It looked like Vancouver’s condo market was picking up, but it hasn’t made up its mind. Real Estate Board of Greater Vancouver (REBGV) data shows condo prices fell in July. Over the past year, this segment has been relatively weak compared to the rest of the country. Just a few months ago that looked like […]

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