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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

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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Vancouver

Vancouver Home Prices See 5-Figure Monthly Drop, As Resistance Suddenly Appears

July 6, 2021

Vancouver Home Prices See 5-Figure Monthly Drop, As Resistance Suddenly Appears Greater Vancouver real estate prices have been on a tear, but that may be coming to an end. Real Estate Board of Greater Vancouver (REBGV) data shows prices generally climbed in June. Broken down by region though, the trend isn’t quite as positive. In […]

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Vancouver

Vancouver Homes See A Flood of New Listings Cut Monthly Price Growth In Half

June 2, 2021

Greater Vancouver real estate is starting to see some signs of price growth cooling. Real Estate Board of Greater Vancouver (REBGV) data shows home prices hit a new high in May. It did so with the annual monthly growth accelerating even faster. However, the monthly price increase was much smaller than the one made in […]

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Vancouver

Greater Vancouver New Home Sales Jump, As Market Braces For Flood of Inventory

May 25, 2021

Greater Vancouver new home sales are on the rise, as the market gobbles up new inventory. MLA Canada data shows April was a busy month for new home inventory, with buyers absorbing more than half of units launched. Pandemic delays led to a significant backlog of inventory though, that will be coming to market soon. […]

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Vancouver

Vancouver Real Estate Prices Soar Over $30k After Canada Creates More Moral Hazard

May 4, 2021

Greater Vancouver real estate prices are rising at an even faster past these days. Real Estate Board of Greater Vancouver (REBGV) data shows home prices hit a new record high in April. Home prices were already fast growing, but the annual rate went parabolic in February. This is shortly after a series of statements from […]

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