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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.

Canada | Vancouver

Vancouver Mortgage Delinquencies Return To Pre-Pandemic Levels

August 15, 2024

Vancouver real estate has fared well since the market slowed, but signs of stress are appearing. Equifax data shows Vancouver mortgage delinquencies climbed in Q1 2024. The delinquency rate remains relatively low, but it made a sharp turn and has already climbed back to pre-pandemic levels. Slow borrowing and sales still persist, meaning this trend […]

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Vancouver

Vancouver Real Estate Prices Surge $21k Higher In Just One Month

April 5, 2023

Greater Vancouver real estate prices barely corrected, but they’re already back to climbing. Real Estate Board of Greater Vancouver (REBGV) data shows the price of a composite benchmark home climbed in March. It was actually a huge jump in price, but at least one of the Big Six banks sees it being just a blip, […]

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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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