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Tag: REBGV

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

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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Vancouver

Greater Vancouver Detached Real Estate And Condos Are Both Flat From 3 Years Ago

January 7, 2021

Greater Vancouver real estate is seeing big price growth, but it hasn’t made up for lost ground yet. Real Estate Board of Greater Vancouver (REBGV) data shows prices generally increased in December. Some segments even printed very large year over year gains. However, the board’s data also shows prices are still around where they were […]

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Vancouver

Greater Vancouver Detached Real Estate Prices Rise, While Condos Slip Lower

October 7, 2020

Greater Vancouver real estate had a huge month for sales, but condos are showing weakness. Real Estate Board of Greater Vancouver (REBGV) data shows composite prices grew in September. Breaking down the price trend by segment, we see two different markets. Detached prices are higher than the month before, with the annual rate of growth […]

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Vancouver

Greater Vancouver Detached Real Estate Sales Have Best August Since 2015

September 10, 2020

Greater Vancouver detached real estate sales are still enjoying the delayed spring rush this summer. Real Estate Board of Greater Vancouver (REBGV) data shows detached sales had the biggest August since 2015. Prices are also seeing growth accelerate as well, but higher inventory levels mean it’s nowhere near as tight as half a decade ago. […]

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Vancouver

Vancouver Condo Sellers Are Listing At The Fastest Pace In Over Half A Decade

August 24, 2020

Vancouver real estate has seen a big boost in buying activity, even condos. Real Estate Board of Greater Vancouver (REBGV) data shows sales jumped in July. The increase isn’t translating into the price gains seen in the general market though. This is due to the large number of new listings for condos, which hit the […]

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Vancouver

Vancouver Real Estate Prices Just Below Pre-Pandemic Levels, As New Listings Jump

August 6, 2020

Greater Vancouver real estate was surprisingly busy for the middle of a pandemic. Real Estate Board of Greater Vancouver (REBGV) data shows sales ripped higher in July. The increase in sales was enough to push prices higher, but they remain below pre-pandemic levels. Greater Vancouver Real Estate Prices Just Below Pre-Pandemic Levels Greater Vancouver real […]

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Vancouver

Greater Vancouver Sees Biggest Single-Month Surge of Inventory In Half A Decade

July 27, 2020

A lot of Greater Vancouver condo owners all had the same idea – last month was the perfect month to sell. Real Estate Board of Greater Vancouver (REBGV) data shows June saw the largest single-month surge of new condo apartment listings in at least half a decade. While sales did also rise from last year’s […]

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Vancouver

Vancouver Real Estate Sales Are Back, But Prices Still Falling From Peak

July 7, 2020

Greater Vancouver real estate sales are returning to pre-pandemic levels, but it’s not quite the same. Real Estate Board of Greater Vancouver (REBGV) data shows June sales are almost at last year’s levels. Despite the increase, new listings are hitting the market at such a rapid pace, prices are actually falling further from the peak. […]

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Vancouver

Vancouver Real Estate Prices Slide, With Typical Home Dropping $7,600 Last Month

June 2, 2020

Greater Vancouver real estate is still adjusting to the pandemic, but buyers seem to be more deterred than sellers. Real Estate Board of Greater Vancouver (REBGV) data shows the price of a typical home made a significant monthly decline in May. Inventory fell from last year’s levels, but didn’t drop nearly as much as sales […]

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