Greater Vancouver’s condo market continued to cool quickly. Real Estate Board of Greater Vancouver (REBGV) numbers show prices are near flat in December. The rapid decline in price growth was accompanied by doubling inventory, and a multi-year low for December sales. Greater Vancouver Condo Prices Are Up Less Than A Point Condo prices in Greater […]
Vancouver’s detached real estate market has wiped out over a year of gains. Real Estate Board of Greater Vancouver (REBGV) numbers show prices continued to fall in December. The falling prices were accompanied by a record low for sales, and higher inventory. Greater Vancouver Detached Prices Fall Over 7% The price of a typical Vancouver […]
Vancouver real estate, welcome to the bear market. Real Estate Board of Greater Vancouver (REBGV) numbers show price declines became larger in December. The drop in prices came with a huge decline in sales, and a surge in inventory. Greater Vancouver Real Estate Prices Fall Over 2.7% The price of a “typical” home across Greater […]
Greater Vancouver condo prices are cooling down in a big way. Real Estate Board of Greater Vancouver (REBGV) numbers show price appreciation has fallen to a multi-year low in November. The slowing growth was accompanied by plummeting sales, and soaring inventory. Greater Vancouver Condo Prices Dropped Over $15k Last Month The price of a condo […]
The bloodbath for Vancouver’s detached real estate market continues. Real Estate Board of Greater Vancouver (REBGV) numbers show a sharp decline in prices for November. The decline was largely the result of declining sales, and rising inventory. Greater Vancouver Detached Real Estate Prices Fall Over 6% The price of a typical detached home in Greater […]
The Greater Vancouver real estate market has officially flipped upside down. The Real Estate Board of Greater Vancouver (REBGV) reported November saw the first annual price drop across the region in years. The price drop isn’t a surprise, as a sharp decline in sales is being met with a big rise of inventory. Greater Vancouver […]
Greater Vancouver condo buyers are having a sudden shift in sentiment. Real Estate Board of Greater Vancouver (REBGV) numbers show price growth continued the trend of rapid price deceleration in September. The deceleration was most likely due to rising inventory and falling sales. The condo market has now exited a seller’s market for the first […]
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 […]
Vancouver real estate is seeing rapid deceleration of price gains, and printed the worst sales numbesr in 27 years.
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 […]