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 […]
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 […]
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. […]
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 […]
Greater Vancouver real estate is feeling pressure from the pandemic, but how much is up for debate. Real Estate Board of Greater Vancouver (REBGV) sales are down to multi-decade lows for April. That much is clear. Price indicators are all over the place though, with the slow moving benchmark showing the highest price growth in […]
Greater Vancouver real estate buyers didn’t yield to warnings of pandemic. Real Estate Board of Greater Vancouver (REBGV) data shows a big climb in real estate sales for March. Despite warnings of a public health emergency, buyers still jumped into the market. It wasn’t until the province declared a state of emergency did buyers slow. […]
Greater Vancouver real estate may be out of the gutter – for now at least. Real Estate Board of Greater Vancouver (REBGV) data shows sales made a big improvement in January. Real estate sales volumes haven’t returned to typical levels, but a drop in inventory led to a better balance. Prices are now only down […]
Greater Vancouver real estate market is seeing a big return from buyers. Real Estate Board of Greater Vancouver (REBGV) numbers show sales surged in November. Higher sales were accompanied by less inventory, helping to bring prices up for a second month. Despite the 2 months of rising, annual price growth remains negative. Although the gap […]
Greater Vancouver real estate sales have made a massive jump from last year, but it’s not nearly enough. Real Estate Board of Greater Vancouver (REBGV) numbers show sales climbed over 40% in September. The massive increase in sales volume wasn’t enough to stop prices from falling. In the City of Vancouver, prices are back to […]
Greater Vancouver real estate is improving, but it’s not even close to normal yet. Real Estate Board of Greater Vancouver (REBGV) numbers show a big climb in sales in August. The rise in sales was met with a jump in inventory though, offsetting most of the improvement. The region continued to see falling prices, with […]
