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Steady increases in home sale and listing activity continue in June

July 3rd, 2020
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Steady increases in home sale and listing activity continue in June

 

Home buyers and sellers have gradually become more active in each month of the COVID-19 pandemic. In June, home sale and listing activity in Metro Vancouver* returned to more historically typical levels.

 

The Real Estate Board of Greater Vancouver (REBGV) reports that residential home sales in the region totalled 2,443 ...

Home prices remain steady

June 2nd, 2020

Home prices remain steady, buyers and sellers become more comfortable operating in today’s market

 

Metro Vancouver home prices have remained steady since provincial health officials implemented physical distancing requirements in March.

 

The Real Estate Board of Greater Vancouver (REBGV) reports that the MLS® Home Price Index1 composite benchmark price for all residential properties in ...

Home sales and listings down amid COVID-19

May 4th, 2020

Home sales and listings down amid COVID-19, new tools and practices emerge to help buyers and sellers adapt

 

While Metro Vancouver home sale and listing activity remains limited by the COVID-19 situation, REALTORS® across the region are fast adopting new tools and practices to help advise and serve their clients in a responsible way. 

  

The Real Estate Board of Greater Vancouver (REBGV) ...

Home buyers and sellers adjust their activities in March amid challenging circumstances

April 2nd, 2020

Home buyers and sellers adjust their activities in March amid challenging circumstances

 

Metro Vancouver’s* housing market saw steady home buyer demand to begin March and a levelling off of activity as the month went on and concerns about the COVID-19 outbreak intensified. 

 

The Real Estate Board of Greater Vancouver (REBGV) reports that residential home sales in the region totalled 2 ...

Commercial real estate activity remains below the pace of recent years

April 2nd, 2020

Commercial real estate activity remains below the pace of recent years

 

Sales and dollar value activity in the Lower Mainland’s commercial real estate market declined in 2019 compared to long-term historical averages.

 

There were 1,538 commercial real estate sales in the Lower Mainland in 2019, a 32.8 per cent decrease from the 2,288 sales in 2018 and a 41.5 per cent decline compared to ...

Steady demand and low supply benefits home sellers

March 3rd, 2020

Steady demand and low supply benefits home sellers

 

February saw steady home buyer demand and reduced home seller supply across Metro Vancouver.

 

The Real Estate Board of Greater Vancouver (REBGV) reports that residential home sales in the region totalled 2,150 in February 2020, a 44.9 per cent increase from the 1,484 sales recorded in February 2019, and a 36.9 per cent increase from th ...

BC Budget 2020

March 3rd, 2020
BC Budget 2020

On February 18th, 2020, the Honourable Carole James, Minister of Finance and Deputy Premier, presented BC Budget 2020-21.  This was the Minister’s third full budget since her Government took power.
 
The Minister stated BC continues to lead the country in economic growth, is the only province in Canada with a Triple-A credit rating and, has the lowest unemployment rate of all prov ...

Home sale activity up, supply down to start 2020

February 4th, 2020

Home sale activity up, supply down to start 2020

 

Home sale and price activity remained steady in Metro Vancouver to start 2020 while home listing activity declined in January.

 

The Real Estate Board of Greater Vancouver (REBGV) reports that residential home sales in the region totalled 1,571 in January 2020, a 42.4 per cent increase from the 1,103 sales recorded in January 2019, and a ...

Real Estate Metro Vancouver’s apartment building sales drop

January 22nd, 2020

Metro Vancouver’s apartment building sales drop in tight rental market

Vacancies flat

According to Simon Fraser University associate professor Josh Gordon, the biggest driver of rental vacancies in a given market is economic activity.

“The low vacancy rate is a product of a high economy – nothing more, nothing less,” he said last fall ...

Home sales decline below long-term averages in 2019

January 6th, 2020

Home sales decline below long-term averages in 2019 despite increased demand to end the year

The Metro Vancouver housing market experienced below average sales activity and moderate price declines in 2019.

 

The Real Estate Board of Greater Vancouver (REBGV) reports that sales of detached, attached and apartment homes reached 25,351 in 2019, a three per cent increase from the 24,619 sales ...

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