Prospective home buyers remain on the sidelines in March
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- Robert Green
- 5 years ago
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1 News Release FOR IMMEDIATE RELEASE: Prospective home buyers remain on the sidelines in VANCOUVER, BC April 2, Metro Vancouver* home sales dipped to the lowest levels seen in in more than three decades. The Real Estate Board Greater Vancouver (REBGV) reports that residential home sales in the region totalled 1,727 in, a 31.4 per cent decrease from the 2,517 sales recorded in 2018, and a 16.4 per cent increase from the 1,484 homes sold in February. Last month s sales were 46.3 per cent below the 10-year sales average and was the lowest total for the month since "Housing demand today isn t aligning with our growing economy and low unemployment rates. The market trends we re seeing are largely policy induced," Ashley Smith, REBGV president said. "For three years, governments at all levels have imposed new taxes and borrowing requirements on to the housing market. What policymakers are failing to recognize is that demand-side measures don t eliminate demand, they sideline potential home buyers in the short term. That demand is ultimately satisfied down the line because shelter needs don t go away. Using public policy to delay local demand in the housing market just feeds disruptive cycles that have been so well-documented in our region." There were 4,949 detached, attached and apartment properties newly listed for sale on the Multiple Listing Service (MLS ) in Metro Vancouver in. This represents an 11.2 per cent increase compared to the 4,450 homes listed in 2018 and a 27.2 per cent increase compared to February when 3,892 homes were listed. The total number homes currently listed for sale on the MLS system in Metro Vancouver is 12,774, a 52.4 per cent increase compared to 2018 (8,380) and a 10.2 per cent increase compared to February (11,590). For all property types, the sales-to-active listings ratio for is 13.5 per cent. By property type, the ratio is 9.4 per cent for detached homes, 15.9 per cent for townhomes, and 17.2 per cent for apartments. Generally, analysts say downward pressure on home prices occurs when the ratio dips below 12 per cent for a sustained period, while home prices ten experience upward pressure when it surpasses 20 per cent over several months.
2 The MLS Home Index composite benchmark price for all residential properties in Metro Vancouver is currently $1,011,200. This represents a 7.7 per cent decrease from 2018, and a 0.5 per cent decrease compared to February. detached homes in reached 529, a 26.7 per cent decrease from the 722 sales in The benchmark price for a detached home is $1,437,100. This represents a 10.5 per cent decrease from 2018, and a 0.4 per cent decrease compared to February. apartment homes reached 873 in, a 35.3 per cent decrease compared to the 1,349 sales in The benchmark price an apartment property is $656,900. This represents a 5.9 per cent decrease from 2018, and a 0.5 per cent decrease compared to February. Attached home sales in totalled 325, a 27.1 per cent decrease compared to the 446 sales in The benchmark price an attached home is $783,600. This represents a six per cent decrease from 2018, and a 0.7 per cent decrease compared to February *Editor s Note: Areas covered by the Real Estate Board Greater Vancouver include: Burnaby, Coquitlam, Maple Ridge, New Westminster, North Vancouver, Pitt Meadows, Port Coquitlam, Port Moody, Richmond, South Delta, Squamish, Sunshine Coast, Vancouver, West Vancouver, and Whistler. The real estate industry is a key economic driver in British Columbia. In 2018, 24,619 homes changed ownership in the Board s area, generating $1.7 billion in economic spin-f activity and an estimated 11,720 jobs. The total dollar value residential sales transacted through the MLS system in Greater Vancouver totalled $26 billion in The Real Estate Board Greater Vancouver is an association representing more than 14,000 REALTORS and their companies. The Board provides a variety member services, including the Multiple Listing Service. For more information on real estate, statistics, and buying or selling a home, contact a local REALTOR or visit For more information please contact: Craig Munn Manager, Communication Real Estate Board Greater Vancouver cmunn@rebgv.org
3 * Property Type Area Benchmark Index 1 Month 3 Month 6 Month 1 Year 3 Year 5 Year 10 Year Residential / Composite Lower Mainland $955, % -1.5% -4.8% -6.3% 27.5% 66.7% 103.1% Greater Vancouver $1,011, % -2.1% -5.6% -7.7% 21.2% 60.9% 102.5% Bowen Island $987, % -1.4% 1.3% 0.9% 51.1% 74.3% 76.2% Burnaby East $939, % -3.1% -6.6% -8.3% 20.9% 58.6% 102.3% Burnaby North $870, % -2.3% -6.3% -6.7% 25.6% 64.7% 102.5% Burnaby South $981, % -1.1% -4.1% -6.8% 31.7% 68.4% 114.4% Coquitlam $904, % -1.8% -5.8% -5.8% 28.7% 74.6% 114.0% Ladner $830, % -2.4% -5.8% -4.9% 10.4% 52.4% 78.2% Maple Ridge $752, % -1.9% -4.8% -5.1% 43.5% 79.7% 90.5% New Westminster $649, % -4.3% -6.2% -6.0% 38.1% 75.3% 112.7% North Vancouver $1,018, % -1.7% -6.0% -9.2% 16.9% 55.9% 90.6% Pitt Meadows $749, % -1.7% -4.1% -3.6% 52.5% 86.8% 110.0% Port Coquitlam $745, % -0.7% -3.5% -7.0% 31.9% 76.2% 97.0% Port Moody $905, % -1.8% -5.5% -5.4% 28.3% 72.8% 102.6% Richmond $961, % -2.8% -6.7% -7.5% 19.7% 60.2% 109.6% Squamish $754, % 0.6% -3.5% -3.5% 42.7% 93.9% 85.8% Sunshine Coast $610, % -1.7% 1.1% 0.0% 47.7% 79.1% 74.0% Tsawwassen $932, % -3.5% -8.3% -8.5% 8.1% 53.4% 82.6% Vancouver East $1,025, % -1.3% -6.4% -8.2% 19.4% 62.3% 120.9% Vancouver West $1,239, % -2.6% -5.3% -10.1% 10.4% 47.9% 100.9% West Vancouver $2,212, % -3.3% -7.7% -16.7% -6.2% 34.3% 100.4% Whistler $906, % 1.0% -4.2% -4.5% 46.7% 94.6% 53.2% Single Family Detached Lower Mainland $1,230, % -1.7% -4.9% -7.9% 14.2% 58.5% 107.1% Greater Vancouver $1,437, % -2.8% -6.7% -10.5% 6.4% 51.5% 108.2% Bowen Island $987, % -1.4% 1.3% 0.9% 51.1% 74.3% 76.2% Burnaby East $1,154, % -0.1% -7.5% -11.8% 5.6% 51.7% 107.4% Burnaby North $1,411, % -2.6% -5.8% -8.6% 3.8% 50.2% 111.1% Burnaby South $1,545, % -1.6% -2.8% -7.7% 10.8% 56.6% 136.5% Coquitlam $1,161, % -4.3% -9.6% -10.0% 10.4% 59.7% 107.4% Ladner $954, % -1.0% -5.2% -5.3% 4.2% 51.5% 79.9% Maple Ridge $813, % -1.3% -5.9% -4.5% 35.2% 78.4% 92.2% New Westminster $1,038, % -1.9% -7.1% -11.8% 6.5% 53.0% 106.5% North Vancouver $1,502, % -2.6% -7.3% -12.8% 3.8% 54.1% 96.5% Pitt Meadows $912, % 0.1% -1.6% -2.2% 37.9% 85.0% 108.6% Port Coquitlam $920, % -2.8% -6.5% -10.4% 11.5% 64.1% 98.6% Port Moody $1,402, % -5.6% -6.8% -5.5% 14.6% 60.0% 105.7% Richmond $1,546, % -2.9% -7.0% -12.6% 3.5% 54.4% 123.6% Squamish $980, % 0.5% -0.5% -2.2% 44.6% 95.9% 100.3% Sunshine Coast $604, % -1.5% 0.7% -0.2% 46.9% 78.6% 72.3% Tsawwassen $1,161, % -2.6% -8.3% -8.9% 4.5% 57.2% 99.8% Vancouver East $1,390, % -3.9% -7.5% -10.5% 7.9% 56.9% 134.5% Vancouver West $3,026, % -3.5% -7.0% -12.3% -1.5% 38.9% 128.1% West Vancouver $2,583, % -3.4% -7.0% -17.1% -9.1% 32.0% 107.2% Whistler $1,705, % 0.4% -2.2% -3.4% 42.3% 84.0% 74.3% HOW TO READ THE TABLE: Benchmark : Estimated sale price a benchmark property. Benchmarks represent a typical property within each market. Index: Index numbers estimate the percentage change in price on typical and constant quality properties over time. All figures are based on past sales. x Month/Year : Percentage change index over a period x month(s)/year(s) In January 2005, the indexes are set to 100. Townhome properties are similar to Attached properties, a category that was used in the previous MLSLink HPI, but do not included duplexes. The above info is deemed reliable, but is not guaranteed. All dollar amounts in CDN. * * MLS, Multiple Listing Service, and all related graphics are trademarks The Canadian Real Estate Association 1 15
4 * Property Type Area Benchmark Index 1 Month 3 Month 6 Month 1 Year 3 Year 5 Year 10 Year Townhouse Lower Mainland $665, % -3.0% -6.0% -5.5% 34.5% 65.1% 86.3% Greater Vancouver $783, % -3.2% -6.5% -6.0% 27.6% 62.5% 91.4% Burnaby East $671, % -3.6% -6.6% -2.7% 44.9% 59.2% 89.0% Burnaby North $726, % 0.2% -5.5% -3.7% 31.6% 68.4% 103.6% Burnaby South $779, % -1.4% -5.3% -5.8% 37.2% 65.5% 101.3% Coquitlam $638, % -4.4% -6.9% -7.4% 24.7% 61.4% 85.2% Ladner $732, % -3.7% -6.8% -6.0% 15.8% 51.0% 87.2% Maple Ridge $534, % -3.3% -4.4% -7.1% 52.8% 76.4% 87.0% New Westminster $691, % -3.1% -5.2% -2.4% 28.1% 64.0% 103.9% North Vancouver $952, % -4.2% -6.8% -5.2% 24.2% 59.4% 90.1% Pitt Meadows $610, % -4.1% -7.2% -2.6% 55.8% 84.1% 101.5% Port Coquitlam $613, % -3.1% -7.0% -8.6% 24.3% 66.0% 78.9% Port Moody $636, % -3.8% -5.9% -3.6% 22.0% 57.2% 71.5% Richmond $791, % -3.5% -8.2% -4.7% 25.7% 54.6% 96.9% Squamish $655, % -1.7% -9.8% -5.9% 30.4% 76.7% 77.3% Tsawwassen $705, % -5.8% -8.5% -6.6% 16.7% 50.1% 92.4% Vancouver East $821, % -3.4% -6.0% -9.6% 13.8% 60.7% 97.4% Vancouver West $1,184, % -4.2% -3.6% -6.8% 19.5% 62.7% 103.4% Whistler $872, % -1.0% -8.7% -5.1% 39.4% 84.7% 73.3% Apartment Lower Mainland $645, % -0.7% -4.3% -5.2% 46.6% 78.5% 104.9% Greater Vancouver $656, % -1.1% -4.4% -5.9% 38.6% 70.9% 101.4% Burnaby East $722, % -6.2% -5.9% -10.4% 35.1% 64.7% 101.3% Burnaby North $602, % -2.6% -6.5% -6.0% 48.4% 77.5% 100.3% Burnaby South $681, % -0.6% -4.0% -6.3% 47.4% 78.9% 109.3% Coquitlam $522, % 0.7% -2.7% -2.5% 57.6% 97.2% 127.5% Ladner $432, % -6.3% -8.0% -5.8% 23.2% 46.7% 51.6% Maple Ridge $352, % -2.3% -3.2% -5.6% 63.7% 80.2% 79.5% New Westminster $516, % -5.0% -6.3% -5.4% 53.0% 83.2% 113.9% North Vancouver $567, % 0.0% -4.8% -7.0% 35.9% 57.3% 83.2% Pitt Meadows $492, % -2.1% -5.3% -7.6% 65.5% 87.6% 107.1% Port Coquitlam $459, % 1.9% 0.5% -3.9% 65.6% 92.8% 100.7% Port Moody $635, % 1.3% -4.7% -5.9% 48.5% 92.9% 120.6% Richmond $653, % -2.3% -5.4% -3.3% 47.5% 75.2% 108.6% Squamish $469, % 3.0% -2.8% -4.4% 51.2% 125.9% 69.0% Tsawwassen $465, % -5.5% -7.2% -5.2% 29.6% 52.3% 45.0% Vancouver East $547, % 1.8% -4.8% -5.2% 40.4% 71.9% 111.9% Vancouver West $769, % -1.8% -4.3% -8.9% 20.4% 56.5% 94.2% West Vancouver $1,116, % -2.2% -8.1% -12.7% 21.3% 57.0% 85.6% Whistler $511, % 2.9% -1.9% -4.5% 65.6% 156.3% 26.7% HOW TO READ THE TABLE: Benchmark : Estimated sale price a benchmark property. Benchmarks represent a typical property within each market. Index: Index numbers estimate the percentage change in price on typical and constant quality properties over time. All figures are based on past sales. x Month/Year : Percentage change index over a period x month(s)/year(s) In January 2005, the indexes are set to 100. Townhome properties are similar to attached properties, a category that was used in the previous MLSLink HPI, but do not included duplexes. Lower Mainland includes areas serviced by both Real Estate Board Greater Vancouver & Fraser Valley Real Estate Board. The above info is deemed reliable, but is not guaranteed. All dollar amounts in CDN. * * MLS, Multiple Listing Service, and all related graphics are trademarks The Canadian Real Estate Association 2 15
5 Nov 2017 Sep 2017 Jul 2017 May 2017 Mar 2017 Jan 2017 Nov 2016 Sep 2016 Jul 2016 May 2016 Mar 2016 Jan 2016 Nov 2015 Sep 2015 Jul 2015 May 2015 Mar 2015 Jan 2015 Nov 2014 Sep 2014 Jul 2014 May 2014 Mar 2014 C:\DATA\MonthEnd\Hpi\export\hi_res\gv-hpi2.tif Greater Vancouver 5 Year Trend Jan 2005 HPI = Residential Detached Townhouse Apartment Index Mar Jan Nov 2018 Sep 2018 Jul 2018 May 2018 Mar 2018 Jan 2018
6 Burnaby Coquitlam Delta - South Islands - Gulf Maple Ridge/Pitt Meadows New Westminster North Vancouver Port Coquitlam Port Moody/Belcarra Richmond Squamish Sunshine Coast Vancouver East Vancouver West West Vancouver/Howe Sound Whistler/Pemberton 3 26 MLS SALES Facts Detached Attached Apartment Detached $1,427,000 $1,165,000 $1,099,750 n/a $835,000 n/a $1,547,500 n/a n/a $1,538,500 n/a $610,000 $1,385,000 $2,800,000 $2,380,000 n/a Attached $815,000 $808,900 n/a n/a $535,000 n/a $976,500 n/a n/a $856,250 n/a n/a $950,000 $1,200,000 n/a $1,190,000 n/a Apartment $574,250 $527,000 n/a n/a $402,500 $520,000 $600,000 $407,750 $580,000 $540,500 n/a n/a $558,350 $775,000 n/a $376,000 February Detached Attached Apartment Detached $1,489,150 $1,195,000 n/a n/a $812,500 n/a $1,470,000 n/a n/a $1,500,000 n/a $582,000 $1,269,400 $2,700,000 $2,043,800 n/a Attached $740,000 $910,999 n/a n/a $549,900 n/a $1,028,000 n/a n/a $803,000 n/a n/a $1,015,000 $1,099,000 n/a n/a n/a Apartment $557,500 $478,000 n/a n/a $368,000 $482,500 $648,000 $410,000 n/a $541,000 n/a n/a $576,000 $764,000 n/a n/a 2018 Detached Attached Apartment ,349 Detached $1,785,000 $1,375,000 $1,236,000 n/a $865,000 $1,126,500 $1,790,000 $1,025,000 n/a $1,687,000 $942,000 $597,500 $1,600,000 $2,981,500 $2,915,000 n/a Attached $797,100 $899,000 n/a n/a $540,000 n/a $1,105,000 $726,500 n/a $895,000 n/a n/a $1,112,000 $1,538,000 n/a $1,289,500 n/a Apartment $594,000 $540,000 $555,000 n/a $403,000 $536,500 $640,000 $480,000 $642,000 $613,500 n/a n/a $621,950 $806,500 n/a $544,900 Jan. - Mar. Year-to-date Detached ,316 Attached Apartment ,191 Detached $1,450,000 $1,155,000 $1,017,500 n/a $818,500 $1,160,000 $1,550,000 $875,000 $1,180,000 $1,511,500 $1,027,500 $587,500 $1,325,000 $2,735,000 $2,275,000 $2,075,000 Attached $750,000 $769,500 $688,000 n/a $527,900 $717,500 $1,009,750 $622,950 n/a $828,800 $645,000 n/a $969,000 $1,210,000 n/a $1,188,000 n/a Apartment $569,000 $509,000 $453,500 n/a $380,000 $505,000 $592,000 $398,500 $591,800 $533,888 $430,000 n/a $570,000 $765,000 $1,082,500 $419,000 Jan. - Mar Year-to-date Detached ,830 Attached ,166 Apartment ,546 Detached $1,695,000 $1,337,500 $1,128,000 n/a $879,000 $1,265,000 $1,740,000 $1,000,000 n/a $1,700,000 $918,000 $623,324 $1,600,000 $3,315,000 $2,910,000 $2,075,000 Attached $770,000 $816,250 $749,000 n/a $555,000 $778,000 $1,025,000 $708,000 $735,000 $876,000 $653,500 $369,900 $1,122,000 $1,450,000 n/a $1,188,000 n/a Apartment $601,688 $547,000 $539,950 n/a $376,000 $525,000 $670,000 $441,000 $600,786 $585,000 $461,950 $495,550 $625,900 $850,000 $1,320,000 $419,000 Note: s are not reported for areas with less than 20 sales or for the Gulf Islands
7 Burnaby Coquitlam Delta - South Islands - Gulf Maple Ridge/Pitt Meadows New Westminster North Vancouver Port Coquitlam Port Moody/Belcarra Richmond Squamish Sunshine Coast Vancouver East Vancouver West West Vancouver/Howe Sound Whistler/Pemberton 3 26 MLS LISTINGS Facts 8 5 Listings 0 Apartment Attached Detached , , Detached 52% % 56% Listings Apartment 40% 39% 18% n/a 60% 46% 42% 32% 52% 31% 74% 39% 41% 34% 27% to Attached 36% 22% 40% 28% 52% 22% 0% 0% 55% 35% 31% 25% 33% 48% 49% 30% 38% 25% 21% 24% 106% 38% 14% 33% 43% 25% 30% 34% 25% 19% 66% n/a February 2 0 Listings 0 Apartment Attached Detached , , Detached 67% % 30% Listings Apartment 58% 64% 78% n/a 49% 35% 38% 36% 48% 39% 50% 50% 48% 31% 28% to Attached 42% 26% 48% 31% 31% 30% n/a 54% 43% 47% 48% 52% 31% 47% 36% 31% 34% 33% 23% 72% 41% 88% 49% 50% 35% 26% 23% 21% 22% 51% 400% n/a 2018 Listings Apartment Attached Detached , , Detached 35% % 58% Listings Apartment 73% 81% 51% n/a 79% 79% 82% 89% 97% 59% 50% 100% 78% 62% 44% to Attached 66% 32% 73% 49% 82% 38% 0% 78% 63% 88% 57% 53% 43% 111% 60% 77% 29% 58% 36% 100% 69% 56% 43% 60% 35% 43% 23% 17% 24% 74% 42% n/a Jan. - Mar. Year-to-date* Listings Apartment Attached Detached , ,280 2,358 5, Detached 46% % 40% Listings Apartment 40% 42% 34% n/a 45% 41% 34% 31% 51% 30% 59% 34% 38% 29% 21% to Attached 31% 22% 38% 25% 36% 23% 0% 55% 34% 46% 30% 33% 32% 42% 32% 36% 27% 22% 17% 68% 36% 38% 36% 37% 27% 24% 23% 18% 17% 50% 79% n/a Jan. - Mar Year-to-date* Listings Apartment Attached Detached , ,180 1,992 5, Detached 72% % 68% Listings Apartment 73% 83% 58% n/a 101% 79% 72% 82% 86% 63% 53% 83% 66% 59% 51% to Attached 61% 33% 59% 46% 67% 31% 17% 75% 61% 69% 55% 60% 35% 71% 54% 68% 25% 58% 27% 80% 42% 58% 49% 50% 33% 40% 20% 26% 16% 68% 29% n/a * Year-to-date listings represent a cumulative total listings rather than total active listings.
8 Listing & Activity Summary Listings Col. 2 & Col. 6 & Col. 9 & 10 Mar Feb Mar Percentage Mar Feb Mar Percentage Jan Jan - Percentage 2018 Variance 2018 Variance Mar 2018 Mar Variance BURNABY % % % DETACHED ATTACHED APARTMENTS COQUITLAM DETACHED ATTACHED APARTMENTS DELTA DETACHED ATTACHED APARTMENTS MAPLE RIDGE/PITT MEADOWS DETACHED ATTACHED APARTMENTS NORTH VANCOUVER DETACHED ATTACHED APARTMENTS NEW WESTMINSTER DETACHED ATTACHED APARTMENTS PORT MOODY/BELCARRA DETACHED ATTACHED APARTMENTS PORT COQUITLAM DETACHED ATTACHED APARTMENTS RICHMOND DETACHED ATTACHED APARTMENTS SUNSHINE COAST DETACHED ATTACHED APARTMENTS SQUAMISH DETACHED ATTACHED APARTMENTS VANCOUVER EAST DETACHED ATTACHED APARTMENTS VANCOUVER WEST DETACHED ATTACHED APARTMENTS WHISTLER/PEMBERTON DETACHED ATTACHED APARTMENTS WEST VANCOUVER/HOWE SOUND DETACHED ATTACHED APARTMENTS GRAND TOTALS DETACHED ATTACHED APARTMENTS
9 Residential Average Sale s - January 1977 to IN THOUSANDS ($) DETACHED CONDOMINIUM ATTACHED APARTMENTS NOTE: From condominium averages were not separated into attached & apartment $1,593,480 $875,549 $653,702
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News Release FOR IMMEDIATE RELEASE: Demand for condominiums continues to outstrip supply VANCOUVER, BC July 5, The imbalance between supply and demand in the condominium market is creating home buyer competition
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News Release FOR IMMEDIATE RELEASE: Home sale activity improves but remains below historical averages VANCOUVER, B.C. April 3, Lower levels both supply and demand in recent months are holding home prices
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News Release FOR IMMEDIATE RELEASE: Steady trends continue in the Greater Vancouver housing market VANCOUVER, B.C. February 4, 2014 The first month 2014 saw home sale and listing totals outpace historical
More informationLast month s sales were 33.5 per cent above the 10-year sales average for the month.
News Release FOR IMMEDIATE RELEASE: Summer heat doesn t slow home buyer activity VANCOUVER, B.C. August 5, Metro Vancouver home sales were more than a third above the 10-year average in, while the number
More informationVANCOUVER, BC March 2, 2018 Metro Vancouver* home sales dipped below the longterm historical average in February.
News Release FOR IMMEDIATE RELEASE: Home buyers were less active in VANCOUVER, BC March 2, Metro Vancouver* home sales dipped below the longterm historical average in. The Real Estate Board Greater Vancouver
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News Release FOR IMMEDIATE RELEASE: Spring months bring balance to Greater Vancouver housing market VANCOUVER, B.C. June 4, While the number home sales in Greater Vancouver continued to trend below the
More informationHome sale and listing activity continue to chart a steady path for the region s housing market
News Release FOR IMMEDIATE RELEASE: Home sale and listing activity continue to chart a steady path for the region s housing market VANCOUVER, B.C. April 2, home sales in Greater Vancouver outpaced last
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News Release home sale activity increases in Greater Vancouver VANCOUVER, B.C. August 2, Sunny weather did not slow the pace home sale activity in. Last month was the highest selling month the year in
More informationSteady sales and diminished listings characterize 2017 for the Metro Vancouver housing market
News Release FOR IMMEDIATE RELEASE: Steady sales and diminished listings characterize for the Metro Vancouver housing market VANCOUVER, BC January 3, 2018 After reaching record levels in 2015 and 2016,
More informationCondominiums and townhomes in high demand across Metro Vancouver
News Release FOR IMMEDIATE RELEASE: Condominiums and townhomes in high demand across Metro Vancouver VANCOUVER, BC May 2, Demand for condominiums and townhomes continues to drive the Metro Vancouver* housing
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News Release FOR IMMEDIATE RELEASE: Home sale and listing activity reach historical norms in VANCOUVER, B.C. January 5, 2015 It was a typical year for the Metro Vancouver housing market in certain respects.
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News Release FOR IMMEDIATE RELEASE: Competition continues to drive Metro Vancouver s housing market VANCOUVER, B.C. September 2, Metro Vancouver* home buyers spent the summer months searching for their
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News Release FOR IMMEDIATE RELEASE Greater Vancouver housing market hits summer lull VANCOUVER, B.C. August 2, Residential property sales in Greater Vancouver remained at a 10-year low in, while the number
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News Release FOR IMMEDIATE RELEASE: Spring delivers greater balance to Greater Vancouver housing market VANCOUVER, B.C. May 2, A closer relationship between home buyer demand and the supply homes for sale
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News Release FOR IMMEDIATE RELEASE: Home buyers remain active despite reduced selection VANCOUVER, B.C. February 3, 2015 The first month 2015 saw home sale activity above historical norms, while the number
More informationLast month s sales were the second lowest February total in the region since 2001 and 30.9 per cent below the 10-year sales average for the month.
News Release FOR IMMEDIATE RELEASE: Home sales continue at below average pace VANCOUVER, B.C. March 4, Home sale activity has trended below historical averages for a full year in the Greater Vancouver
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News Release FOR IMMEDIATE RELEASE: More supply and less demand seen across Metro Vancouer housing market VANCOUVER, BC October 2, The supply homes for sale continued to increase across the Metro Vancouer*
More informationOctober sales were 28.5 per cent below the 10-year October sales average of 2,700.
News Release Housing market sees slight changes in Vancouver, B.C. November 2, The Greater Vancouver housing market saw a slight increase in the number home sales, a slight reduction in the number listings,
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News Release FOR IMMEDIATE RELEASE: Metro Vancouver home sales set record pace in VANCOUVER, B.C. July 3, Last month was the highest selling, and the second highest overall monthly total, on record for
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News Release FOR IMMEDIATE RELEASE: A heated year for Metro Vancouver real estate draws to a close VANCOUVER, BC January 4, 2017 The Metro Vancouver* housing market had its third highest selling year on
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News Release FOR IMMEDIATE RELEASE Greater Vancouver housing market trends near long-term averages as spring market approaches VANCOUVER, B.C. March 2, Closer alignment between home buyer and seller activity
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News Release FOR IMMEDIATE RELEASE: sales exceed historical average VANCOUVER, BC November 2, Metro Vancouver* home sales exceeded typical historical levels in with the majority concentrated in the townhouse
More informationOctober sales were 28.5 per cent below the 10-year October sales average of 2,700.
News Release Housing market sees slight changes in Vancouver, B.C. November 2, The Greater Vancouver housing market saw a slight increase in the number home sales, a slight reduction in the number listings,
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News Release FOR IMMEDIATE RELEASE Home buyers and sellers enter the housing market at near record pace in VANCOUVER, B.C. April 4, Activity in the Greater Vancouver housing market continued to strengthen
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News Release FOR IMMEDIATE RELEASE Home listings continue to rise in the Greater Vancouver housing market VANCOUVER, B.C. October 4, Consistent increases in property listings and fewer home sales over
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News Release FOR IMMEDIATE RELEASE Housing market factors indicate stability in recent months VANCOUVER, B.C. October 4, home sales in Greater Vancouver were consistent with activity experienced in the
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News Release FOR IMMEDIATE RELEASE MLS stats show more sales, fewer property listings in VANCOUVER, B.C. December 2, Greater Vancouver residential home sales improved in compared to the previous four months,
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News Release FOR IMMEDIATE RELEASE Greater Vancouver housing market holds steady and favours sellers in VANCOUVER, B.C. June 2, Home sales remained at typical springtime levels on the Multiple Listing
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News Release FOR IMMEDIATE RELEASE Strong demand carries into late fall VANCOUVER, B.C. December 2, Home values continued to edge upward in as demand in the Greater Vancouver housing market remains well
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News Release FOR IMMEDIATE RELEASE Home listings rise to start the spring season VANCOUVER, B.C. April 6, A steady influx new listings has helped create a balanced typical spring housing market in the
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News Release FOR IMMEDIATE RELEASE Property sales strengthen in current market cycle 9 For more information please contact: Craig Munn, Assistant Manager, Communications Real Estate Board Greater Vancouver
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News Release FOR IMMEDIATE RELEASE Home sales remain steady in Greater Vancouver VANCOUVER, B.C. November 2, Greater Vancouver home sales have remained steady over the past four months, indicating stability
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News Release FOR IMMEDIATE RELEASE Greater Vancouver housing market sees typical spring activity in VANCOUVER, B.C. May 3, Greater Vancouver saw a typical, solid month residential home sales on the Multiple
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News Release FOR IMMEDIATE RELEASE New listings decrease, increase in active listings balance market Vancouver, B.C. December 4, The Real Estate Board Greater Vancouver (REBGV) reports that total residential
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News Release FOR IMMEDIATE RELEASE Balanced real estate market prevailed through much VANCOUVER, B.C. January 4, 2012 The Greater Vancouver housing market began with heightened demand in regional hot spots
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News Release FOR IMMEDIATE RELEASE Buyer s market conditions continue in Greater Vancouver VANCOUVER, B.C. September 2, Conditions in the Greater Vancouver housing market continued to favour buyers in.
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News Release FOR IMMEDIATE RELEASE Housing market gears up for busy spring cycle Vancouver, B.C. April 3, The Real Estate Board Greater Vancouver (REBGV) reports that total residential sales for detached,
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News Release FOR IMMEDIATE RELEASE housing sales pick up, listing activity swells Vancouver, B.C. May 2, The Real Estate Board Greater Vancouver (REBGV) reports that total residential sales for detached,
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News Release FOR IMMEDIATE RELEASE benchmark average price for single family home breaks record Vancouver, B.C. June 4, The Real Estate Board Greater Vancouver (REBGV) reports that total residential sales
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