December 2020 Market Update
Tags: market update
Strong December activity brought Metro Vancouver’s* 2020 home sales total in line with the region’s long-term annual average. The Real Estate Board of Greater Vancouver (REBGV) reports that residential home sales in the region totalled 30,944 in 2020, a 22.1 per cent increase from the 25,351 sales recorded in 2019, and a 25.7 per cent increase from the 24,619 homes sold in 2018. Las...Read More
November 2020 Market Update
Tags: Market Update
November home sales outpace seasonal norms and long-term averages Housing demand in Metro Vancouver continues to outpace historical averages with November sales eclipsing 3,000 for the first time since 2015. The Real Estate Board of Greater Vancouver (REBGV) reports that residential home sales in the region totalled 3,064 in November 2020, a 22.7 per cent increase from the 2,498 sale...Read More
October 2020 Market Update
Tags: Market Update
Home sale and listing resurgence extends into the fall Home sale and new listing activity remained at near record levels across Metro Vancouver in October. The Real Estate Board of Greater Vancouver (REBGV) reports that residential home sales in the region totalled 3,687 in October 2020, a 29 per cent increase from the 2,858 sales recorded in October 2019, and a 1.2 per cent increase from the 3,...Read More
September 2020 Market Update
Tags: Market Update
Home sale and new listing activity reached record levels in Metro Vancouver in September. The Real Estate Board of Greater Vancouver (REBGV) reports that residential home sales in the region totalled 3,643 in September 2020, a 56.2 per cent increase from the 2,333 sales recorded in September 2019, and a 19.6 per cent increase from the 3,047 homes sold in August 2020. Last month’s sales wer...Read More
August 2020 Market Update
Tags: Market Update
Home sale and listing activity continues to increase in August Home buyers and sellers remained active across Metro Vancouver in August, with home sale and new listing activity outpacing the region’s historical averages. The Real Estate Board of Greater Vancouver (REBGV) reports that residential home sales in the region totalled 3,047 in August 2020, a 36.6 per cent increase from the 2,231...Read More
July 2020 Market Update
Tags: Market Update
Metro Vancouver housing market sees steady summer activity Home buyer and seller activity in Metro Vancouver exceeded historical levels in July. The Real Estate Board of Greater Vancouver (REBGV) reports that residential home sales in the region totalled 3,128 in July 2020, a 22.3 per cent increase from the 2,557 sales recorded in July 2019, and a 28 per cent increase from the 2,443 homes sold i...Read More
June 2020 Market Update
Tags: Market Update
Steady increases in home sale and listing activity continue 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 in June 2020, a 17...Read More
May 2020 Market Update
Tags: Market Update
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 pro...Read More
April 2020 Market Update
Tags: Market Update
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) r...Read More
Estimated costs when buying a Home
Tags: Estimated costs
Home Inspection - The inspectors will advise where repairs and maintenance is required. $300-$600 depending on the size of the home Appraisal Fee - Before your lender approves your mortgage, you may be required to have the property appraised. $300-$450 Lawyer or Notary Public Fees on Completion - To assist with drafting documents and transfer of title ownersh...Read More