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 recorded...Read More

Metro Vancouver home sales return to historically typical levels After a quieter first half of 2019, home buyer activity has returned to more historically typical levels in Metro Vancouver. The Real Estate Board of Greater Vancouver (REBGV) reports that residential home sales in the region totalled 2,498 in November 2019, a 55.3 per cent increase from the 1,608 sales recorded in November 2018, a...Read More

The Metro Vancouver housing market is experiencing a fall pickup in home sale activity. The Real Estate Board of Greater Vancouver (REBGV) reports that residential home sales in the region totalled 2,858 in October 2019, a 45.4 per cent increase from the 1,966 sales recorded in October 2018, and a 22.5 per cent increase from the 2,333 homes sold in September 2019. Last month’s sales were 9...Read More

Home buyer demand has returned to more historically typical levels in Metro Vancouver over the last three months. The Real Estate Board of Greater Vancouver (REBGV) reports that residential home sales in the region totalled 2,333 in September 2019, a 46.3 per cent increase from the 1,595 sales recorded in September 2018, and a 4.6 per cent increase from the 2,231 homes sold in August 2019. Last ...Read More

Metro Vancouver housing market sees summer uptick in sales Home buyer activity increased to more typical levels in Metro Vancouver throughout the summer months. The Real Estate Board of Greater Vancouver (REBGV) reports that residential home sales in the region totalled 2,231 in August 2019, a 15.7 per cent increase from the 1,929 sales recorded in August 2018, and a 12.7 per cent decrease from ...Read More

Home sales increase in July Home buyer demand picked up across Metro Vancouver* last month, making July, a traditionally quieter month in real estate, the second highest selling month so far this year. The Real Estate Board of Greater Vancouver (REBGV) reports that residential home sales in the region totalled 2,557 in July 2019, a 23.5 per cent increase from the 2,070 sales recorded in July 201...Read More

Housing supply up, home sales and prices down in June With home buyer demand below long-term historical averages in June, the supply of homes for sale continued to accumulate in Metro Vancouver*. The Real Estate Board of Greater Vancouver (REBGV) reports that residential home sales in the region totalled 2,077 in June 2019, a 14.4 per cent decrease from the 2,425 sales recorded in June 2018 and ...Read More

Monthly *Metro Vancouver1 home sales eclipsed 2,000 for the first time this year in May, although home buyer demand remains below historical averages. The Real Estate Board of Greater Vancouver (REBGV) reports that residential home sales in the region totalled 2,638 in May 2019, a 6.9 per cent decrease from the 2,833 sales recorded in May 2018, and a 44.2 per cent increase from the 1,829 hom...Read More

Reduced demand and increased supply remain the trend across Metro Vancouver’s housing market Decreased demand continues to allow the supply of homes for sale to accumulate across the Metro Vancouver housing market. The Real Estate Board of Greater Vancouver (REBGV) reports that residential home sales in the region totalled 1,829 in April 2019, a 29.1 per cent decrease from the 2,579 sales ...Read More

For more information you can go to the Government of Canada website #yourbudget2019 CLICK HERE 1. Effective Immediately RSP maximum withdrawals increase to $35,000 - an increase of $10,000 from before. 2. New Shared Equity program with Canada Mortgage and Housing Corporation (CMHC) $1.25 billion has been earmarked over 3 years to provide 5% of the cost of an existing home (resale) and 10% of the...Read More