Metro Vancouver

Is it all doom and gloom in the real estate market?

According to the Real Estate Board of Greater Vancouver "conditions in the Greater Vancouver housing market continued to favour buyers...

Below I have set out the benchmark prices across metro Vancouver as issued by the Real Estate Board of Greater Vancouver. The prices in bold show the biggest increase within the category. Those in red are...

Buyer’s market conditions continue in Greater Vancouver

VANCOUVER, B.C. – September 2, 2010 – Conditions in the Greater Vancouver housing market continued to favour buyers in August. Since April, prices...

As we reach the middle of August it is worth having a sneak peek at how the market is doing.

The volume of sales of detached homes in the major areas of the region is down by at least half of the same period...

Homebuyers and sellers less active in July

VANCOUVER, B.C. – August 4, 2010 – Home sales activity in Greater Vancouver was quieter last month than most Julys over the past decade, with residential sales,...

DETACHED BENCHMARK PRICES

• Greater Vancouver $793,193 (11.5%)
• Burnaby $779,645 (8.5%)
• Coquitlam $683,396 (12.6%)
• South Delta $664,753 (11.9%)
• Maple Ridge $453,280 (6.9%)
• New Westminster $616,440 (6.9%) ...

VANCOUVER, B.C. – March 2, 2010 –The Greater Vancouver housing market continued to experience strong demand from homebuyers and an increase in total property listings in a month where the eyes of the world...

HOUSING SUPPLY AND DEMAND REACH CLOSER ALIGNMENT IN JANUARY

VANCOUVER, B.C. – February 2, 2010 – Diverse selection and favourable interest rates continue to drive demand in the Greater Vancouver housing...

SLOW START, STRONG FINISH FOR HOUSING MARKET IN 2009

VANCOUVER, B.C. – January 5, 2010 – After beginning the year at near record low sales levels, buyers’ confidence in the Greater Vancouver housing market...

The graph above is from the CMHC’s Housing Now report for November 2009. It looks at the ratio of sales to new listings which is “a good indicator of price pressure in the existing home market”. The CMHC...

HIGH SALES LEVELS SPUR RISE IN HOME VALUES

VANCOUVER, B.C. – November 2, 2009 –

Strong demand has led to a steady rise in Greater Vancouver home prices compared to last year.

Over the last 12 months, the...

I just had a look at the sales on the north shore in the last month.

In North Vancouver we saw a healthy sales volume. Figures in brackets show the average sold price:

• 89 houses
  ($964,840)
• 64 apartments...

BUYER DEMAND REMAINS STRONG WHILE HOME LISTINGS INCREASE

VANCOUVER, B.C. – October 2, 2009

Greater Vancouver home sales remained strong last month, with the second highest number of residential sales ever...

MARKET MOMENTUM CARRIES INTO AUGUST

VANCOUVER, B.C. – September 2, 2009 – The number of home sales in Greater Vancouver increased significantly last month compared to August 2008 and moved closer in line...

The Real Estate Board of Greater Vancouver has released the statistics package for July 2009

STRONG SPRING MARKET CARRIES INTO SUMMER MONTHS

VANCOUVER, B.C. – August 5, 2009 – The Greater Vancouver housing...

MARKET CONDITIONS DRIVE STRONG JUNE HOUSING SALES
VANCOUVER, B.C. – July 3, 2009 – The combination of low interest rates and more affordable pricing helped propel Greater Vancouver home sale numbers to...

This is my monthly look at the real estate market. Below is the official report from the Real Estate Board of Greater Vancouver.

BUYER ACTIVITY BRINGS GREATER STABILITY TO THE HOUSING MARKET

VANCOUVER,...

The Metro Vancouver housing market experienced a movement away from volatility and toward stability to start the spring season.

Home sales in March 2009 returned to levels witnessed at the beginning of...