December 2020

Vancouver housing market to continue as a seller’s market in 2021, prices expected to rise 4%

Vancouver real estate is expected to continue as a seller’s market in 2021. A healthy supply is anticipated for the downtown core and low interest rates will continue to impact housing activity. Buyers are anticipated to seek larger properties in suburban a...

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 sales recorded in November 2019...