July 2023

Strong Start to the Summer, But Higher Interest Rates Loom

Posted on Jul 13, 2023 in BC Real Estate Update

Tim Wray BCREA

The British Columbia Real Estate Association (BCREA) reports that a total of 8,740 residential unit sales were recorded in Multiple Listing Service® (MLS®) systems in June 2023, an increase of 21.9 per cent from June 2022. The average MLS® residential price in BC was $991,648, up 4.7 per cent compared to June 2022. The total sales dollar volume was...

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Housing Market Update for June 2023 (Video)

Posted on Jul 12, 2023 in Market Insights Videos


Continuing the trend that has emerged in the housing market this year, the benchmark price for all home types in Metro Vancouver increased in June as home buyer demand butted up against a limited inventory of homes for sale in the region.

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Home prices continue to rise in Metro Vancouver’s housing market to kick off the summer

Posted on Jul 05, 2023 in Vancouver Update



Continuing the trend that has emerged in the housing market this year, the benchmark price for all home types in Metro Vancouver1 increased in June as home buyer demand butted up against a limited inventory of homes for sale in the region.

The Real Estate Board of Greater Vancouver (REBGV) reports that residential home sales2 in the region totalled...

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