June 2024

Markets Remain in Balance Heading into Summer

Posted on Jun 13, 2024 in BC Real Estate Update



The British Columbia Real Estate Association (BCREA) reports that 8,075 residential unit sales were recorded in Multiple Listing Service® (MLS®) systems in May 2024, a 11.6 per cent decrease from May 2023. The average MLS® residential price in BC in May 2024 was down 1.5 per cent at $1 million, compared to an average price of $1.02 million in May 2...

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Housing Market Update for May 2024 (Video)

Posted on Jun 10, 2024 in Market Insights Videos


A culmination of factors, from higher borrowing costs, to worries about the economy, to policy interventions imposed by various levels of government, are influencing buyers and sellers today.

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SnapStats Market Speedo Infographic - May 2024

Posted on Jun 07, 2024 in Market Speedo Infographic


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Metro Vancouver home sales down in May while inventory continues to increase

Posted on Jun 04, 2024 in Vancouver Update



The number of transactions on the Multiple Listing Service® (MLS®) declined in May compared to what is typical for this time of year in Metro Vancouver. This shift has allowed the inventory of homes available for sale to continue to accumulate with over 13,000 homes now actively listed on the MLS® in the region.

The Greater Vancouver REALTORS® (GVR...

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