Market Insights Videos

Housing Market Update for October 2024 (Video)

Posted on Nov 06, 2024 in Market Insights Videos


After months of tracking approximately twenty per cent below the ten-year seasonal average, Metro Vancouver home sales surged more than 30 per cent year-over-year in October. The strong sales numbers suggest buyers may finally be responding to lower borrowing costs after waiting on the sidelines for months.

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Housing Market Update for September 2024 (Video)

Posted on Oct 08, 2024 in Market Insights Videos


With some buyers choosing to stay on the sidelines, inventory levels have sustained healthy gains, providing much more selection to anyone searching
for a home.

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Housing Market Update for August 2024 (Video)

Posted on Sep 10, 2024 in Market Insights Videos


From a seasonal perspective, August is typically a slower month for sales than June or July. In this respect, this August has been no different. With that said, sales remain in a holding pattern, trending roughly 20 per cent below their 10-year seasonal average, which suggests buyers are still feeling the pinch of higher borrowing costs, despite tw...

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Housing Market Update for July 2024 (Video)

Posted on Aug 09, 2024 in Market Insights Videos


The trend of buyers remaining hesitant, that began a few months ago, continued in the July data despite a fresh quarter percentage point cut to the Bank of Canada’s policy rate.

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Housing Market Update for June 2024 (Video)

Posted on Jul 09, 2024 in Market Insights Videos


Metro Vancouver home sales registered on the MLS® remained below seasonal and historical averages in June. With reduced competition among buyers, inventory has continued to accumulate to levels not seen since the spring of 2019.

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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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