Latest Market News, Updates & Statistics 

Sales Continue Normalizing Trend in November

Posted on Dec 12, 2024 in BC Real Estate Update



The British Columbia Real Estate Association (BCREA) reports that 5,841 residential unit sales were recorded in Multiple Listing Service® (MLS®) Systems in November 2024, up 25.7 per cent from November 2023. The average MLS® residential price in BC in November 2024 was up 1.7 per cent at $979,221 compared to an average price of $963,143 in November...

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Housing Market Update for November 2024 (Video)

Posted on Dec 06, 2024 in Market Insights Videos


So, what's next for the market? As we move into the New Year, if the strength in demand continues at the current pace, and the pace of newly listed properties coming to market doesn't keep up, it may not be long until we see the
return of upward pressure on prices.

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Home buyer demand continues to strengthen in November

Posted on Dec 03, 2024 in Vancouver Update



Home sales registered in the MLS® in the Metro Vancouver market rose 28 percent year-over-year in November, building on the momentum of the 30 percent year-over-year increase seen in October.

The Greater Vancouver REALTORS® (GVR) reports that residential sales in the region totalled 2,181 in November 2024, a 28.1 per cent increase from the 1,702 sa...

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Housing Markets Post Strong Rebound in October

Posted on Nov 25, 2024 in BC Real Estate Update



The British Columbia Real Estate Association (BCREA) reports that 7,119 residential unit sales were recorded in Multiple Listing Service® (MLS®) Systems in October 2024, up 33.5 per cent from October 2023. The average MLS® residential price in BC in October 2024 was up 0.3 per cent at $970,845 compared to an average price of $968,256 in October 202...

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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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