Latest Market News, Updates & Statistics 

December Sales Mark a Strong Final Quarter of 2024

Posted on Jan 15, 2025 in BC Real Estate Update



The British Columbia Real Estate Association (BCREA) reports that 4,484 residential unit sales were recorded in Multiple Listing Service® (MLS®) Systems in December 2024, up 24.7 per cent from December 2023. The average MLS® residential price in BC in December 2024 was up 5.6 per cent at $1,013,556 compared to $960,057 in December 2023.

The total sa...

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Housing Market Update for December 2024 (Video)

Posted on Jan 09, 2025 in Market Insights Videos


Metro Vancouver home sales registered a strong finish to cap off 2024, signalling strengthening demand-side momentum as we move into the new year.

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Home sales register a strong finish to cap off 2024

Posted on Jan 03, 2025 in Vancouver Update



Home sales registered on the Multiple Listing Service® (MLS®) in Metro Vancouver rose over thirty per cent in December, compared to the previous year, signalling strengthening demand-side momentum to close out 2024.

The Greater Vancouver REALTORS® (GVR) reports that residential sales in the region totalled 26,561 in 2024, a 1.2 per cent increase fr...

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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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