Latest Market News, Updates & Statistics 

As inventory increases, price gains relent in Metro Vancouver to begin the fall season

Posted on Oct 04, 2023 in Vancouver Update



The month-over-month price gains seen earlier this year abated in the Metro Vancouver1 housing market in September due to a seasonal decline in sales and a modest increase in inventory levels across the region.

The Real Estate Board of Greater Vancouver (REBGV) reports that residential home sales2 in the region totalled 1,926 in September 2023, a 1...

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Sales Trend Slightly Lower in August

Posted on Sep 13, 2023 in BC Real Estate Update

Tim Wray BCREA

The British Columbia Real Estate Association (BCREA) reports that a total of 6,608 residential unit sales were recorded in Multiple Listing Service® (MLS®) systems in August 2023, an increase of 15.7 per cent from August 2022. The average MLS® residential price in BC was $958,424, up 5.2 per cent compared to August 2022. The total sales dollar volu...

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Housing Market Update for August 2023 (Video)

Posted on Sep 08, 2023 in Market Insights Videos


As summer winds to a close, higher borrowing costs have begun to permeate the Metro Vancouver housing market in predictable ways, with price gains cooling and sales slowing along the typical seasonal pattern.

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Seasonal slowdown brings price stability to Metro Vancouver

Posted on Sep 04, 2023 in Vancouver Update

Tim Wray REBGV

As summer winds to a close, higher borrowing costs have begun to permeate the Metro Vancouver1 housing market in predictable ways, with price gains cooling and sales slowing along the typical seasonal pattern.

The Real Estate Board of Greater Vancouver (REBGV) reports that residential home sales2 in the region totalled 2,296 in August 2023, a 21.4 p...

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Bank of Canada Upends Summer Sales Recovery

Posted on Aug 10, 2023 in BC Real Estate Update



The British Columbia Real Estate Association (BCREA) reports that a total of 7,103 residential unit sales were recorded in Multiple Listing Service® (MLS®) systems in July 2023, an increase of 25.9 per cent from July 2022. The average MLS® residential price in BC was $967,948, up 5.6 per cent compared to July 2022. The total sales dollar volume was...

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