Latest Market News, Updates & Statistics 

Home prices continue to rise in Metro Vancouver’s housing market to kick off the summer

Posted on Jul 05, 2023 in Vancouver Update



Continuing the trend that has emerged in the housing market this year, the benchmark price for all home types in Metro Vancouver1 increased in June as home buyer demand butted up against a limited inventory of homes for sale in the region.

The Real Estate Board of Greater Vancouver (REBGV) reports that residential home sales2 in the region totalled...

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Strong Rebound for BC Home Sales in May 

Posted on Jun 14, 2023 in BC Real Estate Update



The British Columbia Real Estate Association (BCREA) reports that a total of 9,191 residential unit sales were recorded in Multiple Listing Service® (MLS®) systems in May 2023, an increase of 9.9 per cent from May 2022. The average MLS® residential price in BC was $1.02 million up 3 per cent compared to May 2022. The total sales dollar volume was...

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Housing Market Update for May 2023 (Video)

Posted on Jun 08, 2023 in Market Insights Videos


While the year started slower than usual, Metro Vancouver’s housing market is showing signs of heating up as summer arrives, with prices increasing since December 2022.

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Competition among buyers in Metro Vancouver’s housing market heats up as summer arrives

Posted on Jun 02, 2023 in Vancouver Update

Tim Wray

While the year started slower than usual, Metro Vancouver’s housing market is showing signs of heating up as summer arrives, with prices increasing for the sixth consecutive month.

The Real Estate Board of Greater Vancouver (REBGV) reports that residential home sales in the region totalled 3,411 in May 2023, which is a 15.7 per cent increase from t...

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Lack of Inventory Creating Tighter Market Conditions Across BC

Posted on May 13, 2023 in BC Real Estate Update



The British Columbia Real Estate Association (BCREA) reports that a total of 7,427 residential unit sales were recorded in Multiple Listing Service® (MLS®) systems in April 2023, a decrease of 17.7 per cent from April 2022. The average MLS® residential price in BC was 995,506 down 5.6 per cent compared to the average price of close to $1.1 million...

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