Latest Market News, Updates & Statistics 

Rising mortgage rates brought uncertainty and caution to Metro Vancouver’s housing market in 2022

Posted on Jan 04, 2023 in Vancouver Update



After seeing record sales and prices during the pandemic, Metro Vancouver’s housing market experienced a year of caution in 2022 due to rising borrowing costs fueled by the Bank of Canada’s ongoing battle with inflation.

The Real Estate Board of Greater Vancouver (REBGV) reports that residential home sales in the region totalled 28,903 in 2022, a 3...

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Housing Market Activity Remains Slow in November

Posted on Dec 13, 2022 in BC Real Estate Update



The British Columbia Real Estate Association (BCREA) reports that a total of 4,512 residential unit sales were recorded by the Multiple Listing Service® (MLS®) in November 2022, a decrease of 50.8 per cent from November 2021 and about 30 per cent below a historical average November. The average MLS® residential price in BC was $906,785 an 8.6 per c...

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Housing Market Update for November 2022 (Video)

Posted on Dec 06, 2022 in Market Insights Videos


While typically a quiet month of market activity based on seasonal patterns, November home sale and listing totals lagged below the region’s long-term averages.

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Home sale and listing activity continue trending below long-term averages in November

Posted on Dec 02, 2022 in Vancouver Update



While typically a quiet month of market activity based on seasonal patterns, November home sale and listing totals lagged below the region’s long-term averages.

The Real Estate Board of Greater Vancouver (REBGV) reports that residential home sales in the region totalled 1,614 in November 2022, a 52.9 per cent decrease from the 3,428 sales recorded i...

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