BC Home Sales Continue to Slow in July
Posted on Aug 11, 2022 in BC Real Estate Update
Housing Market Update for July 2022 (Video)
Posted on Aug 09, 2022 in Market Insights Videos
Metro Vancouver’s housing market has entered a new cycle marked by quieter home buyer demand and a gradual rise in the supply of homes for sale.
"Home buyers are exercising more caution in today’s market in response to rising interest rates and inflationary concerns. This allowed the selection of homes for sale to increase and prices to edge down in...
"Home buyers are exercising more caution in today’s market in response to rising interest rates and inflationary concerns. This allowed the selection of homes for sale to increase and prices to edge down in...
Home buyer demand continues to ease across Metro Vancouver
Posted on Aug 03, 2022 in Vancouver Update
The Real Estate Board of Greater Vancouver (REBGV) reports that residential home sales in the region totalled 1,887 in July 2022, a 43.3 per cent decrease from the 3,326 sales recorded in July 2021, and a 2...
High Mortgage Rates Keeping Potential Buyers Sidelined
Posted on Jul 12, 2022 in BC Real Estate Update
The British Columbia Real Estate Association (BCREA) reports that a total of 7,136 residential unit sales were recorded by the Multiple Listing Service® (MLS®) in June 2022, a decrease of 35.7 per cent from June 2021. The average MLS® residential price in BC was $951,105, a 4.6 per cent increase from $909,657 recorded in June 2021. Total sales doll...
