Latest Market News, Updates & Statistics 

Metro Vancouver housing market shows resilience in 2023, ending the year in balanced territory

Posted on Jan 04, 2024 in Vancouver Update



Metro Vancouver’s housing market closed out 2023 with balanced market conditions, but the year-end totals mask a story of surprising resilience in the face of the highest borrowing costs seen in over a decade.

The Real Estate Board of Greater Vancouver (REBGV) reports that residential sales in the region totalled 26,249 in 2023, a 10.3 per cent dec...

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Softening Home Sales but Prices Remain Firm Across BC

Posted on Dec 13, 2023 in BC Real Estate Update



The British Columbia Real Estate Association (BCREA) reports that a total of 4,630 residential unit sales were recorded in Multiple Listing Service® (MLS®) systems in November 2023, an increase of 2.2 per cent from November 2022. The average MLS® residential price in BC was $964,246 up 6.6 per cent compared to November 2022. The total sales dollar...

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Housing Market Update for November 2023 (Video)

Posted on Dec 11, 2023 in Market Insights Videos


When paired with the seasonal slowdown in sales we typically see this time of year, this increase in supply is creating balanced conditions across Metro Vancouver's housing market.

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Balanced conditions come to the Metro Vancouver housing market for the holiday season

Posted on Dec 05, 2023 in Vancouver Update



With one month left in 2023, a steady increase in housing inventory is offering home buyers across Metro Vancouver1 among the largest selection to choose from since 2021.

The Real Estate Board of Greater Vancouver (REBGV) reports that residential sales2 in the region totalled 1,702 in November 2023, a 4.7 per cent increase from the 1,625 sales recor...

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BC Markets Finding Balance at Low Levels of Activity

Posted on Nov 14, 2023 in BC Real Estate Update



The British Columbia Real Estate Association (BCREA) reports that a total of 5,373 residential unit sales were recorded in Multiple Listing Service® (MLS®) systems in October 2023, an increase of 1.8 per cent from October 2022. The average MLS® residential price in BC was $968,786 up 4.1 per cent compared to October 2022. The total sales dollar vol...

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