Greater Vancouver Market Report Infographics

Monday, June 15, 2020 9:27:00 AM UTC
INFOGRAPHICS: May 2020 REBGV Greater Vancouver Market Reports
May 2020 REBGV Greater Vancouver Market Reports

Home prices remain steady, as buyers and sellers become more comfortable operating in today’s market.

The Real Estate Board of Greater Vancouver reports that the MLS® Home Price Index composite benchmark price for all residential properties in Metro Vancouver today is $1,028,400. This is virtually unchanged from April 2020, a 1.4% increase over the last three months, and a 2.9% increase compared to May 2019.

Residential home sales in the region totalled 1,485 in May 2020, a 43.7% decrease from the 2,638 sales recorded in May 2019 and a 33.9% increase from the 1,109 homes sold in April 2020. Last month’s sales were 54.4% below the 10-year May sales average.

Read the full report on the REBGV website.

 


 

The following data is a comparison between May 2019 and May 2020 numbers,...

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INFOGRAPHICS: April 2020 REBGV Greater Vancouver Market Reports
INFOGRAPHICS: April 2020 REBGV Greater Vancouver Market Reports

Home sales and listings down amid COVID-19, new tools and practices emerge to help buyers and sellers adapt.

The Real Estate Board of Greater Vancouver (REBGV) reports that residential home sales in the region totalled 1,109 in April 2020, a 39.4% decrease from the 1,829 sales recorded in April 2019, and a 56.1% decrease from the 2,524 homes sold in March 2020.

Last month’s sales were 62.7% below the 10-year April sales average and was the lowest total for the month since 1982.

Read the full report over on the REBGV website.

 

 


 

The following data is a comparison between April 2019 and April 2020 numbers, and is current as of May 2020. For last month’s update, you can check out our previous post for March 2020 data.

Or follow this link for all our REBGV Infographics!

 ...

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INFOGRAPHICS: March 2020 REBGV Greater Vancouver Market Reports
INFOGRAPHICS: March 2020 REBGV Greater Vancouver Market Reports

April is here, and it’s been a tough past few weeks for everyone. Here’s our monthly market update for areas covered by the Real Estate Board of Greater Vancouver (REBGV)!

In their most recent market update, REBGV reports that Metro Vancouver’s housing market saw steady home buyer demand to begin March and a leveling off of activity as the month went on and concerns about the COVID-19 outbreak intensified.

The Real Estate Board of Greater Vancouver (REBGV) reports that residential home sales in the region totalled 2,524 in March 2020, a 46.1% increase from the 1,727 sales recorded in March 2019, and a 17.4% increase from the 2,150 homes sold in February 2020.

Last month’s sales were 19.9% below the 10-year March sales average.

Daily residential sales on the region’s MLS® were 138 on average...

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INFOGRAPHICS: February 2020 REBGV Greater Vancouver Market Reports
INFOGRAPHICS: February 2020 REBGV Greater Vancouver Market Reports

We’re entering the last month of the first quarter of the year, and here’s our monthly market update for areas covered by the Real Estate Board of Greater Vancouver (REBGV)!

In REBGV’s most recent market update, it appears that steady demand and low supply benefits home sellers.

The Real Estate Board of Greater Vancouver (REBGV) reports that residential home sales in the region totaled 2,150 in February 2020, a 44.9% increase from the 1,484 sales recorded in February 2019, and a 36.9% increase from the 1,571 homes sold in January 2020.

Last month’s sales were 15.6% below the 10-year February sales average.

There were 4,002 detached, attached and apartment homes newly listed for sale on the Multiple Listing Service® (MLS®) in Metro Vancouver in February 2020. This represents a 2.8%...

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INFOGRAPHICS: January 2020 REBGV Greater Vancouver Market Reports
INFOGRAPHICS: January 2020 REBGV Greater Vancouver Market Reports

Here’s our monthly market update for areas covered by the Real Estate Board of Greater Vancouver (REBGV)!

As per their latest news release, 2020 is starting out with home sale activity up, and supply down.

The REBGV reports that residential home sales in the region totalled 1,571 in January 2020, a 42.4% increase from the 1,103 sales recorded in January 2019, and a 22.1% decrease from the 2,016 homes sold in December 2019.

Last month’s sales were 7.3% below the 10-year January sales average.

There were 3,872 detached, attached and apartment properties newly listed for sale on the Multiple Listing Service® (MLS®) in Metro Vancouver in January 2020. This represents a 20.1% decrease compared to the 4,848 homes listed in January 2019 and a 143.8% increase compared to December 2019 when...

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INFOGRAPHICS: December 2019 REBGV Greater Vancouver Market Reports
INFOGRAPHICS: December 2019 REBGV Greater Vancouver Market Reports

Happy New Year!

It’s the dawn of a new year, and a new decade, and we’re ready to hit the ground running. Here’s our monthly market update for areas covered by the Real Estate Board of Greater Vancouver (REBGV)!

According to REBGV’s latest market update, sales of detached, attached and apartment homes reached 25,351 in 2019, a 3% increase from the 24,619 sales recorded in 2018, and a 29.6% decrease over the 35,993 residential sales in 2017.

Last year’s sales total was 20.3% below the region’s 10-year sales average.

Home listings on the Multiple Listing Service® (MLS®) in Metro Vancouver reached 51,918 in 2019. This is a 3.2% decrease compared to the 53,614 homes listed in 2018 and a 5% decrease compared to the 54,655 homes listed in 2017.

Last year’s...

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INFOGRAPHICS: November 2019 REBGV Greater Vancouver Market Reports
INFOGRAPHICS: November 2019 REBGV Greater Vancouver Market Reports

In the blink of an eye, we’ve reached the end of the year! Today, here’s our monthly market update for areas covered by the Real Estate Board of Greater Vancouver (REBGV)!

As noted in REBGV’s most recent market update, after a quieter first half of 2019, home buyer activity has returned to more historically typical levels in Metro Vancouver.

The REBGV reports that residential home sales in the region totalled 2,498 in November 2019, a 55.3% increase from the 1,608 sales recorded in November 2018, and a 12.6% decline from the 2,858 homes sold in October 2019.

Last month’s sales were 4% above the 10-year November sales average.

The total number of homes currently listed for sale on the MLS® system in Metro Vancouver is 10,770, a 12.5% decrease compared to November 2018...

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INFOGRAPHICS: October 2019 REBGV Greater Vancouver Market Reports
INFOGRAPHICS: October 2019 REBGV Greater Vancouver Market Reports

We’re heading straight into the winter season, and here’s our monthly market update for areas covered by the Real Estate Board of Greater Vancouver (REBGV)!

According to REBGV’s October market report, it looks like the Metro Vancouver housing market is experiencing a fall pickup in home sale activity.

The Real Estate Board of Greater Vancouver (REBGV) reports that residential home sales in the region totalled 2,858 in October 2019, a 45.4% increase from the 1,966 sales recorded in October 2018, and a 22.5% increase from the 2,333 homes sold in September 2019.

As noted by REBGV president Ashley Smith,

“Home buyers have more confidence today than we saw in the first half of the year. With prices edging down over the last year and interest rates remaining low, hopeful home...

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INFOGRAPHICS: September 2019 REBGV Greater Vancouver Market Reports
INFOGRAPHICS: September 2019 REBGV Greater Vancouver Market Reports

We’re now officially in the last quarter of the year! Here’s our monthly market update for areas covered by the Real Estate Board of Greater Vancouver (REBGV)!

In their latest media release, the REBGV is reporting that increased demand has helped the housing market reach balanced territory in September. In fact, home buyer demand has returned to more historically typical levels in Metro Vancouver over the last three months.

The Real Estate Board of Greater Vancouver (REBGV) reports that residential home sales in the region totalled 2,333 in September 2019, a 46.3% increase from the 1,595 sales recorded in September 2018, and a 4.6% increase from the 2,231 homes sold in August 2019.

According to Ashley Smith, REBGV president,

“We’re seeing more balanced housing market...

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INFOGRAPHICS: August 2019 REBGV Greater Vancouver Market Reports
INFOGRAPHICS: August 2019 REBGV Greater Vancouver Market Reports

Bye, summer! Hello, fall! Here’s our monthly market update for areas covered by the Real Estate Board of Greater Vancouver (REBGV)!

As stated in their August market report, the Metro Vancouver housing market has seen an uptick in sales this summer.

REBGV reports that residential home sales in the region totaled 2,231 in August 2019, a 15.7% increase from the 1,929 sales recorded in August 2018, and a 12.7% decrease from the 2,557 homes sold in July 2019.

However, August sales were 9.2% below the 10-year August sales average.

The total number of homes currently listed for sale on the MLS® system in Metro Vancouver is 13,396, a 13.3% increase compared to August 2018 (11,824) and a 5.9% decrease compared to July 2019 (14,240).

As noted by REBGV President Ashley Smith,

“Home sales returned...

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The data relating to real estate on this website comes in part from the MLS® Reciprocity program of either the Real Estate Board of Greater Vancouver (REBGV), the Fraser Valley Real Estate Board (FVREB) or the Chilliwack and District Real Estate Board (CADREB). Real estate listings held by participating real estate firms are marked with the MLS® logo and detailed information about the listing includes the name of the listing agent. This representation is based in whole or part on data generated by either the REBGV, the FVREB or the CADREB which assumes no responsibility for its accuracy. The materials contained on this page may not be reproduced without the express written consent of either the REBGV, the FVREB or the CADREB.