January 2025 Market Update
Posted on Jan 09, 2025
December uptick in Vancouver-area home sales caps 'pivot year' for market: real estate board
Vancouver-area home sales in December rose 31.2 per cent compared to the same month in 2023, capping a "pivot year" for the market where the number of homes that changed hands ticked higher.
Greater Vancouver Realtors says the 1,765 home sales last month were...
December 2024 Market Update
Posted on Dec 05, 2024
December 2024 Monthly Market Update & November 2024 Market Statistics
Homebuyer Demand Continuing To
Strengthen Across Metro Vancouver
Residential sales in Greater Vancouver and the Fraser Valley last month both surpassed last year's totals, according to statistics published by Greater Vancouver Realtors (GVR) and the Fraser Valley Real Estate Board...October 2024 Market Update
Posted on Oct 08, 2024
Rate cuts to smooth over the 'mortgage renewal cliff' awaiting pandemic homebuyers
Many homeowners who will be renewing their five-year mortgages for the first time next year may be worried about a steep increase in their monthly payments. But faster and larger than expected interest-rate declines promise to reduce what analysts had dubbed the "mort...September 2024 Market Update
Posted on Sep 09, 2024
B.C. unveils standardized home designs with focus on faster approval, lower building costs
The provincial government has unveiled a catalogue of 10 standardized home designs to help lower the cost of building small-scale, multi-unit housing.Developers and home builders can take the designs, which are available for free online, and use them like buil...
August 2024 Market Update
Posted on Aug 12, 2024
Data Points: B.C. home sales improve as the average Vancouver price hits peak
Housing market activity in B.C. picked up pace in June, following months of low sales volume. Seasonally adjusted MLS home sales in B.C. came in at 6,166 units, increasing by 2.8 per cent month to month, following a 2.3-per-cent increase from April to May.Year over year, s...
July 2024 Market Update
Posted on Jul 09, 2024
Housing Affordability Will Improve, But Won't Soon Reach Pre-Pandemic Levels: Desjardins
With the Bank of Canada finally making a rate cut last month - the first one in over four years - Canada's realtors say that the country's buyers are slowly (key word) coming off the sidelines. With further rate cuts projected for 2024, the big question remains...