Blog by Karel Palla

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JANUARY 2021: Home Buyer Demand Remains Elevated Across Metro Vancouver

February 3rd, 2021
Home buyer demand remains elevated across Metro Vancouver In the first month of 2021, Metro Vancouver’s* housing market continued the pattern set at the end of last year with home sale activity outpacing the supply of homes listed for sale.  The Real Estate Board of Greater Vancouver (REBGV) reports that residential home sales in the region totalled 2,389 in January 2021, a 52.1 per cent in ...

Metro Vancouver Housing Market Shows Resilience In 2020

January 5th, 2021
Metro Vancouver housing market shows resilience in 2020 Strong December activity brought Metro Vancouver’s* 2020 home sales total in line with the region’s long-term annual average. The Real Estate Board of Greater Vancouver (REBGV) reports that residential home sales in the region totalled 30,944 in 2020, a 22.1 per cent increase from the 25,351 sales recorded in 2019, and a 25.7 p ...

Market Watch: November 2020 Metro Vancouver Home Sales Outpace Seasonal Norms and Long-Term Averages

December 3rd, 2020
November home sales outpace seasonal norms and long-term averages Housing demand in Metro Vancouver* continues to outpace historical averages with November sales eclipsing 3,000 for the first time since 2015.  The Real Estate Board of Greater Vancouver (REBGV) reports that residential home sales in the region totalled 3,064 in November 2020, a 22.7 per cent increase from the 2,498 s ...

Home Sale and Listing Resurgence Extends Into The Fall

November 4th, 2020
Home sale and listing resurgence extends into the fall Home sale and new listing activity remained at near record levels across Metro Vancouver in October. The Real Estate Board of Greater Vancouver (REBGV) reports that residential home sales in the region totalled 3,687 in October 2020, a 29 per cent increase from the 2,858 sales recorded in October 2019, and a 1.2 per cent increas ...

June 2020 Metro Housing Market Sees Steady Increases in Home Sale and Listing Activity

July 6th, 2020
Steady increases in home sale and listing activity continue in June Home buyers and sellers have gradually become more active in each month of the COVID-19 pandemic. In June, home sale and listing activity in Metro Vancouver* returned to more historically typical levels. The Real Estate Board of Greater Vancouver (REBGV) reports that residential home sales in the region totalled 2,443 in Ju ...

Market Watch: Home Buyers and Sellers Adjust Their Activities in March Amid Covid-19 Outbreak

April 3rd, 2020
Home buyers and sellers adjust their activities in March amid challenging circumstances Metro Vancouver’s* housing market saw steady home buyer demand to begin March and a levelling 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 ...

Market Watch: Steady Demand and Low Supply Benefits Home Sellers

March 3rd, 2020
Steady demand and low supply benefits home sellers February saw steady home buyer demand and reduced home seller supply across Metro Vancouver. The Real Estate Board of Greater Vancouver (REBGV) reports that residential home sales in the region totalled 2,150 in February 2020, a 44.9 per cent increase from the 1,484 sales recorded in February 2019, and a 36.9 per cent increase from the 1,57 ...

Home Sales Activity Up, Supply Down to Start 2020

February 4th, 2020
Home sale activity up, supply down to start 2020 Home sale and price activity remained steady in Metro Vancouver to start 2020 while home listing activity declined in January. The Real Estate Board of Greater Vancouver (REBGV) reports that residential home sales in the region totalled 1,571 in January 2020, a 42.4 per cent increase from the 1,103 sales recorded in January 2019, and ...

November 2019: Metro Vancouver Home Sales to Historically Typical Levels

December 4th, 2019
Metro Vancouver home sales return to historically typical levels After a quieter first half of 2019, home buyer activity has returned to more historically typical levels in Metro Vancouver*. The Real Estate Board of Greater Vancouver (REBGV) reports that residential home sales in the region totalled 2,498 in November 2019, a 55.3 per cent increase from the 1,608 sales recorded in November 2 ...

Market Watch: Metro Vancouver Home Buyer Activity Increases in October

November 7th, 2019
Home buyer activity increases in October 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 per cent increase from the 1,966 sales recorded in October 2018, and a 22.5 per cent increase from the 2,333 homes sold in S ...

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