Blog by Karel Palla

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July 2019 Metro Vancouver Homes Sales Increase

August 7th, 2019
Home sales increase in July Home buyer demand picked up across Metro Vancouver last month, making July, a traditionally quieter month in real estate, the second highest selling month so far this year. The Real Estate Board of Greater Vancouver (REBGV) reports that residential home sales in the region totalled 2,557 in July 2019, a 23.5 per cent increase from the 2,070 sales recorded in July ...

May 2019 Metro Vancouver Housing Market Sales Sees Modest Increase

June 4th, 2019
May sees modest increase in home sales while housing supply reaches five-year high Monthly Metro Vancouver1 home sales eclipsed 2,000 for the first time this year in May, although home buyer demand remains below historical averages. The Real Estate Board of Greater Vancouver (REBGV) reports that residential home sales in the region totalled 2,638 in May 2019, a 6.9 per cent decrease from th ...

Market Watch: Metro Vancouver Housing Market April 2019

May 13th, 2019
Reduced demand and increased supply remain the trend across Metro Vancouver’s housing market Decreased demand continues to allow the supply of homes for sale to accumulate across the Metro Vancouver housing market. The Real Estate Board of Greater Vancouver (REBGV) reports that residential home sales in the region totalled 1,829 in April 2019, a 29.1 per cent decrease from the 2,579 sales r ...

Home Seller Supply Grows

July 9th, 2018
Home seller supply grows as demand declines With home sale activity dipping below long-term historical averages, the supply of homes for sale in Metro Vancouver reached a three-year high in June. The Real Estate Board of Greater Vancouver (REBGV) reports that residential home sales in the region totalled 2,425 in June 2018, a 37.7 per cent decline from the 3,893 sales recorded in June 2017, ...

May 2018 Housing Market Stats.

June 4th, 2018
Reduced demand is allowing housing supply to accumulate Home buyer demand continues to decline across the Metro Vancouver housing market. The Real Estate Board of Greater Vancouver (REBGV) reports that residential property sales in the region totalled 2,833 in May 2018, a 35.1 per cent decrease from the 4,364 sales recorded in May 2017, and a 9.8 per cent increase compared to April 2018 whe ...

April 2018 Metro Vancouver Housing Stats.

May 3rd, 2018
Home sales down, listings up across Metro Vancouver The Metro Vancouver housing market saw fewer home buyers and more home sellers in April. The Real Estate Board of Greater Vancouver (REBGV) reports that residential property sales in the region totalled 2,579 in April 2018, a 27.4 per cent decrease from the 3,553 sales recorded in April 2017, and a 2.5 per cent increase compared to March 2 ...

February 2018 Metro Vancouver Housing Stats. - Condo/Townhouse Market Main Driver of the Market

March 7th, 2018
Home buyers were less active in February Metro Vancouver* home sales dipped below the long-term historical average in February. The Real Estate Board of Greater Vancouver (REBGV) reports that residential property sales in the region totalled 2,207 in February 2018, a nine per cent decrease from the 2,424 sales recorded in February 2017, and a 21.4 per cent increase compared to January 2018 ...

January 2018 Housing Market Stats. - Home Buyer Demand Depends on Property Type

February 2nd, 2018
Home buyer demand depends on property type  Attached and apartment homes are in demand across Metro Vancouver while detached home buyers are facing less competition today. The Real Estate Board of Greater Vancouver (REBGV) reports that residential home sales in the region totalled 1,818 in January 2018, a 19.4 per cent increase from the 1,523 sales recorded in January 2017, and a 9.8 per ce ...

Steveston Lane Standards Public Input

January 9th, 2018
The public is invited to provide input on the City of Richmond’s lane standards and options for the lane dedication between Richmond Street and Broadway Street, from No. 1 Road to 2ndAvenue. The proposed lane standard options include: Paved Lane Green Swale Lane Country Lane Bikeway Public input will also be sought on other design measures, including traffic calming option ...

Steady Sales and Diminished Listings Characterize 2017 for the Metro Vancouver Housing Market

January 9th, 2018
Steady sales and diminished listings characterize 2017 for the Metro Vancouver housing market After reaching record levels in 2015 and 2016, Metro Vancouver home sales returned to more historically normal levels in 2017. Home listings, on the other hand, came in several thousand units below typical activity. The Real Estate Board of Greater Vancouver (REBGV) reports that sales of detached, ...

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