A market made for buyers is missing buyers
Posted on Apr 03, 2025
GVR Market Highlights
Posted on Mar 04, 2025
After a 46 per cent year-over-year increase of new listings in January, the number of newly listed properties on the MLS® in Metro Vancouver rose more moderately in February helping keep market conditions in balanced territory.The Greater Vancouver REALTORS® (GVR) reports that residential sales in the region totalled 1,827 on Metro Vancouver’s Mult...Home sellers off to an active start in 2025
Posted on Jan 03, 2025
Homes newly listed on the MLS® in Metro Vancouver rose 46 per cent year-over-year in January, as sellers appear eager to enter the market to start the year. The Greater Vancouver REALTORS® (GVR) reports that residential sales in the region totalled 1,552 in January 2025, an 8.8 per cent increase from the 1,427 sales recorded in January 2024. This w...
Prices continue rising across Metro Vancouver as home buyer confidence returns
Posted on May 02, 2023
With listing activity remaining below historical norms, home sales in Metro Vancouver have mounted a surprising comeback, rising near levels seen last spring, before eight consecutive interest rate hikes eroded borrowing power and brought home sales activity down along with it. The Real Estate Board of Greater Vancouver (REBGV) reports that reside...
Sales and dollar volumes in the Lower Mainland's commercial real estate market hold steady in 2022 despite higher borrowing costs
Posted on Apr 03, 2023
Sales activity and dollar volumes in the Lower Mainland’s commercial real estate market held steady in 2022, despite the challenging headwinds brought about by the highest borrowing costs seen in over ten years. There were 2,116 commercial real estate sales in the Lower Mainland in 2022, a 22.9 per cent decrease from 2,743 sales in 2021, according...
Below average home sales allow inventory to inch upwards
Posted on Mar 02, 2023
February listing data show a continued reluctance among prospective home sellers to engage in Metro Vancouver’s housing market, leading to below-average sales activity. With sales remaining well-below historical norms, the number of available homes for sale in the region have continued inching upwards. The Real Estate Board of Greater Vancouver...