Metro Vancouver home sales decline below historical averages in 2018
Posted on Jan 03, 2019
Metro Vancouver home sales in 2018 were the lowest annual total in the region since 2000.The Real Estate Board of Greater Vancouver (REBGV) reports that sales of detached, attached and apartment properties reached 24,619 on the Multiple Listing Service® (MLS®) in 2018, a 31.6 per cent decrease from the 35,993 sales recorded in 2017, and a 38.4 per...
Metro Vancouver homes sales down across all property types
Posted on Dec 04, 2018
Home buyer demand remains below long-term historical averages in the Metro Vancouver housing market.The Real Estate Board of Greater Vancouver (REBGV) reports that residential home sales totalled 1,608 in the region in November 2018, a 42.5 per cent decrease from the 2,795 sales recorded in November 2017, and an 18.2 per cent decrease compared to O...
Home listings at four-year October high as sales remain below typical levels
Posted on Nov 02, 2018
Home sale activity across Metro Vancouver* remained below long-term historical averages in October.
The Real Estate Board of Greater Vancouver (REBGV) reports that residential home sales in the region totalled 1,966 in October 2018, a 34.9 per cent decrease from the 3,022 sales recorded in October 2017, and a 23.3 per cent increase compared to Sept...
More supply and less demand seen across Metro Vancouver housingmarket
Posted on Oct 02, 2018
The supply of homes for sale continued to increase across the Metro Vancouver* housing market in September while home buyer demand remained below typical levels for this time of year.The Real Estate Board of Greater Vancouver (REBGV) reports that residential property sales in the region totalled 1,595 in September 2018, a 43.5 per cent decrease fro...
Home buyer demand stays below historical averages in August
Posted on Sep 05, 2018
The Metro Vancouver* housing market continues to experience reduced demand across all housing types.The Real Estate Board of Greater Vancouver (REBGV) reports that residential home sales in the region totalled 1,929 in August 2018, a 36.6 per cent decrease from the 3,043 sales recorded in August 2017, and a 6.8 per cent decline compared to July 201...
New CMHC measures to help self-employed Canadians buy a home
Posted on Aug 17, 2018
If you're self-employed, you're part of a growing trend. About 15 per cent of Canada’s workforce is now self-employed, a group that typically finds it more difficult to qualify for a mortgage because their income may vary or be less predictable. As of October 1, 2018, Canada Mortgage and Housing Corporation (CMHC) mortgage loan insurance will be av...