Market News & Statistics
Metro Vancouver Housing Market: What to Expect in 2012
December 16, 2011
It's been a tumultuous three years for the Lower Mainland residential market and as the holiday season approaches, many home owners, buyers and investors are wondering what the housing market has in store for them next year.
Will 2012 be a good year to buy a home? Should home owners wait another year to sell? Will financing conditions continue favour residential and investment property buyers in next year?
This month, the British Columbia Real Estate Association (BCREA) released its 2012 Housing Forecast. The report analyzes trends from the past year and provides projections for 2012 based on current economic indicators like mortgage rates, immigration, and domestic and foreign investment.
Lower Mainland market stabilizes as it enters winter period
December 16, 2011
The Real Estate Board of Greater Vancouver (REBGV) reported steady home sales and listing activity in November 2011, bringing some much needed stability at the end of a volatile year. Sales of detached, attached and apartment properties reached 2,360 units in November, a 5.9 per cent decline when compared to the 2,509 units sold in November 2010.
Increased inventory continues to balance housing market conditions
November 7, 2011
The Real Estate Board of Greater Vancouver (REBGV) reports that year-over-year home sales in the region reached 2,317 in October, a 1 per cent decrease compared to the 2,337 sales in October 2010.
Video: September 2011 Housing Market Update
October 14, 2011
The Real Estate Board of Great Vancouver recently released a video market update discussing market conditions during September 2011
Listings activity continues to increase in Greater Vancouver market
October 14, 2011
The October 2011 market report from the Real Estate Board of Greater Vancouver (REBGV) indicates that home listings in Greater Vancouver continued to rise in September
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