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October 2016 stats - Home sale and listing activity dip below historical averages
Reduced home sale and listing activity are changing market dynamics in communities across Metro Vancouver*.   Residential property sales in the region totalled 2,233 in October 2016, a 38.8 per cent decrease from the 3,646 sales recorded in October 2015 and a 0.9 per cent decrease compared to September 2016 when 2,253 homes sold.   Last month’s sales were 15 per cent below the 10-year October...
September 2016 stats - Home buyers and sellers face changing market dynamics
Metro Vancouver* home sales dipped below the 10-year monthly sales average last month. This is the first time this has occurred in the region since May 2014.   Metro Vancouver home sales totalled 2,253 in September 2016, a decrease of 32.6 per cent from the 3,345 sales recorded in September 2015 and a decrease of 9.5 per cent compared to August 2016 when 2,489 homes sold. Last month’s sales were...
August 2016 stats - Metro Vancouver home sales return to typical August levels
VANCOUVER, BC – September 2, 2016 – For the second straight month, home buyer demand in Metro Vancouver moved off of the record-breaking pace seen earlier this year and returned to more typical levels.   The Real Estate Board of Greater Vancouver (REBGV) reports that residential property sales in Metro Vancouver totalled 2,489 in August 2016, a decline of 26 per cent compared to the 3,362 sales...