Market Statistics

Home buyer demand continues to strengthen in November

Posted on Dec 03, 2024 in Market Statistics

Home sales registered in the MLS® in the Metro Vancouver market rose 28 percent year-over-year in November, building on the momentum of the 30 percent year-over-year increase seen in October. 
November 2024 Market Update Youtube Chris Frederickson
Residential Average Sale Price RASP November 2024 Real Estate Vancouver Chris Frederickson

The Greater Vancouver REALTORS® (GVR) reports that residential sales in the region totalled 2,181 in November 2024, a 28.1 per cent increase from the 1,702 sa...

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Buyer demand surges in October

Posted on Nov 05, 2024 in Market Statistics

After months of tracking approximately twenty per cent below the ten-year seasonal average, Metro Vancouver home sales surged more than 30 per cent year-over-year in October.




The Greater Vancouver REALTORS® (GVR) reports that residential sales registered on the Multiple Listing Service® (MLS®) in the region totalled 2,632 in October 2024, a 31.9 per...

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Buyers remain cautious to begin the fall market

Posted on Oct 02, 2024 in Market Statistics

Home sales registered on the MLS® in Metro Vancouver1 declined 3.8 per cent year over year in September, suggesting recent reductions in borrowing costs are having a limited effect in spurring demand so far.

Residential Average Sale Price RASP September 2024 Real Estate Vancouver Chris Frederickson
 
Greater Vancouver REALTORS® (GVR)2 reports that residential sales in the region totalled 1,852 in September 2024, a 3.8 per cent decrease from...

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Sellers await buyers’ return after quieter summer market

Posted on Sep 04, 2024 in Market Statistics

Home sales registered on the MLS® in Metro Vancouver remained below their ten-year seasonal averages in August as summer holidays come to a close.

Residential Average Sale Price RASP August 2024 Real Estate Vancouver Chris Frederickson

The Greater Vancouver REALTORS® (GVR) reports that residential sales in the region totalled 1,904 in August 2024, a 17.1 per cent decrease from the 2,296 sales recorded in August 2023. This total was also...

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More selection not translating to more transactions

Posted on Aug 06, 2024 in Market Statistics

Newly listed properties registered on the Multiple Listing  Service® (MLS®) rose nearly twenty per cent year over year in July, helping to sustain a healthy level of inventory in the Metro Vancouver housing market.

Residential Average Sale Price RASP July 2024 Real Estate Vancouver Chris Frederickson

On the demand side, the Greater Vancouver REALTORS®2 (GVR) reports that residential sales in the region totalled 2,333 in July 2024, a 5...

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Market shifting in buyers’ favour, though hesitation remains

Posted on Jul 03, 2024 in Market Statistics

Metro Vancouver home sales registered on the MLS® remained below seasonal and historical averages in June. With reduced competition among buyers, inventory has continued to accumulate to levels not seen since the spring of 2019.

Residential Average Sale Price RASP June 2024 Real Estate Vancouver Chris Frederickson

The Greater Vancouver REALTORS® (GVR) reports that residential sales in the region totalled 2,418 in June 2024, a 19.1 per...

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