Market Statistics

March sales set an all-time record

Posted on Apr 04, 2016 in Market Statistics

Metro Vancouver home sales eclipsed 5,000 in March for the first time on record.

Residential property sales in the region totalled 5,173 in March 2016, an increase of 27.4 per cent from the 4,060 sales recorded in March 2015 and an increase of 24 per cent compared to February 2016 when 4,172 homes sold.

Last month’s sales were 56 per cent above the 1...

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Metro Vancouver home buyers set a record pace in February

Posted on Mar 03, 2016 in Market Statistics

Last month was the highest selling February on record for the Metro Vancouver housing market.

Residential property sales in the region totalled 4,172 in February 2016, an increase of 36.3 per cent from the 3,061 sales recorded in February 2015 and an increase of 65.6 per cent compared to January 2016 when 2,519 home sales occurred.

Last month’s sales...

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New Measures Aim to Improve Housing Affordability - BC Budget 2016

Posted on Feb 16, 2016 in Market Statistics

Newly built homes priced up to $750,000 will be fully exempt from the property transfer tax when bought
by Canadian citizens or permanent residents as a principal residence and lived-in for a full year. 

The measure aims to assist purchasers and help stimulate the construction of moderately priced homes. The exemption will save a purchaser up to $13...

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Home buyer competition keeps home sellers in the driver’s seat

Posted on Feb 02, 2016 in Market Statistics

Home buyer activity remains at near record levels across the Metro Vancouver housing market.

Residential property sales in Greater Vancouver totalled 2,519 in January 2016, an increase of 31.7 per cent from the 1,913 sales recorded in January 2015 and a 10.9 per cent decline compared to December 2015 when 2,827 home sales occurred.

Last month’s sales...

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Metro Vancouver home sales set an all-time record in 2015

Posted on Jan 05, 2016 in Market Statistics

In a year when the number of homes listed for sale was below historical averages, actual home sales in Metro Vancouver set a new record.

The Real Estate Board of Greater Vancouver (REBGV) reports that 2015 home sales were the highest annual total in REBGV history. This was powered early in the year by four straight months with more than 4,000 sales...

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Housing demand remains strong despite diminishing supply

Posted on Dec 02, 2015 in Market Statistics

Home sales reached near record levels in November even as home listings began the traditional year-end decline.

The Real Estate Board of Greater Vancouver (REBGV) reports that residential property sales in Metro Vancouver reached 3,524 on the Multiple Listing Service® (MLS®) in November 2015. This represents a 40.1 per cent increase compared to the...

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