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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...

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...

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...

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...

Metro Vancouver home buyers push October sales above long-term averages

Posted on Nov 03, 2015 in Market Statistics

Home buyers remain active across Metro Vancouver despite a reduced supply of homes for sale.

The Real Estate Board of Greater Vancouver (REBGV) reports that residential property sales in *Metro Vancouver reached 3,646 on the Multiple Listing Service® (MLS®) in October 2015. This represents a 19.3 per cent increase compared to the 3,057 sales recorde...

Metro Vancouver home buyers compete for fewer home listings

Posted on Oct 02, 2015 in Market Statistics

Conditions continue to favour home sellers across Metro Vancouver’s housing market.

The Real Estate Board of Greater Vancouver (REBGV) reports that residential property sales in Metro Vancouver reached 3,345 on the Multiple Listing Service® (MLS®) in September 2015. This represents a 14.5 per cent increase compared to the 2,922 sales recorded in Sep...

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