MAY 2024 Update – Home sales down in May while inventory continues to increase

Home sales down in May while inventory continues to increase ------- The number of transactions on the Multiple Listing Service® (MLS®) declined in May compared to what is typical for this time of year in Metro Vancouver1. This shift has allowed the inventory of homes available for sale to continue to accumulate with over 13,000

APRIL 2024 Update – Inventory reaches highest level since the pandemic summer of 2020

Inventory reaches highest level since the pandemic summer of 2020 ------- Actively listed homes for sale on the MLS® in Metro Vancouver1 continued climbing in April, up 42 per cent year-over-year, breaching the 12,000 mark, a number not seen in the region since the summer of 2020. Greater Vancouver REALTORS® (GVR)2 reports that residential sales3 in the region

MARCH 2024 Update – Increased seller activity is giving buyers more choice this spring

Increased seller activity is giving buyers more choice this spring ------- The number of Metro Vancouver1 homes listed for sale on the MLS® rose nearly 23 per cent year-over-year, providing more opportunity for buyers looking for a home this spring. The Greater Vancouver REALTORS® (GVR)2 reports that residential sales3 in the region totalled 2,415 in March 2024, a

FEBRUARY 2024 Update – Sellers active, inventory up

Home sellers active, bring much-needed inventory to housing market ------- While Metro Vancouver1 home sellers appeared somewhat hesitant in January, new listings rose 31 per cent year-over-year in February, bringing a significant number of newly listed properties to the market. Greater Vancouver REALTORS® (GVR)2 reports that residential sales3 in the region totalled 2,070 in February 2024, a 13.5
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JANUARY 2024 Update – Vancouver housing market off to strong start in 2024

Home sales across Metro Vancouver’s housing market off to strong start in 2024 ------- While the Metro Vancouver1 market ended 2023 in balanced market territory, conditions in January began shifting back in favour of sellers as the pace of newly listed properties did not keep up with the volume of home sales. The Real Estate Board