Home Sales Cooling in July

Metro Vancouver homes sales resembled more typical levels in July The Real Estate Board of Greater Vancouver (REBGV) reports that residential property sales in July 2016 show a decrease of 26.7% compared to June 2016. “After several months of record-breaking sales activity, home buyer demand returned to more historically normal levels in July,” Dan Morrison,… Read More Home Sales Cooling in July

May 2016 Housing Market Update

Demand remains elevated across the Metro Vancouver housing market Last month’s sales were 35.3% above the 10-year sales average for the month and rank as the highest sales total on record for May. The sales-to-active listings ratio for May 2016 is 61.7%. This is indicative of a seller’s market.