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
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.
Strong home buyer demand coupled with below average home listing activity has created seller’s market conditions within the Metro Vancouver housing market.… Read More April 2015 Housing Market
Residential property sales in Greater Vancouver totalled 2,116 in December 2014, an increase of 8.3% from the 1,953 sales recorded in December 2013.… Read More 2014 year end Housing Market Update