Market News

VANCOUVER, BC - Consistent increases in property listings and fewer home sales over the summer months has helped move the Greater Vancouver housing market into the upper end of a buyers’ market.

VANCOUVER, BC – The Real Estate Board of Greater Vancouver (REBGV) honoured the very best in commercial building at its 2nd annual Commercial Building Awards on September 29.

VANCOUVER, BC – August marked the third consecutive month that home sale activity in Greater Vancouver was below the 10-year average for the month. In contrast, home listing activity in the region has exceeded the 10-year norm every month since the beginning of the year.

VANCOUVER, BC – While the balance between home buyer and seller activity remains in an equilibrium range in the Greater Vancouver housing market, last month’s home sale total was below the 10-year average for July.

VANCOUVER, BC – Home sellers outpaced buyers on Greater Vancouver’s Multiple Listings Service® (MLS®) in June, drawing the market back toward balance this summer.

VANCOUVER, BC – Home sales remained at typical springtime levels on the Multiple Listing Service® (MLS®) in Greater Vancouver in May.

VANCOUVER, BC –  Three housing related charities recently received more than $34,000 in donations from the REALTORS Care® Shelter Drive.

VANCOUVER, BC - Greater Vancouver saw a typical, solid month of residential home sales on the Multiple Listing Service® (MLS®) in April, in contrast to the near record pace witnessed in the two preceding months.

VANCOUVER, BC - Activity in the Greater Vancouver housing market continued to strengthen in March with both the number of homes sold and added to the region’s Multiple Listing Service® (MLS®) reaching near record levels.

VANCOUVER, BC - The Real Estate Board of Greater Vancouver (REBGV) is pleased to introduce Rosario Setticasi as the association’s 2011/2012 president. Setticasi replaces outgoing President Jake Moldowan.

VANCOUVER, BC - REALTOR® Harvey Exner became the third recipient of the Real Estate Board of Greater Vancouver’s (REBGV) Professional Excellence Award, March 25, during the association’s annual President’s Recognition Dinner.

VANCOUVER, BC – Three Greater Vancouver REALTORS® were recognized for their deep commitment to charitable causes in 2010. Rob Jeeves, Kenan MacKenzie and Patricia Simpson were named 2010 recipients of the REALTORS Care® Awards during an event hosted by the Real Estate Board of Greater Vancouver (REBGV).

VANCOUVER, BC – Demand for detached homes continues to be strong across Greater Vancouver, with particularly high sales volumes occurring in Richmond and Vancouver Westside.

VANCOUVER, BC – The Greater Vancouver housing market remained in balanced market conditions in January, although higher levels of buyer demand were seen in some of the region’s largest communities.

VANCOUVER, BC – The Greater Vancouver residential housing market entered three distinctive phases in 2010. Continued buoyancy from the post-recession recovery began the year, followed by a summer lull and, throughout the fall, a sustained period of stability.

VANCOUVER, BC – Facing down predictions for severe winter weather this year, the 16th annual REALTORS Care® Blanket Drive received its most overwhelming response to date. The Blanket Drive, which officially took place from November 29 to December 6, collected 5,186 bags of clothing, coats and blankets for dozens of charities across the Lower Mainland.

VANCOUVER, BC – Greater Vancouver residential home sales improved in November compared to the previous four months, with the number of sales posted on the Multiple Listing Service® (MLS®) coming in slightly higher than the 10-year average for that month.

VANCOUVER, BC – With predictions for this winter to be the coldest and wettest in 50 years, and the number of homeless people on the rise in the Lower Mainland, the need for the annual REALTORS Care® Blanket Drive could be at its highest in its 16-year history.

VANCOUVER, BC - Greater Vancouver home sales have remained steady over the past four months, indicating stability in the residential housing market. With the MLS® sales to active listing inventory ratio indicating a buyers’ market, properties appropriately priced are selling.

VANCOUVER, BC – REALTORS® with the Burnaby/New Westminster/Tri-Cities (BNT) division of the Real Estate Board of Greater Vancouver (REBGV) raised nearly $10,000 for the Tri-City Women’s Resource Society at their annual golf tournament at the Carnoustie Golf Club in Coquitlam on September 14.

VANCOUVER, BC - September home sales in Greater Vancouver were consistent with activity experienced in the preceding two months across most categories.

VANCOUVER, B.C. – September 27, 2010 – A sold-out event celebrated the ‘best of commercial building’ at the inaugural Real Estate Board of Greater Vancouver (REBGV) Commercial Building Awards, September 23, at the Renaissance Hotel.

VANCOUVER, BC - Conditions in the Greater Vancouver housing market continued to favour buyers in August. Since April, prices have edged down slightly as the number of sales and the number of properties coming on to the market have been declining.

VANCOUVER, BC - Home sales activity in Greater Vancouver was quieter last month than most Julys over the past decade, with residential sales, prices, and the number of homes listed for sale trending downward in recent months.

VANCOUVER, BC – The Greater Vancouver housing market experienced steady activity to begin the summer season. The Real Estate Board of Greater Vancouver (REBGV) reports that residential property sales in Greater Vancouver totalled 2,972 in June 2010, a decline of 30.2 per cent compared to the 4,259 sales in June 2009, which was the second highest selling June on record.

VANCOUVER, BC – The number of properties listed for sale in Greater Vancouver continued to rise in May, while the number of sales showed a year-over-year decrease.

VANCOUVER, BC – The Greater Vancouver housing market experienced increased activity in April thanks to a steady balance of home buyers and sellers entering the marketplace.

VANCOUVER, BC - A steady influx of new listings has helped create a balanced ‘typical spring’ housing market in the Greater Vancouver region.

VANCOUVER, BC - REALTORS® have been recognized for their deep commitment to various charitable and advocacy causes in their communities in 2009.

VANCOUVER, B.C. – Port Moody REALTOR® Sheila Francis was recently named the second ever recipient of the Real Estate Board of Greater Vancouver’s Professional Excellence Award.

VANCOUVER, BC - The Greater Vancouver housing market continued to experience strong demand from homebuyers and an increase in total property listings in a month where the eyes of the world were focused on the region. 

VANCOUVER, BC – REALTORS® from the Real Estate Board of Greater Vancouver’s (REBGV) commercial and six geographical divisions converted a year’s worth of meetings, seminars and other events into thousands of dollars for the people most in need within their respective communities.

VANCOUVER, BC - Diverse selection and favourable interest rates continue to drive demand in the Greater Vancouver housing market.

VANCOUVER – After beginning the year at near record low sales levels, buyers’ confidence in the Greater Vancouver housing market quickly returned, allowing for significant and sustained increases in the number of residential property sales for much of 2009.

VANCOUVER – The 15th annual REALTORS® Care Blanket Drive is proof that wonderful things happen when everyone pitches in.

VANCOUVER - Home values continued to edge upward in November as demand in the Greater Vancouver housing market remains well above seasonal norms.

VANCOUVER – Strong demand has led to a steady rise in Greater Vancouver home prices compared to last year.

Greater Vancouver home sales remained strong last month, with the second highest number of residential sales ever recorded for the month of September.

VANCOUVER, BC - The number of home sales in Greater Vancouver increased significantly last month compared to August 2008 and moved closer in line with the active summer months experienced between 2003 and 2007.

VANCOUVER, BC – The Greater Vancouver housing market gained further momentum in July with record sales levels and a continued strengthening of home prices.

VANCOUVER, BC -  The combination of low interest rates and more affordable pricing helped propel Greater Vancouver home sale numbers to the second all-time highest total for the month of June.

The White Rock RCMP credit Realty Watch, the community crime prevention program of Lower Mainland REALTORS®, for helping them locate a missing, vulnerable senior within one hour of asking for their assistance. 

VANCOUVER, BC - A continued increase in buyer activity over the last four months has resulted in increased home sales and lessened the downward pressure on housing prices in Greater Vancouver.

VANCOUVER, BC – With more buyers and fewer homes for sale in recent months, the Greater Vancouver housing market has entered a more moderate and balanced state.

VANCOUVER, B.C. – The Metro Vancouver housing market experienced a movement away from volatility and toward stability to start the spring season.

Vancouver, B.C. - The Real Estate Board of Greater Vancouver (REBGV) is pleased to introduce K. Scott Russell as the 2009/2010 president of the board.

VANCOUVER, B.C. -  REALTOR® Judith Whyte became the first-ever recipient of The Real Estate Board of Greater Vancouver’s Professional Excellence Award, March 26, during the annual REBGV President’s Recognition Dinner at the Fairmont Hotel Vancouver.

VANCOUVER, B.C. – Residential housing sales in Greater Vancouver rose 94 per cent in February compared to the month before, with 1,480 sales registered in February compared to 762 sales in January, which was the slowest month for housing sales in 25 years.

VANCOUVER, B.C. – The first month of 2009 saw a continued reduction in the number of homes listed for sale in Greater Vancouver, while sales volumes in January were the lowest for that month since the early 1980s.

VANCOUVER, B.C. – Yesterday’s federal budget offered a number of initiatives to benefit homebuyers and homeowners in our communities.