Be in the know in 2019!  Metro Vancouver real estate blog 

Metro Vancouver home sales increase in May but still well below 10 year average 

Posted on Jun 05, 2019

Monthly *Metro Vancouver1 home sales eclipsed 2,000 for the first time this year in May, although home buyer demand remains below historical averages. 

The Real Estate Board of Greater Vancouver (REBGV) reports that residential home sales in the region totalled 2,638 in May 2019, a 6.9 per cent decrease from the 2,833 sales recorded in May 2018, and...

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March low real estate sales show market still adjusting 

Posted on Apr 08, 2019

Metro Vancouver home sales dipped to the lowest levels seen in March in more than three decades.

The Real Estate Board of Greater Vancouver (REBGV) reports that residential home sales in the region totalled 1,727 in March 2019, a 31.4 per cent decrease from the 2,517 sales recorded in March 2018, and a 16.4 per cent increase from the 1,484 homes sol...

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Federal Budget 2019 & Housing Highlights - An industry perspective 

Posted on Mar 21, 2019




Improving Affordability Today: Support for First-Time Home Buyers

To help make homeownership more affordable for first-time home buyers, Budget 2019 introduces the First-Time Home Buyer Incentive.

  • The Incentive would allow eligible first-time home buyers who have the minimum down payment for an insured mortgage to apply to finance a portion of their...

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A buyers market in February for most home types, condo prices up. 

Posted on Mar 08, 2019

The Metro Vancouver housing market saw increased supply from home sellers and below average demand from home buyers in February.The Real Estate Board of Greater Vancouver (REBGV) reports that residential home sales in the region totalled 1,484 in February 2019, a 32.8 per cent decrease from the 2,207 sales recorded in February 2018, and a 34.5 per...

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Condos & townhomes in SW Marine Dr neighbourhood see 193% growth in 5 years 

Posted on Feb 24, 2019


Condos and townhomes in the SW Marine Drive neighbourhood of Vancouver West had the highest appreciation in median prices over the last  5 years of all Westside neighbourhoods.  South Cambie followed with 127% appreciation in median prices since 2014, then South Granville, Mackenzie Heights, and Kerrrisdale. 
 

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Downtown prices soften in January but sales increase over month prior

Posted on Feb 04, 2019

Vancouver’s downtown condo and townhouse real estate market saw a 10% increase in condo sales, an inventory increase of 21%, and an decrease in sale prices of 2% in January compared to December. 

Current trends put the downtown, and Westend markets in “balanced” market conditions, while Yaletown and Coal Harbour were in a “Buyer’s” market conditions...

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