June 2018

Reduced demand is allowing housing supply to accumulate

Posted on Jun 05, 2018 in Market Statistics

Home buyer demand continues to decline across the Metro Vancouver housing market.

Residential Average Sale Price RASP May 2018 Real Estate Vancouver Chris Frederickson

The Real Estate Board of Greater Vancouver (REBGV) reports that residential property sales in the region totalled 2,833 in May 2018, a 35.1 per cent decrease from the 4,364 sales recorded in May 2017, and a 9.8 per cent increase compared to April 2018 when 2,579 homes...

Read More