Market Statistics

Metro Vancouver home sales down in May while inventory continues to increase

Posted on Jun 04, 2024 in Market Statistics

The number of transactions on the Multiple Listing Service® (MLS®) declined in May compared to what is typical for this time of year in Metro Vancouver. This shift has allowed the inventory of homes available for sale to continue to accumulate with over 13,000 homes now actively listed on the MLS® in the region. 

Residential Average Sale Price RASP May 2024 Real Estate Vancouver Chris Frederickson

The Greater Vancouver REALTORS® (GVR...

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Inventory reaches highest level since the pandemic summer of 2020

Posted on May 02, 2024 in Market Statistics

Actively listed homes for sale on the MLS® in Metro Vancouver continued climbing in April, up 42 per cent year-over-year, breaching the 12,000 mark, a number not seen in the region since the summer of 2020. 

Residential Average Sale Price RASP April 2024 Real Estate Vancouver Chris Frederickson

Greater Vancouver REALTORS® (GVR) reports that residential sales in the region totalled 2,831 in April 2024, a 3.3 per cent increase from the 2...

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Increased seller activity is giving buyers more choice this spring

Posted on Apr 03, 2024 in Market Statistics

The number of Metro Vancouver homes listed for sale on the MLS® rose nearly 23 per cent year-over-year, providing more opportunity for buyers looking for a home this spring. 



The Greater Vancouver REALTORS® (GVR)2 reports that residential sales3 in the region totalled 2,415 in March 2024, a 4.7 per cent decrease from the 2,535 sales recorded in Marc...

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Home sellers awaken this spring, bringing much-needed inventory to the housing market

Posted on Mar 04, 2024 in Market Statistics

While Metro Vancouver home sellers appeared somewhat hesitant in January, new listings rose 31 per cent year-over-year in February, bringing a significant number of newly listed properties to the market. 

Residential Average Sale Price RASP February 2024 Vancouver Real Estate Chris Frederickson

Greater Vancouver REALTORS® (GVR) reports that residential sales in the region totalled 2,070 in February 2024, a 13.5 per cent increase from the...

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Home sales across Metro Vancouver’s housing market off to strong start in 2024

Posted on Feb 05, 2024 in Market Statistics

While the Metro Vancouver market ended 2023 in balanced market territory, conditions in January began shifting back in favour of sellers as the pace of newly listed properties did not keep up with the jump in home sales.



The Real Estate Board of Greater Vancouver (REBGV) reports that residential sales in the region totalled 1,427 in January 2024, a...

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Balanced conditions come to the Metro Vancouver housing market for the holiday season

Posted on Dec 04, 2023 in Market Statistics

With one month left in 2023, a steady increase in housing inventory is offering home buyers across Metro Vancouver among the largest selection to choose from since 2021.

Residential Average Sale Price RASP October 2023 Real Estate Vancouver Chris Frederickson
 
The Real Estate Board of Greater Vancouver (REBGV) reports that residential sales in the region totalled 1,702 in November 2023, a 4.7 per cent increase from the 1,625 sales recorde...

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