Market Updates

May 11, 2021

April 2021 Fraser Valley Real Estate Market Update

 

FRASER VALLEY

Fraser Valley composite benchmark price surpasses $1-million; new listings seen to be moderating price surge.

The Fraser Valley residential market is continuing to set new records in monthly sales volumes. Last month sales totalling 3,016 set a new record for April transactions, a 338% increase over ...

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Posted in Market Updates
May 11, 2021

April 2021 Greater Vancouver Real Estate Market Update

 

METRO VANCOUVER

Dip in April sales volume prompts speculation on market; upward price pressure continues

After the lengthy trend of escalating sales volume in Metro Vancouver’s hot housing market over many months, the slight drop recorded at the end of April has raised the question of whether it is ...

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Posted in Market Updates
April 13, 2021

March 2021 Fraser Valley Real Estate Market Update

 

Fraser Valley has hottest market in 100 years; new listings spur increased sales  

Fraser Valley real estate activity last month blew past its highest levels in 100 years. With the extreme demand for Valley properties, the blistering pace of home sales has been spurred on with record new ...

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Posted in Market Updates
April 13, 2021

March 2021 Greater Vancouver Real Estate Market Update

 

New records set in Metro Vancouver home sales; new listings rise steeply

Residential sales soared across Metro Vancouver this past March, reaching the highest recorded level ever. Total sales in March were 5,708, a 53% increase over February, and 126% increase over the same period one year ago ...

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Posted in Market Updates
March 9, 2021

February 2021 Fraser Valley Real Estate Market Update

 

Fraser Valley’s home sales volume highest in 100 years; detached home prices spike in some areas.

Fraser Valley home sales shattered another record this past February, reaching the highest recorded volumes in 100 years. The extraordinary market activity is a continuation of a surging trend since last fall. The ...

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Posted in Market Updates
March 9, 2021

February 2021 Greater Vancouver Real Estate Market Update

 

Prices rising across all residential types in Metro Vancouver; high demand creates seller’s market

Metro Vancouver’s residential market saw an increased rate of price rises last month, as high demand continues to trend upwards. The higher-than-normal seasonal sales activity has created a seller’s market, with competition among home buyers ...

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Posted in Market Updates
Feb. 9, 2021

January 2021 Fraser Valley Real Estate Market Update

 

Fraser Valley home sales set new January record. Notable price declines in Condominiums

Setting a new record, Fraser Valley residential sales soared to an historical high in the opening month of 2021. January’s sales across all property types closed at a total 1,718, 72% above the 10-year average ...

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Posted in Market Updates
Feb. 9, 2021

January 2021 Greater Vancouver Real Estate Market Update

 

January home sales higher than normal. New listings decline; prices rising

Home sales across Metro Vancouver during the month of January remained higher than normal although declining somewhat from their blistering pace at the close of 2020. While winter months are not usually the busiest time for real estate ...

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Posted in Market Updates
Jan. 12, 2021

December 2020 Greater Vancouver Real Estate Market Update

 

METRO VANCOUVER

New year sees single detached home prices rise; attached home prices decline

The start of the new year saw the upward trend in the composite benchmark price continue for residential properties in Metro Vancouver, as we forecast last month. Reaching $1,047,400, this average price across ...

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Posted in Market Updates
Jan. 12, 2021

December 2020 Fraser Valley Real Estate Market Update

 

FRASER VALLEY

New year opens with ongoing strong home sales in Fraser Valley

The surge of residential sales in the Fraser Valley showed no signs of abating as the new year rolled in on the heels of the busiest December on record. Closing the sixth consecutive month of record ...

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Posted in Market Updates