Market Updates

May 10, 2022

April 2022 Greater Vancouver Real Estate Market Update

 

METRO VANCOUVER

Residential market cooling; price increases show downward trend

Showing the biggest single month decline in recent months, April’s home sales in the Metro Vancouver market were still 1.5% above the 10-year average, marking what appears to be a return to historical levels for what …

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Posted in Market Updates
May 10, 2022

April 2022 Fraser Valley Real Estate Market Update

 

FRASER VALLEY

Home sales drop dramatically; upward price pressure eases

Residential sales in the Fraser Valley plunged in April by more than 35% from the previous month, a dramatic decline in the home buying spree seen throughout the pandemic period over the past two years. The …

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Posted in Market Updates
April 12, 2022

March 2022 Fraser Valley Real Estate Market Update

 

FRASER VALLEY

New listings spur Valley sales; upward price pressure continues

Fraser Valley property sales remained strong in March as the seasonally high sales activity continued to exert upward price pressure. While the Valley’s new listings continued to rise for the third consecutive month, home sales …

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Posted in Market Updates
April 12, 2022

March 2022 Greater Vancouver Real Estate Market Update

 

METRO VANCOUVER

Metro Vancouver home sales pace slowing; but prices still rising

Home sales in Metro Vancouver last month dipped from the record set for March 2021, but they remained high for the current season. A total of 4,344 residential properties sold across all property types …

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Posted in Market Updates
March 15, 2022

February 2022 Fraser Valley Real Estate Market Update

 

FRASER VALLEY

Record new listings for February; Valley benchmark price surpasses Vancouver

For the second consecutive month in 2022 the Fraser Valley’s new listings continued to rise dramatically, injecting the potential for even greater unseasonal vitality in the Valley’s residential market. February saw the Valley’s new …

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Posted in Market Updates
March 15, 2022

February 2022 Greater Vancouver Real Estate Market Update

 

METRO VANCOUVER

New listings boost selection for buyers; upward price pressure remains

Metro Vancouver home buyers have a greater selection of residential properties following a 31.0% increase in new listings at the end of February compared with the previous month of January. The 5,471 newly listed …

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Posted in Market Updates
Feb. 15, 2022

January 2022 Greater Vancouver Real Estate Market Update

 

METRO VANCOUVER

Sales slower as new year begins; low inventory drives prices up

Residential sales in Metro Vancouver slowed in the opening month of this year, dipping slightly from December and a drop of over 4.0% for the same period one year ago. The January 2022 …

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Posted in Market Updates
Feb. 15, 2022

January 2022 Fraser Valley Real Estate Market Update

 

FRASER VALLEY

New year opens with slower sales pace; new listings increase

The Fraser Valley residential market saw early signs of rebalancing as the pace of January’s sales declined from December and new listings heated up. Seasonal cooling in overall market activity is common in the …

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Posted in Market Updates
Jan. 10, 2022

December 2021 Fraser Valley Real Estate Market Update

 

FRASER VALLEY

Slight decline in Valley sales still strong for winter; new listings lag

Following the busiest year ever seen the Fraser Valley’s residential market, the new year continues with robust activity this winter, although December showed a modest seasonal decline in sales, down 8.3% from …

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Posted in Market Updates
Jan. 10, 2022

December 2021 Greater Vancouver Real Estate Market Update

 

METRO VANCOUVER

Vancouver home supply low, sales still strong as new year begins

Vancouver’s residential market closed with a all-time annual record for sales at the end of 2021, leaving the lowest inventory in decades. On a monthly basis, December sales dipped nearly 22% from the …

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Posted in Market Updates