Market Updates

Dec. 11, 2021

November 2021 Fraser Valley Real Estate Market Update

 

Residential sales at record highs; new listings still in decline

Home sales in the Fraser Valley continue to rise even as temperatures drop, reaching well beyond typical seasonal norms. The past month of November saw the second highest sales volume across all property types on record for …

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Posted in Market Updates
Dec. 11, 2021

November 2021 Greater Vancouver Real Estate Market Update

 

Home sales well above seasonal average; new listings not keeping pace

Residential sales in Metro Vancouver at the end of November continued to run well above the seasonal average. As has been the case in recent months, demand continues to outstrip supply and the number of new …

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Posted in Market Updates
Nov. 9, 2021

October 2021 Greater Vancouver Real Estate Market Update

 

METRO VANCOUVER

High demand outpaces new listings; declining supply exerts upward price pressure

The Metro Vancouver housing market continued to see home sales push upwards in October despite a declining overall supply of available homes across all property types. October’s dip in new listings dampened the …

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Posted in Market Updates
Nov. 9, 2021

October 2021 Fraser Valley Real Estate Market Update

 

Fraser Valley

Home sales still at record highs; new listings drop below average

Fraser Valley home sales again soared to record heights for the month of October, reaching the third highest recorded volume for this period. The persistent high demand for a Valley home, however, is …

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Posted in Market Updates
Oct. 12, 2021

September 2021 Fraser Valley Real Estate Market Update

 

FRASER VALLEY

Fraser Valley home sales volume steady, still historically high; new listings up in September

Fraser Valley home sales continued at a brisk pace in September, while slowing somewhat again as has been the trend for several months. However, on a historical comparison, Valley sales …

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Posted in Market Updates
Oct. 12, 2021

September 2021 Greater Vancouver Real Estate Market Update

 

METRO VANCOUVER

Home sales continue at above average pace; new listings increase

The pace of residential sales in Metro Vancouver remained steady this past September, the negligible decrease of 0.1% from the preceding month of August still part of slowing seen over recent months but, historically …

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Posted in Market Updates
Sept. 14, 2021

August 2021 Fraser Valley Real Estate Market Update

 

Sales remains robust; housing inventory shrinks as new listings decline

Fraser Valley sales continued robustly in August as home purchases reached a total of 2.087, an increase of 4.0% over the preceding month and 2.4% higher than one year ago. However, new listings took another dip last …

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Posted in Market Updates
Sept. 14, 2021

August 2021 Greater Vancouver Real Estate Market Update

 

Market activity slows again but still above historical average; new listings down, some price declines

The Metro Vancouver residential market slowed for another month in August, both in sales activity and new listings. While outpacing new listings for the month, sales are still strong at 20% above …

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Posted in Market Updates
Aug. 11, 2021

July 2021 Fraser Valley Real Estate Market Update

 

Home sales strong but further slowing seen in July; low inventory could push prices up

The Fraser Valley residential market showed another month of cooling activity this past July while still remaining a sellers’ market with above average demand for all property types. Total sales for the …

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Posted in Market Updates
Aug. 11, 2021

July 2021 Greater Vancouver Real Estate Market Update

 

Home sales still cooling, but remain above average; some prices decrease   

Residential market activity In Metro Vancouver continued to slow as July recorded the fourth consecutive month of moving off the frenetic pace seen over the preceding year. Yet, July home sales were over 6.0% higher …

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Posted in Market Updates