Market Updates

July 13, 2021

June 2021 Fraser Valley Real Estate Market Update

 

High demand remains as sales dip again; some price declines

Mid-summer activity in the Fraser Valley’s housing market remains hot but with some cooling again this past June. The Valley’s 2,247 sales total last month was a 31% increase over the same period one year ago and …

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Posted in Market Updates
July 13, 2021

June 2021 Greater Vancouver Real Estate Market Update

 

Summer sales still hot but cooling; some price decreases

For a third consecutive month, Metro Vancouver’s residential market cooled slightly in June from its previous blistering pace. But while the dip appears to be trending on a month-over-month comparison, sellers’ market conditions continue with low interest rates …

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Posted in Market Updates
June 15, 2021

May 2021 Fraser Valley Real Estate Market Update

 

FRASER VALLEY

Second consecutive monthly dip in sales; demand remains high for Valley homes

The Fraser Valley residential market saw its second consecutive month of cooling sales volume in May, decreasing slightly by 2.0% from the preceding month. April was the first month to show decreased …

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Posted in Market Updates
June 15, 2021

May 2021 Greater Vancouver Real Estate Market Update

 

METRO VANCOUVER

Month-over-month sales decline; sellers’ market remains with high demand  

The pace of Metro Vancouver’s residential market activity slowed again in May, the second consecutive month-over-month dip following a 10-month surge reaching record high sales for the region. Still, May’s 13% decrease in sales …

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Posted in 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% …

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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 …

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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 …

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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 …

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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 …

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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 …

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Posted in Market Updates