METRO VANCOUVER

Sales boom; listings abound; easing mortgage rules on horizon.

Surging sales broke though months of hesitancy in October as home buyers across Metro Vancouver appear finally to have responded to lower borrowing costs. With the fourth consecutive rate cut by Canada’s central bank in …

FRASER VALLEY

Sales shoot up; new mortgage rules will help buyers

Fraser Valley home sales rocketed up in October after months of buyers sitting on the sidelines watching interest rates drop. Pent-up demand seemed literally to explode for the first time since successive Bank of Canada …

METRO VANCOUVER

Buyers remain hesitant; significant price declines in select areas

Prospective home buyers in Metro Vancouver continued to hold back for another month as September home sales posted a slight month-over-month decline of 2.7% -- although a much lower rate of decline than the 18% …

FRASER VALLEY

Buyers remain on sidelines; Inventory grows while prices decline

Fraser Valley home sales this past September continued another month of lagging behind new listings, as prospective buyers remain on the sidelines while inventory grows and prices decline. September’s sales total of 982 was down …

METRO VANCOUVER

Plentiful supply awaits buyers; Bank of Canada cuts policy rate again    

Metro Vancouver’s residential market saw another month of sales decline with1,904 transactions recorded in August, an 18% drop from the previous month. It was also 17% below the same period one …

Fraser Valley

Fraser Valley poised for sales;  Further interest rate cuts expected

Residential sales volume in the Fraser Valley dropped again in August, continuing the trend in slumping sales of recent months. Buyer hesitancy persists despite a growing inventory of available Valley homes amid dipping prices, and …

METRO VANCOUVER

Sales lag despite interest rate cuts; Inventory above 10-year average

Prospective home shoppers in Metro Vancouver showed another month of reluctance in July despite a second Bank of Canada policy rate cut last month and a teeming inventory of available homes. The July sales …

FRASER VALLEY

Lower interest rates still not spurring sales; Valley combined benchmark price dips below $1-million

Fraser Valley residential sales continued their recent downward trend in July to 1,230 homes sold, a 6.3% decline from June and down by 26% on a 10-year seasonal average. Recent …

METRO VANCOUVER

Sales down while national average up; supply increases

Metro Vancouver residential sales showed a continuing a month-over-month decline in June with a total of 2,418 homes sold across all property types, an 11.5% drop from May. With the previous month’s more modest dip of …

FRASER VALLEY

Sales dip despite central bank rate cut; inventory grows

Fraser Valley home sales for June were mildly disappointing after an optimistic uptick one month earlier. The Valley’s sales decline comes while the national average for home sales rose in June by 3.7%. Market watcher …