Market Updates

Aug. 15, 2023

July 2023 Greater Vancouver Real Estate Market Update

 

METRO VANCOUVER

Robust sales continue despite interest rate hike; prices still rising

Metro Vancouver’s residential market remained robust in July with a 22% increase in sales compared to the previous month. The total sales volume for the month across all housing types, which reached 2,455, was …

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Posted in Market Updates
Aug. 15, 2023

July 2023 Fraser Valley Real Estate Market Update

 

FRASER VALLEY

Mid-summer sales decline significantly; prices still inch upwards

Home sales across the Fraser Valley in July fell off by close to 30% from the preceding month after successive monthly increases since the beginning of the year. However, July’s sales of 1,368 were still almost …

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Posted in Market Updates
July 18, 2023

June 2023 Greater Vancouver Real Estate Market Update

 

METRO VANCOUVER

Summer sees many home shoppers; new listings needed

Metro Vancouver’s residential market continued with strong sales last month, though dipping slightly from the previous month, while home prices continued the upward trend seen since the beginning of this year. Although summer typically brings out …

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Posted in Market Updates
July 18, 2023

June 2023 Fraser Valley Real Estate Market Update

 

FRASER VALLEY

Fraser Valley home sales up; prices rise while new listings lag

Fraser Valley home sales remained strong this past June and the available supply of homes increased slightly over the preceding month, while still down 8.2% from the same period one year ago. However, …

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Posted in Market Updates
June 13, 2023

May 2023 Fraser Valley Real Estate Market Update

 

FRASER VALLEY

New listings abound in Fraser Valley; BoC rate up quarter point  

As welcome as flowers in spring, the Fraser Valley last month delivered a extraordinary number of new property listings. The good news for prospective home buyers comes after months of hesitancy by …

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Posted in Market Updates
June 13, 2023

May 2023 Greater Vancouver Real Estate Market Update

 

METRO VANCOUVER

Metro Vancouver home sales jump, new listings lag; central bank rate increases

Residential sales in Metro Vancouver last month jumped over 24% higher than the preceding month of April, as home buyers return to the market despite current mortgage rates rising to a record …

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Posted in Market Updates
May 9, 2023

April 2023 Fraser Valley Real Estate Market Update

 

FRASER VALLEY

Valley sales remain constant; prices rise as new listings fall behind

Fraser Valley residential market activity closed last month in a virtual dead heat over the preceding month of March. April’s home sales of 1,554 nosed ahead of March’s 1,550 while new listings fell …

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Posted in Market Updates
May 9, 2023

April 2023 Greater Vancouver Real Estate Market Update

 

METRO VANCOUVER

Sales continue upward trend; prices rising, new listings lag.

Home sales across Metro Vancouver at the end of April showed a another month of renewed market confidence. Since the beginning of this year, Metro Vancouver has seen continual sales increases each month. April’s total …

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Posted in Market Updates
April 11, 2023

March 2023 Greater Vancouver Real Estate Market Update

 

METRO VANCOUVER

Spring sees spurt in sales and prices; new listings lag pace

Metro Vancouver’s residential market saw a spurt in spring sales as well as home prices last month, while new listings still lag but did push up the available inventory slightly over the preceding …

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Posted in Market Updates
April 11, 2023

March 2023 Fraser Valley Real Estate Market Update

 

FRASER VALLEY

Valley sales continue upwards; prices edging up  

Following a sharp uptick in sales in February, the Fraser Valley posted its second consecutive month of residential sales growth in March. While still below seasonal averages, the Valley’s market is showing positive signs of recovery …

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Posted in Market Updates