March 2024 Market Insights

GVR

The number of Metro Vancouver homes listed for sale on the MLS® rose nearly 23 per cent year-over-year, providing more opportunity for buyers looking for a home this spring. 

Learn more at www.GVRealtors.ca

February 2024 Market Insights

GVR

While Metro Vancouver home sellers appeared somewhat hesitant in January, new listings rose 31 per cent year-over-year in February, bringing a significant number of newly listed properties to the market. 

Learn more at www.GVRealtors.ca

January 2024 Market Insights

REBGV

While the Metro Vancouver market ended 2023 in balanced market territory, conditions in January began shifting back in favour of sellers as the pace of newly listed properties did not keep up with the volume of home sales. 

Learn more at www.rebgv.org

December 2023 Market Insights

REBGV

Metro Vancouver’s housing market in 2023 saw surprising resilience in the face of the highest borrowing costs seen in over a decade.  

Learn more at www.rebgv.org

November 2023 Market Insights

REBGV

With one month left in 2023, a steady increase in housing inventory is offering home buyers across Metro Vancouver among the largest selection to choose from since 2021.

Learn more at www.rebgv.org

October 2023 Market Insights

REBGV

An increase in newly listed properties is providing more choice to home buyers across Metro Vancouver in October, but sales remain below long-term averages. 

Learn more at www.rebgv.org

September 2023 Market Insights

REBGV

The month-over-month price gains seen earlier this year abated in the Metro Vancouver housing market in September due to a seasonal decline in sales and a modest increase in inventory levels across the region.  Learn more at www.rebgv.org

August 2023 Market Insights

REBGV

As summer winds to a close, higher borrowing costs have begun to permeate the Metro Vancouver housing market in predictable ways, with price gains cooling and sales slowing along the typical seasonal pattern. 

Learn more at www.rebgv.org

July 2023 Market Insights

REBGV

Home prices across all home types in Metro Vancouver rose again in July, as strong sales figures continue to push up against low levels of housing inventory. 

For more  market insights and analysis, visit www.rebgv.org

June 2023 Market Insights

REBGV

Continuing the trend that has emerged in the housing market this year, the benchmark price for all home types in Metro Vancouver increased in June as home buyer demand butted up against a limited inventory of homes for sale in the region. 

For more  market insights and analysis, visit www.rebgv.org

May 2023 Market Insights

REBGV

While the year started slower than usual, Metro Vancouver’s housing market is showing signs of heating up as summer arrives, with prices increasing for consecutive months since December. 

For more  market insights and analysis, visit www.rebgv

April 2023 Market Insights

REBGV

With listing activity remaining below historical norms, home sales in Metro Vancouver have mounted a surprising comeback, rising near levels seen last spring, before eight consecutive interest rate hikes eroded borrowing power and brought home sales activity down along with it.

For more housing analysis and statistics, visit www.rebgv.org.

March 2023 Market Insights

REBGV

Home prices across Metro Vancouver’s housing market showed modest increases in March, while new listings remained below long-term historical averages. 

March data also indicates home sales are making a stronger than expected spring showing so far, despite elevated borrowing costs.

For more housing analysis and statistics, visit www.rebgv.org.

February 2023 Market Insights

REBGV

Prospective home sellers continued to be reluctant to enter Metro Vancouver’s housing market in February.

For more housing analysis and statistics, visit www.rebgv.org.

January 2023 Market Insights

REBGV

Inventory remains low in Metro Vancouver while home sales dipped well below monthly historical averages in January. 

For more housing analysis and statistics, visit www.rebgv.org.

2022 Year-end Market Insights

REBGV

Metro Vancouver’s housing market experienced a year of caution in 2022 due to rising borrowing costs fueled by the Bank of Canada’s ongoing battle with inflation.

For more housing analysis and statistics, visit www.rebgv.org.

November 2022 Market Insights

REBGV

While typically a quiet month of market activity based on seasonal patterns, November home sale and listing totals lagged below the region’s long-term averages. 

For more housing analysis and statistics, visit www.rebgv.org.

October 2022 Market Insights

REBGV

Home sale activity across the Metro Vancouver housing market continued to trend well below historical averages in October as inflation and interest rates create caution. 

For more housing analysis and statistics, visit www.rebgv.org.

September 2022 Market Insights

REBGV

Home sellers were more active in Metro Vancouver’s housing market in September while home buyer demand remained below the region’s long-term averages. 

For more market insights and analysis, visit www.rebgv.org

August 2022 Market Insights

REBGV

Metro Vancouver’s housing market is experiencing a quieter summer season marked by reduced sale and listing activity. 

With inflationary pressure and interest rates on the rise, home buyer and seller activity shifted below our long-term seasonal averages this summer. This shift in market conditions caused prices to edge down over the past four months.

June 2022 Market Insights

REBGV

April 2022 Market Insights

REBGV

Home buyer demand in Metro Vancouver returned to more historically typical levels in April. Follow REBGV Chair Daniel John as he walks through the April market statistics for Metro Vancouver.

March 2022 Market Insights

REBGV

February 2022 Market Insights

REBGV

The Metro Vancouver housing market saw steady home sales activity, modest increases in home listings and continued upward trends in pricing in February. 

Join REBGV Chair Taylor Biggar as he gives an update on the latest housing market statistics for Metro Vancouver. 

For more market statistics and resources, visit www.Rebgv.org 

January 2022 Market Insights

REBGV

January saw home sales come down from last year's record-setting pace, while low supply continued to cause home prices to edge higher across Metro Vancouver.

December 2021 year-end Market Insights

REBGV

Reciprocity Logo The data relating to real estate on this website comes in part from the MLS® Reciprocity program of either the Greater Vancouver REALTORS® (GVR), the Fraser Valley Real Estate Board (FVREB) or the Chilliwack and District Real Estate Board (CADREB). Real estate listings held by participating real estate firms are marked with the MLS® logo and detailed information about the listing includes the name of the listing agent. This representation is based in whole or part on data generated by either the GVR, the FVREB or the CADREB which assumes no responsibility for its accuracy. The materials contained on this page may not be reproduced without the express written consent of either the GVR, the FVREB or the CADREB.