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Greater Vancouver Market Report Infographics

Monday, September 14, 2020 10:35:32 AM UTC
INFOGRAPHICS: August 2020 REBGV Greater Vancouver Market Reports
INFOGRAPHICS: August 2020 REBGV Greater Vancouver Market Reports

Home sale and listing activity continues to increase in August

Home buyers and sellers remained active across Metro Vancouver in August, with home sale and new listing activity outpacing the region’s historical averages.

The Real Estate Board of Greater Vancouver (REBGV) reports that residential home sales in the region totalled 3,047 in August 2020, a 36.6% increase from the 2,231 sales recorded in August 2019, and a 2.6% decrease from the 3,128 homes sold in July 2020.

Last month’s sales were 19.9% above the 10-year August sales average.

Read the full report on the REBGV website!

 

 


 

The following data is a comparison between August 2019 and August 2020 numbers, and is current as of September 2020. For last month’s update, you can check out our previous post for July 2020 data.

Or follow this link for all our REBGV Infographics!

These infographics cover current trends in North Vancouver, West Vancouver, Vancouver East, and Vancouver West. Click on the images for a larger view! (Protip: Make sure to grab the printable PDF versions, too! It fits best when printed on A4-sized sheets, AND we’ve added an area on the sheet where you can attach your business card! 🙂 )

 

Download Printable Version – REBGV August 2020 Data Infographics

 

 

 

 

 

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INFOGRAPHICS: July 2020 REBGV Greater Vancouver Market Reports
INFOGRAPHICS: July 2020 REBGV Greater Vancouver Market Reports

Metro Vancouver housing market sees steady summer activity

Home buyer and seller activity in Metro Vancouver* exceeded historical levels in July.

The Real Estate Board of Greater Vancouver (REBGV) reports that residential home sales in the region totalled 3,128 in July 2020, a 22.3% increase from the 2,557 sales recorded in July 2019, and a 28% increase from the 2,443 homes sold in June 2020.

Last month’s sales were 9.4% above the 10-year July sales average.

Read the full report on the REBGV website!

 

 


 

The following data is a comparison between July 2019 and July 2020 numbers, and is current as of August 2020. For last month’s update, you can check out our previous post for June 2020 data.

Or follow this link for all our REBGV Infographics!

 

These infographics cover current trends in North Vancouver, West Vancouver, Vancouver East, and Vancouver West. Click on the images for a larger view! (Protip: Make sure to grab the printable PDF versions, too! It fits best when printed on A4-sized sheets, AND we’ve added an area on the sheet where you can attach your business card! 🙂 )

 

Download Printable Version – REBGV July 2020 Data Infographics

 

 

 

 

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INFOGRAPHICS: June 2020 REBGV Greater Vancouver Market Reports
INFOGRAPHICS: June 2020 REBGV Greater Vancouver Market Reports

Steady increases in home sale and listing activity continue in June

Home buyers and sellers have gradually become more active in each month of the COVID-19 pandemic. In June, home sale and listing activity in Metro Vancouver returned to more historically typical levels.

The Real Estate Board of Greater Vancouver (REBGV) reports that residential home sales in the region totalled 2,443 in June 2020, a 17.6% increase from the 2,077 sales recorded in June 2019, and a 64.5% increase from the 1,485 homes sold in May 2020.

Last month’s sales were 21.9% below the 10-year June sales average.

Read the full report on the REBGV website!

 

 


 

The following data is a comparison between June 2019 and June 2020 numbers, and is current as of July 2020. For last month’s update, you can check out our previous post for May 2020 data.

Or follow this link for all our REBGV Infographics!

 

These infographics cover current trends in North Vancouver, West Vancouver, Vancouver East, and Vancouver West. Click on the images for a larger view! (Protip: Make sure to grab the printable PDF versions, too! It fits best when printed on A4-sized sheets, AND we’ve added an area on the sheet where you can attach your business card! 🙂 )

 

Download Printable Version – REBGV June 2020 Data Infographics

 

 

 

Read Full Article...
INFOGRAPHICS: May 2020 REBGV Greater Vancouver Market Reports
May 2020 REBGV Greater Vancouver Market Reports

Home prices remain steady, as buyers and sellers become more comfortable operating in today’s market.

The Real Estate Board of Greater Vancouver reports that the MLS® Home Price Index composite benchmark price for all residential properties in Metro Vancouver today is $1,028,400. This is virtually unchanged from April 2020, a 1.4% increase over the last three months, and a 2.9% increase compared to May 2019.

Residential home sales in the region totalled 1,485 in May 2020, a 43.7% decrease from the 2,638 sales recorded in May 2019 and a 33.9% increase from the 1,109 homes sold in April 2020. Last month’s sales were 54.4% below the 10-year May sales average.

Read the full report on the REBGV website.

 


 

The following data is a comparison between May 2019 and May 2020 numbers, and is current as of June 2020. For last month’s update, you can check out our previous post for April 2020 data.

Or follow this link for all our REBGV Infographics!

 

These infographics cover current trends in North Vancouver, West Vancouver, Vancouver East, and Vancouver West. Click on the images for a larger view! (Protip: Make sure to grab the printable PDF versions, too! It fits best when printed on A4-sized sheets, AND we’ve added an area on the sheet where you can attach your business card! 🙂 )

 

Download Printable Version – REBGV May 2020 Data Infographics

 

 

 

 

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INFOGRAPHICS: April 2020 REBGV Greater Vancouver Market Reports
INFOGRAPHICS: April 2020 REBGV Greater Vancouver Market Reports

Home sales and listings down amid COVID-19, new tools and practices emerge to help buyers and sellers adapt.

The Real Estate Board of Greater Vancouver (REBGV) reports that residential home sales in the region totalled 1,109 in April 2020, a 39.4% decrease from the 1,829 sales recorded in April 2019, and a 56.1% decrease from the 2,524 homes sold in March 2020.

Last month’s sales were 62.7% below the 10-year April sales average and was the lowest total for the month since 1982.

Read the full report over on the REBGV website.

 

 


 

The following data is a comparison between April 2019 and April 2020 numbers, and is current as of May 2020. For last month’s update, you can check out our previous post for March 2020 data.

Or follow this link for all our REBGV Infographics!

 

These infographics cover current trends in North Vancouver, West Vancouver, Vancouver East, and Vancouver West. Click on the images for a larger view! (Protip: Make sure to grab the printable PDF versions, too! It fits best when printed on A4-sized sheets, AND we’ve added an area on the sheet where you can attach your business card! 🙂 )

Download Printable Version – REBGV April 2020 Data Infographics

 

 

 

 

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INFOGRAPHICS: March 2020 REBGV Greater Vancouver Market Reports
INFOGRAPHICS: March 2020 REBGV Greater Vancouver Market Reports

April is here, and it’s been a tough past few weeks for everyone. Here’s our monthly market update for areas covered by the Real Estate Board of Greater Vancouver (REBGV)!

In their most recent market update, REBGV reports that Metro Vancouver’s housing market saw steady home buyer demand to begin March and a leveling off of activity as the month went on and concerns about the COVID-19 outbreak intensified.

The Real Estate Board of Greater Vancouver (REBGV) reports that residential home sales in the region totalled 2,524 in March 2020, a 46.1% increase from the 1,727 sales recorded in March 2019, and a 17.4% increase from the 2,150 homes sold in February 2020.

Last month’s sales were 19.9% below the 10-year March sales average.

Daily residential sales on the region’s MLS® were 138 on average in the first ten business days of the month. In the final ten business days of the month, the daily average declined to 93 sales.

As noted by Ashley Smith, REBGV president,

“The first two weeks of the month were the busiest days of the year for our region with heightened demand and multiple offers becoming more common. Like other aspects of our lives, this changed as concerns over the COVID-19 situation in our province grew.

Many of the sales recorded in March were in process before the provincial government declared a state of emergency. We’ll need more time to pass to fully understand the impact that the pandemic is having on the housing market.

In recent weeks, REALTORS® have been working to help and guide their clients through this uncertain period. Many people have understandably chosen to put their home buying or selling plans on hold for now. Other people have more urgent housing needs and we’re trying to work with them to address these needs in the safest and most responsible way possible.

Realtors were named among the province’s list of essential services last week. This means that we have a responsibility to do what we can to help residents meet their housing and shelter needs while strictly following the most up-to-date public health orders and physical distancing requirements from our health officials and government agencies.”

The MLS® Home Price Index composite benchmark price for all residential properties in Metro Vancouver is currently $1,033,700. This represents a 2.1% increase over March 2019, and a 1.3% increase compared to February 2020.

Sales of detached homes in March 2020 reached 852, a 61.1% increase from the 529 detached sales recorded in March 2019. The benchmark price for detached properties is $1,450,700. This represents a 0.7% increase from March 2019, and a 1.2% increase compared to February 2020.

Sales of apartment homes reached 1,179 in March 2020, a 35.1% increase compared to the 873 sales in March 2019. The benchmark price of an apartment property is $687,000. This represents a 2.9% increase from March 2019, and a 1.4% increase compared to February 2020.

Attached home sales in March 2020 totalled 493, a 51.7% increase compared to the 325 sales in March 2019. The benchmark price of an attached unit is $791,800. This represents a 2.5% increase from March 2019, and a 0.9% increase compared to February 2020.

 

 


 

The following data is a comparison between March 2019 and March 2020 numbers, and is current as of April 2020. For last month’s update, you can check out our previous post for February 2020 data.

Or follow this link for all our REBGV Infographics!

These infographics cover current trends in North Vancouver, West Vancouver, Vancouver East, and Vancouver West.

Click on the images for a larger view!

(Protip: Make sure to grab the printable PDF versions, too! It fits best when printed on A4-sized sheets, AND we’ve added an area on the sheet where you can attach your business card! 🙂 )

 

Download Printable Version – REBGV March 2020 Data Infographics

 

 

 

 

 

(Image Source: REBGV Twitter)

 

(Image from: REBGV.org)

 

 

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INFOGRAPHICS: February 2020 REBGV Greater Vancouver Market Reports
INFOGRAPHICS: February 2020 REBGV Greater Vancouver Market Reports

We’re entering the last month of the first quarter of the year, and here’s our monthly market update for areas covered by the Real Estate Board of Greater Vancouver (REBGV)!

In REBGV’s most recent market update, it appears that steady demand and low supply benefits home sellers.

The Real Estate Board of Greater Vancouver (REBGV) reports that residential home sales in the region totaled 2,150 in February 2020, a 44.9% increase from the 1,484 sales recorded in February 2019, and a 36.9% increase from the 1,571 homes sold in January 2020.

Last month’s sales were 15.6% below the 10-year February sales average.

There were 4,002 detached, attached and apartment homes newly listed for sale on the Multiple Listing Service® (MLS®) in Metro Vancouver in February 2020. This represents a 2.8% increase compared to the 3,892 homes listed in February 2019 and a 3.4% increase compared to January 2020 when 3,872 homes were listed.

The total number of homes currently listed for sale on the MLS® system in Metro Vancouver is 9,195, a 20.7% decrease compared to February 2019 (11,590) and a 6.7% increase compared to January 2020 (8,617).

According to Ashley Smith, REBGV president,

“Home buyer demand again saw strong year-over-year increases in February while the total inventory of homes for sale struggled to keep pace. This was most pronounced in the condominium market.

Our Realtors are reporting increased traffic at open houses and multiple offer scenarios in certain pockets of the market. If you’re considering listing your home for sale, now is a good time to act with increased demand, reduced competition from other sellers, and some upward pressure on prices.”

For all property types, the sales-to-active listings ratio for February 2020 is 23.4%. By property type, the ratio is 17.3% for detached homes, 26.9% for townhomes, and 28.4% for apartments.

 

 


 

The following data is a comparison between February 2019 and February 2020 numbers, and is current as of March 2020. For last month’s update, you can check out our previous post for January 2020 data.

Or follow this link for all our REBGV Infographics!

These infographics cover current trends in North Vancouver, West Vancouver, Vancouver East, and Vancouver West.

Click on the images for a larger view!

(Protip: Make sure to grab the printable PDF versions, too! It fits best when printed on A4-sized sheets, AND we’ve added an area on the sheet where you can attach your business card! 🙂 )

 

Download Printable Version – REBGV February 2020 Data Infographics

 

 

 

 

 

(Image from: REBGV.org)

 

(Image Source: REBGV Twitter)

 

 

 

 

Read Full Article...
INFOGRAPHICS: January 2020 REBGV Greater Vancouver Market Reports
INFOGRAPHICS: January 2020 REBGV Greater Vancouver Market Reports

Here’s our monthly market update for areas covered by the Real Estate Board of Greater Vancouver (REBGV)!

As per their latest news release, 2020 is starting out with home sale activity up, and supply down.

The REBGV reports that residential home sales in the region totalled 1,571 in January 2020, a 42.4% increase from the 1,103 sales recorded in January 2019, and a 22.1% decrease from the 2,016 homes sold in December 2019.

Last month’s sales were 7.3% below the 10-year January sales average.

There were 3,872 detached, attached and apartment properties newly listed for sale on the Multiple Listing Service® (MLS®) in Metro Vancouver in January 2020. This represents a 20.1% decrease compared to the 4,848 homes listed in January 2019 and a 143.8% increase compared to December 2019 when 1,588 homes were listed.

Last month’s new listings were 17.4% below January’s 10-year average.

The total number of homes currently listed for sale on the MLS® system in Metro Vancouver is 8,617, a 20.3% decrease compared to January 2019 (10,808) and a 0.2% increase compared to December 2019 (8,603), and is 13.7% below the 10-year January average.

For all property types, the sales-to-active listings ratio for January 2020 is 18.2%. By property type, the ratio is 11.6% for detached homes, 22.6% for townhomes, and 23.9% for apartments.

Ashley Smith, REBGV president, notes,

 

“We’ve begun 2020 with steady home buyer demand that tracks close to the region’s long-term average. Looking at supply, we’re seeing fewer homes listed for sale than is typical for this time of year. As we approach the traditionally more active spring market, we’ll keep a close eye on supply to see if the number of homes being listed is keeping pace with demand.”

 

 


 

The following data is a comparison between January 2019 and January 2020 numbers, and is current as of February 2020. For last month’s update, you can check out our previous post for December 2019 data.

Or follow this link for all our REBGV Infographics!

These infographics cover current trends in North Vancouver, West Vancouver, Vancouver East, and Vancouver West.

Click on the images for a larger view!

(Protip: Make sure to grab the printable PDF versions, too! It fits best when printed on A4-sized sheets, AND we’ve added an area on the sheet where you can attach your business card! 🙂 )

 

Download Printable Version – REBGV January 2020 Data Infographics

 

 

 

 

 

(Image from: REBGV.org)

 

(Image Source: REBGV Twitter)

 

 

 

Read Full Article...
INFOGRAPHICS: December 2019 REBGV Greater Vancouver Market Reports
INFOGRAPHICS: December 2019 REBGV Greater Vancouver Market Reports

Happy New Year!

It’s the dawn of a new year, and a new decade, and we’re ready to hit the ground running. Here’s our monthly market update for areas covered by the Real Estate Board of Greater Vancouver (REBGV)!

According to REBGV’s latest market update, sales of detached, attached and apartment homes reached 25,351 in 2019, a 3% increase from the 24,619 sales recorded in 2018, and a 29.6% decrease over the 35,993 residential sales in 2017.

Last year’s sales total was 20.3% below the region’s 10-year sales average.

Home listings on the Multiple Listing Service® (MLS®) in Metro Vancouver reached 51,918 in 2019. This is a 3.2% decrease compared to the 53,614 homes listed in 2018 and a 5% decrease compared to the 54,655 homes listed in 2017.

Last year’s listings total was 7.6% below the 10-year average.

As noted by Ashley Smith, REBGV president,

 

“We didn’t see typical seasonal patterns in 2019. Home buyer demand was quieter in the normally busy spring season and it picked up in the second half of the year. In terms of home values, prices dipped between 2% and 4% across the region last year depending on property type.

Home buyer confidence was a factor throughout the year. In the first quarter, many prospective buyers were in a holding pattern, waiting to see how prices would react to the mortgage stress test, new taxes, and other policy changes. Confidence started to return in the summer, and we saw above average sales in the final quarter of 2019.”

 

REBGV reports that residential home sales in the region totalled 2,016 in December 2019, an 88.1% increase from the 1,072 sales recorded in December 2018, and a 19.3% decrease from the 2,498 homes sold in November 2019.

Last month’s sales were 9.5% above the 10-year December sales average.

There were 1,588 detached, attached and apartment properties newly listed for sale on the MLS® in Metro Vancouver in December 2019. This represents a 12.9% increase compared to the 1,407 homes listed in December 2018 and a 46.8% decrease compared to November 2019 when 2,987 homes were listed.

The total number of homes currently listed for sale on the MLS® system in Metro Vancouver is 8,603, a 16.3% decrease compared to December 2018 (10,275) and a 20.1% decrease compared to November 2019 (10,770).

For all property types, the sales-to-active listings ratio for December 2019 is 23.4%. By property type, the ratio is 15.2% for detached homes, 25.7% for townhomes, and 32.5% for apartments.

 

 


 

The following data is a comparison between December 2018 and December 2019 numbers, and is current as of January 2020. For last month’s update, you can check out our previous post for November 2019 data.

Or follow this link for all our REBGV Infographics!

These infographics cover current trends in North Vancouver, West Vancouver, Vancouver East, and Vancouver West.

Click on the images for a larger view!

(Protip: Make sure to grab the printable PDF versions, too! It fits best when printed on A4-sized sheets, AND we’ve added an area on the sheet where you can attach your business card! 🙂 )

 

Download Printable Version – REBGV December 2019 Data Infographics

 

 

 

 

 

(Image Source: REBGV Twitter)

 

(Image Source: REBGV.org)

 

 

Read Full Article...
INFOGRAPHICS: November 2019 REBGV Greater Vancouver Market Reports
INFOGRAPHICS: November 2019 REBGV Greater Vancouver Market Reports

In the blink of an eye, we’ve reached the end of the year! Today, here’s our monthly market update for areas covered by the Real Estate Board of Greater Vancouver (REBGV)!

As noted in REBGV’s most recent market update, after a quieter first half of 2019, home buyer activity has returned to more historically typical levels in Metro Vancouver.

The REBGV reports that residential home sales in the region totalled 2,498 in November 2019, a 55.3% increase from the 1,608 sales recorded in November 2018, and a 12.6% decline from the 2,858 homes sold in October 2019.

Last month’s sales were 4% above the 10-year November sales average.

The total number of homes currently listed for sale on the MLS® system in Metro Vancouver is 10,770, a 12.5% decrease compared to November 2018 (12,307) and a 12% decrease compared to October 2019 (12,236).

Ashley Smith, REBGV president remarks,

“We started to see more home buyer confidence in the summer and this trend continues today. It’ll be important to watch home listing levels over the next few months to see if supply can stay in line with home buyer demand.

“In today’s market, the intensity of home buyer demand depends on neighbourhood, property type, and price point. To better understand the changing trends in your neighbourhood and property type of choice, it’s important to work with your local REALTOR®.”

 

 


 

The following data is a comparison between November 2018 and November 2019 numbers, and is current as of December 2019. For last month’s update, you can check out our previous post for October 2019 data.

Or follow this link for all our REBGV Infographics!

These infographics cover current trends in North Vancouver, West Vancouver, Vancouver East, and Vancouver West.

Click on the images for a larger view!

(Protip: Make sure to grab the printable PDF versions, too! It fits best when printed on A4-sized sheets, AND we’ve added an area on the sheet where you can attach your business card! 🙂 )

 

Download Printable Version – REBGV November 2019 Data Infographics

 

 

 

 

 

 

 

 

(Image from REBGV.org)

 

(Image from REBGV Twitter)

 

 

 

Read Full Article...
The data relating to real estate on this website comes in part from the MLS® Reciprocity program of either the Real Estate Board of Greater Vancouver (REBGV), 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 REBGV, 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 REBGV, the FVREB or the CADREB.