Market Trends

Recent Blog Entries

Metro Vancouver Real Estate Market Update - June 2024

Jul 06, 2024

Home sales in Metro Vancouver remained below seasonal and historical averages in June 2024, with buyer competition reduced and inventory levels rising to levels not seen since spring 2019.

Sales and Inventory:
Total Sales: 2,418 residential sales, a 19.1% decrease from June 2023, and 23.6% below the 10-year seasonal average.
New Listings: 5,723 proper...

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Metro Vancouver Real Estate Market Update - May 2024

Jun 07, 2024

Market Overview:
Home sales in Metro Vancouver saw a significant decline in May 2024, with transactions down 19.9% compared to May 2023. This decrease comes amidst an increasing inventory of homes, with over 13,000 properties now listed on the MLS®.

Sales Figures:

Total Sales: 2,733 residential properties, down from 3,411 in May 2023.
New Listings: 6,3...

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Metro Vancouver Real Estate Market Update: April 2024

May 08, 2024

April has been a landmark month for Metro Vancouver's real estate market, witnessing inventory levels hitting the highest since the pandemic summer of 2020. The total number of properties listed reached 12,491, marking a 42.1% increase from last year.

Here are some key highlights:

Sales Volume: Residential sales saw a modest rise of 3.3% year-over-ye...

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