Housing supply up, demand down across Metro Vancouver July’s residential housing sales in Metro Vancouver reached their lowest levels for that month since the year 2000. The Real Estate Board of Greater Vancouver (REBGV) reports that residential property sales in
Fewer Home Sales, News Flash
Fewer home sales and listings in the first quarter of 2018 Home buyers and sellers were less active in Metro Vancouver throughout the first quarter of 2018. The Real Estate Board of Greater Vancouver (REBGV) reports that residential home sales
Home buyer demand depends on property type
Home buyer demand depends on property type Attached and apartment homes are in demand across Metro Vancouver while detached home buyers are facing less competition today. The Real Estate Board of Greater Vancouver (REBGV) reports that residential home sales in
Overview of the 2017 Vancouver Housing Market
Steady sales and diminished listings characterize 2017 for the Metro Vancouver housing market After reaching record levels in 2015 and 2016, Metro Vancouver home sales returned to more historically normal levels in 2017. Home listings, on the other hand, came
Demand differs based on housing type
Home buyer demand continues to differ based on housing type Apartment and townhome activity is outpacing the detached home market across Metro Vancouver. This activity helped push total residential sales above the historical average in September. The Real Estate Board
Government adds new qualifying requirements for uninsured mortgages
Government adds new qualifying requirements for uninsured mortgages Effective January 1, 2018, home buyers who don’t require mortgage insurance — those with a down payment of 20 per cent or more — must qualify for their mortgage at a higher
REBGV Stats May 2017
Market activity picks up in May Home buyer activity returned to near record levels across the Metro Vancouver housing market in May. Residential property sales in the region totalled 4,364 in May 2017, a decrease of 8.5 per cent from
Condominiums and townhomes in high demand across Metro Vancouver
Condominiums and townhomes in high demand across Metro Vancouver Demand for condominiums and townhomes continues to drive the Metro Vancouver* housing market. Residential property sales in the region totalled 3,553 in April 2017, a 25.7 per cent decline compared to
BC Government Raises Homeowner Grant Threshold
BC Government Raises Homeowner Grant Threshold The Liberal government of British Columbia has just announced they are raising the annual homeowner grant property tax threshold from $1.2 million to $1.6 million in 2017. Under this new level, approximately 91% of