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
Condo sales drive August
Condominium sales drive August activity Competition for condominiums and townhomes pushed Metro Vancouver* home sales above typical levels in August. The Real Estate Board of Greater Vancouver (REBGV) reports that residential property sales in the region totalled 3,043 in August
Metro Vancouver sees fewer home sales and more listings in July
Metro Vancouver sees fewer home sales and more listings in July Home buyer activity returned to more typical summer levels in Metro Vancouver last month. The Real Estate Board of Greater Vancouver (REBGV) reports that residential property sales in
Demand for condominiums continues to outstrip supply
Demand for Condos Continues The imbalance between supply and demand in the condominium market is creating home buyer competition across Metro Vancouver. The Real Estate Board of Greater Vancouver (REBGV) reports that residential property sales in the region totalled 3,893
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
Demand Outpaces Supply
Demand for homes continues to outpace supply in Metro Vancouver A shortage of residential property listings coupled with strong demand, particularly for condos and townhomes, continued to impact Metro Vancouver’s housing market in March. Residential property sales in the region
REBGV Real Estate Market Stats February 2017
Low supply continues to limit Metro Vancouver home buyers March 2, 2017 Reluctance amongst Metro Vancouver* home sellers is impacting sale and price activity throughout the region’s housing market. Residential home sales in the region totalled 2,425 in
Metro Vancouver housing start for 2017
REBGV: Metro Vancouver housing market off to a quieter start than last year Home sales and listings trends are below long-term averages in the Metro Vancouver* housing market. This is due largely to reduced activity in the detached home
REBGV: Home sales and listings below 10-year average
Home sales and listings just below 10-year average Home buyer and seller activity remains near historical averages in the Metro Vancouver housing market. Residential home sales in the region totalled 2,214 in November 2016, a decrease of 0.9 per cent