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MARKET UPDATE | AUGUST 2022

Posted on Sep 15, 2022

Vancouver's Real Estate Market Update | Jeyhoon Mohammadi

Metro Vancouver’s housing market sees fewer home buyers and sellers in August 

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

Residential home sales in the region totalled 1,870 in August 2022, a 40.7% decrease from August 2021, and a 0.9% decrease from last month.

Last month’s sa...

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MARKET UPDATE | JULY 2022

Posted on Aug 11, 2022

Metro Vancouver real estate market update | Jeyhoon Mohammadi

Home buyer demand continues to ease across Metro Vancouver 

Metro Vancouver’s housing market has entered a new cycle marked by quieter home buyer demand and a gradual rise in the supply of homes for sale. 

Residential home sales in the region totalled 1,887 in July 2022, a 43.3% decrease from July 2021, and a 22.8% decrease from last month. 

Last mont...

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MARKET UPDATE | JUNE 2022

Posted on Jul 08, 2022 in Real Estate Market Update



Home listings up, sales down and prices starting to decrease to start the summer season

 

With interest rates and housing supply increasing, Metro Vancouver home buyers are operating in a changing marketplace to begin the summer season. 

Residential home sales in the region totalled 2,444 in June 2022, a 35% decrease from June 2021, and a 16.2% decreas...

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MARKET UPDATE | MAY 2022

Posted on Jun 09, 2022 in Real Estate Market Update



Home sale activity has returned to more typical seasonal levels


After reaching record-setting levels in 2021, home sale activity has returned to more typical seasonal levels in Metro Vancouver this spring due, in large part, to rising interest rates.Residential home sales in the region totalled 2,918 in May 2022, a 31.6% decrease from May 2021, and...

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MARKET UPDATE | APRIL 2022

Posted on May 07, 2022 in Real Estate Market Update

Real Estate Market Update | April 2022

Metro Vancouver home sales return to more traditional levels in April


The Real Estate Board of Greater Vancouver (REBGV) reports that residential home sales in the region totalled 3,232 in April 2022, a 34.1 per cent decrease from the 4,908 sales recorded in April 2021, and a 25.6 per cent decrease from the 4,344 homes sold in March 2022.

Last month...

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MARKET UPDATE | MARCH 2022

Posted on Apr 11, 2022 in Real Estate Market Update



Calmer than last spring’s record pace, Metro Vancouver home buyer demand remains elevated


March of 2021 was the highest selling month in our history. While down from last year's record numbers, homesale activity in Metro Vancouver’s housing market remained elevated in March.



Residential home sales in the Metro Vancouver totalled 4,344 in March 2022...

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