Tag Archives: benchmark price

Strong spring market carries into summer months

The Real Estate Board of Greater Vancouver (REBGV) reports that the number of residential property sales in Greater Vancouver totalled 4,114 in July 2009, becoming the highest volume of sales ever recorded within the REBGV for that month, outpacing the 4,023 sales in July 2003, which is the only other year that July sales exceeded the 4,000 mark.

Comments Off Continue Reading →

Second busiest June on record for Greater Vancouver real estate sales

METRO VANCOUVER — Greater Vancouver realtors had their second busiest June on record this year as buyers jumped at lower property prices and near record low mortgage rates, the Real Estate Board of Greater Vancouver reported Friday.

Comments Off Continue Reading →

Market conditions drive strong June housing sales

VANCOUVER, B.C. – July 3, 2009 – The combination of low interest rates and more affordable pricing helped propel Greater Vancouver home sale numbers to the second all-time highest total for the month of June. The Real Estate Board of Greater Vancouver (REBGV) reports that sales of detached, attached and apartment properties increased 75.6 per [...]

Comments Off Continue Reading →

Property sales strengthen in current market cycle

VANCOUVER, B.C. – April 2, 2009 – The Metro Vancouver housing market experienced a movement away from volatility and toward stability to start the spring season. Download PDF

Comments Off Continue Reading →

Slow home sales create window of opportunity

Below is a copy of the latest statistics release. You can view the complete statistics package for November by clicking on the following link: November Stats. VANCOUVER, B.C. – December 2, 2008 – November reductions in home sales and prices have helped improve affordability in Greater Vancouver. However, November also saw a corresponding decrease in [...]

Comments Off Continue Reading →

Tracking home prices in today's market?

Are housing prices trending up or down? The state of home prices in Greater Vancouver is a much discussed topic at the moment. Last month several organizations issued reports examining the current and future direction of home prices in our market.

Comments Off Continue Reading →

REBGV October 2008 Stats

Residential housing price decline creates buying opportunities VANCOUVER, B.C. – November 3, 2008 – Housing price reductions across Greater Vancouver over the last six months have eliminated price gains witnessed in the first quarter of 2008.

Comments Off Continue Reading →

B.C. housing market in recession

VANCOUVER – The widespread impact of the credit crisis on mortgage finance, the economy, and consumer confidence has generated an external shock, sending B.C.’s housing market into recession, according to Central 1 Credit Union’s latest Economic Analysis of British Columbia newsletter.

Comments Off Continue Reading →

Home prices in Lower Mainland slip below 2007 levels

Home prices in most Lower Mainland markets slip below 2007 levels: Home prices in most Lower Mainland markets slip below 2007 levels Derrick Penner, Vancouver Sun Published: Thursday, October 02, 2008 METRO VANCOUVER – Detached home prices in September slipped below 2007 levels in most markets across the Lower Mainland in the environment of declining [...]

Comments Off Continue Reading →

REBGV September Stats

You can view the complete statistics package for September by clicking on the following link: September Stats. Home prices adapt to affordability demands VANCOUVER, B.C. – September 2, 2008 – The Real Estate Board of Greater Vancouver (REBGV) reports that residential property sales in Greater Vancouver declined 42.9 per cent in September 2008 to 1,585 [...]

Comments Off Continue Reading →