Archive for the ‘Market Report’ Category

Property sales strengthen in current market cycle

Monday, April 6th, 2009

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. ? Home sales in March 2009 returned to levels witnessed at the beginning of the decade, with 2,265 sales recorded across Metro Vancouver for the month, ...

Property listings decrease, as February sales improve

Wednesday, March 4th, 2009

VANCOUVER, B.C. ? March 3, 2008 ? Residential housing sales in Greater Vancouver rose 94 per cent in February compared to the month before, with 1,480 sales registered in February compared to 762 sales in January, which was the slowest month for housing sales in 25 years. Over the past ...

Market Report

Wednesday, February 4th, 2009

Home listings withdraw as sales volume slows VANCOUVER, B.C. ? February 3, 2009 ? The first month of 2009 saw a continued reduction in the number of homes listed for sale in Greater Vancouver, while sales volumes in January were the lowest for that month since the early 1980s. ? The Real Estate ...

Market Report Update

Wednesday, January 14th, 2009

  2008 brought improved housing affordability to Greater Vancouver   VANCOUVER, B.C. – January 5, 2009 – The record-breaking real estate market cycle in Greater Vancouver, longer than normal at seven consecutive years, ended in 2008 amidst global economic challenges. The change brought relief from rising prices that saw benchmark prices escalate from ...

Slow home sales create window of opportunity

Monday, December 15th, 2008

          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 the number of new homes coming onto the market.   In its most recent statistics release, the Real Estate Board of Greater Vancouver ...

OCTOBER MARKET REPORT

Thursday, November 6th, 2008

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. The Real Estate Board of Greater Vancouver (REBGV) reports that residential benchmark prices, as calculated by the ...

August Market Report

Friday, September 19th, 2008

Summer lull sees properties stay on market VANCOUVER, B.C. – September 3, 2008 – The Real Estate Board of Greater Vancouver (REBGV) reports that residential property sales in Greater Vancouver totalled 1,568 in August 2008, a decline of 53.7 per cent from the 3,384 sales in August 2007, and a 47.7 ...

July Market Update

Wednesday, August 6th, 2008

Month-over-month housing prices retreat from record highs VANCOUVER, B.C. – Aug 5, 2008 – As property listings continue to outpace sales, Greater Vancouver housing prices have drawn back, the last two months, from the record highs experienced in early 2008. Since May 2008, housing prices, as calculated by the MLSLink ...

MARKET REPORT FOR JUNE, 2008

Wednesday, August 6th, 2008

VANCOUVER, B.C. – July 3, 2008 Increased property listings and moderating home prices have eased the Greater Vancouver housing market into a buyer’s phase. The Real Estate Board of Greater Vancouver (REBGV) reports that residential property sales in Greater Vancouver declined 42.9 per cent in June 2008 to 2,425 from ...

MARKET REPORT UPDATE

Wednesday, June 4th, 2008

Growing supply helps stabilize market conditions  VANCOUVER, B.C. – June 3, 2008 – The Greater Vancouver housing market continued its re-balance between sales and listings last month. The Real Estate Board of Greater Vancouver (REBGV) reports that residential property sales in Greater Vancouver declined 30.7 per cent in May 2008 to ...