Blog by Michele Laurent

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Activity steady to start the summer season

July 8th, 2010

VANCOUVER, B.C. - July 5, 2010 - The Greater Vancouver housing market experienced steady activity to begin the summer season. The Real Estate Board of Greater Vancouver (REBGV) reports that residential property sales in Greater Vancouver totalled 2,972 in June 2010, a decline of 30.2 percent compared to the 4,259 sales in June 2009, which was the second highest selling June on record.

"Activ ...

May market offers buyers greater selection

June 4th, 2010


VANCOUVER, B.C. - June 4, 2010 - The number of properties listed for sale in Greater Vancouver continued to rise in May, while the number of sales showed a year-over-year decrease.

The Real Estate Board of Greater Vancouver (REBGV) reports that residential property sales in Greater Vancouver totalled 3,156 in May 2010, a decline of 10.4 percent compared to the 3,524 sales in May 2009; 5.1 p ...

Home listings rise to start the spring season

April 7th, 2010

VANCOUVER, B.C. - April 6, 2010 - A steady influx of new listings has helped create a balanced 'typical spring' housing market in the Greater Vancouver region.

The Real Estate Board of Greater Vancouver (REBGV) reports that new listings for detached, attached and apartment properties in Greater Vancouver totalled 7,004 in March 2010. This represents a 60 percent increase compared to March 20 ...

Home sales activity strong through Olympic period

March 5th, 2010

VANCOUVER, B.C. - March 2, 2010 -The Greater Vancouver housing market continued to experience strong demand from homebuyers and an increase in total property listings in a month where the eyes of the world were focused on the region.

The Real Estate Board of Greater Vancouver (REBGV) reports that residential property sales in Greater Vancouver totalled 2,473 in February 2010, an increase of ...

Housing supply and demand reach closer alignment in January

February 3rd, 2010

VANCOUVER, B.C. - February 2, 2010 - Diverse selection and favourable interest rates continue to drive demand in the Greater Vancouver housing market.

The Real Estate Board of Greater Vancouver (REBGV) reports that residential property sales in Greater Vancouver totalled 1,923 in January 2010, an increase of 152.4 percent compared to January 2009 when 762 sales were recorded and a 23.5 perce ...

Slow start, strong finish for housing market in 2009

January 6th, 2010

VANCOUVER, B.C. - January 5, 2010 - After beginning the year at near record low sales levels, buyers' confidence in the Greater Vancouver housing market quickly returned, allowing for significant and sustained increases in the number of residential property sales for much of 2009.

The Real Estate Board of Greater Vancouver (REBGV) reports that total unit sales of detached, attached and apart ...

Strong demand carries into late fall

December 3rd, 2009

VANCOUVER, B.C. - December 2, 2009 - Home values continued to edge upward in November as demand in the Greater Vancouver housing market remains well above seasonal norms.

Over the last 12 months, the MLSLink® Housing Price Index (HPI) benchmark price for all residential properties in Greater Vancouver increased 12.4 percent to $557,384 from $495,704 in November 2008. This price, however, rem ...

High sales levels spur rise in home values

November 4th, 2009

VANCOUVER, B.C. - November 2, 2009 - Strong demand has led to a steady rise in Greater Vancouver home prices compared to last year.

Over the last 12 months, the MLSLink® Housing Price Index (HPI) benchmark price for all residential properties in Greater Vancouver increased 6.8 percent to $553,702 from $518,668 in October 2008.

"While home prices have been rising in 2009, they have not eclip ...

Buyer demand remains strong while home listings increase

October 5th, 2009

VANCOUVER, B.C. - October 2, 2009 - Greater Vancouver home sales remained strong last month, with the second highest number of residential sales ever recorded for the month of September.

The Real Estate Board of Greater Vancouver (REBGV) reports that residential property sales in Greater Vancouver totalled 3,559 in September 2009, an increase of 3.4 percent from the 3,441 sales recorded in A ...

Market momentum carries into August

September 3rd, 2009

VANCOUVER, B.C. - September 2, 2009 - The number of home sales in Greater Vancouver increased significantly last month compared to August 2008 and moved closer in line with the active summer months experienced between 2003 and 2007.

The Real Estate Board of Greater Vancouver (REBGV) reports that residential property sales in Greater Vancouver increased 119.5 percent in August 2009 to 3,441 f ...

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