Monthly Market Report – January 2023
METRO VANCOUVER MARKET HIGHLIGHTS January 2023 DETACHED 2,902 Active Listings TOWNHOUSE 1,167 Active Listings APARTMENT 3,409 Active Listings 295 Sales
New Bank of Canada Interest Rate Hike and the impact on the Metro Vancouver Real Estate Market
Image by Martine Auvray from Pixabay The recent interest rate hike by the Bank of Canada is expected to have
Federal foreign buyer ban coming in January 2023
The federal government’s ban on new foreign ownership of residential property becomes law on January 1, 2023, disallowing anyone who isn’t
BC government introduces “cooling off” period for home sales
Photo by Yan Krukau On July 21, the provincial government introduced a home buyer protection period, the details of which
Monthly Market Report – December 2022
METRO VANCOUVER MARKET HIGHLIGHTS member 2022 DETACHED 3,008 Active Listings TOWNHOUSE 1,137 Active Listings APARTMENT 3,239 Active Listings 371 Sales
Bank of Canada has just announced a 0.50% increase
The Bank of Canada has just announced a 0.50% increase to their benchmark interest rate which now sits at 4.25%. Early predictions
Monthly Market Report – November 2022
METRO VANCOUVER MARKET HIGHLIGHTS November 2022 DETACHED 3,672 Active Listings TOWNHOUSE 1,427 Active Listings APARTMENT 4,080 Active Listings 486 Sales
Changes to Strata Legislation Effective Immediately 
Last week new Premier David Eby announce new legislation which affects everyone who currently owns, rents or is considering buying
New B.C. housing laws will lift rental restrictions in strata, set housing targets for municipalities
The legislation on housing targets, Housing Supply Act, is likely to face backlash from some B.C. mayors who have previously
Monthly Market Report – October 2022
METRO VANCOUVER MARKET HIGHLIGHTS October 2022 DETACHED 4,017 Active Listings TOWNHOUSE 1,542 Active Listings APARTMENT 4,293 Active Listings 575 Sales
