Monthly Market Report – May 2022
METRO VANCOUVER MARKET HIGHLIGHTS May 2022 DETACHED 4,337 Active Listings TOWNHOUSE 1,462 Active Listings APARTMENT 4,210 Active Listings 793 Sales
METRO VANCOUVER MARKET HIGHLIGHTS May 2022 DETACHED 4,337 Active Listings TOWNHOUSE 1,462 Active Listings APARTMENT 4,210 Active Listings 793 Sales
METRO VANCOUVER MARKET HIGHLIGHTS April 2022 DETACHED 3,806 Active Listings TOWNHOUSE 1,228 Active Listings APARTMENT 3,762 Active Listings 962 Sales
METRO VANCOUVER MARKET HIGHLIGHTS March 2022 DETACHED 3,330 Active Listings TOWNHOUSE 1,013 Active Listings APARTMENT 3,285 Active Listings 1,291 Sales
METRO VANCOUVER MARKET HIGHLIGHTS February 2022 DETACHED 2,341 Active Listings TOWNHOUSE 871 Active Listings APARTMENT 2,981 Active Listings 1,010 Sales
METRO VANCOUVER MARKET HIGHLIGHTS January 2022 DETACHED 2,341 Active Listings TOWNHOUSE 675 Active Listings APARTMENT 2,647 Active Listings 622 Sales
METRO VANCOUVER MARKET HIGHLIGHTS December 2021 DETACHED 2,260 Active Listings TOWNHOUSE 569 Active Listings APARTMENT 2,407 Active Listings 794 Sales
METRO VANCOUVER MARKET HIGHLIGHTS November 2021 DETACHED 2,918 Active Listings TOWNHOUSE 825 Active Listings APARTMENT 3,401 Active Listings 987 Sales
Home sale activity remains elevated across Metro Vancouver’s* housing market while the pace of homes being listed for sale continues to follow long-term averages.
The Real Estate Board of Greater Vancouver (REBGV) reports that residential home sales in the region totalled 3,149 in September 2021, a 13.6 per cent decrease from the 3,643 sales recorded in September 2020, and a 0.1 per cent decrease from the 3,152 homes sold in August 2021.
In B.C., the rate declined slightly from 3.2 percent in 2019 to 3.1 percent in 2020. In detail, there was a total of 1,768,680 homes in B.C. in 2020. Out of this number, 96.9 percent was owned by residents. The rate at the Vancouver CMA is 4.2 percent in 2020.
While home buyers have remained active in Metro Vancouver* throughout the summer, the supply of homes for sale has declined steadily since June.
The Real Estate Board of Greater Vancouver (REBGV) reports that residential home sales in the region totalled 3,152 in August 2021, a 3.4 per cent increase from the 3,047 sales recorded in August 2020, and a 5.2 per cent decrease from the 3,326 homes sold in July 2021.
Last month’s sales were 20.4 per cent above the 10-year August sales average.”