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February 2020

Home sale activity up, supply down to start 2020

Feb 4, 2020
Home sale and price activity remained steady in Metro Vancouver* to start 2020 whilehome listing activity declined in January.

The Real Estate Board of Greater Vancouver (REBGV) reports that residential home sales in the region totalled 1,571 in January2020, a 42.4 per cent increase from the 1,103 sales recorded in January 2019, and a 22.1 per cent decrease from the 2,016homes sold in December 2019.
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Monthly Sales Difference By Unit:
December 2019 to January 2020

Feb 10, 2020
Sales Comparison
  Detached Homes Condos Townhomes
       
Richmond -40.2% -28.9% +17.3%
       
Vancouver West -47.1% -18.8% -20.0%
       
Burnaby -18.0% -22.5% -42.3%

Jan 2020

Home sales decline below long-term averages in 2019 despite increased demand to end the year

Jan 3, 2020
The Metro Vancouver housing market experienced below average sales activity and moderate price declines in 2019.

The Real Estate Board of Greater Vancouver (REBGV) reports that sales of detached, attached and apartment homes reached25,351 in 2019, a three per cent increase from the 24,619 sales recorded in 2018, and a 29.6 per cent decrease over the 35,993residential sales in 2017.
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Monthly Sales Difference By Unit:
November 2019 to December 2019

Jan 8, 2020
Sales Comparison
  Detached Homes Condos Townhomes
       
Richmond +26.1% +4.4% -23.5%
       
Vancouver West -9.1% -14.8% +3.4%
       
Burnaby -35.9% -23.4% +2.7%

December 2019

Metro Vancouver home sales return to historically typical levels

Dec 03, 2019
After a quieter first half of 2019, home buyer activity has returned to more historically typical levels in Metro Vancouver*.

The Real Estate Board of Greater Vancouver (REBGV) reports that residential home sales in the region totalled 2,498 in November 2019, a 55.3 per cent increase from the 1,608 sales recorded in November 2018, and a 12.6 per cent decline from the 2,858 homes sold in October 2019.
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Monthly Sales Difference By Unit:
October 2019 to Noovember 2019

Dec 03, 2019
Sales Comparison
  Detached Homes Condos Townhomes
       
Richmond -35.5% -9.9% -20.0%
       
Vancouver West -15.4% -16.4% -43.0%
       
Burnaby -9.3% +5.6% -25.0%

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