Buyers remain hesitant as inventory builds VANCOUVER, BC – June 3, 2025 – May saw inventory levels across Metro Vancouver* reach another ten-year high, while home sales registered on the MLS® remained muted. The Greater Vancouver REALTORS® (GVR) reports that residential sales in the region totalled 2,228 in May 2025, an 18.5 per cent decrease […]
Spring market brings abundance of opportunity for buyers The slowdown in home sales registered on the Multiple Listing Service® (MLS®) in Metro Vancouver* that began early this year continued in April, with sales down nearly 24 per cent year-over-year. The Greater Vancouver REALTORS® (GVR) reports that residential sales in the region totalled 2,163 in April […]
A market made for buyers is missing buyers Home sales registered on the MLS® in Metro Vancouver for the month of March were the lowest going back to 2019 for the same month, while active listings continue to their upward trend. The Greater Vancouver REALTORS® (GVR) reports that residential sales in the region totalled 2,091 […]
February brings balance to Metro Vancouver’s housing market After a 46 per cent year-over-year increase of new listings in January, the number of newly listed properties on the MLS® in Metro Vancouver* rose more moderately in February helping keep market conditions in balanced territory. The Greater Vancouver REALTORS® (GVR) reports that residential sales in the […]
Home sellers off to an active start in 2025 Homes newly listed on the MLS® in Metro Vancouver* rose 46 per cent year-over-year in January, as sellers appear eager to enter the market to start the year. The Greater Vancouver REALTORS® (GVR) reports that residential sales in the region totalled 1,552 in January 2025, an […]
Home sales register a strong finish to cap off 2024 Home sales registered on the Multiple Listing Service® (MLS®) in Metro Vancouver1 rose over thirty per cent in December, compared to the previous year, signalling strengthening demand-side momentum to close out 2024. The Greater Vancouver REALTORS® (GVR)2 reports that residential sales in the region totalled […]
Home buyer demand continues to strengthen in November Home sales registered in the MLS® in the Metro Vancouver1 market rose 28 percent year-over-year in November, building on the momentum of the 30 percent year-over-year increase seen in October. The Greater Vancouver REALTORS® (GVR)2 reports that residential sales in the region totalled 2,181 in November 2024, […]
Buyer demand surges in October After months of tracking approximately twenty per cent below the ten-year seasonal average, Metro Vancouver home sales surged more than 30 per cent year-over-year in October. The Greater Vancouver REALTORS® (GVR) reports that residential sales registered on the Multiple Listing Service® (MLS®) in the region totalled 2,632 in October 2024, a 31.9 […]
Buyers remain cautious to begin the fall market Home sales registered on the MLS® in Metro Vancouver1 declined 3.8 per cent year over year in September, suggesting recent reductions in borrowing costs are having a limited effect in spurring demand so far. Greater Vancouver REALTORS® (GVR)2 reports that residential sales in the region totalled 1,852 […]
Sellers await buyers’ return after quieter summer market Home sales registered on the MLS® in Metro Vancouver remained below their ten-year seasonal averages in August as summer holidays come to a close. The Greater Vancouver REALTORS® (GVR) reports that residential sales in the region totalled 1,904 in August 2024, a 17.1 per cent decrease from the 2,296 […]
More selection not translating to more transactions VANCOUVER, BC – August 2, 2024 – Newly listed properties registered on the Multiple Listing Service® (MLS®) rose nearly twenty per cent year over year in July, helping to sustain a healthy level of inventory in the Metro Vancouver1 housing market. On the demand side, the Greater Vancouver […]
Market shifting in buyers’ favour, though hesitation remains Metro Vancouver home sales registered on the MLS® remained below seasonal and historical averages in June. With reduced competition among buyers, inventory has continued to accumulate to levels not seen since the spring of 2019. The Greater Vancouver REALTORS® (GVR) reports that residential sales2 in the region […]
