First-Time Home Buyer Guide
December 14, 2021
Buying your first home is one of life’s most exhilarating and exhausting experiences. Here are some tips and considerations to ensure you can successfully navigate your home-buying adventure.
March home sales and new listings set records in Metro Vancouver
May 3, 2021
Home buyer and seller activity reached unprecedented levels across Metro Vancouver in March as the Real Estate Board of Greater Vancouver (REBGV) reports that residential home sales in the region totalled 5,708 in March 2021, a 126% increase from the 2,524 sales recorded in March 2020.
Home sale and listing resurgence extends into the fall
November 3, 2020
The Real Estate Board of Greater Vancouver (REBGV) reports that residential home sales in the region totaled 3,687 in October 2020, a 29 percent increase from the 2,858 sales recorded in October 2019, and a 1.2 percent increase from the 3,643 homes sold in September 2020.
Metro Vancouver home sales and listings surge in September
October 8, 2020
The Real Estate Board of Greater Vancouver (REBGV) reports that residential home sales in the region totalled 3,643 in September 2020, a 56.2% increase from the 2,333 sales recorded in September 2019, and a 19.6% increase from the 3,047 homes sold in August 2020.
Metro Vancouver housing market sees steady summer activity
August 5, 2020
The Real Estate Board of Greater Vancouver (REBGV) reports that residential home sales in the region totalled 3,128 in July 2020, a 22.3 per cent increase from the 2,557 sales recorded in July 2019, and a 28 per cent increase from the 2,443 homes sold in June 2020.
Bowen Island, Sunshine Coast homes lead pandemic-period price parade
August 5, 2020
In the six months since the COVID-19 pandemic began, home prices on Bowen Island and the Sunshine Coast have increased more than three times higher than in Greater Vancouver, part of a startling recovery that saw July home sales surge 22.3% from a month earlier and eclipse the 10-year average for the month.
Home prices remain steady, buyers & sellers become more comfortable in today’s market
June 2, 2020
Metro Vancouver home prices have remained steady since provincial health officials implemented physical distancing requirements in March. The Real Estate Board of Greater Vancouver (REBGV) reports that the MLS® Home Price Index1 composite benchmark price for all residential properties in Metro Vancouver today is $1,028,400.
Housing market activity picks up in the Fraser Valley
June 1, 2020
In May, Fraser Valley listings and property sales started to bounce back as REALTORS® helped their clients adjust to the new, necessary safety measures required to buy and sell a home during the provincial state of emergency due to COVID-19.
Home sale activity up, supply down to start 2020
February 4, 2020
The Real Estate Board of Greater Vancouver (REBGV) reports that residential home sales in the region totalled 1,571 in January 2020, a 42% increase from the 1,103 sales recorded in January 2019, and a 22% decrease from the 2,016 homes sold in December 2019.
Fraser Valley January home sales typical; new listings lagging
February 2, 2020
January’s property sales in the Fraser Valley came in 6% above the 10-year average for the month, while new listings finished 11% below historical norms as the Fraser Valley Real Estate Board processed 974 sales of all property types on its Multiple Listing Service® (MLS®) in January, a 22% decrease compared to sales in December 2019, and a 24% increase compared to the 784 sales in January of last year.
Plan and manage your mortgage
February 1, 2020
Whether you are buying a home or refinancing an existing home, it is important to make informed housing finance decisions. Take the time to plan and review your mortgage options, terms and conditions and prepare yourself for managing your mortgage.
Home sales decline below long-term averages in 2019
January 14, 2020
The Metro Vancouver housing market experienced below-average sales activity and moderate price declines in 2019 as the Real Estate Board of Greater Vancouver (REBGV) reports that sales of detached, attached and apartment homes reached 25,351 in 2019, a 3% increase from the 24,619 sales recorded in 2018.
Strong finish for mediocre year in Fraser Valley real estate
January 10, 2020
After a sluggish first half of the year, property sales in the Fraser Valley started picking up speed in the summer and finished strong in December, but not enough to surpass last year’s sales totals. The Board’s Multiple Listing Service® (MLS®) processed 15,487 sales in 2019, a 0.6% decrease compared to 2018’s 15,586 sales and the lowest total sales volume for the Fraser Valley since 2013
Metro Vancouver home sales return to historically typical levels
December 3, 2019
After a quieter first half of 2019, home buyer activity has returned to more historically typical levels in Metro Vancouver as 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% increase from the 1,608 sales recorded in November 2018.
'Much quicker than anticipated' recovery to BC housing market
November 28, 2019
After a drop in home sales in the early part of 2019, B.C.’s residential real estate market is recovering “much quicker than anticipated,” according to a report released November 25 by Central 1 Credit Union.
Home buyer activity increases in October
November 4, 2019
The Metro Vancouver housing market is experiencing a fall pickup in home sale activity as the Real Estate Board of Greater Vancouver (REBGV) reports that residential home sales in the region totalled 2,858 in October 2019, a 45% increase from the 1,966 sales recorded in October 2018, and a 22.5% increase from the 2,333 homes sold in September 2019.
Real estate rebound continues for Fraser Valley
November 4, 2019
The demand for Fraser Valley real estate is the strongest it’s been since the spring of 2018. The Fraser Valley Real Estate Board processed 1,592 sales of all property types on its Multiple Listing Service® (MLS®) in October, a 18.5% increase compared to sales in September 2019, and a 37.8% increase compared to the 1,155 sales in October of last year.
Property sales in the Fraser Valley have recovered bringing market into balance
October 2, 2019
For the third straight month, home sales in the Fraser Valley surpassed 2018 levels bringing the market back in line with long-term averages. The Fraser Valley Real Estate Board processed 1,343 sales of all property types on its Multiple Listing Service® (MLS®) in September, a 3.5 percent increase compared to August 2019...
Increased demand helps housing market reach balanced territory
October 2, 2019
Home buyer demand has returned to more historically typical levels in Metro Vancouver over the last three months as the Real Estate Board of Greater Vancouver (REBGV) reports that residential home sales in the region totalled 2,333 in September 2019...
Fraser Valley housing market continues to stabilize as sales pick up compared to last year
September 4, 2019
The Fraser Valley Real Estate Board processed 1,297 sales of all property types on its Multiple Listing Service® (MLS®) in August, an 11 per cent decrease compared to sales in July 2019, and a 12.3 per cent increase compared to the 1,155 sales in August of last year.
Housing supply up, home sales and prices down in June
July 17, 2019
The Real Estate Board of Greater Vancouver (REBGV) reports that residential home sales in the region totalled 2,077 in June 2019, a 14.4 per cent decrease from the 2,425 sales recorded in June 2018 and a 21.3 per cent decrease from the 2,638 homes sold in May 2019.
Prospective home buyers remain on the sidelines in March
April 2, 2019
The Real Estate Board of Greater Vancouver (REBGV) reports that residential home sales in the region totalled 1,727 in March 2019, a 31.4% decrease from the 2,517 sales recorded in March 2018, and a 16.4% increase from the 1,484 homes sold in February 2019.
Fraser Valley market sees typical spring increase in March sales
April 2, 2019
Last month, buyers in the Fraser Valley took advantage of the continued stability in home prices and the highest inventory levels for March since 2015.
Housing market conditions continue to favour home buyers
March 4, 2019
The Real Estate Board of Greater Vancouver (REBGV) reports that residential home sales in the region totalled 1,484 in February 2019, a 32.8% decrease from the 2,207 sales recorded in February 2018, and a 34.5% increase from the 1,103 homes sold in January 2019.
Home listings increase while buyers remain in holding pattern
February 4, 2019
Home listings continue to increase across all housing categories in the Metro Vancouver housing market while home buyer activity remains below historical averages. Last month’s sales were 36.3% below the 10-year January sales average and were the lowest January-sales total since 2009.
Inventory rises and apartment sales take lead during modest January market
February 4, 2019
The Fraser Valley Real Estate Board processed 784 sales of all property types on its Multiple Listing Service® (MLS®) in January, a 2% decrease compared to sales in December 2018, and a 35.2% decrease compared to the 1,210 sales in January of last year.
Historic Day for North Vancouver as ground breaks on innovative mass timber development
October 12, 2018
The Central Lonsdale area will officially become the home of the community’s first entirely mass timber development, creating 179 new homes for residents of North Vancouver...
Housing supply ample as buyers remain hesitant in September
October 1, 2018
The slowing of sales activity and expansion of overall inventory that has defined much of 2018 for the Fraser Valley housing market continued in September, with sales at their lowest point and inventory at its highest for the year.
Home buyer demand stays below historical averages
September 4, 2018
The Metro Vancouver housing market continues to experience reduced demand across all housing types. The Real Estate Board of Greater Vancouver (REBGV) reports that residential home sales in the region totalled 1,929 in August 2018, a 6.8% decline compared to July 2018 when 2,070 homes sold.
Freeport Industries: The next trend in home building is modular
August 8th, 2018
Building a home as opposed to buying one may seem like an overwhelming choice for those who have never undertaken the challenge. They may not have the expertise or even the time to look after a home-building project that requires a whole host of considerations....
Housing supply up, demand down across Metro Vancouver
August 2, 2018
July’s residential housing sales in Metro Vancouver reached their lowest levels for that month since the year 2000. The Real Estate Board of Greater Vancouver (REBGV) reports that residential property sales in the region totalled 2,070 in July 2018, a 30.1% decrease from the 2,960 sales recorded in July 2017...
IKEA hacks to elevate your home design
June 18th, 2018
Being creative is part of owning a home in BC, with affordability being top of mind for many home owners, DIY tips are in popular demand. A local home builder, Mosaic Homes, partnered with Laura Melling, a Vancouver-based interior designer, who have together created an upscale home design look on a budget with IKEA Hacks at their new townhome model home, Hawthorne, in Surrey, BC.
Sales holding steady amid rising house prices
May 15th, 2018
Sales of single-family homes in the VIREB area rose by 20 percent month over month in April but remained static from one year ago. Last month, 476 single-family homes sold on the Multiple Listing Service® (MLS®) System compared to 398 in March and 476 one year ago.
Real estate developer leads with innovative technology
April 30, 2018
From floor to ceiling and doors to draws, Adera uses Quiet HomeTM technology to reduce airborne sound, while their use of Mass Timber in the construction of their developments provides a superior level of safety and sustainability...
Fewer home sales and listings in the first quarter of 2018
April 4, 2018
The Real Estate Board of Greater Vancouver (REBGV) reports that residential home sales in the region totalled 2,517 in March 2018, a 29.7 percent decrease from the 3,579 sales recorded in March 2017, and a 14 percent increase compared to February 2018 when 2,207 homes sold.
Home buyer demand depends on property type
February 8, 2018
Attached and apartment homes are in demand across Metro Vancouver while detached home buyers are facing less competition today. The Real Estate Board of Greater Vancouver (REBGV) reports that residential home sales in the region totalled 1,818 in January 2018, a 19.4 percent increase from the 1,523 sales recorded in January 2017, and a 9.8% decrease compared to December 2017 when 2016 homes sold.
Steady sales and diminished listings characterize 2017
January 8, 2018
After reaching record levels in 2015 and 2016, Metro Vancouver home sales returned to more historically normal levels in 2017. Home listings, on the other hand, came in several thousand units below typical activity. The Real Estate Board of Greater Vancouver (REBGV) reports that sales of detached, attached and apartment properties reached 35,993 on the MLS in 2017....
Another big year for Fraser Valley real estate
January 6, 2018
The Fraser Valley housing market had its second highest selling year on record in 2017, with total MLS® transactions and dollar volume sold behind only 2016’s unprecedented level of activity.
The Board’s Multiple Listing Service® (MLS®) processed 22,338 sales in 2017, 7.3 percent less than the record of 23,974 sales set in 2016.
Victoria real estate market strong to the end of 2017
January 5, 2018
A total of 462 properties sold in the Victoria Real Estate Board region this December, 1.9 percent fewer than the 471 properties sold in December last year. A grand total of 8,944 properties sold over the course of 2017, 15.8 percent fewer than the record breaking 10,622 that sold in 2016. 2017 sales came in at 21.7 percent over the ten year average of 7,349 properties sold.
VIREB posts the strongest December on record
January 4, 2018
The Vancouver Island Real Estate Board (VIREB) reports that on a seasonally adjusted basis, the board had its busiest December on record, with 667 housing units changing hands last month. Sales of single-family homes increased by 35 percent from December 2016. Annually, 5,612 single-family homes sold on the Multiple Listing Service® (MLS®) System in 2017 compared to 6,059 the previous year, a decrease of seven percent.
Metro Vancouver continues to experience above-average demand & below-average supply
December 4, 2017
The Real Estate Board of Greater Vancouver (REBGV) reports that residential home sales in the region totalled 2,795 in November 2017, a 26.2 percent increase from the 2,214 sales recorded in November 2016, and a 7.5 percent decrease compared to October 2017 when 3,022 homes sold.
Attached sales continue to drive Fraser Valley market in November
December 3, 2017
Demand for Fraser Valley properties persisted through November, once again bolstered by strong attached sales across the region. The Fraser Valley Real Estate Board processed 1,743 sales of all property types on its Multiple Listing Service® (MLS®) in November, an increase of 39.8 percent compared to the 1,247 sales in November of last year...
Homebuyer Registrations: Use market research for the (online) win
November 29, 2017
The “Rule of Seven” states people need to see your ad seven times before they take action. Whether or not you believe seven is the lucky number – you need people to see your ad. Not just any people. Your target audience for registering for your real estate development...
The Fifth Dimension: The final quarter of 2019 reflected a period of resurgence heading into 2020
Edgestone at Grandview Heights: Contemporary new homes in the heart of South Surrey
Home sale activity up, supply down to start 2020
Built Green Canada: A Unique Vantage Point Opens Up Possibility for Innovation
Freeport Industries: The next trend in home building is modular
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