Metro Vancouver home sales set a record in 2021
 
Metro Vancouver home sales reached an all-time high in 2021 as housing needs remained a top priority for residents in the second year of the COVID-19 pandemic. 

The Real Estate Board of Greater Vancouver (REBGV) reports that residential home sales in the region totalled 43,999 in 2021, a 42.2 per cent increase from the 30,944 sales recorded in 2020, a 73.6 per cent increase from the 25,351 homes sold in 2019, and a four per cent increase over the previous all-time sales record of 42,326 set in 2015. 

Last year’s sales total was 33.4 per cent above the 10-year sales average.
 
“Home has been a focus for residents throughout the pandemic. With low interest rates, increased household savings, more flexible work arrangements, and higher home prices than ever before, Metro Vanc ...

Here's what happened in Metro Vancouver last month:
Home sales activity remains up, listings down across Metro Vancouver’s housing market
 
As we near the end of 2021, home buyer demand remains well in excess of long-term averages and the supply of homes for sale continues to decline across Metro Vancouver’s housing market. 

The Real Estate Board of Greater Vancouver (REBGV) reports that residential home sales in the region totalled 3,428 in November 2021, an 11.9 per cent increase from the 3,064 sales recorded in November 2020, and a 1.9 per cent decrease from the 3,494 homes sold in October 2021. 

Last month’s sales were 33.6 per cent above the 10-year November sales average. 

“We expect home sale totals to end the year at or near an all-time record in our region,” Keith Stewart, REBGV economist said. “We’ve had elevated home sale activity throughout 2021 despite persistently low levels of ...

Hello,The holiday season is upon us! For many, this means holiday decorating, family gatherings and chilly weather. If you’re hosting for the holidays, we have some tips to keep it as stress-free as possible. Plus, whether you’re looking to buy this winter or just prepare your house for the cold weather, we’re here to help.














Tips for Hosting in your Home for the Holidays







Hosting the holidays in your home can be both exciting and challenging. Not only are you focused on making the celebration special for your loved ones, but you also need to get your home ready. Here are three tips to simplify the process, so you can host with ease.Plan aheadThe best thing you can do to prepare is plan ahead and early. Think about how many guests will be coming, whether any will be staying with you, what kind of food you want to serve, what type of libations you’ll have, etc. Once you know what you need, you can mov ...

 

































Metro Vancouver home buyers compete for fewer home listings in October
 
Home sale activity in Metro Vancouver remained above historical averages in October while the overall supply of homes for sale dipped to levels not seen in three years.

The Real Estate Board of Greater Vancouver (REBGV) reports that residential home sales in the region totalled 3,494 in October 2021, a 5.2 per cent decrease from the 3,687 sales recorded in October 2020, and an 11 per cent increase from the 3,149 homes sold in September 2021.

Last month’s sales were 22.4 per cent above the 10-year October sales average.

“Home sale activity continues to outpace what’s typical for this time of year and the pool of homes available for sale is in decline. This dynamic between supply and demand is causing home prices to continue to edge up across the region,&rdquo ...

Strong Market Activity to Continue in 2022
BCREA 2021 Fourth Quarter Housing Forecast















Vancouver, BC – October 28, 2021. The British Columbia Real Estate Association (BCREA) released its 2021 Fourth Quarter Housing Forecast today.
Multiple Listing Service® (MLS®) residential sales in the province are forecast to rise 29 per cent to 121,450 units this year, after recording 94,013 sales in 2020. In 2022, MLS® residential sales are forecast to pull back 15 per cent to 102,750 units.
“After a frenzied start to the year, activity in BC housing markets has settled back to a level that is broadly in-line with long-run trends. The strength of the first half of this year has sales on track to easily break the previous record for annual sales,” said BCREA Chief Economist, Brendon Ogmundson. “While we do not anticipate a repeat of the record-setting market of 2021, we do expect housing market act ...