Vancouver Housing Market

Home sellers off to an active start in 2025 – January 2025 Greater Vancouver Realtors Statistics VANCOUVER, BC – February 4, 2025 – Homes newly listed on the MLS® in Metro Vancouver rose 46 percent year-over-year in January, as sellers appear eager to enter the market to start the year. The Greater Vancouver REALTORS® (GVR)…

Home sales register a strong finish to cap off 2024 – December 2024 Greater Vancouver Realtors Statistics VANCOUVER, BC – January 3, 2025 – Home sales registered on the Multiple Listing Service® (MLS®) in Metro Vancouver rose over thirty percent in December, compared to the previous year, signaling strengthening demand-side momentum to close out 2024….

Home buyer demand continues to strengthen inNovember VANCOUVER, BC – December 3, 2024 – Home sales registered in the MLS® in the Metro Vancouver 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) reports that residential sales in the…

Buyer demand surges in October VANCOUVER, BC – November 4, 2024 – After months of tracking approximately twenty per cent below the ten-year seasonal average, Metro Vancouver1 home sales surged more than 30 per cent year-over-year in October. Greater Vancouver REALTORS® (GVR) reports that residential sales registered on the Multiple Listing Service® (MLS®) in the region totalled…

Buyers remain cautious to begin the fall market VANCOUVER, BC – October 2, 2024 – Home sales registered on the MLS® in Metro Vancouver1 declined 3.8 percent 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) reports that residential sales…

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. 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 sales…

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 Vancouver housing market. On the demand side, the Greater Vancouver…

Market shifting in buyers’ favour, though hesitation remains – June 2024 Greater Vancouver Realtors Statistics VANCOUVER, BC – July 3, 2024 – 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…

Inventory reaches highest level since the pandemic summer of 2020 – April 2024 Greater Vancouver Realtors Statistics Actively listed homes for sale on the MLS® in Metro Vancouver continued climbing in April, up 42 per cent year-over-year, breaching the 12,000 mark, a number not seen in the region since the summer of 2020. Greater Vancouver REALTORS®…

Increased seller activity is giving buyers more choice this Spring – March 2024 Greater Vancouver Realtors Statistics VANCOUVER, BC – April 3, 2024 – The number of Metro Vancouver1 homes listed for sale on the MLS® rose nearly 23 per cent year-over-year, providing more opportunity for buyers looking for a home this spring. The Greater…

Home sellers awaken this spring, bringing much-needed inventory to the housing market – February 2024 Greater Vancouver Realtors Statistics VANCOUVER, BC – March 4, 2024 – While Metro Vancouver home sellers appeared somewhat hesitant in January, new listings rose 31 per cent year-over-year in February, bringing a significant number of newly listed properties to the…