Blog by Major S. Olak

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Home sellers continue to outnumber buyers in Greater Vancouver’s summer housing market

September 10th, 2012
VANCOUVER, B.C. – September 5, 2012 – Home sale activity remained below long-term averages in the Greater Vancouver housing market in August.The Real Estate Board of Greater Vancouver (REBGV) reports that residential property sales of detached, attached and apartment properties reached 1,649 in August, a 30.7 percent decline compared to the 2,378 sales in August 2011 and a 21.4 percent declin ...
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Greater Vancouver housing market hits summer lull

August 3rd, 2012
VANCOUVER, B.C. – August 2, 2012 – Residential property sales in Greater Vancouver remained at a 10-year low in July, while the number of properties being listed for sale continued to edge down and prices remained relatively stable.The Real Estate Board of Greater Vancouver (REBGV) reports that there were 2,098 residential property sales of detached, attached and apartment properties in July. ...
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Stability and regional ‘hot spots’ characterize January housing market

February 3rd, 2011
VANCOUVER, B.C. – February 2, 2011 – The Greater Vancouver housing market remained in balanced market conditions in January, although higher levels of buyer demand were seen in some of the region’s largest communities. The number of properties listed for sale and those sold on the Multiple Listing Service® (MLS®) last month outpaced the 10-year average in both categories for January. “There ...

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