Blog by Major S. Olak

Next >

Home sales activity strong through Olympic period

March 5th, 2010
VANCOUVER, B.C. – March 2, 2010 –The Greater Vancouver housing market continued to experience strong demand from homebuyers and an increase in total property listings in a month where the eyes of the world were focused on the region. The Real Estate Board of Greater Vancouver (REBGV) reports that residential property sales in Greater Vancouver totalled 2,473 in February 2010, an increase of ...
Read More

Posted in Market Report

Housing supply and demand reach closer alignment in January

February 3rd, 2010
VANCOUVER, B.C. – February 2, 2010 – Diverse selection and favourable interest rates continue to drive demand in the Greater Vancouver housing market. The Real Estate Board of Greater Vancouver (REBGV) reports that residential property sales in Greater Vancouver totalled 1,923 in January 2010, an increase of 152.4 percent compared to January 2009 when 762 sales were recorded and a 23.5 perce ...
Read More

Posted in Market Report

Slow start, strong finish for housing market in 2009

January 6th, 2010
VANCOUVER, B.C. – January 5, 2010 – After beginning the year at near record low sales levels, buyers’ confidence in the Greater Vancouver housing market quickly returned, allowing for significant and sustained increases in the number of residential property sales for much of 2009.  The Real Estate Board of Greater Vancouver (REBGV) reports that total unit sales of detached, attached and apar ...
Read More

Posted in Market Report

Strong demand carries into late fall

December 3rd, 2009
VANCOUVER, B.C. – December 2, 2009 – Home values continued to edge upward in November as demand in the Greater Vancouver housing market remains well above seasonal norms. Over the last 12 months, the MLSLink® Housing Price Index (HPI) benchmark price for all residential properties in Greater Vancouver increased 12.4 percent to $557,384 from $495,704 in November 2008. This price, however, rem ...
Read More

Posted in Market Report

High sales levels spur rise in home values

November 4th, 2009
VANCOUVER, B.C. – November 2, 2009 – Strong demand has led to a steady rise in Greater Vancouver home prices compared to last year. Over the last 12 months, the MLSLink® Housing Price Index (HPI) benchmark price for all residential properties in Greater Vancouver increased 6.8 percent to $553,702 from $518,668 in October 2008. “While home prices have been rising in 2009, they have not eclip ...
Read More

Posted in Market Report

Buyer demand remains strong while home listings increase

October 5th, 2009
VANCOUVER, B.C. – October 2, 2009 – Greater Vancouver home sales remained strong last month, with the second highest number of residential sales ever recorded for the month of September. The Real Estate Board of Greater Vancouver (REBGV) reports that residential property sales in Greater Vancouver totalled 3,559 in September 2009, an increase of 3.4 percent from the 3,441 sales recorded in A ...
Read More

Posted in Market Report

Market momentum carries into August

September 3rd, 2009
VANCOUVER, B.C. – September 2, 2009 – The number of home sales in Greater Vancouver increased significantly last month compared to August 2008 and moved closer in line with the active summer months experienced between 2003 and 2007. The Real Estate Board of Greater Vancouver (REBGV) reports that residential property sales in Greater Vancouver increased 119.5 percent in August 2009 to 3,441 f ...
Read More

Posted in Market Report

Strong spring market carries into summer months

August 5th, 2009
VANCOUVER, B.C. – August 5, 2009 – The Greater Vancouver housing market gained further momentum in July with record sales levels and a continued strengthening of home prices. The Real Estate Board of Greater Vancouver (REBGV) reports that the number of residential property sales in Greater Vancouver totalled 4,114 in July 2009, becoming the highest volume of sales ever recorded within the RE ...
Read More

Posted in Market Report

Market conditions drive strong June housing sales

July 7th, 2009
VANCOUVER, B.C. – July 3, 2009 – The combination of low interest rates and more affordable pricing helped propel Greater Vancouver home sale numbers to the second all-time highest total for the month of June. The Real Estate Board of Greater Vancouver (REBGV) reports that sales of detached, attached and apartment properties increased 75.6 per cent in June 2009 to 4,259, from the 2,425 sales ...
Read More

Posted in Market Report

Next >

Sitemap Privacy Policy Real Estate websites for Agents