Vancouver & Burnaby Real Estate Market Updates     


  Vancouver Real Estate Market Update For November, 2015

The Real Estate Board of Greater Vancouver (REBGV) reports that residential property sales in *Metro Vancouver reached 3,524 on the Multiple Listing Service® (MLS®) in November 2015. This represents a 40.1 per cent increase compared to the 2,516 sales recorded in November 2014, and a 3.3 per cent decrease compared to the 3,646 sales in October 2015.

  Vancouver Real Estate Market Update For October, 2015

The Real Estate Board of Greater Vancouver (REBGV) reports that residential property sales in *Metro Vancouver reached 3,646 on the Multiple Listing Service® (MLS®) in October 2015. This represents a 19.3 per cent increase compared to the 3,057 sales recorded in October 2014, and a 9 per cent increase compared to the 3,345 sales in September 2015.

  Vancouver Real Estate Market Update For September, 2015

The Real Estate Board of Greater Vancouver (REBGV) reports that residential property sales in Metro Vancouver reached 3,345 on the Multiple Listing Service® (MLS®) in September 2015. This represents a 14.5 per cent increase compared to the 2,922 sales recorded in September 2014, and a 0.5 per cent decrease compared to the 3,362 sales in August 2015.

  Vancouver Real Estate Market Update For August, 2015

The Real Estate Board of Greater Vancouver (REBGV) reports that residential property sales in Metro Vancouver reached 3,362 on the Multiple Listing Service® (MLS®) in August 2015. This represents a 21.3 per cent increase compared to the 2,771 sales recorded in August 2014, and a decrease of 15.5 per cent compared to the 3,978 sales in July 2015.

  Vancouver Real Estate Market Update For July, 2015

The Real Estate Board of Greater Vancouver (REBGV) reports that residential property sales in Metro Vancouver* reached 3,978 on the Multiple Listing Service® (MLS®) in July 2015. This represents a 30 per cent increase compared to the 3,061 sales recorded in July 2014, and a decrease of 9.1 per cent compared to the 4,375 sales in June 2015.

  Vancouver Real Estate Market Update For June, 2015

The REBGV reports that residential property sales in Metro Vancouver* reached 4,375 on the Multiple Listing Service® (MLS®) in June 2015. This represents a 28.4 per cent increase compared to the 3,406 sales recorded in June 2014, and an increase of 7.9 per cent compared to the 4,056 sales in May 2015.

  Vancouver Real Estate Market Update For May, 2015

The Real Estate Board of Greater Vancouver (REBGV) reports that residential property sales in Metro Vancouver reached 4,056 on the Multiple Listing Service® (MLS®) in May 2015. This represents a 23.4 per cent increase compared to the 3,286 sales recorded in May 2014, and a decrease of 2.9 per cent compared to the 4,179 sales in April 2015.

  Vancouver Real Estate Market Update For April, 2015

The Real Estate Board of Greater Vancouver (REBGV) reports that residential property sales in Metro Vancouver reached 4,179 on the Multiple Listing Service® (MLS®) in April 2015. This represents a 37 per cent increase compared to the 3,050 sales recorded in April 2014, and a 2.9 per cent increase compared to the 4,060 sales in March 2015.

  Vancouver Real Estate Market Update For March, 2015

The Real Estate Board of Greater Vancouver (REBGV) reports that residential property sales in Greater Vancouver reached 4,060 on the Multiple Listing Service® (MLS®) in March 2015. This represents a 53.7 per cent increase compared to the 2,641 sales recorded in March 2014, and a 32.6 per cent increase compared to the 3,061 sales in February 2015.

  Vancouver Real Estate Market Update For February, 2015

The Real Estate Board of Greater Vancouver (REBGV) reports that residential property sales in Greater Vancouver reached 3,061 on the Multiple Listing Service® (MLS®) in February 2015. This represents a 21 per cent increase compared to the 2,530 sales recorded in February 2014, and a 60 per cent increase compared to the 1,913 sales in January 2015.

  Vancouver Real Estate Market Update For January, 2015

The Real Estate Board of Greater Vancouver (REBGV) reports that residential property sales in Greater Vancouver reached 1,913 on the Multiple Listing Service® (MLS®) in January 2015. This represents an 8.7 per cent increase compared to the 1,760 sales recorded in January 2014, and a 9.6 per cent decline compared to the 2,116 sales in December 2014.

  Vancouver Real Estate Market Update For December, 2014

Residential property sales in Greater Vancouver totalled 2,116 in December 2014, an increase of
8.3 per cent from the 1,953 sales recorded in December 2013 and a 15.9 per cent decline
compared to November 2014 when 2,516 home sales occurred.

  Vancouver Real Estate Market Update For November, 2014

The Real Estate Board of Greater Vancouver (REBGV) reports that residential property sales in Metro Vancouver reached 2,516 on the Multiple Listing Service® (MLS®) in November 2014. This represents an 8.4 per cent increase compared to the 2,321 sales in November 2013, and a 17.7 per cent decline compared to the 3,057 sales in October 2014.

  Vancouver Real Estate Market Update For October, 2014

The Real Estate Board of Greater Vancouver (REBGV) reports that residential property sales in Greater Vancouver reached 3,057 on the Multiple Listing Service® (MLS®) in October 2014. This represents a 14.9 per cent increase compared to the 2,661 sales in October 2013, and a 4.6 per cent increase over the 2,922 sales in September 2014.

  Vancouver Real Estate Market Update For September, 2014

The Real Estate Board of Greater Vancouver (REBGV) reports that residential property sales in Greater Vancouver reached 2,922 on the Multiple Listing Service® (MLS®) in September 2014. This represents a 17.7 per cent increase compared to the 2,483 sales in September 2013, and  a 5.4 per cent increase over the 2,771 sales in August 2014.

  Vancouver Real Estate Market Update For August, 2014

The Real Estate Board of Greater Vancouver (REBGV) reports that residential property sales in Greater Vancouver reached 2,771 on the Multiple Listing Service® (MLS®) in August 2014. This represents a 10.2 per cent increase compared to the 2,514 sales recorded in August 2013, and a 9.5 per cent decline compared to the 3,061 sales in July 2014.

  Vancouver Real Estate Market Update For July, 2014

The Real Estate Board of Greater Vancouver (REBGV) reports that residential property sales in Greater Vancouver reached 3,061 on the Multiple Listing Service® (MLS®) in July 2014. This represents a 3.9 per cent increase compared to the 2,946 sales recorded in July 2013, and a 10.1 per cent decline compared to the 3,406 sales in June 2014.

  Vancouver Real Estate Market Update For June, 2014

The Real Estate Board of Greater Vancouver (REBGV) reports that residential property sales in Greater Vancouver reached 3,406 on the Multiple Listing Service® (MLS®) in June 2014. This represents a 28.9 per cent increase compared to the 2,642 sales recorded in June 2013, and a 3.7 per cent increase compared to the 3,286 sales in May 2014.

  Vancouver Real Estate Market Update For May, 2014

The Real Estate Board of Greater Vancouver (REBGV) reports that residential property sales in Greater Vancouver reached 3,286 on the Multiple Listing Service® (MLS®) in May 2014. This represents a 14 per cent increase compared to the 2,882 sales recorded in May 2013, and a 7.7 per cent increase compared to the 3,050 sales in April 2014.

  Vancouver Real Estate Market Update For April, 2014

The Real Estate Board of Greater Vancouver (REBGV) reports that residential property sales in Greater Vancouver reached 3,050 on the Multiple Listing Service® (MLS®) in April 2014. This represents a 16.1 per cent increase compared to the 2,627 sales recorded in April 2013, and a 15.5 per cent increase compared to the 2,641 sales in March 2014.

  Vancouver Real Estate Market Update For March, 2014

The Real Estate Board of Greater Vancouver (REBGV) reports that residential property sales in Greater Vancouver reached 2,641 on the Multiple Listing Service® (MLS®) in March 2014. This represents a 12.5 per cent increase compared to the 2,347 sales recorded in March 2013, and a 4.4 per cent increase compared to the 2,530 sales in February 2014.

  Vancouver Real Estate Market Update For February, 2014

The Real Estate Board of Greater Vancouver (REBGV) reports that residential property sales in Greater Vancouver reached 2,530 on the Multiple Listing Service® (MLS®) in February 2014. This represents a 40.8 per cent increase compared to the 1,797 sales recorded in February 2013, and a 43.8 per cent increase compared to the 1,760 sales in January 2014.

  Vancouver Real Estate Market Update For January, 2014

The Real Estate Board of Greater Vancouver (REBGV) reports that residential property sales in Greater Vancouver reached 1,760 on the Multiple Listing Service® (MLS®) in January 2014. This represents a 30.3 per cent increase compared to the 1,351 sales recorded in January 2013, and a 9.9 per cent decline compared to the 1,953 sales in December 2013.

  Vancouver Real Estate Market Update For December, 2013

The Real Estate Board of Greater Vancouver (REBGV) reports that total sales of detached,
attached and apartment properties in 2013 reached 28,524, a 14 per cent increase from the 25,032 sales recorded in 2012, and an 11.9 per cent decrease from the 32,390 residential sales in 2011.

  Vancouver Real Estate Market Update For November, 2013

The Real Estate Board of Greater Vancouver (REBGV) reports that residential property sales in
Greater Vancouver reached 2,321 on the Multiple Listing Service® (MLS®) in November 2013.
This represents a 37.7 per cent increase compared to the 1,686 sales recorded in November 2012, and a 12.8 per cent decline compared to the 2,661 sales in October 2013.

  Vancouver Real Estate Market Update For October, 2013

The Real Estate Board of Greater Vancouver reports that residential property sales in Greater
Vancouver reached 2,661 on the Multiple Listing Service® (MLS®) in October 2013. This is a
37.8 per cent increase compared to the 1,931 sales recorded in October 2012, and a 7.2 per cent
increase from the 2,483 sales recorded in September 2013.

  Vancouver Real Estate Market Update For September, 2013

The Real Estate Board of Greater Vancouver (REBGV) reports that residential property sales in
Greater Vancouver reached 2,483 on the Multiple Listing Service® (MLS®) in September 2013.
This represents a 63.8 per cent increase compared to the 1,516 sales recorded in September 2012, and a 1.2 per cent decline compared to the 2,514 sales in August 2013.

  Vancouver Real Estate Market Update For August, 2013

The Real Estate Board of Greater Vancouver (REBGV) reports that residential property sales in
Greater Vancouver reached 2,514 on the Multiple Listing Service® (MLS®) in August 2013.
This represents a 52.5 per cent increase compared to the 1,649 sales recorded in August 2012,
and a 14.7 per cent decline compared to the 2,946 sales in July 2013.

  Vancouver Real Estate Market Update For July, 2013

The Real Estate Board of Greater Vancouver (REBGV) reports that residential property sales in
Greater Vancouver reached 2,946 on the Multiple Listing Service® (MLS®) in July 2013. This
represents a 40.4 per cent increase compared to the 2,098 sales recorded in July 2012, and an
11.5 per cent increase compared to the 2,642 sales in June 2013.

  Vancouver Real Estate Market Update For June, 2013

The Real Estate Board of Greater Vancouver (REBGV) reports that residential property sales in
Greater Vancouver reached 2,642 on the Multiple Listing Service® (MLS®) in June 2013. This
represents an 11.9 per cent increase compared to the 2,362 sales recorded in June 2012, and an
8.3 per cent decline compared to the 2,882 sales in May 2013.

  Vancouver Real Estate Market Update For May, 2013

The Real Estate Board of Greater Vancouver (REBGV) reports that residential property sales in
Greater Vancouver reached 2,882 on the Multiple Listing Service® (MLS®) in May 2013. This
represents a one per cent increase compared to the 2,853 sales recorded in May 2012, and a 9.7
per cent increase compared to the 2,627 sales in April 2013.

  Vancouver Real Estate Market Update For April, 2013

The Real Estate Board of Greater Vancouver (REBGV) reports that residential property sales in
Greater Vancouver reached 2,627 on the Multiple Listing Service® (MLS®) in April 2013. This
represents a 6.1 per cent decrease compared to the 2,799 sales recorded in April 2012, and an
11.9 per cent increase compared to the 2,347 sales in March 2013.

  Vancouver Real Estate Market Update For March, 2013

The Real Estate Board of Greater Vancouver (REBGV) reports that residential property sales in
Greater Vancouver reached 2,347 on the Multiple Listing Service® (MLS®) in March 2013.
This represents an 18.3 per cent decrease compared to the 2,874 sales recorded in March 2012,
and a 30.6 per cent increase compared to the 1,797 sales in February 2013.

  Vancouver Real Estate Market Update For February, 2013

The Real Estate Board of Greater Vancouver (REBGV) reports that residential property sales in
Greater Vancouver reached 1,797 on the Multiple Listing Service® (MLS®) in February 2013.
This represents a 29.4 per cent decrease compared to the 2,545 sales recorded in February 2012,
and a 33 per cent increase compared to the 1,351 sales in January 2012.

  Vancouver Real Estate Market Update For January, 2013

The Real Estate Board of Greater Vancouver (REBGV) reports that residential property sales in
Greater Vancouver reached 1,351 on the Multiple Listing Service® (MLS®) in January 2013.
This represents a 14.3 per cent decrease compared to the 1,577 sales recorded in January 2012,
and an 18.3 per cent increase compared to the 1,142 sales in December 2012.

  Vancouver Real Estate Market Update For December, 2012

Since reaching a peak in May of $625,100, the MLS® Home Price Index composite benchmark
price for all residential properties in Greater Vancouver has declined 5.8 per cent to $590,800.
This represents a 2.3 per cent decline when compared to this time last year.

  Vancouver Real Estate Market Update For November, 2012

The Real Estate Board of Greater Vancouver (REBGV) reports that residential property sales of
detached, attached and apartment properties reached 1,686 on the region’s Multiple Listing
Service® (MLS®) in November, a 28.6 per cent decline compared to the 2,360 sales in
November 2011 and a 12.7 per cent decline compared to the 1,931 home sales in October 2012.

  Vancouver Real Estate Market Update For October, 2012

The Real Estate Board of Greater Vancouver (REBGV) reported 1,931 residential property sales
of detached, attached and apartment properties on the region’s Multiple Listing Service®
(MLS®) in October, a 16.7 per cent decline compared to the 2,317 sales in October 2011 and a
27.4 per cent increase compared to the 1,516 home sales in September 2012.

  Vancouver Real Estate Market Update For September, 2012

The Real Estate Board of Greater Vancouver (REBGV) reports that residential property sales of detached, attached and apartment properties reached 1,516 in September, a 32.5 per cent decline compared to the 2,246 sales in September 2011 and an 8.1 per cent decline compared to the 1,649 sales in August 2012.

  Vancouver Real Estate Market Update For August, 2012

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 per cent decline compared to the 2,378 sales in August 2011 and a 21.4 per cent decline compared to the 2,098 sales in July 2012.

  Vancouver Real Estate Market Update For July, 2012

 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. That’s an 18.4 per cent decline compared to the 2,571 sales in July 2011 and an 11.2 per cent decline compared to the previous month’s 2,362 sales.

  Vancouver Real Estate Market Update For June, 2012

The Real Estate Board of Greater Vancouver (REBGV) reports that residential property sales of detached, attached and apartment properties reached 2,362 in June, a 27.6 per cent decline compared to the 3,262 sales in June 2011 and a 17.2 per cent decline compared to the 2,853 sales in May 2012. June sales were the lowest total for the month in the region since 2000 and 32.2 per cent below the 10-year June sales average of 3,484.

  Vancouver Real Estate Market Update For May, 2012

The Real Estate Board of Greater Vancouver (REBGV) reports that residential property sales in Greater Vancouver reached 2,853 on the Multiple Listing Service® (MLS®) in May 2012. This represents a 15.5 per cent decline compared
to the 3,377 sales recorded in May 2011.

  Vancouver REal Estate Market Update For April, 2012

The Real Estate Board of Greater Vancouver (REBGV) reports that residential property sales in Greater Vancouver reached 2,799 on the Multiple Listing Service® (MLS®) in April 2012. This represents a 13.2 per cent decline compared to the 3,225 sales recorded in April 2011 and a decline of 2.6 per cent compared to the 2,874 sales in March 2012.

  Vancouver REal Estate Market Update For March, 2012

The Real Estate Board of Greater Vancouver (REBGV) reports that residential property sales in Greater Vancouver reached 2,874 on the Multiple Listing Service® (MLS®) in March 2012. This represents a 12.9 per cent increase compared to the 2,545 sales recorded in February 2012, a decline of 29.6 per cent compared to the 4,080 sales in March 2011 and an 8.4 per cent decline compared to the 3,137 home sales in March 2010.

  Vancouver Real Estate Market Update For Februrary, 2012

New listings for detached, attached and apartment properties in Greater Vancouver totalled 5,552 in February 2012. This represents a 2.5 per cent decline compared to February 2011 when 5,693 properties were listed, and a 3.5 per cent decline compared to January 2012 when 5,756 homes were added to the MLS® in Greater Vancouver.

  Vancouver Real Estate Market Update For January, 2012
The Real Estate Board of Greater Vancouver (REBGV) reports that residential property sales in
Greater Vancouver reached 1,577 on the Multiple Listing Service® (MLS®) in January 2012.
This represents a 4.9 per cent decrease compared to the 1,658 sales recorded in December 2011,
a decrease of 13.3 per cent compared to the 1,819 sales in January 2011 and an 18 per cent
decline from the 1,923 home sales in January 2010.
  Vancouver Real Estate Market Update For December, 2011
The residential property sales in Greater Vancouver totalled 1,658 in December 2011, a decrease of 12.7 per cent from the 1,899 sales recorded in December 2010 and a 29.7 per cent decline compared to November 2011 when 2,360 home sales occurred.
  Vancouver Real Estate Market Update For November, 2011
The residential property sales of detached, attached
and apartment properties on the region’s Multiple Listing Service® (MLS®) reached 2,360 in November. This represents a 5.9 per cent decline compared to the 2,509 sales in November 2010 and a 1.9 per cent increase compared to the 2,317 sales recorded in October 2011.
  Vancouver Real Estate Market Update For October, 2011
The MLSLink® Housing Price Index (HPI) benchmark price for all residential properties in Greater Vancouver over the last 12 months has increased 7.5 per cent to $622,955 in October 2011 from $579,349 in October 2010. However, since reaching a peak in June of $630,921, the benchmark price for all residential properties in the region has declined
1.3 per cent.
  Vancouver Real Estate Market Update For September, 2011
New listings for detached, attached and apartment properties in Greater Vancouver totalled 5,680 in September, the third highest volume for September in 17 years. This represents a 20.1 per cent increase compared to September 2010 when 4,731 properties were listed for sale on the MLS® and a 21.2 per cent increase compared to the 4,685 new listings reported in August 2011.
  Vancouver Real Estate Market Update For August, 2011

The Real Estate Board of Greater Vancouver (REBGV) reports that residential property sales of detached, attached and apartment properties on the region’s
Multiple Listing Service® (MLS®) reached 2,378 in August. This total represents an eight per cent increase compared to the 2,202 sales in August 2010, but also ranks as the third lowest total for August in the last 10 years.

  Vancouver Real Estate Market Update For July, 2011
The Real Estate Board of Greater Vancouver (REBGV) reports that residential property sales of detached, attached and apartment properties on the region’s Multiple Listing Service® (MLS®) reached 2,571 in July, a 21.2 per cent decline compared to the 3,262 sales in June 2011.
  Vancouver Real Estate Market Update For June, 2011
Since the end of May, the benchmark price of a detached home rose more than $147,000 on the westside of Vancouver and over $80,000 in West Vancouver. Detached home prices in Richmond, however, levelled off slightly, declining $25,000 in June.
  Vancouver Real Estate Market Update For May, 2011
The MLSLink® Housing Price Index (HPI) benchmark price for all residential properties in Greater Vancouver over the last 12 months increased 6.2 per cent to $627,568 in May 2011 from $590,662 in May 2010.
  Vancouver Real Estate Market Update For April, 2011
The number of residential property sales in Greater Vancouver reached 3,225 in April 2011, a 21 per cent decline compared to the 4,080 sales in March 2011. The number of active listings is totalled 5,847 in April 2011, compared to March 2011, last month’s new listings total registered a 14 per cent decline.
  Vancouver Real Estate Market Update For March, 2011
The real estate market in Vancouver had another very active month. The residential property sales of detached, attached and apartment properties in Greater Vancouver reached 4,080 in March 2011. The all-time sales record for March occurred in 2004 when 4,371 transactions were recorded.
  Vancouver Real Estate Market Update For February, 2011

The demand for single house in Richmond and Vancouver continues to be very strong in Feburary. We can see the price of single house in Richmond reaches 25% increasing in 1-year change, which is the hottest spot among whole Greater Vancouver areas. The Chinese buyers are still the major players in the Vancouver real estate market.

  Vancouver Real Estate Market Update For January, 2011
There's very strong buying demand in areas like Richmond, Burnaby Vancouver West & East nowadays. The benchmark price for detached properties in Greater Vancouver increased 2.7 per cent from January 2010.
  Vancouver Real Estate Market Update For December, 2010
The real estate housing price of Greater Vancouver went up 2.7% in 2011. In addition to that, the housing price of Richmond performed outstainding, it had 18% increased in 2011. Both Vancouver West and Burnaby had approx. 8% as well.
  Vancouver Real Estate Market Update For November, 2010
Compared to last month October, 2010, the number of properties sales increased 7.4%, but the number of activie listings declined 12.1% from the same month. The demand for housing reamins stable while there are fewer and fewer listings each month. This shows the housing price has lots potential to go up again next year.
  Vancouver Real Estate Market Update For October, 2010
The housing price in Vancouver has remained very stable in last four months; there is only about 0.2% declined in total. However, the number of properties sales has increased 5.3% compared to last month.
  Vancouver Real Estate Market Update For September, 2010

The real estate market of September is simliar as the previous two months. Less listings are coming out and there is still demand for the housing. The price is slightly increased by 0.1% compared to the price in August.

  Vancouver Real Estate Market Update For August, 2010
This summer is slow - less listings and less sales. However, we do still have a few listings which were sold within 5 days. As long as the marketing is doing right, your home still can be sold!
 
- Eddie Yan
  Vancouver Real Estate Market Update For July, 2010
We've seen less activities in July than the previous two months. However, there are still some buyers want to buy before the september coming. The homeowners who plan to sell their residences this year, now it's probabaly the best time to do it before the last wave is gone.
 
- Eddie Yan
  Vancouver Real Estate Market Update For June, 2010
You've probably read the negativity in the papers / TV about the market. We are actually experiencing and seeing it ahead of the news. However, if the your home is marketed correctly, it will still sell.
 
- Eddie Yan
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Reciprocity Logo The data relating to real estate on this website comes in part from the MLS® Reciprocity program of either the Greater Vancouver REALTORS® (GVR), the Fraser Valley Real Estate Board (FVREB) or the Chilliwack and District Real Estate Board (CADREB). Real estate listings held by participating real estate firms are marked with the MLS® logo and detailed information about the listing includes the name of the listing agent. This representation is based in whole or part on data generated by either the GVR, the FVREB or the CADREB which assumes no responsibility for its accuracy. The materials contained on this page may not be reproduced without the express written consent of either the GVR, the FVREB or the CADREB.