May 2022 - Vancouver Real Estate Market Update: Are We Levelling Off?
Posted on May 11, 2022 in Market Update
Hi, it's Cari Mai and this is your Vancouver real estate market update for May 2022.
Last month we saw sales volumes level off towards more typical levels for April! We're cooling down from the record breaking sales pace from last year in 2021. Sales volumes are currently just 1.5% above the 10 year April sales average. This cooling down will allow...
April 2022- Vancouver Real Estate Market Update
Posted on Apr 14, 2022 in Market Update
Hi, it's Cari Mai and this is your Vancouver real estate market update for April 2022.
As predicted from last month, we're starting to see the Greater Vancouver real estate market turn. This is normal - the real estate market is cyclical! What goes up, must come down...or slow down!
Over the past month, we saw the 5 year fixed mortgage rates pop up o...
March 2022 - Vancouver Real Estate Market Update
Posted on Mar 16, 2022 in Market Update
Hi, it's Cari Mai and this is your Vancouver real estate market update for March 2022.
The number of monthly MLS home sales in Greater Vancouver finally surpassed the 5,000 mark for the first time last month since November 2021. Month over month, we're seeing the number of homes selling increase across all home types. Market momentum in late -Januar...
February 2022 - Vancouver Real Estate Market Update
Posted on Feb 16, 2022 in Market Update
The Greater Vancouver housing market started with 32% fewer homes for sale compared with last year and almost half of the homes listed are selling for over asking price!
Sales Volume: Decreased 4% from January 2021, down 15% from December 2021. We're up 25% above the 10-year January sales average.
New Listings: down 7% from January 2021, up 114% from...
January 2022 - Vancouver Real Estate Market Update
Posted on Jan 12, 2022 in Market Update
The Greater Vancouver housing market did not slow down in December 2021 despite having far fewer new listings come to market during the holidays!
New Listings: down 19% from December 2020, down 51% from November 2021.
Benchmark price across all home types: $1,230,200. Up 17% from December 2020.
Watch to find out more about which areas in Greater Vanco...
