Monthly Market Report July 2021
Posted on Aug 16, 2021 in Market Trends
Steady sales, reduced listings and virtually unchanged home prices in July
Metro Vancouver’s* housing market saw more moderate sales, listings and pricing trends in July compared to the heightened activity experienced throughout much of the pandemic.
The Real Estate Board of Greater Vancouver (REBGV) reports that residential home sales in the region...
REALTORS Care® Shelter Drive raises $15,000 for housing charities during pandemic
Posted on Aug 03, 2021 in Blogs
The REALTORS Care® Shelter Drive raised $15,000 for three housing charities in Metro Vancouver over a challenging year during the COVID-19 pandemic.
The Shelter Drive is an initiative developed by Real Estate Board of Greater Vancouver (REBGV) REALTORS® that raises funds each year for housing-related charities within Metro Vancouver.
Charities receiv...
How will the new mortgage stress test rules impact Metro Vancouver real estate?
Posted on Jul 14, 2021 in Blogs
The Office of the Superintendent of Financial Institutions (OSFI) and the Minister of Finance, Canada’s banking regulators, tightened the rules around the mortgage stress test on June 1.
Under the new requirements, all mortgage applicants must be able to afford their mortgage at an interest rate of 5.25 per cent or two per cent over the contract rat...
Monthly Market Report June 2021
Posted on Jul 09, 2021 in Market Trends
While still elevated, home sale and listing activity in Metro Vancouver* has eased back from the record-setting pace seen in March and April of this year.
The Real Estate Board of Greater Vancouver (REBGV) reports that residential home sales in the region totalled 3,762 in June 2021, a 54 per cent increase from the 2,443 sales recorded in June 2020...
Monthly Market Report May 2021
Posted on Jun 24, 2021 in Market Trends
The Metro Vancouver* housing market saw steady home sale and listing activity in May, a shift back from the record-breaking activity seen in the earlier spring months.
The Real Estate Board of Greater Vancouver (REBGV) reports that residential home sales in the region totalled 4,268 in May 2021, a 187.4 per cent increase from the 1,485 sales recorde...
