Home sales decline below long-term averages in 2019 despite increased demand to end the year The Metro Vancouver housing market experienced below average sales activity and moderate price declines in 2019. The Real Estate Board of Greater Vancouver (REBGV) reports that sales of detached, attached and apartment homes reached 25,351 in 2019, a three per…
DetailsIn West Vancouver, there were 52 sales in the month of November. The sales to new listings ratio was 55% which represents a seller’s market. For November 2019, the sales to total active listings percentage was 12%, which is an increase from the 5% from November 2018. Sales for November 2019 were up by 27 units compared…
DetailsAfter a quieter first half of 2019, home buyer activity has returned to more historically typical levels in Metro Vancouver*. The Real Estate Board of Greater Vancouver (REBGV) reports that residential home sales in the region totalled 2,498 in November 2019, a 55.3 per cent increase from the 1,608 sales recorded in November 2018, and…
DetailsIn West Vancouver, there were 46 sales in the month of October. The sales to new listings ratio was 41% which represents a balanced market. For October 2019, the sales to total active listings percentage was 9%, which is an increase from the 7% from October 2018. Sales for October 2019 were up by 10 units compared…
Details