JULY 2017 SMART Real Estate Outlook

JULY 2017 SMART Real Estate Outlook

Metro Vancouver sees fewer home sales and more listings in July Home buyer activity returned to more typical summer levels in Metro Vancouver* last month. The Real Estate Board of Greater Vancouver (REBGV) reports that residential property sales in the region totalled 2,960 in July 2017, an 8.2 per cent decrease from the 3,226 sales…

June SMART Real Estate Outlook

June SMART Real Estate Outlook

DEMAND FOR CONDOMINIUMS CONTINUES TO OUTSTRIP SUPPLY The imbalance between supply and demand in the condominium market is creating home buyer competition across Metro Vancouver*. The Real Estate Board of Greater Vancouver (REBGV) reports that residential property sales in the region totalled 3,893 in June 2017, an 11.5 percent decrease from the 4,400 sales recorded…

May SMART Real Estate Outlook

May SMART Real Estate Outlook

Home buyer activity returned to near record levels across the Metro Vancouver* housing market in May. Residential property sales in the region totalled 4,364 in May 2017, a decrease of 8.5 percent from the 4,769 sales in May 2016, an all-time record, and an increase of 22.8 percent compared to April 2017 when 3,553 homes sold. Last…