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Market Insights Video
March 2024 Market Insights
Friday, April 5, 2024
The number of listings rose nearly 23 per cent year-over-year, providing more opportunity for buyers. (2:08 minute video)
Economics
Find reports, housing data, and more on GVR’s new Economics Web App
Thursday, March 28, 2024
Using this app, you can find everything the GVR Economics team produces all in one place. (1 minute read)
Market Insights Video
February 2024 Market Insights
Monday, March 11, 2024
New listings rose 31 per cent year-over-year in February, bringing a significant number of properties to the market. (2:14 minute video)
Market Insights Video
January 2024 Market Insights
Thursday, February 8, 2024
Conditions in January began shifting back in favour of sellers as the pace of newly listed properties didn't keep up with home sales. (2:33 minute video)
Taxes
What you need to know about BC's Speculation and Vacancy Tax
Friday, January 26, 2024
Detailed information about BC's SVT and property exemptions. (4 minute read)
Economics
What will Greater Vancouver's commercial property market look like in 2024?
Thursday, January 25, 2024
Our latest commercial forecast shows an optimistic look at 2024. (2 minute read)
Economics
What will home sales look like in the first half of 2024?
Thursday, January 11, 2024
Our latest forecast looks at last year to help to predict what the housing market will look like in the first half of 2024. (2 minute read)
Market Insights Video
December 2023 Market Insights
Tuesday, January 9, 2024
Housing market ends 2023 with a balanced market, but totals mask surprising resilience despite highest borrowing costs in over a decade. (2:27 minute video)
Urban Planning
Building homes faster and cheaper with ready-made designs
Wednesday, December 13, 2023
The BC government plans to create up to 10 standardized home designs inspired by the Vancouver Special. (2 minute read)
Market Insights Video
November 2023 Market Insights
Monday, December 11, 2023
A steady increase in housing inventory offers home buyers among the largest selection to choose from since 2021. (2:19 minute video)
Home Buying
How rising mortgage rates affect insured mortgages
Thursday, November 23, 2023
Since June 22, 2022 chartered banks have repeatedly raised their posted mortgage rates in response to higher bond yields. (1 minute read)
Home Buying
CMHC tightens lending standards, making homes less affordable
Monday, November 20, 2023
Since July 1, 2020, it has become increasingly more difficult for first-time home buyers to buy a home. (2 minute read)
Home Buying
A closer look at bank rates
Monday, November 20, 2023
Home buyers with less than a 20 per cent down payment applying for a high-ratio mortgage with a regulated financial institution are typically offered a contract mortgage interest rate.
Home Buying
How mortgage stress test changes affects home buyers
Friday, November 17, 2023
Check how the stress test may affect you, with examples of buying an apartment, an attached home, and a detached home. (3 minute read)
Market Insights Video
October 2023 Market Insights
Tuesday, November 7, 2023
Increase in newly listed properties providing more choice to home buyers, but sales remain below long-term averages.
Home Buying
Private insurers offer options
Thursday, November 2, 2023
Private insurers have not been required to follow CMHC's lead and tighten lending standards. (2 minute read)
Economics
The Lede: Does the perfect price metric exist?
Thursday, October 26, 2023
How do we actually know what property values are doing at any given point in time? (5 minute read)
Market Insights Video
September 2023 Market Insights
Tuesday, October 10, 2023
Due to an increase in the number of homes listed and higher mortgage rates, prices gains have slowed.
Economics
2023 Market Forecast Review: Looking Back, Looking Ahead | REBGV event
Wednesday, September 27, 2023
REBGV Director, economics and data analytics presented his updated market outlook to REALTORS® at an online event in September. (1:23:52 video)
Urban Planning
Vancouver allows up to eight units on single family lots
Monday, September 25, 2023
The change aims to address the housing crisis and simplify zoning regulations. (2 minute read)
Market Trends
Increased costs contribute to reduced sales, dollar values across commercial market
Monday, September 18, 2023
Slower activity marked the second quarter of the commercial real estate market in the Lower Mainland. (1 minute read)
Economics
Will home sales stay resilient in the face of high interest rates?
Thursday, September 7, 2023
Our forecast checks market trends and economic factors to predict what the housing market will look like in the rest of 2023. (2 minute read)
Taxes
Will I have to pay capital gains when I sell my house?
Thursday, September 7, 2023
Read about the conditions required for paying capital gains, and what you need to do even if you don't have to pay. (2 minute read)
Market Insights Video
August 2023 Market Insights
Wednesday, September 6, 2023
Higher borrowing costs begin to affect the housing market, with price gains cooling and sales slowing along the typical seasonal pattern. (2:25 minute video)
Taxes
Why do I have to pay property taxes on the house I’m buying?
Friday, September 1, 2023
Property taxes in BC are due the first business day after July 1. If you buy a home at another time, you may have to pay a share of the year to avoid a penalty.
Home Buying
Choosing the right home starts with choosing the right REALTOR®
Wednesday, August 30, 2023
Buying or selling a home is a significant financial decision. That’s why it’s important to take your time to choose the right Realtor for you. (2 minute read)
Taxes
Empty Homes Tax put to good use – Vancouver creates affordable housing
Thursday, August 24, 2023
Affordable housing projects in Vancouver received grants worth over $8.7 million, partially from Vancouver’s EHT. (1 minute read)
Market Insights Video
July 2023 Market Insights
Tuesday, August 8, 2023
Home prices for all home types rose again as strong sales push up against low housing inventory. (2:22 minute video)
Market Insights Video
June 2023 Market Insights
Wednesday, July 12, 2023
The benchmark price for all home types increases again this month as buyers vie for a limited number of homes for sale.
Home Buying
Lower Mainland REALTORS® to enhance transparency for buyers involved in a multiple offer situation
Thursday, July 6, 2023
Home buyers in a multiple offer situation will soon receive additional information about other competing offers.
Economics
The Lede: The Million Dollar Wall
Thursday, July 6, 2023
The property ladder is broken. In the latest Lede, Andrew Lis gives his take, and how it can be fixed. (9:33 video, 10 minute read)
Taxes
Putting Property Transfer Tax revenue to work
Tuesday, June 27, 2023
Our recommendations to the provincial government on how the PTT can be used to help build more affordable homes. (2 minute read)
Urban Planning
What well-designed density looks like: Southlands in Tsawwassen
Monday, June 19, 2023
This area demonstrates a new model of well-designed density through innovative practices. (2 minute read)
Taxes
BC speculation and vacancy tax expanded to Lions Bay, Squamish
Monday, June 12, 2023
Home owners in these newly taxable areas will need to declare in 2024. (2 minute read)
Urban Planning
BC government identifies 47 municipalities that must densify
Friday, June 9, 2023
The identified municipalities must address local barriers to construction and update zoning bylaws. (2 minute read)
Market Insights Video
May 2023 Market Insights
Thursday, June 8, 2023
The housing market is showing signs of heating up as summer arrives, with prices increasing for the sixth consecutive month.
Taxes
Property taxes 101
Monday, June 5, 2023
Save money on your prooperty taxes with the Home Owner Grant. The threshold has recently increased. (3 minute read)
Economics
The Lede: What’s (not) happening with new listings in Metro Vancouver?
Tuesday, May 16, 2023
Listings are low so far this year, but why? REBGV's Director Economics and Data Analytics Andrew Lis has a theory. (6:38 video, 8 minute read)
Urban Planning
Disaster funding for flooding makes local communities safer
Thursday, May 11, 2023
Learn more about initiatives to mitigate flood damage and assess flood risks around Greater Vancouver. (3 minute read)
Market Insights Video
April 2023 Market Insights
Thursday, May 4, 2023
With listing activity remaining below historical norms, home sales in Metro Vancouver have mounted a surprising comeback. (1 minute read, 2:14 minute video)
Market Insights Video
March 2023 Market Insights
Wednesday, April 12, 2023
Home prices showed modest increases in March, while new listings remained below long-term historical averages. (1 minute read, 2:24 video)
Economics
The Lede: Rate hikes part II - the damage done
Tuesday, April 11, 2023
What can we learn about the current market by looking at previous tightening cycles? (5:16 video, 12 minute read)
Home Buying
What is an Offer to Purchase?
Wednesday, March 29, 2023
When you decide to buy a property, your Realtor will prepare what is known as an Offer to Purchase.
Market Insights Video
February 2023 Market Insights
Wednesday, March 8, 2023
Below average home sales allow inventory to inch upwards. (2:13 video)
Economics
The Lede blog: Rate hikes part I - where to from here?
Friday, February 17, 2023
What is the Bank of Canada considering when it comes to interest rates - and how will this help us understand what's going to happen to rates in the future? (5 minute read)
Market Insights Video
January 2023 Market Insights
Friday, February 10, 2023
Home sales decline below long-term averages and inventory remains low. (2:09 video)
Economics
The Lede blog: StatsCan population growth projections
Monday, February 6, 2023
REBGV's Director of Statistics and Data Analytics looks at what the latest StatsCan projections could mean for our housing market. (7 minute read)
Home Buying
Use Realtylink.org to help find your next home
Wednesday, February 1, 2023
Search listings from the MLS® systems operated by the Greater Vancouver, Fraser Valley, Chilliwack, BC Northern, and Vancouver Island real estate boards.
Economics
Will Metro Vancouver housing prices increase in 2023?
Tuesday, January 31, 2023
REBGV’s Economics team released their latest housing forecast for 2023. Will home prices increase? Read the full report to find out. (8 minute read)
Economics
The Lede blog: Mega trends and micro trends
Monday, January 30, 2023
What makes a trend? Andrew Lis, Director of Economics and Data Analytics explains in the first of his new blog series. (8 minute read)
Economics
Dysfunction by Design: 2023 Market Outlook | REBGV event
Thursday, January 26, 2023
REBGV Director, economics and data analytics presented his market outlook to REALTORS® at an exclusive online event in January. (1:48:22 video)
Economics
The Lede video blog: StatsCan population growth projections
Wednesday, January 25, 2023
Births, deaths, migration – what do these have to do with the housing market? Andrew Lis explains in the latest episode of The Lede. (2:54 minute video)
Economics
The Lede video blog: Mega trends and micro trends
Tuesday, January 17, 2023
Andrew Lis, REBGV's economist and data analyst, looks at what makes a statistical trend in this video blog. (4:41 minute video)
Market Insights Video
December 2022 Market Insights
Monday, January 9, 2023
Rising mortgage rates brought uncertainty and caution in 2022 to Metro Vancouver housing markets. (2:28 minute video)