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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.
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)
Taxes
What you need to know about BC's Speculation and Vacancy Tax
Monday, August 21, 2023
Detailed information about BC's SVT and property exemptions. (4 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.
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)
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)
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)
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)
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)
Market Trends
Greater Vancouver Assessments up overall
Friday, January 6, 2023
Property assessment notices are sent in the first week of the year, and have increased for some property types. (3 minute read)
Market Insights Video
November 2022 Market Insights
Tuesday, December 6, 2022
While typically a quiet month of market activity, November home sale and listing totals lagged below long-term averages.
Market Insights Video
October 2022 Market Insights
Monday, November 7, 2022
Home sale activity continued to trend well below historical averages in October. (2:21 video)
Market Insights Video
September 2022 Market Insights
Tuesday, October 11, 2022
Metro Vancouver saw more home sellers and fewer buyers in September. (Video 2:20 minutes)
Market Trends
Lower Mainland’s commercial real estate sees fewer transactions in Q2
Thursday, September 15, 2022
Activity in the commercial real estate market edged down from the brisker pace experienced at the start of the year. (2 minute read)
Market Insights Video
August 2022 Market Insights
Thursday, September 8, 2022
Metro Vancouver’s housing market is experiencing a quieter summer season marked by reduced sale and listing activity. (2:16 minute video)
Market Insights Video
July 2022 Market Insights
Monday, August 8, 2022
REBGV Chair Daniel John discusses how home buyer demand continues to ease across Metro Vancouver.
Market Trends
CMHC estimates 3.5 million new affordable homes needed
Tuesday, July 19, 2022
A CMHC report estimates BC needs 3.5 million new homes by 2030 to make homes affordable, 1.2 million short of current projections. (2 minute read)
Market Insights Video
June 2022 Market Insights
Tuesday, July 5, 2022
REBGV Chair Daniel John discusses how the marketplace is changing with increasing interest rates and housing supply.
Market Trends
Lower Mainland’s commercial real estate market begins 2022 with steady sales and higher prices
Thursday, June 23, 2022
A steady start to the 2022 commercial real estate market. (2 minute read)
Market Insights Video
May 2022 Market Insights
Wednesday, June 8, 2022
After reaching record-setting levels in 2021, home sale activity has returned to more typical seasonal levels in Metro Vancouver this spring.
Market Trends
CMHC report finds lack of supply main cause of unaffordable housing
Friday, May 13, 2022
A recent CMHC report determined housing supply is the main factor behind unaffordability in Canada. (1 minute read)
Market Insights Video
April 2022 Market Insights
Friday, May 6, 2022
Home buyer demand in Metro Vancouver returned to more historically typical levels in April.
Market Insights Video
March 2022 Market Insights
Tuesday, April 12, 2022
While down from last year, home sale activity in Metro Vancouver remained elevated in March. (2:47 video)
Market Insights Video
February 2022 Market Insights
Wednesday, March 9, 2022
Listings inch up, demand remains steady and price gains continue in Metro Vancouver’s housing market in February. (2:25 video)
Market Trends
What does first quarter activity say about Metro Vancouver’s housing market in 2022?
Thursday, March 3, 2022
REBGV Economist Keith Stewart projects what home sale, listing, and price activity you can expect in 2022. (1 minute read)
Taxes
No SVT exemption for owners of vacant stratas
Friday, February 18, 2022
Owners of strata property in buildings with rental restrictions are no longer exempt from the BC Speculation and Vacancy Tax. (1 minute read)
Economics
Metro Vancouver’s employment trends recovering, outperforming Canada’s other large metros
Friday, February 18, 2022
REBGV Economist Keith Stewart's January 2022 Jobs Report is now available. (1 minute read)
Market Insights Video
January 2022 Market Insights
Tuesday, February 8, 2022
Low supply keeps upward pressure on home prices across Metro Vancouver.