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Housing supply up, home sales and prices down in June
Wednesday, July 3, 2019
Metro Vancouver’s housing market saw historically low demand in June, allowing listings to accumulate and prices to decline.
Fewer commercial real estate sales to start 2019
Tuesday, June 18, 2019
Commercial real estate sales in the Lower Mainland declined in the first quarter (Q1) of 2019 compared to the active market experienced across the region last year.
May sees modest increase in home sales while housing supply reaches five-year high
Tuesday, June 4, 2019
Monthly Metro Vancouver home sales eclipsed 2,000 for the first time this year in May, although home buyer demand remains below historical averages. REBGV reports that residential home sales in the region totalled 2,638 in May 2019, a 6.9 per cent decrease from the 2,833 sales recorded in May 2018, and a 44.2 per cent increase from the 1,829 homes sold in April 2019.
Real Estate Board of Greater Vancouver issues statement on government reports on money laundering
Thursday, May 9, 2019
The BC government released reports today on the findings of two examinations into potential money laundering activities in the real estate market. Real Estate of Board of Greater Vancouver President Ashley Smith issued the following statement on the findings of these investigations.
Reduced demand and increased supply remain the trend across Metro Vancouver’s housing market
Thursday, May 2, 2019
REBGV reports that residential home sales in the region totalled 1,829 in April 2019, a 29.1 per cent decrease from the 2,579 sales recorded in April 2018, and a 5.9 per cent increase from the 1,727 homes sold in March 2019.
REBGV statement on anti-money laundering recommendations
Monday, April 15, 2019
The Real Estate Board of Greater Vancouver and the BC Real Estate Association partnered with the Appraisal Institute of Canada – BC Association, BC Notaries Association, and the Canadian Mortgage Brokers Association – British Columbia to submit joint recommendations to the provincial and federal governments on April 15, 2019 on how to strengthen anti-money laundering measures in our province.