Market News

Commercial real estate sales reach a five-year high in the Lower Mainland

Demand for land helped commercial real estate sales and dollar volume reach five-year highs in the Lower Mainland in 2016, according to data from Commercial Edge, a commercial real estate system operated by the Real Estate Board of Greater Vancouver (REBGV).

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Low supply continues to limit Metro Vancouver home buyers

Reluctance amongst Metro Vancouver* home sellers is impacting sale and price activity throughout the region’s housing market.

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Metro Vancouver housing market off to a quieter start than last year

Home sales and listings trends are below long-term averages in the Metro Vancouver* housing market. This is due largely to reduced activity in the detached home market.

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A heated year for Metro Vancouver real estate draws to a close

The Metro Vancouver* housing market had its third highest selling year on record in 2016, behind only 2015 and 2005.

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REALTORS Care® Blanket Drive helps 30,000 people stay warm

More than 30,000 Lower Mainland residents will receive blankets and warm clothing this winter thanks to donations collected during the 22nd annual REALTORS Care® Blanket Drive.

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Source: http://www.rebgv.org/news-statistics