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Statistics
June 2025 Market Insights
Tuesday, July 08, 2025
After a turbulent first six months, home sales are showing signs of a recovery. (2:36 minute video)
Statistics
Office transactions jump, leading the market up to start 2025
Friday, July 04, 2025
Office sales surged in Metro Vancouver's commercial real estate market during the first quarter (Q1) of 2025. (1 minute read)
Statistics
Home sale trend stabilizing in June
Thursday, July 03, 2025
After a turbulent first six months, home sales are showing signs of a recovery. (3 minute read)
Statistics
May 2025 Market Insights
Friday, June 06, 2025
Inventory levels across Metro Vancouver reach another ten-year high, while home sales remained muted. (2:46 minute video)
Statistics
Buyers remain hesitant as inventory builds
Tuesday, June 03, 2025
Inventory levels ar reach another ten-year high, while home sales remained muted. (2 minute read)
Market Trends
The Lede: Turning the Corner?
Friday, May 30, 2025
After reviewing home sales affected by several Bank of Canada rate cuts, GVR economist, Andrew Lis, indicates things might be changing. (2 minute read)
Statistics
April 2025 Market Insights
Friday, May 09, 2025
The slowdown in home sales in Metro Vancouver that began early this year continued in April. (2:51 minute video).
Statistics
Spring market brings abundance of opportunity for buyers
Friday, May 02, 2025
The slowdown in home sales in Metro Vancouver that began early this year continued in April, with sales down nearly 24 per cent from this time a year ago. (2 minute read)
Economics
GVR's 2025 commercial real estate market forecast is now available
Friday, April 11, 2025
See what Metro Vancouver's commercial market may look like in 2025. (2 minute read)
Statistics
March 2025 Market Insights
Thursday, April 10, 2025
March home sales were the lowest going back to this time in 2019, while active listings continued its upward trend. (2:50 minute video)
Statistics
2024 finishes with the fewest commercial transactions in over a decade
Thursday, April 03, 2025
In aggregate, commercial transaction volumes in the Lower Mainland finished 2024 at the lowest level recorded in over a decade. (2 minute read)
Statistics
A market made for buyers is missing buyers
Wednesday, April 02, 2025
March home sales were the lowest going back to this time in 2019, while active listings continued its upward trend. (2 minute read)
Monthly Market Report
Correction regarding HPI calculation for January and February
Thursday, March 20, 2025
We have now corrected the February release and updated our statistics on Stats Centre for both months. (1 minute read)
Statistics
February 2025 Market Insights
Friday, March 07, 2025
New listings rose moderately on the MLS® in Metro Vancouver during February and sales decreased. (2:36 minute video)
Statistics
February brings balance to Metro Vancouver’s housing market
Tuesday, March 04, 2025
New listings rose moderately on the MLS® in Metro Vancouver during February and sales decreased. (2 minute read)
Statistics
January 2025 Market Insights
Monday, February 10, 2025
Newly listed homes rose 46 per cent year-over-year in January, as sellers appear eager to enter the market. (2:54 minute video)
Statistics
Home sellers off to an active start in 2025
Tuesday, February 04, 2025
Homes newly listed on the MLS® rose 46 per cent year-over-year in January, as sellers appear eager to enter the market. (2 minute read)
Economics
GVR's 2025 H1 residential market forecast: Strong year ahead for real estate
Friday, January 17, 2025
With a strong end to 2024, we're forecasting 2025 as a strong year for the real estate market. (2 minute read)
Assessment
Property assessments see minimal increases for 2025
Monday, January 13, 2025
There are no surprises this year as assessment changes remained small in Greater Vancouver. (5 minute read)
Statistics
Year-end 2024 Market Insights
Thursday, January 09, 2025
Metro Vancouver home sales registered a strong finish to cap off 2024, signalling strengthening demand-side momentum as we move into the new year. (2:44 minute video)
Statistics
Deal volume drops in aftermath of capital gains policy deadline
Monday, January 06, 2025
Increasing the capital gains inclusion rate this year significantly reduced commercial transactions in the Lower Mainland. (2 minute read)
Statistics
Home sales register a strong finish to cap off 2024
Friday, January 03, 2025
In December, home sales rose more than 30 per cent compared to the same time in 2023. (3 minute read)
Statistics
November 2024 Market Insights
Friday, December 06, 2024
Home sales rose 28 percent year-over-year in November, building on the momentum of the 30 percent year-over-year increase in October. (2:25 minute video)
Statistics
Home buyer demand continues to strengthen in November
Tuesday, December 03, 2024
Home sales rose 28 percent year-over-year in November, building on the momentum of the 30 percent year-over-year increase in October.
Statistics
October 2024 Market Insights
Tuesday, November 05, 2024
In a change of pace, Metro Vancouver home sales surged more than 30 per cent year-over-year in October. (2:37 minute video)
Statistics
Buyer demand surges in October
Monday, November 04, 2024
In a change of pace, Metro Vancouver home sales surged more than 30 per cent year-over-year in October. (3 minute read)
Economics Microsite
Trick, or Treat?
Wednesday, October 09, 2024
It’s still early days, but after slow September sales across GVR market regions, October seems to be off to a strong start. (2 minute read)
Statistics
September 2024 Market Insights
Monday, October 07, 2024
Home sales declined in September suggest recent reductions in borrowing costs have had limited effect in spurring demand to date. (2:39 minute video)
Statistics
Transaction levels spike ahead of new capital gains policy deadline
Friday, October 04, 2024
Commercial transactions were up year-over-year in the second quarter of 2024. (2 minute read)
Economics Microsite
The Lede - Election impact
Thursday, October 03, 2024
Do elections actually have an impact on home sales? Andrew takes a look at the numbers. (5 minute read)
Statistics
Buyers remain cautious to begin the fall market
Wednesday, October 02, 2024
Home sales declined in September suggesting recent reductions in borrowing costs have limited effect in spurring demand so far.
Statistics
August 2024 Market Insights
Tuesday, September 10, 2024
Home sales remained below their ten-year seasonal averages in August as summer holidays come to a close. (2:41 minute video)
Statistics
Sellers await buyers’ return after quieter summer market
Wednesday, September 04, 2024
Home sales remained below their ten-year seasonal averages in August as summer holidays come to a close. (3 minute read)
Economics
GVR's 2024 H2 forecast: Mid-year update and review
Thursday, August 29, 2024
The market has shifted in some expected and unexpected ways since we published our first-half (H1) forecast in January. (1 minute read)
Statistics
July 2024 Market Insights
Thursday, August 08, 2024
Newly listed properties on the MLS® rose nearly twenty per cent year over year in July, sustaining a healthy level of inventory. (2:31 video)
Statistics
More selection not translating to more transactions
Friday, August 02, 2024
Newly listed properties on the MLS® rose nearly twenty per cent year over year in July, sustaining a healthy level of inventory. (3 minute read)
Statistics
June 2024 Market Insights
Tuesday, July 09, 2024
Metro Vancouver home sales registered on the MLS® remained below seasonal and historical averages in June. (2:30 minute video)
Statistics
Market shifting in buyers’ favour, though hesitation remains
Wednesday, July 03, 2024
With reduced buyer competition, inventory has accumulated to levels not seen since the spring of 2019. (3 minute read)
Statistics
Early signs of strength returning to commercial market
Tuesday, July 02, 2024
Transactions showed renewed signs of strength in the first quarter of 2024, with total transaction volumes over ten per cent year-over-year. (3 minute read)
Statistics
May 2024 Market Insights
Monday, June 10, 2024
Home sales were down in May while inventory continues to increase in the region. (2:35 minute video)
Statistics
Home sales down in May while inventory continues to increase
Tuesday, June 04, 2024
Transactions in May decreased compared to what is typical for this time of year, inventory has risen to more than 13,000 homes. (3 minute read)
Statistics
Inventory reaches highest level since the pandemic summer of 2020
Thursday, May 02, 2024
Although the housing inventory has climbed steadily since the increase in interest rates, demand hasn't weakened. (3 minute read)
Economics Microsite
Are rate cuts coming to help ease the affordability crunch?
Tuesday, April 16, 2024
Are rate cuts finally coming to help ease the affordability crunch? (3 minuite read)
Statistics
March 2024 Market Insights
Friday, April 05, 2024
The number of listings rose nearly 23 per cent year-over-year, providing more opportunity for buyers. (2:08 minute video)
Statistics
Increased seller activity is giving buyers more choice this spring
Wednesday, April 03, 2024
The number of listings rose nearly 23 per cent year-over-year, providing more opportunity for buyers. (3 minute read)
Statistics
Lower Mainland’s 2023 commercial real estate market activity slowest in four years
Monday, March 25, 2024
Review GVR's 2023 year-end Commercial Edge market report. (2 minute read)
Statistics
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)
Statistics
Home sellers active, bring much-needed inventory to housing market
Monday, March 04, 2024
New listings rose 31 per cent year-over-year in February, bringing a significant number of properties to the market. (3 minute read)
Statistics
January 2024 Market Insights
Thursday, February 08, 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)
Economics
Watch and share REBGV’s 2024 market forecasts
Wednesday, February 07, 2024
Watch and share our 2024 residential and commercial market forecasts with REBGV Director of Economics and Data Analytics, Andrew Lis. (2 videos)
Statistics
Home sales across Metro Vancouver’s housing market off to strong start in 2024
Friday, February 02, 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.
Statistics
Commercial real estate market across the Lower Mainland begins to find its footing in Q3 2023
Friday, January 26, 2024
Year-over-year figures mask an emerging pattern of stability coming back into the Lower Mainland's commercial real estate market. (2 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 2024?
Tuesday, January 23, 2024
Our latest forecast looks at last year to help to predict what the housing market will look like in 2024. (2 minute read)
Statistics
December 2023 Market Insights
Tuesday, January 09, 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)
Statistics
Housing market resilient in 2023, ends year in balanced territory
Wednesday, January 03, 2024
Housing market ends 2023 with a balanced market, but totals mask surprising resilience in the face of the highest borrowing costs in over a decade.
Statistics
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)
Statistics
Balanced conditions come to the housing market for the holiday season
Monday, December 04, 2023
A steady increase in housing inventory is offering home buyers among the largest selection to choose from since 2021.
Property Ownership
If parents own a home, children more likely to as well
Thursday, November 30, 2023
A recent Statistics Canada study shows young Canadians whose parents own a home are twice as likely to own a home themselves. (3 minute read)
Statistics
October 2023 Market Insights
Tuesday, November 07, 2023
Increase in newly listed properties providing more choice to home buyers, but sales remain below long-term averages. (2:20 minute video)
Statistics
Metro Vancouver housing market holds steady in October
Thursday, November 02, 2023
Increase in newly listed properties providing more choice to home buyers, but sales remain below long-term averages. (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; 8:49 minute video)
Statistics
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.
Statistics
As inventory increases, price gains relent to begin the fall season
Wednesday, October 04, 2023
Due to an increase in the number of homes listed and higher mortgage rates, prices gains have slowed. (2 minute read)
Statistics
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)
Statistics
Commercial Leading Indicator jumps in Q2-2023
Tuesday, September 12, 2023
BCREA's article describes the economic activity in commercial real estate during Q2.
Economics
Will home sales stay resilient in the face of high interest rates?
Thursday, September 07, 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)
Statistics
August 2023 Market Insights
Wednesday, September 06, 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)
Statistics
Seasonal slowdown brings price stability to Metro Vancouver
Tuesday, September 05, 2023
Higher borrowing costs have begun to affect the housing market, with price gains cooling and sales slowing along the typical seasonal pattern. (4 min read)
Statistics
July 2023 Market Insights
Tuesday, August 08, 2023
Home prices for all home types rose again as strong sales push up against low housing inventory. (2:22 minute video)
Statistics
Strong sales push Metro Vancouver home prices past July rate
Wednesday, August 02, 2023
Home prices across all home types rose again in July, as strong sales figures continue to push up against low levels of housing inventory. (4 minute read)
Statistics
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 06, 2023
The property ladder is broken. In the latest Lede, Andrew Lis gives his explanation as to why, and how it can be fixed. (9:33 video, 10 minute read)
Statistics
Home prices continue to rise in housing market to kick off summer
Wednesday, July 05, 2023
The benchmark price for all home types increases again this month as buyers vie for a limited number of homes for sale.
Statistics
Lower Mainland's commercial real estate market down in the first quarter of 2023
Thursday, June 29, 2023
Review the Q1 2023 commercial stats package. (2 minute read)
Statistics
Investors in BC residential real estate: Who are they?
Thursday, June 08, 2023
A new study looks at real estate investors across Canada. (5 minute read)
Statistics
May 2023 Market Insights
Thursday, June 08, 2023
The housing market is showing signs of heating up as summer arrives, with prices increasing for the sixth consecutive month.
Statistics
Competition heats up among buyers as summer arrives
Friday, June 02, 2023
With listing activity remaining below historical norms, home sales in Metro Vancouver have mounted a surprising comeback.
Economics
The Lede: Not for sale: What’s happening with new listings in Metro Vancouver?
Friday, May 12, 2023
We've seen historically low listings so far this year, but why? REBGV's Director Economics and Data Analytics Andrew Lis has a theory as to why. (6:38 video, 8 minute read)
Statistics
April 2023 Market Insights
Thursday, May 04, 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)
Statistics
Prices continue rising as home buyer confidence returns
Tuesday, May 02, 2023
With listing activity remaining below historical norms, home sales in Metro Vancouver have mounted a surprising comeback.
Statistics
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
Thursday, April 06, 2023
What can we learn about the current market by looking at previous tightening cycles? (5:16 video, 12 minute read)
Statistics
Spring brings price growth while new listings remain dormant
Tuesday, April 04, 2023
Home prices across showed modest increases in March, while new listings remained below long-term historical averages.
Statistics
Commercial real estate market holds steady in 2022 despite higher costs
Monday, April 03, 2023
How did the Lower Mainland's commercial real estate market perform in 2022? (3 minute read)
Statistics
February 2023 Market Insights
Wednesday, March 08, 2023
Below average home sales allow inventory to inch upwards. (2:13 video)
Statistics
Below average home sales allow inventory to inch upwards
Thursday, March 02, 2023
February listing data show slow sales resulting in below-average sales activity in the Metro Vanouver area.
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)
Statistics
January 2023 Market Insights
Friday, February 10, 2023
Home sales decline below long-term averages and inventory remains low. (2:09 video)
Economics
Watch a recording of REBGV Economics’ Dysfunction by Design: 2023 Market Outlook
Thursday, February 09, 2023
Check out our 2023 economic forecast event featuring REBGV's Director of Statistics and Data Analytics, Andrew Lis. (1:48:22 video)
Statistics
Home sales decline below long-term averages and inventory remains low
Thursday, February 02, 2023
Inventory remains low in while home sales dipped well below monthly historical averages in January. (3 minute read)
Economics
The Lede blog: StatsCan population growth projections
Thursday, January 19, 2023
Andrew Lis, 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
The Lede video blog: StatsCan population growth projections
Thursday, January 12, 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)
Statistics
December 2022 Market Insights
Monday, January 09, 2023
Rising mortgage rates brought uncertainty and caution in 2022 to Metro Vancouver housing markets.
Statistics
Rising mortgage rates brought uncertainty and caution in 2022
Wednesday, January 04, 2023
The housing market experienced a year of caution in 2022 due to rising borrowing costs. (4 minute read)
Economics
The Lede video blog: Mega trends and micro trends
Thursday, December 15, 2022
Andrew Lis looks at what makes a statistical trend in his latest video blog. (4:41 minute video)
Statistics
Lower Mainland’s commercial real estate market continued to slow in the third quarter of 2022
Wednesday, December 14, 2022
Review commercial market activity from the third quarter of 2022. (3 minute read)
Economics
The Lede blog: Mega trends and micro trends
Friday, December 09, 2022
What makes a trend? Believe it or not, this isn’t a simple question to answer. Andrew Lis, Director of Economics and Data Analytics explains in the first of his new blog series. (8 minute read)
Statistics
November 2022 Market Insights
Tuesday, December 06, 2022
While typically a quiet month of market activity, November home sale and listing totals lagged below long-term averages.
Statistics
Home sale and listing activity continue trending below long-term averages in November
Friday, December 02, 2022
While typically a quiet month of market activity, November home sale and listing totals lagged below long-term averages. (4 minute read)
Statistics
October 2022 Market Insights
Monday, November 07, 2022
Home sale activity continued to trend well below historical averages in October. (2:21 video)
Statistics
Inflation, interest rates create caution in Metro Vancouver’s housing market
Wednesday, November 02, 2022
Home sale activity across the Metro Vancouver housing market continued to trend well below historical averages in October. (4 minute read)
Statistics
September 2022 Market Insights
Tuesday, October 11, 2022
Watch our September 2022 Market Insights video. (2:21 video)
Statistics
Metro Vancouver saw more home sellers and fewer buyers in September
Tuesday, October 04, 2022
Home sellers were more active in the housing market, while home buyer demand remained below the region’s long-term averages.
Statistics
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.
Statistics
August 2022 Market Insights
Thursday, September 08, 2022
Metro Vancouver’s housing market is experiencing a quieter summer season marked by reduced sale and listing activity. (2:16 minute video)
Statistics
July 2022 Market Insights
Monday, August 08, 2022
REBGV Chair Daniel John discusses how home buyer demand continues to ease across Metro Vancouver.
Statistics
Home buyer demand continues to ease across Metro Vancouver
Wednesday, August 03, 2022
The housing market has entered a new cycle marked by quieter home buyer demand and a gradual rise in the supply of homes for sale.
Statistics
June 2022 Market Insights
Tuesday, July 12, 2022
REBGV Chair Daniel John discusses how the marketplace is changing with increasing interest rates and housing supply. (2:50 video)
Statistics
Home listings up, sales down and prices starting to decrease
Tuesday, July 05, 2022
With interest rates and housing supply increasing, Metro Vancouver home buyers are operating in a changing marketplace to begin the summer season.
Statistics
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)
Statistics
May 2022 Market Insights
Wednesday, June 08, 2022
Spring ushers in calmer housing market trends in Metro Vancouver. Watch Daniel John, Chair REBGV, explain what that means. (Video - 2:40)
Statistics
Spring ushers in calmer housing market trends in Metro Vancouver
Thursday, June 02, 2022
After reaching record-setting levels in 2021, home sale activity has returned to more typical seasonal levels in Metro Vancouver this spring due, in large part, to rising interest rates.
Statistics
April 2022 Market Insights
Friday, May 06, 2022
Home buyer demand in Metro Vancouver returned to more historically typical levels in April.
Statistics
Home buyer demand returning to more typical levels
Tuesday, May 03, 2022
Home buyer demand in Metro Vancouver* returned to more historically typical levels in April.
Statistics
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)
Statistics
Calmer than last spring’s record pace, home buyer demand remains elevated
Monday, April 04, 2022
While down from last year’s record numbers, home sale activity in Metro Vancouver’s housing market remained elevated in March. (3 minute read)
Statistics
Commercial real estate sales heightened in 2021
Thursday, March 31, 2022
Review 2021 year-end stats for the Lower Mainland's commercial real estate market. (2 minute read)
Statistics
February 2022 Market Insights
Wednesday, March 09, 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 tell us about Metro Vancouver’s housing market in 2022?
Thursday, March 03, 2022
Read our first quarter housing analysis and projection for the rest of 2022. (1 minute read)
Statistics
Listings inch up, demand remains steady and price gains continue
Wednesday, March 02, 2022
The Metro Vancouver housing market saw steady home sales activity, modest increases in home listings and continued upward trends in pricing in February. (4 minute read)
Statistics
January 2022 Market Insights
Thursday, February 10, 2022
Low supply keeps upward pressure on home prices across Metro Vancouver. (2 minute video)
Urban Planning
Fee-simple row houses offer gentle, more affordable density
Tuesday, February 08, 2022
There are many strata townhouses but very few fee-simple, individually owned row houses in Metro Vancouver. Why? And how can row homes help with affordability? (3 minute read)
Statistics
December 2021 Market Insights
Wednesday, January 12, 2022
Watch REBGV Economist Keith Stewart provide a summary of the December 2021 housing market statistics. (2 minute video)
Statistics
Commercial real estate market continued its recovery in the third quarter of 2021
Wednesday, January 05, 2022
The increased activity in the Lower Mainland’s commercial real estate market in the first half of 2021 carried into the third quarter of the year. (2 minute read)
Statistics
Metro Vancouver home buyers compete for fewer home listings in October
Tuesday, November 02, 2021
Home sale activity in Metro Vancouver remained above historical averages while the overall supply of homes for sale dipped to levels not seen in three years. (2 minute read)