News

Market Results - June 2018

Greater Vancouver real estate activity for june 2018.

Home buyer demand depends on property type.

Market Results - May 2018

Greater Vancouver real estate activity for May 2018.

Home buyer demand continues to decline across the Metro Vancouver region.

Market Results - April 2018

Greater Vancouver real estate activity for April 2018.

Home sales declined to a 17 year April low.

Market Results - March 2018

Greater Vancouver real estate activity for March 2018.

Fewer home sales and listings in the first quarter of the year.

Market Results - February 2018

Greater Vancouver real estate activity for February 2018.

Non-apartment, home sales were notably lower than the long-term historical average for February.

Market Results - January 2018

Greater Vancouver real estate activity for January 2018.

Attached homes are in demand while detached home buyers face less competition.

Market Results - December 2017

Greater Vancouver real estate activity for December 2017.

Home sales returned to more historically normal levels in 2017.

Market Results - November 2017

Greater Vancouver real estate activity for Novenmber 2017.

Modest home listing changes and steady demand in November.

Market Results - October 2017

Greater Vancouver real estate activity for October 2017.

Sales exceeded typical historical levels in October with the majority concentrated in the townhouse and apartment markets. 

Market Results - September 2017

Greater Vancouver real estate activity for September 2017.

Apartment and townhome activity is outpacing the detached home market across the region.

Tree Protection Bylaws and Policies

Tree protection bylaws and policies in effect (as at May 2017) in the Greater Vancouver area.

Market Results - August 2017

Greater Vancouver real estate activity for August 2017.

Competition for condominiums and townhomes pushed Metro Vancouver* home sales above typical levels  


Market Results - July 2017

Greater Vancouver real estate activity for July 2017.

Fewer home sales and more listings as home buyer activity returned to more usual summer levels.

Market Results - June 2017

Greater Vancouver real estate activity for June 2017.

Demand for condos continues to drive sales in the region while demand for detached homes eased back to more typical levels.

Market Results - May 2017

Greater Vancouver real estate activity for May 2017.

Home buyer activity returned to near-record levels across the region.

Vancouver Vacancy Tax By-law

Questions presented by interested home owners to Vancouver city staff, and their replies. Also includes a copy of the by-law (as at June 2, 2017).

Market Results - April 2017

Greater Vancouver real estate activity for April 2017.

Demand for condominiums and townhomes continues to drive the Metro Vancouver housing market. 

Market Results - March 2017

Greater Vancouver real estate activity for March 2017.

Reflected a shortage of residential property listings coupled with strong demand, particularly for condos and townhomes.

Market Results - February 2017

Greater Vancouver real estate activity for February 2017.

Reluctance amongst home sellers is impacting sales and prices.

Market Report 2016-2017

Market Report 2016-2017

Macdonald Real Estate Group

 

 - our year in review

 - residential market review & forecast

    around the province

 - BC real estate market in 2016, including

    significant law, regulation and policy

    changes

Market Results - January 2017

Greater Vancouver real estate activity for January 2017.

Reduced activity in the detached home market slows home sales.

Market Results - December 2016

Greater Vancouver real estate activity for December 2016.

Sales in December were lower than normal for the month although, in aggregate, 2016 was the third highest selling year on record.

Market Results - November 2016

Greater Vancouver real estate activity for November 2016.

Sales level was 8% below 10-year average for Nov (compared to Oct which was 15% below). Listings also remain lower than normal.

Market Results - October 2016

Greater Vancouver real estate activity for October 2016.

Fewer listings and fewer sales are changing market dynamics in Metro Vancouver communities.

Market Results - September 2016

Greater Vancouver real estate activity for September 2016.

Homes sales dipped below the 10 year monthly sales average for first time since May 2014.

Market Results - August 2016

Greater Vancouver real estate activity for August 2016.

Home buyer demand moved off of the record-breaking pace seen earlier this year.

Market Results - July 2016

Greater Vancouver real estate activity for July 2016.

Home sales resembled more typical levels in July.

Market Results - June 2016

Greater Vancouver real estate activity for June 2016.

Sales in June slipped from previous month although were still 28% above 10 year average for month.

Report of the Independent Advisory Group

On conduct and practices in the Real Estate Industry in British Columbia - June 2016

Market Results - May 2016

Greater Vancouver real estate activity for May 2016.

Homes continue to sell at an uprecedented rate.

Market Results - April 2016

Greater Vancouver real estate activity for April 2016.

Home sales remain at record levels across Metro Vancouver.

Market Results - March 2016

Greater Vancouver real estate activity for March 2016.

March was the highest selling month the REBGV has ever recorded.

Market Results - February 2016

Greater Vancouver real estate activity for February 2016.

Home buyers set a record pace.

Market Results - January 2016

Greater Vancouver real estate activity for January 2016.

Home sellers remain in the driver's seat.

Market Results - December 2015

Greater Vancouver real estate activity for December 2015.

Home sales in 2015 reached highest ever annual total in regions's history!

Market Results - November 2015

Greater Vancouver real estate activity for November 2015.

Home sales reached near record levels in November.

Market Results - October 2015

Greater Vancouver real estate activity for October 2015.

Last month's sales activity was 36% higher than the 10-year average for the month.

Market Results - September 2015

Greater Vancouver real estate activity for September 2015.

Conditions continue to favour sellers as the number of homes listed for sale has not been keeping up with the demand.

Market Results - August 2015

Greater Vancouver real estate activity for August 2015.

Residential property sales higher than usual, current listings lower, and benchmark prices higher.

Market Results - July 2015

Greater Vancouver real estate activity for July 2015.

Home sales more than a third above the 10-year average in July.

Market Results - June 2015

Greater Vancouver real estate activity for June 2015. 

This was the highest selling June, and the second highest overall monthly total on record.

Market Results - May 2015

Greater Vancouver real estate activity for May 2015.

Competitive market conditions continues to put upward pressure on home prices, particularly for detached homes.

Market Results - April 2015

Greater Vancouver real estate activity for April 2015.

Sellers' market conditions continued through April as sales were 29% above the 10 year sales average for the month.

Market Results - March 2015

Greater Vancouver real estate activity for March 2015

Home buyers were out in force as sales in March were 27% above 10-year average for the month.

Market Results - February 2015

Greater Vancouver real estate activity for February 2015.

Home sales and listing totals were well above the region's 10-year average for the month.

Market Results - January 2015

Greater Vancouver real estate activity for January 2015.

Home sales activity was above historical norms for January, while # of homes listed for sale was below typical levels.

Market Results - December 2014

Greater Vancouver real estate activity for December 2014.

For the year, home sales and listing totals were at normal levels, although the composite benchmark price for all residential properties in metro Vancouver rose by almost 6% compared to December 2013.

Market Results - November 2014

Greater Vancouver real estate activity for November 2014.

Home buyers remained active in a month that is traditionally a quieter time of year.

Market Results - October 2014

Greater Vancouver real estate activity for October 2014.

Home sales continue to outpace long-term averages for this time of year.

Market Results - September 2014

Greater Vancouver real estate activity for September 2014.

Home buyers active as sales exceeded 10 year average for the month of September.

Market Results - August 2014

Greater Vancouver real estate activity for August 2014.

Steady home sales, listings and pricing trends for the month.

Market Results - July 2014

Greater Vancouver real estate activity for July 2014.

Home buyers continue to outpace sellers, but not by much.

Market Results - June 2014

Greater Vancouver real estate activity for June 2014.

Home buyer activity on the rise.

Market Results - May 2014

Greater Vancouver real estate activity for May 2014.

Increases in home buyer demand pushes market conditions into upper reaches of balanced market.

Market Results - April 2014

Greater Vancouver real estate activity for April 2014.

Home buyers and sellers picked up housing sales by15% over previous month.

Market Results - March 2014

Greater Vancouver real estate activity for March 2014.

Home sales outpaced March 2013 although lagged the region's historical average for the month.

Market Results - February 2014

Greater Vancouver real estate activity for February 2014.

In the first two months, the housing market has maintained the steady pace set throughout 2013.

Market Results - January 2014

Greater Vancouver real estate activity for January 2014.

Home sale and listing totals outpace historical January averages.

Market Results - December 2013

Greater Vancouver real estate activity for December 2013.

Housing market maintained a consistent balance between demand and supply throughout 2013.

Market Results - November 2013

Greater Vancouver real estate activity for November 2013.

Consistent home sale and listing activity has allowed balanced market conditions to prevail.

Market Results - October 2013

Greater Vancouver real estate activity for October 2013.

Home buyer and seller activity continued to mirror historical averages.

Market Results - September 2013

Greater Vancouver real estate activity for September 2013.

Activity in the housing market continued to far outpace 2012, yet is in line with the region's 10-year averages.

Market Results - August 2013

Greater Vancouver real estate activity for August 2013.

Sales activity  finished well above last year's pace and slightly below the 10-year average, for the month.

Market Results - July 2013

Greater Vancouver real estate activity for July 2013.

Last month was the highest selling month of the year in the metro region, and the highest selling July since 2009.

Market Results - June 2013

Greater Vancouver real estate activity for June 2013.

The local housing market continues to maintain a relative balance between the number of properties for sale and the number of people looking to purchase in the region.

Market Results - May 2013

Greater Vancouver real estate activity for May 2013.

While the number of home sales and listings has maintained a steady balance, sales continued to trend below 10-year average.

Market Results - April 2013

Greater Vancouver real estate activity for April 2013.

A closer relationship between supply and demand has been having a stabilizing impact on home prices.

Market Results - March 2013

Greater Vancouver real estate activity for March 2013.

Lower levels of both supply and demand in recent months are holding home prices in check.

Market Results - February 2013

Greater Vancouver real estate activity for February 2013.

Home sales activity has trended below historical averages for a year.

Market Results - January 2013

Greater Vancouver real estate activity for January 2013.

Home buyer demand remains below historical averages, leading some home sellers to remove their homes from the market, rather than lowering their asking prices.

Macdonald Realty 2012 sales awards

Macdonald Realty proudly announces 2012 sales award winners.

Housing Market Summary - Dec 2012

Macdonald Realty report provides snapshot of property sales during the most recent month, for each municipality in Greater Vancouver and Fraser Valley. Differentiates between single family homes and condos & townhomes.

Market Results - December 2012

Greater Vancouver real state activity for December 2012.

The metro housing market experienced below average home sale totals, typical home listing activity and modest declines in home prices in 2012.

Market Results - November 2012

Greater Vancouver real estate activity for November 2012.

In recent months, the local housing market has experienced a moderation in home prices and a decrease in property sales compared to historical averages.

Market Results - October 2012

Greater Vancouver real estate activity for October 2012.

Compared to recent months, home sales increased slightly,

while listings and prices decreased slightly.

Investing in a condo

Investing in a condo?

Read this article from Canadian Real Estate Wealth Magazine.

2012 BC Check-Up

Includes the 2012 Provincial and Regional Reports, audio clips and other media materials.  Reports from past years are available in Archives.
 
The Institute of Chartered Accountants of BC has benchmarked the province's economy in the BC Check-Up since 1999. 
 
By examining key LIVE, WORK, and INVEST indicators, we can better understand BC's economic position and health.

Market Results - September 2012

Greater Vancouver real estate activity for September 2012.

Sales for the month were more than 40% below the 10-year September sales average.

Market Results - August 2012

Greater Vancouver real estate activity for August 2012.

Home sellers continued to outnumber buyers in summer housing market.

Grants & Rebates

Top 28 grants and rebates for property buyers and owners.

Market Results - July 2012

Greater Vancouver real estate activity for July 2012.

Housing market hits summer lull as residential property sales remained at 10-year low.

Market Results - June 2012

Greater Vancouver real estate activity for June 2012.

In most neighbourhoods, the metro housing market favoured Buyers in June.

Market Results - May 2012

Greater Vancouver real estate activity for May 2012.

Spring activity remains balanced in the Greater Vancouver housing market.

Market Results - April 2012

Greater Vancouver real estate activity for April 2012.

Home sales and listing activity has maintained a consistent pace on the MLS®.

Market Results - March 2012

Greater Vancouver real estate activity for March 2012.

Home sales in March trended below the 10-year average while home listing activity outpaced what's typical for the month.

Market Results - February 2012

Greater Vancouver real estate activity for February 2012.

Closer alignment between home buyer and seller activity helped bring greater balance

to the Greater Vancouver housing market.

HST-PST Transitional Rules

Information about the new HST-PST housing transitional rules.

Market Results - January 2012

Greater Vancouver real estate activity for January 2012.

Overall home prices  continued to experience more stability and less fluctuation compared to the beginning of 2011.

Strata Document Alert

The BC government has changed several important strata requirements. Primarily, the changes concern depreciation reports and contributions to a strata corporation's contingency reserve fund. Some changes come into effect immediately, while others at different times over the next two years.

Market Results - December 2011

Greater Vancouver real estate activity for December 2011.

The 2011 housing market concluded with greater balance between seller supply and buyer demand.

Market Results - November 2011

Greater Vancouver real estate activity for November 2011.

Housing market saw relatively typical home sales and listing activity in November.

BCREA Housing Forecast - November 2011

After declining 12% in 2010, residential unit sales through the MLS® in BC are forecast to rise by 3% to 77,000 units in 2011, and a further 4% to 80,000 units in 2012.

Market Results - October 2011

Greater Vancouver real estate activity for October 2011

Housing market continues to hover at the lower end of a balanced market.

Market Results - September 2011

Greater Vancouver real estate activity for September 2011.

Home listings continue to rise as much of the Greater Vancouver housing market favours buyers.

Market Results - August 2011

Greater Vancouver real estate activity for August 2011.

August home sales in the metro region was below the 10-year average for the month.

Market Results - July 2011

Greater Vancouver real estate activity for July 2011.
The balance between home buyer and seller activity remains in an equilibrium range in the Greater Vancouver housing market.

Market Results - June 2011

Greater Vancouver real estate activity for June 2011.
Home Sellers outpaced Buyers on Greater Vancouver's MLS® in June, drawing the market back toward balance this summer.

Market Results - May 2011

Greater Vancouver real estate activity for May 2011.
Housing market holds steady and favoured sellers in May.

Market Results - April 2011

Greater Vancouver real estate activity for April 2011.
A typical, solid month of residential home sales in contrast to the near record pace witnessed in the two preceding months.

Market Results - March 2011

Greater Vancouver real estate activity for March 2011.
Activity in the housing market was very strong in March with both the number of homes sold and new listings added reaching near record levels.

Market Results - February 2011

Greater Vancouver real estate activity for February 2011.
Demand for detached homes is strong across the region. The number of properties listed for sale and those sold outpaced the 10-year average in both categories.

Market Results - January 2011

Greater Vancouver real estate activity for January 2011.
The Metro Vancouver housing market remained in balanced conditions. Certain parts, however, such as Richmond and Vancouver West, are experiencing strong sellers' markets.

Market Results - December 2010

Greater Vancouver real estate activity for December 2010.
Continued buoyancy from the post-recession recovery began the year, followed by a summer lull and, throughout the fall, a sustained period of stability.

Market Results - November 2010

Greater Vancouver real estate activity for November 2010.
Housing sales were typical for a November although higher than in each of the four previous months. Increasing sales and declining listings indicate balanced market conditions.

Market Results - October 2010

Greater Vancouver real estate activity for October 2010.
Housing sales in Greater Vancouver increased slightly for the second straight month, while the number of homes for sale decreased. Sales and price volatility is lessening.

Market Results - September 2010

Greater Vancouver real estate activity for September 2010.
Housing sales in Greater Vancouver increased slightly in September compared to August.  Prices have decreased by 2-3% since the highs of Spring, however they remain over 5% higher than those of a year ago.

Market Results - August 2010

Greater Vancouver real estate activity for August 2010.
Conditions in the Greater Vancouver housing market continued to favour buyers in August.

Market Results - July 2010

Greater Vancouver real estate activity for July 2010.
Housing market cools as sales, prices and the number of homes listed for sale trend downward.

Market Results - June 2010

Greater Vancouver real estate activity for June 2010.
New listings slowed in June compared to the previous 3 months,
and sales activity reflected healthy demand for this time of year.

Market Results - May 2010

Greater Vancouver real estate activity for May 2010.
Inventory of available housing climbed further, sales fell and prices weakened. 
Market showing signs of turning in favour of buyers.

Market Results - April 2010

Greater Vancouver real estate activity for April 2010.
Neither Sellers nor Buyers in control as housing activity remains strong and in balance.

Market Results - March 2010

Greater Vancouver real estate activity for March 2010.
Housing sales, listings and prices moved higher.
 

Market Results - February 2010

Greater Vancouver real estate activity for February 2010.
Housing sales, listings and benchmark prices higher than last month and higher than in February 2009.

Market Results - January 2010

Greater Vancouver real estate activity for January 2010.
Closer alignment of supply and demand results in moderation of record-breaking sales of recent months.

Market Results - December 2009

Greater Vancouver real estate activity for December 2009.
Dec home values rank as 3rd highest selling December in the 90-year history of the Real Estate Board of Greater Vancouver.
 

Market Results - November 2009

Greater Vancouver real estate activity for November 2009.
Home values continued to creep upward as demand remained well above seasonal expectations.
 

Market Results - October 2009

Greater Vancouver real estate activity for October 2009.
The MLSLink Housing Price Index benchmark price for all residential properties in Greater Vancouver increased by almost 7% over October 2008.
 

Market Results - September 2009

Greater Vancouver real estate activity for September 2009.
Second highest number of residential sales ever recorded for the month of September.
 

Market Results - August 2009

Greater Vancouver real estate activity for August 2009.
Market momentum carries into August.
 

Market Results - July 2009

Greater Vancouver real estate activity for July 2009.
July 2009 sales were the highest ever recorded for the month of July.
 

HST News Release

BC Government announces it intends to harmonize its PST with the federal GST
effective July 1, 2010.
 

Market Results - June 2009

Greater Vancouver real estate activity for June 2009.
June sales reach highest levels for this month since 2005.
 

Market Results - May 2009

Greater Vancouver real estate activity for May 2009.
Sales continued to rise in many parts of metro Vancouver,
while the number of listings fell in several areas.
 

Market Results - April 2009

Greater Vancouver real estate activity for Apr 2009.
Sales rose sharply to levels comparable with previous years.
 

Market Results - March 2009

Greater Vancouver real estate summary for Mar 2009.
Sales volumes in March were down by 24% from Mar-08,
and up by 53% over Feb-09.
 
 

Market Results - February 2009

Greater Vancouver real estate summary for Feb 2009.
Sales volumes in February were down by 45% from Feb-08,
although up by 94% over Jan-09 which was the lowest
for January in more than 25 years.
 
 

Market Results - January 2009

Greater Vancouver real estate summary for Jan 2009.
Sales volumes in January were down by 58% from Jan-08,
and were the lowest for that month since the early 1980s.
Today's conditions creating long-term opportunities.
 

2007/2008 Elementary School Rankings

How the North Shore elementary schools fared in
the latest edition of the Fraser Institute's controversial report card.
 

Market Results - December 2008

Greater Vancouver real estate summary for Dec 2008.
Dec home sales exceeds Nov sales for first time ever.
Supply of residential property listings falls dramatically.
 

Market Results - November 2008

Greater Vancouver real estate activity for Nov 2008.
Housing affordability continues to improve.
 

Market Results - October 2008

Greater Vancouver real estate activity for Oct 2008.
Since Oct 2007, sales down by 55% and prices by 4%.
 
 

Housing Forecast - Fall 2008

BCREA Economics report.
 -Cameron Muir
 -Bryan Yu
 

Market Results - September 2008

Greater Vancouver real estate activity for Sep 2008.
New listings increase, # of sales declines.
 
 

Market Results - August 2008

Greater Vancouver residential real estate activity for Aug 2008.
# of new listings and selling prices continue to moderate,
as residential property sales volumes decline 54% from Aug 2007.
 

Market Results - July 2008

Greater Vancouver real estate activity in July 2008.
Prices are 5% higher than July 2007, after slipping by 2% in past 2 months.
Pace of new July listings was slower than in June.
 

Mortgages in Canada boring but beautiful

Compares mortgage environments in Canada and USA;
also touches on UK and Australia.
-by Bernard Simon
 The Financial Times Limited
 July 30, 2008

Market Results - June 2008

Greater Vancouver real estate activity in June 2008 compared to June 2007.
More listings and fewer sales than last year. 

I've Decided To Buy 

I've Decided To Sell 

Market Value of My Home