News![]() Market Results - August 2023Greater Vancouver real estate activity for August 2023. Seasonal slowdown brings slower sales and cooling price gains. ![]() Market Results - July 2023Greater Vancouver real estate activity for July 2023. Strong sales figures continue to push up against low levels of housing inventory. ![]() Market Results - June 2023Greater Vancouver real estate activity for June 2023. Home prices trending upwards. ![]() Market Results - May 2023Greater Vancouver real estate activity for May 2023. Housing market showing signs of heating up with prices increasing for the sixth consecutive month ![]() Market Results - April 2023Greater Vancouver real estate activity for April 2023. With listing activity remaining below historical norms, home sales and prices have begun rising. ![]() Market Results - March 2023Greater Vancouver real estate activity for March 2023. Home prices across Metro Vancouver’s housing market showed modest increases in March, while new listings remained below long-term historical averages. ![]() Market Results - February 2023Greater Vancouver real estate activity for February 2023. Continued reluctance among prospective home sellers to engage in housing market, leading to below-average sales activity. ![]() Market Results - January 2023Greater Vancouver real estate activity for January 2023. Home sales and inventory remain below long-term averages to start 2023. ![]() Market Results - December 2022Greater Vancouver real estate activity for December 2022. Bank of Canada’s battle with inflation resulted in 2022 housing market caution. ![]() Market Results - November 2022Greater Vancouver real estate activity for November 2022. November's home sales and listing totals continue below the region’s long-term averages. ![]() Market Results - October 2022Greater Vancouver real estate activity for October 2022. Inflation, rising interest rates create caution across housing market. ![]() Market Results - September 2022Greater Vancouver real estate activity for September 2022. More home sellers and fewer buyers in September. ![]() CMHC Housing Market InformationCanada’s Housing Supply Shortages: Estimating what is needed to solve Canada’s housing affordability crisis by 2030 ![]() Market Results - August 2022Greater Vancouver real estate activity for August 2022. Fewer home buyers and sellers in August. ![]() Market Results - July 2022Greater Vancouver real estate activity for July 2022. Quieter home buyer demand and a gradual rise in the supply of homes for sale. ![]() Market Results - June 2022Greater Vancouver real estate activity for June 2022. Home listings up, sales down and prices starting to decrease. ![]() Market Results - May 2022Greater Vancouver real estate activity for May 2022 Home sale activity has returned to more typical seasonal levels. ![]() Market Results - April 2022Greater Vancouver real estate activity for April 2022. Home sales returning to more traditional levels. ![]() Market Results - March 2022Greater Vancouver real estate activity for March 2022. Home sales activity in Metro Vancouver’s housing market remained high in March. ![]() Market Results - February 2022Greater Vancouver real estate activity for February 2022. Listings inch up, demand remains steady and price gains continue. ![]() Market Results - January 2022Greater Vancouver real estate activity for January 2022. Low supply keeps upward pressure on home prices. ![]() Market Results - December 2021Greater Vancouver real estate activity for December 2021. Home sales reached an all-time high in 2021 ![]() Market Results - November 2021Greater Vancouver real estate activity for November 2021. Home sale activity remained well above historical averages. ![]() Market Results - October 2021Greater Vancouver real estate activity for October 2021. Home buyers compete for fewer home listings. ![]() Market Results - September 2021Greater Vancouver real estate activity for September 2021. Home sales activity continues to outstrip supply. ![]() Market Results - August 2021Greater Vancouver real estate activity for August 2021. Supply of homes for sale has declined steadily since June. ![]() Market Results - July 2021Greater Vancouver real estate activity for July 2021. Steady sales, reduced listings and virtually unchanged home prices. ![]() Market Results - June 2021Greater Vancouver real estate activity for June 2021. Housing market sets a steady, calmer pace to begin the summer. ![]() Market Results - May 2021Greater Vancouver real estate activity for May 2021. Home sales and listing activity move off record-breaking pace of recent months. ![]() Market Results - May 2021Greater Vancouver real estate activity for April 2021. Supply response emerges as home sellers become increasingly active. ![]() Market Results - March 2021Greater Vancouver real estate activity for March 2021. Home buying activity reached unprecedented levels across Metro Vancouver. ![]() Market Results - February 2021Greater Vancouver real estate activity for February 2021. Home buyer competition intensifies across the region. ![]() Market Results - January 2021Greater Vancouver real estate activity for January 2021. Home sale activity continues outpacing the supply of homes listed for sale. ![]() Market Results - December 2020Greater Vancouver real estate activity for December 2020. Strong December activity brought total 2020 home sales in line with long-term average. ![]() Market Results - November 2020Greater Vancouver real estate activity for November 2020. Home sales outpace seasonal norms and long-term averages. ![]() Market Results - October 2020Greater Vancouver real estate activity for October 2020. Home sales and new listing activity remained at near record levels. ![]() Market Results - September 2020Greater Vancouver real estate activity for September 2020. Sales were highest total on record for month of September. ![]() Market Results - August 2020Greater Vancouver real estate activity for August 2020. Home sales and new listings continue to increase. ![]() Market Results - July 2020Greater Vancouver real estate activity for July 2020. Housing market sees steady summer activity. ![]() Market Results - June 2020Greater Vancouver real estate activity for June 2020. Home buyers and sellers are gradually becoming more active. ![]() Market Results - May 2020Greater Vancouver real estate activity for May 2020. Home prices remain steady as buyers and sellers become more comfortable. ![]() Market Results - April 2020Greater Vancouver real estate activity for April 2020. Home sales and listings down amid COVID-19. ![]() Market Results - March 2020Greater Vancouver real estate activity for March 2020. Home buyers and sellers adjusted as concerns about Covid-19 intensified. ![]() Market Results - February 2020Greater Vancouver real estate activiity for February 2020. Steady home buyer demand and lower home seller supply. ![]() Market Results - January 2020Greater Vancouver real estate activity for January 2020. Home sales activity up, supply down to start 2020. ![]() Market Results - December 2019Greater Vancouver real estate activity for December 2019. Home sales declined below long term averages in 2019, although demand increased to end the year. ![]() Market Results - November 2019Greater Vancouver real estate activity for November 2019. Home sales return to historically typical levels. ![]() Market Results - October 2019Greater Vancouver real estate activity for October 2019. Home buyer activity increases in October. ![]() Market Results - September 2019Greater Vancouver real estate activity for September 2019. Home buyer demand is returning to more historically typical levels. ![]() Market Results - August 2019Greater Vancouver real estate activity for August 2019. Housing market sees summer uptick in sales. ![]() Market Results - July 2019Greater Vancouver real estate activity for July 2019. Home buyer demand picked up across the metro region. ![]() Market Results - June 2019Greater Vancouver real estate activity for June 2019. Low home buyer demand drives accumulating supply of homes for sale. ![]() Market Results - May 2019Greater Vancouver real estate activity for May 2019. Increase in home sales while housing supply reached 5-year high. ![]() Market Results - April 2019Greater Vancouver real estate activity for April 2019. Sluggish demand results in higher than usual supply of available homes. ![]() Market Results - March 2019Greater Vancouver real estate activity for March 2019. Home sales dipped to the lowest levels seen in March in more than three decades. ![]() Market Results - February 2019Greater Vancouver real estate activity for February 2019. Market conditions saw increased supply from home sellers and below average demand from home buyers. ![]() Market Results - January 2019Greater Vancouver real estate activity for January 2019. Home listings increase while buyers remain in holding pattern. ![]() Market Results - December 2018Greater Vancouver real estate activity for December 2018. Home sales in 2018 were the lowest annual total in the region since 2000. ![]() Market Results - November 2018Greater Vancouver real estate activity for November 2018. Home buyer demand remains substantially below long-term historical averages. ![]() Market Results - October 2018Greater Vancouver real estate activity for October 2018. Home listings at 4-year high for month of October. ![]() Market Results - September 2018Greater Vancouver real estate activity for September 2018. More supply and less demand seen across metro housing market. ![]() Market Results - August 2018Greater Vancouver real estate activity for August 2018. Home buyer demand stays well below historical averages in August. ![]() Market Results - July 2018Greater Vancouver real estate activity for July 2018. Housing activity slipped to its lowest July sales levels since 2000. ![]() Market Results - June 2018Greater Vancouver real estate activity for June 2018. Home buyer demand depends on property type. ![]() Market Results - May 2018Greater Vancouver real estate activity for May 2018. Home buyer demand continues to decline across the Metro Vancouver region. ![]() Market Results - April 2018Greater Vancouver real estate activity for April 2018. Home sales declined to a 17 year April low. ![]() Market Results - March 2018Greater Vancouver real estate activity for March 2018. Fewer home sales and listings in the first quarter of the year. ![]() Market Results - February 2018Greater 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 2018Greater Vancouver real estate activity for January 2018. Attached homes are in demand while detached home buyers face less competition. ![]() Market Results - December 2017Greater Vancouver real estate activity for December 2017. Home sales returned to more historically normal levels in 2017. ![]() Market Results - November 2017Greater Vancouver real estate activity for Novenmber 2017. Modest home listing changes and steady demand in November. ![]() Market Results - October 2017Greater 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 2017Greater Vancouver real estate activity for September 2017. Apartment and townhome activity is outpacing the detached home market across the region. ![]() Tree Protection Bylaws and PoliciesTree protection bylaws and policies in effect (as at May 2017) in the Greater Vancouver area. ![]() Market Results - August 2017Greater Vancouver real estate activity for August 2017. Competition for condominiums and townhomes pushed Metro Vancouver* home sales above typical levels ![]() Market Results - July 2017Greater 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 2017Greater 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 2017Greater Vancouver real estate activity for May 2017. Home buyer activity returned to near-record levels across the region. ![]() Vancouver Vacancy Tax By-lawQuestions 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 2017Greater Vancouver real estate activity for April 2017. Demand for condominiums and townhomes continues to drive the Metro Vancouver housing market. ![]() Market Results - March 2017Greater 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 2017Greater Vancouver real estate activity for February 2017. Reluctance amongst home sellers is impacting sales and prices. ![]() Market Report 2016-2017Market 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 2017Greater Vancouver real estate activity for January 2017. Reduced activity in the detached home market slows home sales. ![]() Market Results - December 2016Greater 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 2016Greater 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 2016Greater Vancouver real estate activity for October 2016. Fewer listings and fewer sales are changing market dynamics in Metro Vancouver communities. ![]() Market Results - September 2016Greater 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 2016Greater Vancouver real estate activity for August 2016. Home buyer demand moved off of the record-breaking pace seen earlier this year. ![]() Market Results - July 2016Greater Vancouver real estate activity for July 2016. Home sales resembled more typical levels in July. ![]() Market Results - June 2016Greater 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 GroupOn conduct and practices in the Real Estate Industry in British Columbia - June 2016 ![]() Market Results - May 2016Greater Vancouver real estate activity for May 2016. Homes continue to sell at an uprecedented rate. ![]() Market Results - April 2016Greater Vancouver real estate activity for April 2016. Home sales remain at record levels across Metro Vancouver. ![]() Market Results - March 2016Greater Vancouver real estate activity for March 2016. March was the highest selling month the REBGV has ever recorded. ![]() Market Results - February 2016Greater Vancouver real estate activity for February 2016. Home buyers set a record pace. ![]() Market Results - January 2016Greater Vancouver real estate activity for January 2016. Home sellers remain in the driver's seat. ![]() Market Results - December 2015Greater Vancouver real estate activity for December 2015. Home sales in 2015 reached highest ever annual total in regions's history! ![]() Market Results - November 2015Greater Vancouver real estate activity for November 2015. Home sales reached near record levels in November. ![]() Market Results - October 2015Greater 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 2015Greater 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 2015Greater Vancouver real estate activity for August 2015. Residential property sales higher than usual, current listings lower, and benchmark prices higher. ![]() Market Results - July 2015Greater Vancouver real estate activity for July 2015. Home sales more than a third above the 10-year average in July. ![]() Market Results - June 2015Greater 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 2015Greater 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 2015Greater 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 2015Greater 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 2015Greater 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 2015Greater 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 2014Greater 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 2014Greater 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 2014Greater Vancouver real estate activity for October 2014. Home sales continue to outpace long-term averages for this time of year. ![]() Market Results - September 2014Greater Vancouver real estate activity for September 2014. Home buyers active as sales exceeded 10 year average for the month of September. ![]() Market Results - August 2014Greater Vancouver real estate activity for August 2014. Steady home sales, listings and pricing trends for the month. ![]() Market Results - July 2014Greater Vancouver real estate activity for July 2014. Home buyers continue to outpace sellers, but not by much. ![]() Market Results - June 2014Greater Vancouver real estate activity for June 2014. Home buyer activity on the rise. ![]() Market Results - May 2014Greater Vancouver real estate activity for May 2014. Increases in home buyer demand pushes market conditions into upper reaches of balanced market. ![]() Market Results - April 2014Greater Vancouver real estate activity for April 2014. Home buyers and sellers picked up housing sales by15% over previous month. ![]() Market Results - March 2014Greater 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 2014Greater 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 2014Greater Vancouver real estate activity for January 2014. Home sale and listing totals outpace historical January averages. ![]() Market Results - December 2013Greater Vancouver real estate activity for December 2013. Housing market maintained a consistent balance between demand and supply throughout 2013. ![]() Market Results - November 2013Greater Vancouver real estate activity for November 2013. Consistent home sale and listing activity has allowed balanced market conditions to prevail. ![]() Market Results - October 2013Greater Vancouver real estate activity for October 2013. Home buyer and seller activity continued to mirror historical averages. ![]() Market Results - September 2013Greater 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 2013Greater 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 2013Greater 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 2013Greater 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 2013Greater 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 2013Greater 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 2013Greater 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 2013Greater Vancouver real estate activity for February 2013. Home sales activity has trended below historical averages for a year. ![]() Market Results - January 2013Greater 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 awardsMacdonald Realty proudly announces 2012 sales award winners. ![]() Housing Market Summary - Dec 2012Macdonald 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 2012Greater 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 2012Greater 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 2012Greater Vancouver real estate activity for October 2012. Compared to recent months, home sales increased slightly, while listings and prices decreased slightly. ![]() Investing in a condoInvesting in a condo? Read this article from Canadian Real Estate Wealth Magazine. ![]() 2012 BC Check-UpIncludes 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 2012Greater 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 2012Greater Vancouver real estate activity for August 2012. Home sellers continued to outnumber buyers in summer housing market. ![]() ![]() Market Results - July 2012Greater Vancouver real estate activity for July 2012. Housing market hits summer lull as residential property sales remained at 10-year low. ![]() Market Results - June 2012Greater Vancouver real estate activity for June 2012. In most neighbourhoods, the metro housing market favoured Buyers in June. ![]() Market Results - May 2012Greater Vancouver real estate activity for May 2012. Spring activity remains balanced in the Greater Vancouver housing market. ![]() Market Results - April 2012Greater Vancouver real estate activity for April 2012. Home sales and listing activity has maintained a consistent pace on the MLS®. ![]() Market Results - March 2012Greater 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 2012Greater 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. ![]() ![]() Market Results - January 2012Greater 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 AlertThe 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 2011Greater Vancouver real estate activity for December 2011. The 2011 housing market concluded with greater balance between seller supply and buyer demand. ![]() Market Results - November 2011Greater Vancouver real estate activity for November 2011. Housing market saw relatively typical home sales and listing activity in November. ![]() BCREA Housing Forecast - November 2011After 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 2011Greater Vancouver real estate activity for October 2011 Housing market continues to hover at the lower end of a balanced market. ![]() Market Results - September 2011Greater 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 2011Greater 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 2011Greater Vancouver real estate activity for May 2011. Housing market holds steady and favoured sellers in May.
![]() Market Results - April 2011Greater 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 2011Greater 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 2011Greater 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 2011Greater 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 2010Greater 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 2010Greater 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 2010Greater 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 2010Greater 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.
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