Under Market Update

October Market Update

“We've seen robust home sale and listing activity across Metro Vancouver throughout the summer months," Colette Gerber, REBGV Chair said. "This increased activity can be attributed, in part, to lower interest rates and changing housing needs during the COVID-19 pandemic." [read more]

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Why real estate prices continue to rise despite the pandemic | CBC News

"There has been a fundamental shift in what is deemed desirable in real estate. Now that the work-from-home movement is no longer a trend but a necessity, living close to your workplace isn't as important as it used to be. The items that are on top of today's buyers' wish lists include a backyard and an extra room for a home office." [read more]

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September Market Update

Sales were down in August compared to July, the average composite price was up. Buyers and sellers are comfortable with the new home buying and selling processes. The long weekend has historically meant for a delay to the second or third week of September for the real estate market. We do not see the market slowing down for fall. [read more]

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