February 2016 was the highest selling one in Metro Vancouver’s housing market history at 53.6% above the 10-year average. A 65.6% sales increase from January 2016 indicates that the market is slowly starting to gear up for the Spring busy season. “We’re beginning to see home listings increase as we head toward the spring market, however, additional supply is still needed to meet today’s demand,” said Real Estate Board of Greater Vancouver’s president Darcy McLeod. Despite the short supply (the total number of homes for sale in Vancouver listed on MLS® is 7,299, a 38.7% decline from February 2015), residential property sales reached 4,172; a 36.3% increase from February 2015. In short: it’s still a seller’s market. The February 2016 Stats:
For a complete comparison, visit rebgv.org. Interested in listing your property, buying a home or investing in the market? We’d love to hear from you, contact us today! *REBGV Editor’s Note: Areas covered by Real Estate Board of Greater Vancouver include: Whistler, Sunshine Coast, Squamish, West Vancouver, North Vancouver, Vancouver, Burnaby, New Westminster, Richmond, Port Moody, Port Coquitlam, Coquitlam, New Westminster, Pitt Meadows, Maple Ridge, and South Delta.
You can use this dashboard to help your search for a new property.
The save searches tab will show you all the searches you have saved. A saved search will let you come back to view new property listings with your given search parameters. For example if you are looking for a 2 bedroom apartment in Burnaby you can save that search and quickly check for new listings or even get us to send you an email when new properties are listed.
The saved listings tab will show all your saved listings. If you are interested in a few properties and want to save them to come back to later this gives you quick access to that.