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Latest Stats  Report for: Metro Vancouver

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Latest Stats  Report for: Vancouver West

Latest Stats  Report for: Richmond

Latest Stats  Report for: Burnaby North

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Home buyer activity increases in October

Residential property sales in Metro Vancouver

The Metro Vancouver housing market is experiencing a fall pickup in home sale activity.

The Real Estate Board of Greater Vancouver (REBGV) reports that residential home sales in the region totalled 2,858 in October 2019, a 45.4 per cent increase from the 1,966 sales recorded in October 2018, and a 22.5 per cent increase from the 2,333 homes sold in September 2019.

Last month’s sales were 9.8 per cent above the 10-year October sales average.

“Home buyers have more confidence today than we saw in the first half of the year. With prices edging down over the last year and interest rates remaining low, hopeful home buyers are becoming more active this fall.”
Ashley Smith, REBGV president