The Real Estate Board of Greater Vancouver saw residential homes sales total 2,016 for December 2019 which is a 88.1% increase from this time last year (1,072) and a 19.3% decrease from November 2019 (2,498). After a series of month-to-month declines, prices began edging slowly upward this fall. Vancouver Real Estate Prices Dropped In December. Uncategorized. November 2020 West and North Vancouver Real Estate Market Statistics & Trends - See homes sold, active December real estate listings, & sale prices stats + trends. Best Commercial Real Estate in Vancouver, BC - Tina Heidari, Paradigm Group Commercial Real Estate Services, Brandon Harding-Nai Commercial, Maude MacKay & Company, WSV Real Estate Services, BC Estate - Buiness Brokers, Tang and Kung Real Estate Group, Cass Lao, Shari Bahri, Klein Group, Royal LePage Commerical However, two-bedroom rental costs have dropped in December to $2,680. Share Tweet Media Inquiries press@zolo.ca. However, two-bedroom rental costs have dropped in December to $2,680. Overall Real Estate Market in Metro Vancouver – Prices for December, 2020. and… Vancouver: Home Sales are up 70+%, and listings for houses about the same and condos up 80+%. Last month, two-bedroom apartments cost an average of $2,710 in the city. The number of downtown Vancouver condos listed for sale, but not selling, has been on the rise for most of this past year. British Columbia, Vancouver Real Estate [Georgia Straight – December 8, 2020] A new market report by Vancouver-based Dexter Realty shows that 2020 will finish … Metro Vancouver real estate sales, prices to climb in 2021: Central 1. Fewer sales are pushing inventory higher, even with delayed project launches. Recover your password. “We didn’t see typical seasonal patterns in 2019. Real Estate Agents, Commercial Real Estate. Metro Vancouver’s real estate market recovery that started this summer has continued well into the fall, and even exceeded expectations, if the latest board statistics are anything to go by. This way, you get to see the West Vancouver housing market on a larger scale, and how it compares to other cities in the metro area. Condos in West Vancouver (10.2 per cent), East Burnaby (7.2 per cent), Tsawwassen (6.8 per cent) and New Westminster (6.6 per cent) saw the largest price drops year-over-year. The prospect of falling home prices apparently did not deter buyers. BIV's real estate coverage ranges from reporting the latest statistics to providing in-depth analysis of all real estate issues in Vancouver and British Columbia Homeowners in some parts of the Lower Mainland saw their provincial home assessments drop by as much as 16 per cent this month, based on valuations taken in July. According to the Dexter Realty report, January to November 2020 home and land sales in REBGV areas under the Real Estate Board of Greater Vancouver totaled 28,454. See also: 11,000 condos added to Metro Vancouver’s rental market in 2019 due to vacancy taxes Real Estate Board of Greater Vancouver 2433 Spruce Street Vancouver, BC V6H 4C8 Phone: 604-730-3000. Dexter Realty released its report on December 1, which shows that January to November 2020 home and land sales on east and west sides of Vancouver totaled 7,636. December 2020 sales have yet to be accounted for. The same is happening on a regional level. Vancouver real estate: investment company seeks to unload eight retail holdings at Robson Street condo for $23 million. Real Estate Board of Greater Vancouver data. Click here to join . No other Canadian city can compare with the beautiful mountain and coastal scenery, mild winters, and cherry blossom lined streets. The composite benchmark average came down a little lower than seasonally expected. your password. 15 years in business. The top 3% of Vancouver real estate agents handle an average of 463 properties and move them in 49 days. Sunday, December 20, 2020 Sign in. Vancouver also has the country's steepest market for two-bedroom rentals, which it has for several months. The numbers don’t lie. You gave me some... Facebook comments not loading? Vancouver is still in the process of bottoming, but it is very hard to predict a bottom. These are numbers from January to November 2020, and sales in December have yet to be counted. In what may be an encouraging sign to homeowners concerned about dips in their … VANCOUVER -- Next year is shaping up to be a seller’s market, according to real estate company Royal LePage. Overall Real Estate Market in Metro Vancouver – Prices for December, 2020. and… Vancouver: Home Sales are up 70+%, and listings for houses about the same and condos up 80+%. 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