October's data highlights a shift in pricing dynamics for one-bedroom units, with furnished accommodations experiencing a notable upswing in average prices, as opposed to a decline in the cost of unfurnished units. Notably, unfurnished one-bedroom units a...

The price gains witnessed on a month-over-month basis earlier this year subsided in September within the Metro Vancouver housing market. This was primarily attributed to a seasonal decline in sales and a slight uptick in inventory levels across the region...

For September 2023, Metro Vancouver’s average rent prices have increased once again, marking six consecutive month-to-month increases beginning in the spring of this year. This month, the average monthly rent price for an unfurnished, one-bedroom unit ros...

As the summer comes to an end, the Metro Vancouver housing market is experiencing the impact of increased borrowing costs. Price gains are starting to cool down and sales are slowing down, following the seasonal pattern in a predictable manner. "It’s...

With the B.C. Lower Mainland embracing the summer season, it also welcomes a surge in demand and a subsequent increase in average rent prices for this August. Notably, this comes amidst another hike in the Bank of Canada's target overnight rate. It is hig...

The Real Estate Board of Greater Vancouver (REBGV) reports that residential home sales in the region totalled 2,455 in July 2023, a 28.9 percent increase from the 1,904 sales recorded in July 2022. This was 15.6 percent below the 10-year seasonal average...

Rental prices in Metro Vancouver have seen yet another increase for the fourth consecutive month. In July, the average rent prices for unfurnished one-bedroom units across the region climbed by an additional $51 compared to the previous month, reaching an...

Following the prevalent trend observed in the housing market this year, the benchmark price for all types of homes in Metro Vancouver witnessed an increase this June. The surge in homebuyer demand collided with a restricted inventory of homes available fo...

Although not as dramatic as the previous month, rental rates in Metro Vancouver were still on the rise this June. The average monthly rent for an unfurnished, one-bedroom unit increased for the third consecutive month, adding another $12 to reach a region...

Although the year started slower than usual, the Real Estate Board of Vancouver has announced that the Metro Vancouver housing market is steadily picking up as we approach the summer months. This May, the region saw 3,411 residential home sales, a 15.6 pe...