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The prospect of falling home prices apparently did not deter buyers. Vancouver real estate: 2020 sales so far surpass whole of 2018, 2019, and December has just started [Georgia Straight – December 8, 2020] A new market report by Vancouver-based Dexter Realty shows that 2020 will finish with a bang. 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. The Sunshine Coast is officially the hottest real estate market in B.C., recording an 82 per cent increase in home sales last month compared with November 2019. December 2019 Real Estate Board of Greater Vancouver Statistics Package with Charts & Graphs January 3, 2020   Home sales decline below long-term averages in 2019 despite increased demand to end A new market report by Vancouver-based Dexter Realty shows that 2020 will finish with a bang. The Globe and Mail is Canada's top source for real estate news, market analysis and housing data. Sun, 20 December 1:30 PM to 2:30 PM. However, two-bedroom rental costs have dropped in December to $2,680. Serving Vancouver and the Surrounding … Learn what's happening in the Vancouver Real Estate Market Report December 2019, exclusive insight into Vancouver's real estate market. However, two-bedroom rental costs have dropped in December to $2,680. 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. The benchmark price of a detached home across the region was $1.423 million, down four per cent from November 2018 but up 0.6 per cent from November 2019. With a successful Vaccine, Vancouver's real estate scene will boom again. 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. Please read our Commenting Policy first. Sales volumes down 39.4% y/y in December Prices down 5.6% y/y in December. The federal insurer reiterated its forecast on June 23 with the release of its outlook for the 2020 summer housing market. Market Stats . Get help. Looking for more real estate to buy? Vancouver real estate: prices of detached homes on east side of city rose almost 112 percent in 10 years, Surrey detached home sales rise 110 percent, Fraser Valley Real Estate Board reports “unrelenting demand”, B.C. Year-over-year, detached homes in Vancouver’s West Side and Bowen Island (6.7 per cent), the Sunshine Coast (6.4 per cent), and Richmond (6.1 per cent) saw the biggest price drops. Log into your account. Want to discuss? “We didn’t see typical seasonal patterns in 2019. The Real Estate Board of Greater Vancouver says it saw strong demand and sales in November, especially in the more remote areas of the region like the Sunshine Coast. Get a roundup of the most important and intriguing national stories delivered to your inbox every weekday. The benchmark price of a condo across the region was $656,700, down 2.7 per cent year-over-year and up 0.8 per cent from November 2019. Best Real Estate Agents in Vancouver, BC - Judy Sehling - Keller Williams Realtor, Elliot Tan - Oakwyn Realtor, Pete Shpak - Vancouver Realtor, Nancy Che - RE/MAX Crest Realty, Paul Eviston - RE/MAX Select Properties, Karen Nguyen, Sue and Sarah's Homes - RE/MAX Select Properties, Charlie Kiers PREC - Keller Williams Realty Vancentral, Tina Heidari, Cari Mai - Oakwyn Realty Thank you for your patience as we work towards bringing this back. December 2020 sales have yet to be accounted for. Fax: 604-730-3100. facebook; twitter; linkedin; youTube; instagram; Vancouver Real Estate Pre-Sales Fall Over 62% Greater Vancouver real estate pre-sales […] The Real Estate Board of Greater Vancouver says December sales were 9.5 per cent above the 10-year average for the month. Fri, Feb 5, 11:00 AM + 21 more event #ConstructionHires Virtual Job Fair / Career Expo Event #Vancouver Your name begins with E, you're from DF and you work at this location. The Real Estate Board of Greater Vancouver (REBGV) reports that sales of detached, attached and apartment properties reached 24,619 on the Multiple Listing Service® (MLS®) in 2018, a 31.6 per cent decrease from the 35,993 sales recorded in 2017, and a 38.4 per cent decrease compared to the 39,943 residential sales in 2016. After a series of month-to-month declines, prices began edging slowly upward this fall. 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 highest forecast in a September Reuters poll of 16 economists was price growth of 2% in 2021, while the lowest prediction called for a 13% drop. A healthy supply is anticipated for the downtown core and low interest rates will continue to impact housing activity. As of today, West Vancouver housing data shows median days on market for a home is 33 days. Metro Vancouver real estate sales, prices to climb in 2021: Central 1. In 2019, sales in the REBGV region totaled 25,681; and 2018 came to 25,051. Current Vancouver MLS® stats indicate an average house price of $1,104,250 and 842 new listings in the last 28 days. Vancouver Home Sales Stats July 2020Residential home sales in greater Vancouver rose to 3,128 units in July 2020. 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