Monthly Market Update

November 2022 - Vancouver Real Estate Market Update: Winter is Coming

Posted on Nov 16, 2022 in Market Update



For the past 4 months, home sales in the Greater Vancouver region remained below 3,000 homes sold - dipping back to early-2019 sales volumes!

Despite fewer active buyers and fewer home sales, a strong labour market, increased listing cancellations, and a reduced number of listings coming to market has elevated the median sold price by 4%! 

In this vid...

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October 2022 - Vancouver Real Estate Market Update: The Fall Market Scaries!

Posted on Oct 12, 2022 in Market Update



The Fall Market started with a BANG  as we saw more homes come on the market!

However, home buyer activity FLOPPED as activity dipped 36% below the 10-year September home sales average.

In this video, we'll discuss what's hot, the rental trends, winners and losers in today's Vancouver real estate market.


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September 2022 - Vancouver Real Estate Market Update: Back to School

Posted on Sep 14, 2022 in Market Update



The Fall housing market is upon us and September 7th marked another interest rate hike of 0.75% from the Bank of Canada.

In this video, we'll discuss everything from buyer activity, the Vancouver rental landscape, and some market trends in this month's edition.


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August 2022 - Vancouver Real Estate Market Update: Still Alive!

Posted on Aug 10, 2022 in Market Update



We saw housing sales volumes across Greater Vancouver decrease for the 4th consecutive month.

We're seeing volumes going back to early 2019 levels with total listings on market remaining very constrained - 17% below the 10-year average listings count for July. Homes priced right and presented well are still selling (sometimes in multiple offers too...

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July 2022 - Vancouver Real Estate Market Update

Posted on Jul 13, 2022 in Market Update



Higher interest rates causing home listings to accumulate, sales volumes are decreasing and prices are trending downwards ↘️  Home Buyers are becoming more cautious in today's Greater Vancouver housing market!

[*Correction: Bank of Canada interest rates rose 1% on July 13th, 2022. In the video I said 0.75%...oops!

Sales: 
Down 35% from June 2021
Down 16...

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June 2022 - Vancouver Real Estate Market Update

Posted on Jun 15, 2022 in Market Update



Last month, we saw a calmer housing market with home buyers taking more time to make a decision, do their due diligence, and explore different housing options. 
Sellers saw fewer multiple offers and we're returning to more typical sales activity pre-pandemic largely due to the increasing overnight interest rates.

Watch to find out more about changes...

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Get In Touch

Cari Mai
Personal Real Estate Corporation

Mobile: (604) 727-9922

Phone: (604) 620-6788

EMAIL

Office Info

Oakwyn Realty Ltd

3195 Oak Street  Vancouver,  BC  V6H2L2 

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