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Market Stats

Learn about the Greater Vancouver's housing market.

Found 2 blog entries about Market Stats.

A great sale

Congrats to our sellers!

We just sold their two bedroom condo at 304 6689 Willingdon Avenue in Burnaby.

This condo was located in a great area just in the heart of Burnaby, steps away from Metrotown and close to transit.

Condos are in-demand

Condos continue to be the hottest on the home sales market. If you're thinking of selling your home, don't hesitate to call us at 604-936-1111 or email us at team@teamleo.com. You can even contact us if you want to know the current value of your condo or townhouse.

We can't wait to hear from you.

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2015 and 2016 saw Metro Vancouver reaching record levels in home sales, but they returned to more normal levels in 2017. The sales from detached, attached and apartment properties have decreased by 9.9% from sales in 2016, and by 15% from sales in 2015. However, the sale total for 2017 was 9.7% above the 10-year average.

While there was an increase in the home sales, the total amount of listings from last year was 4.4% below the 10-year listings average. Market activity differed based on property type and there was a lot of competition in the condominium and townhome markets. The detached home market was more balance and home buyers had more selection to choose from.

What changed in 2018?

The new mortgage qualification rules have just taken

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