Market News

Richmond housing market update 

Demand for office, retail, and land reaches five-year high across the Lower Mainland

Demand for commercial real estate remained robust across all major categories in the Lower Mainland in the second quarter (Q2) of 2016, according to data from Commercial Edge, a commercial real estate system operated by the Real Estate Board of Greater Vancouver (REBGV).

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Metro Vancouver home sales return to typical August levels

For the second straight month, home buyer demand in Metro Vancouver* moved off of the record-breaking pace seen earlier this year and returned to more typical levels.

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REBGV honoured with Canada Award of Excellence Gold

The Real Estate Board of Greater Vancouver (REBGV) has achieved the Canada Award of Excellence gold certification in Excellence Canada’s new Excellence, Innovation, and Wellness program.

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Home sales move off of record-breaking pace in July

Metro Vancouver* homes sales resembled more typical levels in July.

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BC government passes foreign buyer tax; ignores calls to exempt accepted agreements

The BC legislature passed legislation last night that institutes the foreign buyer tax. Real Estate Board of Greater Vancouver President Dan Morrison issued the following statement on this development:

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Source: http://www.rebgv.org/news-statistics