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Market Statistics

Our Chief Economist, Kevin Skipworth, shares his statistical insights on the Lower Mainland real estate market.

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Sales and Listing Report for October 2020

"It’s not the load that breaks you down, it’s the way you carry it.” Lou Holtz We made it through Halloween in the year 2020 - with a full moon, endless fireworks and turning back the clocks and with all that it was the real estate market that was the least scary in all this. [...]

Sales and Listing Report for September 2020

“It is always wise to look ahead, but difficult to look further than you can see.” Winston Churchill The resale housing market is helping to lead us out of the Great Suppression – now who would have thought that would be the case when we dived into the dark days back in March. Certainly not CMHC [...]

Sales and Listing Report for August 2020

“A tiny change today brings a dramatically different tomorrow.” Richard Bach There seemed to be more competition in the real estate market than in the National Hockey League this August – who ever thought that would be a comparison for this time of year. If we thought competing offers were a constant in July, after a [...]

Sales and Listing Report for July 2020

“Hope will never be silent.” Harvey Milk Is this the real life? or is this just fantasy? Caught in a landslide, no escape from reality? The lyrics fit well right now.  After seeing real estate sales in July be the highest in three years, the questions have been bouncing around as to whether this is [...]

Sales and Listing Report for June 2020

"A little consideration, a little thought for others, makes all the difference.” – Eeyore We have moved into Phase 3 of the British Columbia COVID-19 Restart Plan which will allow for more businesses to open up, movement around the province and improvement in economic conditions. In looking at home sales in June, the real estate market [...]

Sales and Listing Report for May 2020

"It is not the critic who counts; not the man who points out how the strong man stumbles, or where the doer of deeds could have done them better. The credit belongs to the man who is actually in the arena, whose face is marred by dust and sweat and blood; who strives valiantly; who [...]

Sales and Listing Report for April 2020

"It's not whether you get knocked down, it's whether you get up.” – Vince Lombardi We will get back up! Considering the extent of lock down, the momentum of what March started certainly carried over into April. While sales were down and new listings were down, there was still participation in the market as Realtors found [...]

Sales and Listing Report for March 2020

"Our patience will achieve more than our force” – Edmund Burke Where to begin. This month’s numbers for Greater Vancouver real estate are a tale of what could have been, not so much what will be. The way sales on a given day are counted by the Real Estate Board of Greater Vancouver are by looking [...]

Sales and Listing Report for February 2020

"You can never plan the future by the past.” – Edmund Burke Average is the new up! Vancouver prices have gone up and will rise even more. What seemed like a very exuberant real estate market in Greater Vancouver in February produced an average volume of sales. With multiple offers a consistent theme, less so with [...]

Sales and Listing Report for January 2020

“You may delay, but time will not” – Benjamin Franklin No new supply! That seems to be the cry of government and the opinion of some regarding Metro Vancouver real estate. Let’s talk about what effect this actually has on the market when supply isn’t part of the equation in dealing with the dynamics of [...]