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The Tapestry

 

  Market News


2012 REBGV Commercial Building Awards accepting nominations until June 29

VANCOUVER – Nominations are now open for the Real Estate Board of Greater Vancouver’s (REBGV’s) 3rd annual Commercial Building Awards. The deadline to submit a nomination is Friday, June 29.


Greater Vancouver housing market maintains a steady spring pace

VANCOUVER, BC - Home sale and listing activity has maintained a consistent pace on the Multiple Listing Service® (MLS®) in Greater Vancouver in recent months, which has helped create balanced conditions for the region’s housing market.


Greater Vancouver REALTORS® honoured for their commitment to community causes

VANCOUVER, BC - The Real Estate Board of Greater Vancouver (REBGV) recently honoured three REALTORS® for their extensive work in the community in 2011.


Increased selection helps maintain balance in Greater Vancouver housing market

VANCOUVER, BC - March home sales trended below 10-year average in Greater Vancouver while home listing activity outpaced what’s typical for the month.


Real estate board instates 2012/2013 president

VANCOUVER, BC - The Real Estate Board of Greater Vancouver (REBGV) is pleased to introduce Eugen Klein as its 2012/2013 president. Klein replaces outgoing President Rosario Setticasi.


Greater Vancouver housing market trends near long-term averages as spring market approaches

VANCOUVER, BC – Closer alignment between home buyer and seller activity helped bring greater balance to the Greater Vancouver housing market in February.


Selection broadens and demand eases to kick off 2012 in the Greater Vancouver housing market

VANCOUVER, BC – Greater Vancouver home sellers were more active than buyers in January and overall home prices, according to the new MLS® Home Price Index (MLS® HPI), continued to experience more stability and less fluctuation compared to the beginning of 2011.


Balanced real estate market prevailed through much of 2011

VANCOUVER, BC – The 2011 Greater Vancouver housing market began with heightened demand in regional hot spots and concluded with greater balance between seller supply and buyer demand.


Blanket Drive continues to spread warmth to those who need it most

VANCOUVER, BC – Nearly 19,000 working poor and homeless people across the Lower Mainland received donations of blankets, clothing, and other necessities this year from the region’s longest running Blanket Drive.


Historically normal activity keeps the Greater Vancouver housing market in a balanced state

VANCOUVER, BC – The Greater Vancouver housing market saw relatively typical home sale and listing activity in November.


The Lower Mainland's longest running blanket drive starts today

VANCOUVER, BC – The 17th annual REALTORS Care® Blanket Drive begins today and will run until Monday, December 5. Hundreds of real estate offices from Whistler to Chilliwack turn into donation depots for eight days as REALTORS® collect, sort and deliver donations of warm, winter clothing and blankets for distribution to dozens of local charities.


Video blog tells stories of longest running blanket drive in Metro Vancouver

VANCOUVER, BC – For the first time in its 17-year history, a video blog will tell the REALTORS Care® Blanket Drive story, from the perspective of the volunteers, charities and community partners who make it happen.


REALTORS Care® Blanket Drive indispensable to those in need

VANCOUVER, BC – People depend on the REALTORS Care® Blanket Drive. What started as a compassionate offer of simple warmth to those living on the streets in Vancouver’s Downtown Eastside is now the largest, longest-running charitable blanket and warm clothing collection in the region.


Greater Vancouver at lower end of balanced housing market

VANCOUVER, BC – With a sales-to-active property listings ratio of 15 per cent, the Greater Vancouver housing market continues to hover at the lower end of a balanced market and has been trending in that direction over the past five months.


Home listings continue to rise in the Greater Vancouver housing market

VANCOUVER, BC - Consistent increases in property listings and fewer home sales over the summer months has helped move the Greater Vancouver housing market into the upper end of a buyers’ market.


Best of commercial building honoured at event

VANCOUVER, BC – The Real Estate Board of Greater Vancouver (REBGV) honoured the very best in commercial building at its 2nd annual Commercial Building Awards on September 29.


Greater Vancouver home sales trend toward buyers’ market over summer

VANCOUVER, BC – August marked the third consecutive month that home sale activity in Greater Vancouver was below the 10-year average for the month. In contrast, home listing activity in the region has exceeded the 10-year norm every month since the beginning of the year.


Active home sellers bring greater selection to the Greater Vancouver housing market

VANCOUVER, BC – While the balance between home buyer and seller activity remains in an equilibrium range in the Greater Vancouver housing market, last month’s home sale total was below the 10-year average for July.


Summer housing market trends toward balance after an active spring season

VANCOUVER, BC – Home sellers outpaced buyers on Greater Vancouver’s Multiple Listings Service® (MLS®) in June, drawing the market back toward balance this summer.


Greater Vancouver housing market holds steady and favours sellers in May

VANCOUVER, BC – Home sales remained at typical springtime levels on the Multiple Listing Service® (MLS®) in Greater Vancouver in May.


REALTORS Care® Shelter Drive raises $34,773 for housing charities

VANCOUVER, BC –  Three housing related charities recently received more than $34,000 in donations from the REALTORS Care® Shelter Drive.


Greater Vancouver housing market sees typical spring activity in April

VANCOUVER, BC - Greater Vancouver saw a typical, solid month of residential home sales on the Multiple Listing Service® (MLS®) in April, in contrast to the near record pace witnessed in the two preceding months.


Home buyers and sellers enter the housing market at near record pace in March

VANCOUVER, BC - Activity in the Greater Vancouver housing market continued to strengthen in March with both the number of homes sold and added to the region’s Multiple Listing Service® (MLS®) reaching near record levels.


Real Estate Board announces 2011/2012 president, directors

VANCOUVER, BC - The Real Estate Board of Greater Vancouver (REBGV) is pleased to introduce Rosario Setticasi as the association’s 2011/2012 president. Setticasi replaces outgoing President Jake Moldowan.


REALTOR® honoured for professionalism, excellence

VANCOUVER, BC - REALTOR® Harvey Exner became the third recipient of the Real Estate Board of Greater Vancouver’s (REBGV) Professional Excellence Award, March 25, during the association’s annual President’s Recognition Dinner.


REALTORS® recognized for community giving

VANCOUVER, BC – Three Greater Vancouver REALTORS® were recognized for their deep commitment to charitable causes in 2010. Rob Jeeves, Kenan MacKenzie and Patricia Simpson were named 2010 recipients of the REALTORS Care® Awards during an event hosted by the Real Estate Board of Greater Vancouver (REBGV).


REBGV reports increased housing demand in February

VANCOUVER, BC – Demand for detached homes continues to be strong across Greater Vancouver, with particularly high sales volumes occurring in Richmond and Vancouver Westside.


Stability and regional ‘hot spots’ characterize January housing market

VANCOUVER, BC – The Greater Vancouver housing market remained in balanced market conditions in January, although higher levels of buyer demand were seen in some of the region’s largest communities.


Real estate market stable at year-end

VANCOUVER, BC – The Greater Vancouver residential housing market entered three distinctive phases in 2010. Continued buoyancy from the post-recession recovery began the year, followed by a summer lull and, throughout the fall, a sustained period of stability.


Cold weather predictions spur REALTORS Care® Blanket Drive to a new record

VANCOUVER, BC – Facing down predictions for severe winter weather this year, the 16th annual REALTORS Care® Blanket Drive received its most overwhelming response to date. The Blanket Drive, which officially took place from November 29 to December 6, collected 5,186 bags of clothing, coats and blankets for dozens of charities across the Lower Mainland.


MLS® stats show more sales, fewer property listings in November

VANCOUVER, BC – Greater Vancouver residential home sales improved in November compared to the previous four months, with the number of sales posted on the Multiple Listing Service® (MLS®) coming in slightly higher than the 10-year average for that month.


REALTORS Care® Blanket Drive gears up for cold, wet winter

VANCOUVER, BC – With predictions for this winter to be the coldest and wettest in 50 years, and the number of homeless people on the rise in the Lower Mainland, the need for the annual REALTORS Care® Blanket Drive could be at its highest in its 16-year history.


Home sales remain steady in Greater Vancouver

VANCOUVER, BC - Greater Vancouver home sales have remained steady over the past four months, indicating stability in the residential housing market. With the MLS® sales to active listing inventory ratio indicating a buyers’ market, properties appropriately priced are selling.


Greater Vancouver REALTORS® raise nearly $10,000 for Tri-City REALTORS Care® charity

VANCOUVER, BC – REALTORS® with the Burnaby/New Westminster/Tri-Cities (BNT) division of the Real Estate Board of Greater Vancouver (REBGV) raised nearly $10,000 for the Tri-City Women’s Resource Society at their annual golf tournament at the Carnoustie Golf Club in Coquitlam on September 14.


Housing market factors indicate stability in recent months

VANCOUVER, BC - September home sales in Greater Vancouver were consistent with activity experienced in the preceding two months across most categories.


Best of commercial building in Greater Vancouver honoured at inaugural event

VANCOUVER, B.C. – September 27, 2010 – A sold-out event celebrated the ‘best of commercial building’ at the inaugural Real Estate Board of Greater Vancouver (REBGV) Commercial Building Awards, September 23, at the Renaissance Hotel.


Buyer’s market conditions continue in Greater Vancouver

VANCOUVER, BC - Conditions in the Greater Vancouver housing market continued to favour buyers in August. Since April, prices have edged down slightly as the number of sales and the number of properties coming on to the market have been declining.


Homebuyers and sellers less active in July

VANCOUVER, BC - Home sales activity in Greater Vancouver was quieter last month than most Julys over the past decade, with residential sales, prices, and the number of homes listed for sale trending downward in recent months.


Activity steady to start the summer season

VANCOUVER, BC – The Greater Vancouver housing market experienced steady activity to begin the summer season. The Real Estate Board of Greater Vancouver (REBGV) reports that residential property sales in Greater Vancouver totalled 2,972 in June 2010, a decline of 30.2 per cent compared to the 4,259 sales in June 2009, which was the second highest selling June on record.


May market offers buyers greater selection

VANCOUVER, BC – The number of properties listed for sale in Greater Vancouver continued to rise in May, while the number of sales showed a year-over-year decrease.


Home buyer and seller activity increases in busy spring market

VANCOUVER, BC – The Greater Vancouver housing market experienced increased activity in April thanks to a steady balance of home buyers and sellers entering the marketplace.


Home listings rise to start the spring season

VANCOUVER, BC - A steady influx of new listings has helped create a balanced ‘typical spring’ housing market in the Greater Vancouver region.


REALTORS® recognized for compassion, advocacy

VANCOUVER, BC - REALTORS® have been recognized for their deep commitment to various charitable and advocacy causes in their communities in 2009.


REALTOR® honoured for professionalism

VANCOUVER, B.C. – Port Moody REALTOR® Sheila Francis was recently named the second ever recipient of the Real Estate Board of Greater Vancouver’s Professional Excellence Award.


Home sales activity strong through Olympic period

VANCOUVER, BC - The Greater Vancouver housing market continued to experience strong demand from homebuyers and an increase in total property listings in a month where the eyes of the world were focused on the region. 


Greater Vancouver REALTORS® raise tens of thousands for local causes in 2009

VANCOUVER, BC – REALTORS® from the Real Estate Board of Greater Vancouver’s (REBGV) commercial and six geographical divisions converted a year’s worth of meetings, seminars and other events into thousands of dollars for the people most in need within their respective communities.


Housing supply and demand reach closer alignment in January

VANCOUVER, BC - Diverse selection and favourable interest rates continue to drive demand in the Greater Vancouver housing market.


Slow start, strong finish for housing market in 2009

VANCOUVER – After beginning the year at near record low sales levels, buyers’ confidence in the Greater Vancouver housing market quickly returned, allowing for significant and sustained increases in the number of residential property sales for much of 2009.


Record breaking year for REALTORS Care® Blanket Drive

VANCOUVER – The 15th annual REALTORS® Care Blanket Drive is proof that wonderful things happen when everyone pitches in.


Strong demand carries into late fall

VANCOUVER - Home values continued to edge upward in November as demand in the Greater Vancouver housing market remains well above seasonal norms.