The latest report by the Real Estate Board of Greater Vancouver said while more homes were listed for sale, there was below-average demand.
Home buyers appear to be the ones with power in the current market, according to the latest figures from the Real Estate Board of Greater Vancouver.
Residential sales last month totalled 1,484, a 32.8 per cent drop from the same month in 2018 , but a 34.5 increase from January 2019 . That said, February 2019 remained 42.5 per cent below the 10-year February sales average. “This means that home buyers face less competition today, have more selection to choose from and more time to make their decisions.”
Canada Latest News, Canada Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
AT LARGE: Metro Vancouver pair charged with conspiracy to commit murderThe charges stem from the multi-jurisdictional, anti-gang investigation dubbed Project Territory.
Read more »
5 reasons to check out our 2019 spring arts previewOur 2019 spring arts preview is packed with places to go and things to do around Metro Vancouver. Here are five highlights.
Read more »
Vancouver Weather: Clouds ahead of a sunny weekendVANCOUVER, B.C.: Feb. 28, 2019 – Environment Canada says we can expect a mainly cloudy Thursday for Metro Vancouver, but there is lots of sunshine on the way this weekend.Expect the clouds to…
Read more »
Hai Di Lao Hot Pot in Richmond, B.C. delivers on the entertainment, but not so much the foodHai Di Lao may be Metro Vancouver’s most popular restaurant right now, and one of more than 300 locations worldwide, but its long wait times don’t lead to much reward
Read more »
AT LARGE: Metro Vancouver pair charged with conspiracy to commit murderThe charges stem from the multi-jurisdictional, anti-gang investigation dubbed Project Territory.
Read more »
City of Vancouver, province open Nora Hendrix Place modular homesThe 52-unit housing project honours a woman who was a pillar of the early Vancouver black community, which was centred in Strathcona.
Read more »
Minnesota United 3, Whitecaps 2: Promising start fizzles as Loons spoil Vancouver's home openerThe Vancouver Whitecaps had a dream start to their 2019 Major League Soccer season.There was just that little matter of the other 84 minutes to be played.After taking a 1-0 lead six minutes into Sa…
Read more »
Vancouver councillors support empty-homes tax despite dubious resultsAlmost 1,100 homes in Vancouver were removed altogether from the rental market in the first year of the city’s empty-homes tax, agency that tracks Canada’s housing statistics noted
Read more »