Posted on
September 22, 2023
by
Amalia Liapis
I have sold a property at PH1 188 KEEFER ST in Vancouver. See details here
Discover Westbank's luxury living in historic Chinatown's heart with this 2-level, 2-bed, 3-bath penthouse at 188 Keefer Street. Safe neighborhood surrounded by fantastic dining, cafes, nearby park, DT venues, and shopping. Unwind in the open-concept layout with high-end kitchen appliances, DOUBLE fridges and freezers, enjoy views of False Creek on both of your south facing balconies. Amenities include a resident's lounge, garden, play area, and gym. 1 parking and 1 storage locker included. Pet & rental-friendly with a 97 Walk Score. Don't miss this chance to embrace the allure of Chinatown. Open House: Sep 9th 2-4pm.
Posted on
September 8, 2023
by
Amalia Liapis
Please visit our Open House at PH1 188 KEEFER ST in Vancouver. See details here
Open House on Saturday, September 9, 2023 2:00PM - 4:00PM
Text Bready 778-838-3099
Discover Westbank's luxury living in historic Chinatown's heart with this 2-level, 2-bed, 3-bath penthouse at 188 Keefer Street. Safe neighborhood surrounded by fantastic dining, cafes, nearby park, DT venues, and shopping. Unwind in the open-concept layout with high-end kitchen appliances, DOUBLE fridges and freezers, enjoy views of False Creek on both of your south facing balconies. Amenities include a resident's lounge, garden, play area, and gym. 1 parking and 1 storage locker included. Pet & rental-friendly with a 97 Walk Score. Don't miss this chance to embrace the allure of Chinatown. Open House: Sep 9th 2-4pm.
Posted on
August 31, 2023
by
Amalia Liapis
I have listed a new property at PH1 188 KEEFER ST in Vancouver. See details here
Discover Westbank's luxury living in historic Chinatown's heart with this 2-level, 2-bed, 3-bath penthouse at 188 Keefer Street. Safe neighborhood surrounded by fantastic dining, cafes, nearby park, DT venues, and shopping. Unwind in the open-concept layout with high-end kitchen appliances, DOUBLE fridges and freezers, enjoy views of False Creek on both of your south facing balconies. Amenities include a resident's lounge, garden, play area, and gym. 1 parking and 1 storage locker included. Pet & rental-friendly with a 97 Walk Score. Don't miss this chance to embrace the allure of Chinatown. Open House: Sep 1st Friday 6-8 pm, Sat 12-2 pm, Sun 1-3 pm.
Posted on
August 31, 2023
by
Amalia Liapis
Please visit our Open House at PH1 188 KEEFER ST in Vancouver. See details here
Open House on Friday, September 1, 2023 6:00PM - 8:00PM
Text Bready 778-838-3099
Discover Westbank's luxury living in historic Chinatown's heart with this 2-level, 2-bed, 3-bath penthouse at 188 Keefer Street. Safe neighborhood surrounded by fantastic dining, cafes, nearby park, DT venues, and shopping. Unwind in the open-concept layout with high-end kitchen appliances, DOUBLE fridges and freezers, enjoy views of False Creek on both of your south facing balconies. Amenities include a resident's lounge, garden, play area, and gym. 1 parking and 1 storage locker included. Pet & rental-friendly with a 97 Walk Score. Don't miss this chance to embrace the allure of Chinatown. Open House: Sep 1st Friday 6-8 pm, Sat 12-2 pm, Sun 1-3 pm.
Posted on
August 31, 2023
by
Amalia Liapis
Please visit our Open House at PH1 188 KEEFER ST in Vancouver. See details here
Open House on Saturday, September 2, 2023 12:00PM - 2:00PM
Text Bready 778-838-3099
Discover Westbank's luxury living in historic Chinatown's heart with this 2-level, 2-bed, 3-bath penthouse at 188 Keefer Street. Safe neighborhood surrounded by fantastic dining, cafes, nearby park, DT venues, and shopping. Unwind in the open-concept layout with high-end kitchen appliances, DOUBLE fridges and freezers, enjoy views of False Creek on both of your south facing balconies. Amenities include a resident's lounge, garden, play area, and gym. 1 parking and 1 storage locker included. Pet & rental-friendly with a 97 Walk Score. Don't miss this chance to embrace the allure of Chinatown. Open House: Sep 1st Friday 6-8 pm, Sat 12-2 pm, Sun 1-3 pm.
Posted on
August 31, 2023
by
Amalia Liapis
Please visit our Open House at PH1 188 KEEFER ST in Vancouver. See details here
Open House on Sunday, September 3, 2023 1:00PM - 3:00PM
Text Bready 778-838-3099
Discover Westbank's luxury living in historic Chinatown's heart with this 2-level, 2-bed, 3-bath penthouse at 188 Keefer Street. Safe neighborhood surrounded by fantastic dining, cafes, nearby park, DT venues, and shopping. Unwind in the open-concept layout with high-end kitchen appliances, DOUBLE fridges and freezers, enjoy views of False Creek on both of your south facing balconies. Amenities include a resident's lounge, garden, play area, and gym. 1 parking and 1 storage locker included. Pet & rental-friendly with a 97 Walk Score. Don't miss this chance to embrace the allure of Chinatown. Open House: Sep 1st Friday 6-8 pm, Sat 12-2 pm, Sun 1-3 pm.
Posted on
August 15, 2023
by
Amalia Liapis
Please visit our Open House at PH1 188 KEEFER ST in Vancouver. See details here
Open House on Thursday, August 17, 2023 12:00PM - 2:00PM
Discover Westbank's luxury living in historic Chinatown's heart with this 2-level, 2-bed, 3-bath penthouse at 188 Keefer Street. Safe neighborhood surrounded by fantastic dining, cafes, nearby park, DT venues, and shopping. Unwind in the open-concept layout with high-end kitchen appliances, enjoy views of False Creek on both of your south facing balconies. Amenities include a resident's lounge, garden, play area, and gym. 1 parking and 1 storage locker included. Pet & rental-friendly with a 97 Walk Score. Don't miss this chance to embrace the allure of Chinatown. Open House: Thursday 12-2 pm
Posted on
August 10, 2023
by
Amalia Liapis
Please visit our Open House at PH1 188 KEEFER ST in Vancouver. See details here
Open House on Saturday, August 12, 2023 2:00PM - 4:00PM
Discover Westbank's luxury living in historic Chinatown's heart with this 2-level, 2-bed, 3-bath penthouse at 188 Keefer Street. Safe neighborhood surrounded by fantastic dining, cafes, nearby park, DT venues, and shopping. Unwind in the open-concept layout with high-end kitchen appliances, enjoy views of False Creek on both of your south facing balconies. Amenities include a resident's lounge, garden, play area, and gym. 1 parking and 1 storage locker included. Pet & rental-friendly with a 97 Walk Score. Don't miss this chance to embrace the allure of Chinatown. Open House: Sat & Sun 2-4 pm
Posted on
August 10, 2023
by
Amalia Liapis
Please visit our Open House at PH1 188 KEEFER ST in Vancouver. See details here
Open House on Sunday, August 13, 2023 2:00PM - 4:00PM
Discover Westbank's luxury living in historic Chinatown's heart with this 2-level, 2-bed, 3-bath penthouse at 188 Keefer Street. Safe neighborhood surrounded by fantastic dining, cafes, nearby park, DT venues, and shopping. Unwind in the open-concept layout with high-end kitchen appliances, enjoy views of False Creek on both of your south facing balconies. Amenities include a resident's lounge, garden, play area, and gym. 1 parking and 1 storage locker included. Pet & rental-friendly with a 97 Walk Score. Don't miss this chance to embrace the allure of Chinatown. Open House: Sat & Sun 2-4 pm
Posted on
August 3, 2023
by
Amalia Liapis
Please visit our Open House at PH1 188 KEEFER ST in Vancouver. See details here
Open House on Monday, August 7, 2023 2:00PM - 4:00PM
Discover Westbank's luxury living in historic Chinatown's heart with this 2-level, 2-bed, 3-bath penthouse at 188 Keefer Street. Safe neighborhood surrounded by fantastic dining, cafes, nearby park, DT venues, and shopping. Unwind in the open-concept layout with high-end kitchen appliances, enjoy views of False Creek on both of your south facing balconies. Amenities include a resident's lounge, garden, play area, and gym. 1 parking and 1 storage locker included. Pet & rental-friendly with a 97 Walk Score. Don't miss this chance to embrace the allure of Chinatown. Open House: Thur 4-6 pm Sat 2-4 pm
Posted on
August 2, 2023
by
Amalia Liapis
I have listed a new property at PH1 188 KEEFER ST in Vancouver. See details here
Discover Westbank's luxury living in historic Chinatown's heart with this 2-level, 2-bed, 3-bath penthouse at 188 Keefer Street. Safe neighborhood surrounded by fantastic dining, cafes, nearby park, DT venues, and shopping. Unwind in the open-concept layout with high-end kitchen appliances, enjoy views of False Creek on both of your south facing balconies. Amenities include a resident's lounge, garden, play area, and gym. 1 parking and 1 storage locker included. Pet & rental-friendly with a 97 Walk Score. Don't miss this chance to embrace the allure of Chinatown. Open House: Thur 4-6 pm Sat 2-4 pm
Posted on
August 2, 2023
by
Amalia Liapis
Please visit our Open House at PH1 188 KEEFER ST in Vancouver. See details here
Open House on Thursday, August 3, 2023 4:00PM - 6:00PM
Discover Westbank's luxury living in historic Chinatown's heart with this 2-level, 2-bed, 3-bath penthouse at 188 Keefer Street. Safe neighborhood surrounded by fantastic dining, cafes, nearby park, DT venues, and shopping. Unwind in the open-concept layout with high-end kitchen appliances, enjoy views of False Creek on both of your south facing balconies. Amenities include a resident's lounge, garden, play area, and gym. 1 parking and 1 storage locker included. Pet & rental-friendly with a 97 Walk Score. Don't miss this chance to embrace the allure of Chinatown. Open House: Thur 4-6 pm Sat 2-4 pm
Posted on
August 2, 2023
by
Amalia Liapis
Please visit our Open House at PH1 188 KEEFER ST in Vancouver. See details here
Open House on Saturday, August 5, 2023 2:00PM - 4:00PM
Discover Westbank's luxury living in historic Chinatown's heart with this 2-level, 2-bed, 3-bath penthouse at 188 Keefer Street. Safe neighborhood surrounded by fantastic dining, cafes, nearby park, DT venues, and shopping. Unwind in the open-concept layout with high-end kitchen appliances, enjoy views of False Creek on both of your south facing balconies. Amenities include a resident's lounge, garden, play area, and gym. 1 parking and 1 storage locker included. Pet & rental-friendly with a 97 Walk Score. Don't miss this chance to embrace the allure of Chinatown. Open House: Thur 4-6 pm Sat 2-4 pm
Posted on
August 2, 2023
by
Amalia Liapis
Please visit our Open House at PH1 188 KEEFER ST in Vancouver. See details here
Open House on Sunday, August 6, 2023 2:00PM - 4:00PM
Discover Westbank's luxury living in historic Chinatown's heart with this 2-level, 2-bed, 3-bath penthouse at 188 Keefer Street. Safe neighborhood surrounded by fantastic dining, cafes, nearby park, DT venues, and shopping. Unwind in the open-concept layout with high-end kitchen appliances, enjoy views of False Creek on both of your south facing balconies. Amenities include a resident's lounge, garden, play area, and gym. 1 parking and 1 storage locker included. Pet & rental-friendly with a 97 Walk Score. Don't miss this chance to embrace the allure of Chinatown. Open House: Thur 4-6 pm Sat 2-4 pm
Posted on
March 16, 2022
by
Kris Hall
The Metro Vancouver housing market saw steady home sales activity, modest increases in home listings and continued upward trends in pricing in February. The Real Estate Board of Greater Vancouver (REBGV) reports that residential home sales in the region totalled 3,424 in February 2022, an 8.1% decrease from the 3,727 sales recorded in February 2021, and a 49.8% increase from the 2,285 homes sold in January 2022. weLast month’s sales were 26.9% above the 10-year February sales average.
"As we prepare to enter what’s traditionally the busiest season of the year, the Metro Vancouver housing market is seeing more historically typical home sale activity and a modest uptick in home listing activity compared to last year." - Taylor Biggar, Chair, Real Estate Board of Greater Vancouver
There were 5,471 detached, attached and apartment properties newly listed for sale on the Multiple Listing Service® (MLS®) in Metro Vancouver in February 2022. This represents an 8.4% increase compared to the 5,048 homes listed in February 2021 and a 31.2% increase compared to January 2022 when 4,170 homes were listed.
The total number of homes currently listed for sale on the MLS® system in Metro Vancouver is 6,742, a 19.3% decrease compared to February 2021 (8,358) and a 19.1% increase compared to January 2022 (5,663).
“Despite having a higher volume of people listing their homes for sale in February, the region’s housing market remains significantly undersupplied, which has been pushing home prices to new highs month after month,” Biggar said.
For all property types, the sales-to-active listings ratio for February 2022 is 50.8%. By property type, the ratio is 34.9% for detached homes, 64.3% for townhomes, and 62.2% for apartments.
Generally, analysts say downward pressure on home prices occurs when the ratio dips below 12% for a sustained period, while home prices often experience upward pressure when it surpasses 20% over several months.
The MLS® Home Price Index composite benchmark price for all residential properties in Metro Vancouver is currently $1,313,400. This represents a 20.7% increase over February 2021 and a 4.6% increase compared to January 2022.
“A lack of housing supply is at the heart of the affordability challenges in Metro Vancouver today. We need more coordinated action from stakeholders at all levels to help create an ample, diverse supply of housing options for residents in the region today and into the future,” Biggar said.
Sales of detached homes in February 2022 reached 1,010, an 18% decrease from the 1,231 detached sales recorded in February 2021. The benchmark price for detached properties is $2,044,800. This represents a 25% increase from February 2021 and a 4.7% increase compared to January 2022.
Sales of apartment homes reached 1,854 in February 2022, a 5.4% increase compared to the 1,759 sales in February 2021. The benchmark price of an apartment property is $807,900. This represents a 15.9% increase from February 2021 and a 4.1% increase compared to January 2022.
Attached home sales in February 2022 totalled 560, a 24% decrease compared to the 737 sales in February 2021. The benchmark price of an attached unit is $1,090,000. This represents a 27.2% increase from February 2021 and a 5.9% increase compared to January 2022.
Source: The Real Estate Board of Greater Vancouver
Posted on
February 17, 2022
by
Kris Hall

The first month of 2022 saw home sales come down from last year’s record-setting pace, while low supply continued to cause home prices to edge higher across Metro Vancouver. The Real Estate Board of Greater Vancouver (REBGV) reports that residential home sales in the region totalled 2,285 in January 2022, a 4.4% decrease from the 2,389 sales recorded in January 2021, and a 15% decrease from the 2,688 homes sold in December 2021.
Last month’s sales were 25.3% above the 10-year January sales average.
There were 4,170 detached, attached and apartment properties newly listed for sale on the Multiple Listing Service® (MLS®) in Metro Vancouver in January 2022. This represents a 6.9% decrease compared to the 4,480 homes listed in January 2021 and a 114.4% increase compared to December 2021 when 1,945 homes were listed.
"Our listing inventory on MLS® is less than half of what would be optimal to begin the year. As a result, hopeful home buyers have limited choice in the market today. This trend is causing fierce competition for a scarce number of homes for sale, which, in turn, increases prices." - Keith Stewart, REBGV economist
The total number of homes currently listed for sale on the MLS® system in Metro Vancouver is 5,663, a 31.8% decrease compared to January 2021 (8,306) and an 8.2% increase compared to December 2021 (5,236).
“As we approach spring, we’ll keep a close eye on the impact of rising interest rates on buyers’ willingness to buy and on whether more homeowners will opt to become sellers in what’s traditionally the busiest season of the year,” Stewart said. “With home prices reaching new highs in recent months, the need has never been greater for government to collaborate with the building community to expedite the creation of housing supply and provide more choice for those struggling to buy a home today.”
For all property types, the sales-to-active listings ratio for January 2022 is 40.3%. By property type, the ratio is 28% for detached homes, 51.6% for townhomes, and 49.7% for apartments.
Generally, analysts say downward pressure on home prices occurs when the ratio dips below 12% for a sustained period, while home prices often experience upward pressure when it surpasses 20% over several months.
The MLS® Home Price Index composite benchmark price for all residential properties in Metro Vancouver is currently $1,255,200. This represents a 18.5% increase over January 2021 and a two% increase compared to December 2021.
Sales of detached homes in January 2022 reached 622, a 15.9% decrease from the 740 detached sales recorded in January 2021. The benchmark price for a detached home is $1,953,000. This represents a 22.7% increase from January 2021 and a 2.2% increase compared to December 2021.
Sales of apartment homes reached 1,315 in January 2022, a 10% increase compared to the 1,195 sales in January 2021. The benchmark price of an apartment property is $775,700. This represents a 14% increase from January 2021 and a 1.8% increase compared to December 2021.
Attached home sales in January 2022 totalled 348, a 23.3% decrease compared to the 454 sales in January 2021. The benchmark price of an attached home is $1,029,500. This represents a 24.3% increase from January 2021 and a 2.5% increase compared to December 2021.
Source: The Real Estate Board of Greater Vancouver
Posted on
January 7, 2022
by
Kris Hall
Metro Vancouver home sales reached an all-time high in 2021 as housing needs remained a top priority for residents in the second year of the COVID-19 pandemic. The Real Estate Board of Greater Vancouver (REBGV) reports that residential home sales in the region totalled 43,999 in 2021, a 42.2% increase from the 30,944 sales recorded in 2020, a 73.6% increase from the 25,351 homes sold in 2019, and a four% increase over the previous all-time sales record of 42,326 set in 2015. Last year’s sales total was 33.4% above the 10-year sales average.
"Home has been a focus for residents throughout the pandemic. With low interest rates, increased household savings, more flexible work arrangements, and higher home prices than ever before, Metro Vancouverites, in record numbers, are assessing their housing needs and options." - Keith Stewart, REBGV economist
Home listings on the Multiple Listing Service® (MLS®) in Metro Vancouver reached 62,265 in 2021. This is a 14.7% increase compared to the 54,305 homes listed in 2020 and a 19.9% increase compared to the 51,918 homes listed in 2019. Last year’s listings total was 11% above the 10-year average.
“While steady, home listing activity didn't keep pace with the record demand we saw throughout 2021. This imbalance caused residential home prices to rise over the past 12 months,” Stewart said.
The total number of homes currently listed for sale on the MLS® system in Metro Vancouver is 5,236, a 38.7% decrease compared to December 2020 (8,538) and a 26.7% decrease compared to November 2021 (7,144).
“We begin 2022 with just over 5,000 homes for sale across the region. This is the lowest level we’ve seen in more than 30 years,” Stewart said. “With demand at record levels, residents shouldn’t expect home price growth to relent until there’s a more adequate supply of housing available to purchase.”
The MLS® HPI composite benchmark price for all residential properties in Metro Vancouver ends the year at $1,230,200. This is a 17.3% increase compared to December 2020. Both detached home and townhome benchmark prices increased 22% in the region last year, while apartments increased 12.8%.
Looking across Metro Vancouver, Maple Ridge saw the largest increase in benchmark prices at 34.7%, followed by Pitt Meadows (29.8%), and Whistler (27.8%).
Looking at area and property type, detached homes in Pitt Meadows saw the largest benchmark price increase at 42.2%, followed by detached homes (38.5%) and townhomes (35.2%) in Maple Ridge.
REBGV reports that residential home sales in the region totalled 2,688 in December 2021, a 13.1% decrease from the 3,093 sales recorded in December 2020, and a 21.6% decrease from the 3,428 homes sold in November 2021.
Last month’s sales were 33.4% above the 10-year December sales average.
There were 1,945 detached, attached and apartment properties newly listed for sale on the MLS® in Metro Vancouver in December 2021. This represents a 19.3% decrease compared to the 2,409 homes listed in December 2020 and a 50.9% decrease compared to November 2021 when 3,964 homes were listed.
For all property types, the sales-to-active listings ratio for December 2021 is 51.3%. By property type, the ratio is 35.1% for detached homes, 75.6% for townhomes, and 60.8% for apartments.
Generally, analysts say downward pressure on home prices occurs when the ratio dips below 12% for a sustained period, while home prices often experience upward pressure when it surpasses 20% over several months.
Sales of detached homes in December 2021 reached 794, a 22.6% decrease from the 1,026 sales recorded in December 2020. The benchmark price for a detached home is $1,910,200. This represents a 22% increase from December 2020 and a 2.1% increase compared to November 2021.
Sales of apartment homes reached 1,464 in December 2021, a 1.4% decrease compared to the 1,474 sales in December 2020. The benchmark price of an apartment home is $761,800. This represents a 12.8% increase from December 2020 and a 1.2% increase compared to November 2021.
Attached home sales in December 2021 totalled 430, a 27.5% decrease compared to the 593 sales in December 2020. The benchmark price of an attached home is $1,004,900. This represents a 22% increase from December 2020 and a 1.5% increase compared to November 2021.
Source: The Real Estate Board of Greater Vancouver
Posted on
December 10, 2021
by
Kris Hall
As we near the end of 2021, home buyer demand remains well in excess of long-term averages and the supply of homes for sale continues to decline across Metro Vancouver’s* housing market. The Real Estate Board of Greater Vancouver (REBGV) reports that residential home sales in the region totalled 3,428 in November 2021, an 11.9% increase from the 3,064 sales recorded in November 2020, and a 1.9% decrease from the 3,494 homes sold in October 2021. Last month’s sales were 33.6% above the 10-year November sales average.
"We expect home sale totals to end the year at or near an all-time record in our region. We’ve had elevated home sale activity throughout 2021 despite persistently low levels of homes available for sale. With a new year around the corner, it’s critical that this supply crunch remains the focus for addressing the housing affordability challenges in our region." - Keith Stewart, REBGV economist
There were 3,964 detached, attached and apartment properties newly listed for sale on the Multiple Listing Service® (MLS®) in Metro Vancouver in November 2021. This represents a 2.6% decrease compared to the 4,068 homes listed in November 2020 and a 2.1% decrease compared to October 2021 when 4,049 homes were listed.
The total number of homes currently listed for sale on the MLS® system in Metro Vancouver is 7,144, a 35.7% decrease compared to November 2020 (11,118) and a 11.1% decrease compared to October 2021 (8,034).
For all property types, the sales-to-active listings ratio for November 2021 is 48%. By property type, the ratio is 33.8% for detached homes, 74.3% for townhomes, and 53.7% for apartments.
Generally, analysts say downward pressure on home prices occurs when the ratio dips below 12% for a sustained period, while home prices often experience upward pressure when it surpasses 20% over several months.
“The imbalance between supply and demand, coupled with some buyers wanting to use rate holds on lower rate fixed-term mortgages, is keeping upward pressure on home prices in this traditionally quieter time of year for the market,” Stewart said.
The MLS® Home Price Index composite benchmark price for all residential properties in Metro Vancouver is currently $1,211,200. This represents a 16% increase over November 2020 and a one% increase compared to October 2021.
Sales of detached homes in November 2021 reached 987, a seven% decrease from the 1,061 detached sales recorded in November 2020. The benchmark price for a detached home is $1,870,000. This represents a 20.8% increase from November 2020 and a 1.1% increase compared to October 2021.
Sales of apartment homes reached 1,828 in November 2021, a 33.3% increase compared to the 1,371 sales in November 2020. The benchmark price of an apartment home is $752,800. This represents an 11.4% increase from November 2020 and a 0.9% increase compared to October 2021.
Attached home sales in November 2021 totalled 613, a three% decrease compared to the 632 sales in November 2020. The benchmark price of an attached home is $990,300. This represents a 20.2% increase from November 2020 and a 1.6% increase compared to October 2021.
Source: The Real Estate Board of Greater Vancouver
Posted on
November 13, 2021
by
Kris Hall
Home sale activity in Metro Vancouver remained above historical averages in October while the overall supply of homes for sale dipped to levels not seen in three years. The Real Estate Board of Greater Vancouver (REBGV) reports that residential home sales in the region totalled 3,494 in October 2021, a 5.2% decrease from the 3,687 sales recorded in October 2020, and an 11% increase from the 3,149 homes sold in September 2021. Last month’s sales were 22.4% above the 10-year October sales average.
"Home sale activity continues to outpace what’s typical for this time of year and the pool of homes available for sale is in decline. This dynamic between supply and demand is causing home prices to continue to edge up across the region." - Keith Stewart, REBGV economist
There were 4,049 detached, attached and apartment properties newly listed for sale on the Multiple Listing Service® (MLS®) in Metro Vancouver in October 2021. This represents a 27.3% decrease compared to the 5,571 homes listed in October 2020 and a 21.7% decrease compared to September 2021 when 5,171 homes were listed.
The total number of homes currently listed for sale on the MLS® system in Metro Vancouver is 8,034, a 35.3% decrease compared to October 2020 (12,416) and a 13% decrease compared to September 2021 (9,236).
“Rising fixed mortgage rates should eventually help ease demand, but for now sales remain strong and buyers with rate holds will remain motivated to find a property for the rest of the year,” Stewart said.
For all property types, the sales-to-active listings ratio for October 2021 is 43.5%. By property type, the ratio is 33.6% for detached homes, 64.4% for townhomes, and 46.7% for apartments.
Generally, analysts say downward pressure on home prices occurs when the ratio dips below 12% for a sustained period, while home prices often experience upward pressure when it surpasses 20% over several months.
The MLS® Home Price Index composite benchmark price for all residential homes in Metro Vancouver is $1,199,400. This represents a 14.7% increase over October 2020 and a 1.1% increase compared to September 2021.
Sales of detached homes in October 2021 reached 1,090, an 18.4% decrease from the 1,335 detached sales recorded in October 2020. The benchmark price for a detached home is $1,850,500. This represents a 20.5% increase from October 2020 and a 1.2% increase compared to September 2021.
Sales of apartment homes reached 1,801 in October 2021, a 14.7% increase compared to the 1,570 sales in October 2020. The benchmark price of an apartment home is $746,400. This represents a 9.5% increase from October 2020 and a 1.1% increase compared to September 2021.
Attached home sales in October 2021 totalled 603, a 22.9% decrease compared to the 782 sales in October 2020. The benchmark price of an attached home is $975,000. This represents an 18.5% increase from October 2020 and a 1.2% increase compared to September 2021.
Source: The Real Estate Board of Greater Vancouver
Posted on
October 19, 2021
by
Amalia Liapis
I have sold a property at 2755 27TH AVE E in Vancouver.
EXPANSIVE downtown and mountain views!! 4 bedroom / 2 bathroom home in tranquil residential neighborhood with stunning views from NE side of property. Open layout and large principal rooms. Main floor includes two bedrooms, one bathroom and below is 2 bedrooms and 1 bathroom finished suite with private entrance. Large back patio and carport. Centrally located and just blocks from skytrain, Norquay Elementary, Slocan Park and more. Huge redevelopment potential with VIEWS!
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|
Current Demand
|
Custom Built
|
Custom Home
|
Days on Market
|
December 2018
|
December 2020
|
Declaration
|
Decor
|
Demand
|
Demolition
|
Detached Home
|
Detached Homes
|
Detached Properties
|
Development
|
Dispute
|
DIY
|
Downpayment
|
Downtown
|
Downtown Eastside
|
Downtown NW
|
Downtown NW, New Westminster Real Estate
|
Downtown Vancouver
|
Downtown VE, Vancouver East Real Estate
|
Downtown VW, Vancouver West Real Estate
|
DTES
|
Dunbar
|
Dunbar, Vancouver West Real Estate
|
Duplex
|
East Hastings
|
East Pender
|
East Vancouver
|
Eastside
|
Economic
|
Economic Growth
|
Economics
|
Economy
|
Employment
|
Empty Homes Declaration
|
Empty Homes Tax
|
Energy
|
Energy Efficient
|
Entrepreneur
|
Environmentally Friendly
|
Equity
|
Fairview VW, Vancouver West Real Estate
|
False Creek
|
False Creek, Vancouver West Real Estate
|
Family
|
February Statistics
|
Federal Government
|
Finance
|
Financial
|
Financial Market
|
Financial Outlook
|
financing
|
First Nations
|
First Time Buyer
|
First Time Home Buyerr
|
First-Time Buyer
|
Fiscal Policy
|
Fitness Studio
|
For Lease
|
For Sale
|
forecast
|
Foreign Activity
|
Foreign Buyers Tax
|
Foreign Tax
|
Forest Glen BS, Burnaby South Real Estate
|
Fraser Valley
|
Fraser VE
|
Fraser VE, Vancouver East Real Estate
|
Gastown
|
GDP
|
Gentrification
|
Glenayre, Port Moody Real Estate
|
Global
|
Government
|
Government Sites
|
Grants
|
Greater Vancouver
|
Green
|
Gym
|
Hastings
|
Hastings Crossing
|
Hastings, Vancouver East Real Estate
|
Heritage
|
Heritage Building
|
Hidden Costs
|
Historic Chinatown
|
Home
|
Home Decor
|
Home Owner Grant
|
Home Price Index
|
Home Prices
|
Home Problems
|
Home Renovation
|
Home Sales
|
Home Upgrade
|
Homebuying
|
Homeowner
|
Homeowner Tips
|
House
|
House For Sale
|
Housing
|
Housing Afforability
|
Housing Affordability
|
Housing Demand
|
Housing Forecast
|
Housing Market
|
Housing Statistics
|
Housing Stats
|
Housing Trends
|
Housing Update
|
HPI
|
HST
|
Increasing Value
|
Industrial
|
Inexpensive
|
Inflation
|
Inflation Control
|
Insurance
|
Interest
|
Interest Free
|
Interest Rate
|
Interest Rates
|
International
|
Investment
|
investments
|
Justin Trudeau
|
Kensington Gardens
|
Kensington Heights
|
Kerrisdale, Vancouver West Real Estate
|
Killarney
|
King Edward
|
Kingsway
|
Kitsilano
|
Kitsilano, Vancouver West Real Estate
|
Kiwassa
|
Knight, Vancouver East Real Estate
|
Land
|
Land Redevelopment
|
Land Sales
|
Laneway House
|
Lease
|
Lease Agreements
|
Leased Space
|
Leasehold Property
|
Leasing
|
Legal
|
Legislation
|
Listing
|
Listings
|
Loan
|
Loan Program
|
Location
|
Lower Lonsdale, North Vancouver Real Estate
|
Lower Mainland
|
Luxury Home
|
Luxury Market
|
Lynn Valley, North Vancouver Real Estate
|
Main Street
|
Main, Vancouver East Real Estate
|
Management
|
Manufacturing
|
March 2021
|
Marine Way
|
Market
|
Market Demand
|
Market Statistics
|
Market Stats
|
market trends
|
Marpole, Vancouver West Real Estate
|
McNair, Richmond Real Estate
|
Metro Vancouver
|
Metro Vancouver Housing
|
Metrotown
|
Metrotown, Burnaby South Real Estate
|
Ministry of Finance
|
Mixed-Use
|
Mixed-Use Complex
|
MLS
|
MLS Listings
|
MLS Stats
|
Monetary Policy
|
Money Savings
|
mortgage
|
Mortgage Rate
|
Mortgage Rates
|
Mount Pleasant
|
Mount Pleasant VE, Vancouver East Real Estate
|
Mount Pleasant VW, Vancouver West Real Estate
|
Multi-Family
|
Multi-Use
|
National Housing Strategy
|
Neighbourhood
|
Neighbourhood Project
|
New Business
|
New Development
|
New Home
|
New Listing
|
New West
|
New Westminster
|
New Year
|
November 2020
|
Oakridge
|
October 2020
|
Office
|
Office Project
|
Office Space
|
Offshore
|
Olympic Village
|
Online Tribunal
|
Open House
|
Open Space
|
Otter District, Langley Real Estate
|
Partnership
|
Point Grey
|
Point Grey, Vancouver West Real Estate
|
Port Moody Centre, Port Moody Real Estate
|
Portfolio
|
Price Gap
|
Price Trends
|
Prices
|
Professional Business
|
Projections
|
Property
|
Property Management
|
Property Owners
|
Property Taxes
|
Property Transfer Tax
|
Purchase
|
QuadReal
|
Queens, West Vancouver Real Estate
|
Quilchena
|
Quilchena, Vancouver West Real Estate
|
Railtown
|
Real Estate
|
Real Estate Pricing
|
Real Estate Sales
|
Rebates
|
REBGV
|
REBGV Report
|
Recycle
|
Redevelopment
|
Regulations
|
Renfrew
|
Renfrew Heights
|
Renfrew Heights, Vancouver East Real Estate
|
Renovated
|
Renovation
|
Renovations
|
Rental
|
Report
|
Residential
|
Residential Building
|
Residential Sales
|
Restaurant
|
Restrictions
|
Retail
|
Retail Level
|
Retail Sales
|
Retail Space
|
River District
|
Sale
|
Sales
|
Sales Forecasts
|
Sales Report
|
Salmon River, Langley Real Estate
|
Savings
|
Selling
|
Sentinel Hill, West Vancouver Real Estate
|
Sequel 138
|
Shaughnessy
|
Silk Building
|
Silver Valley, Maple Ridge Real Estate
|
Single Family
|
Single Storey
|
South Burnaby
|
South Granville
|
South Granville, Vancouver West Real Estate
|
South Vancouver
|
South Vancouver, Vancouver East Real Estate
|
Southeast Vancouver
|
Southlands, Vancouver West Real Estate
|
Speculation Tax
|
Squamish
|
Statis
|
Statistics
|
Stats
|
strata
|
Strata Owner
|
Strathcona
|
Streetfront
|
Streetfront Retail
|
Stress Test
|
Suburbs
|
Summer
|
Sunnyside Park Surrey, South Surrey White Rock Real Estate
|
Supply
|
Surrey
|
Survey
|
Tax Savings
|
Taxes
|
Tech Space
|
Tenant
|
Tofino Real Estate
|
Townhome
|
Townhomes
|
Townhouse
|
Transit
|
Two Storey
|
Unit Sales
|
University VW, Vancouver West Real Estate
|
Update
|
Upgrades
|
Vacancy Tax
|
Value
|
Vancouver
|
Vancouver East
|
Vancouver Housing
|
Vancouver Property Values
|
Vancouver Real Estate
|
Vancouver West
|
Vancouver West Real Estate
|
Vancouver]
|
Victoria
|
Victoria VE, Vancouver East Real Estate
|
Views
|
Water View
|
Waterfront
|
WeRentVancouver
|
West End
|
West End VW, Vancouver West Real Estate
|
West Vancouver
|
West Vancouver Real Estate
|
Westbank
|
Westender
|
Westside
|
Whistler
|
Willoughby Heights, Langley Real Estate
|
Yaletown
|
Yaletown, Vancouver West Real Estate
|
YVR
|
Zoning
|