2020 turned out to be a year that no one could have predicted, and that certainly rings true for Vancouver’s real estate industry. 

"Another record-setting month in October with over 6000 MLS sales transactions across Greater Vancouver and the Fraser Valley along with strong absorptions in the presale ma

In 2017, the Cambie Street Corridor was one of the hottest pre-sale markets in the Lower Mainland. Like all other parts of the housing market over the past 24 months, both demand and supply have pulled back.  In our analysis, we uncovere

"Momentum continued into September with record setting resale activity in some categories and many buyers opting for space further and further away from the Vancouver CBD.

"Activity remained strong in August including promising absorption of concrete product.

"Sales volumes remain steady within presale as townhomes continue to outperform and the economy recovers.” Suzana Goncalves EVP, SALES AND MARKETING; PARTNER, MLA CANADA

In the long term, Vancouver housing prices are heading one way — up.

"We remain optimistic about growing sales activity and stable pricing and don’t expect to see any drop in activity as we historically often do during Summer.

"Sales volumes remain low overall and consumers need additional time to adapt to the new reality as we re-open the economy.

"The market momentum created in Q1 was clearly impacted as expected with April stats taking a dramatic slide down from March last month as well as April 2019.