The Real Estate Board of Greater Vancouver (REBGV) is a realtor association with more than 14,000 Realtors who live and work in cities from Whistler to Tsawwassen and everywhere in between.
GVREB also regularly publishes Vancouver real estate statistics.
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About Vancouver Housing Market
Vancouver housing market consists of three smaller housing markets based on the property type: Detached House, Townhouse, and Apartments/Condos.
Generally, analysts say downward pressure on home prices occurs when the ratio dips below 12 percent for a sustained period. In comparison, home prices often experience upward pressure when it surpasses 20 percent over several months.
The supply and demand are very different for each of the property types. Below you will find important Vancouver real estate stats. If you have any questions about the stats in this blog, please contact me.
