Bandel & Associates

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Market News & Blog Updates

Here is what's happening in Vancouver's housing market.

For immediate release

Housing Market Faces High Rates
and Slowing Economy in 2023

BCREA 2022 Fourth Quarter Housing Forecast

Vancouver, BC – November 8, 2022. The British Columbia Real Estate Association (BCREA) released its 2022 Fourth Quarter Housing Forecast today. 

Multiple Listing Service® (MLS®) residential sales in BC are forecast to decline 34.4 per cent from a record high 2021 to 82,345 units this year. In 2023, MLS® residential sales are forecast to fall an additional 11.4 per cent to 72,960 units.  
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Metro Vancouver home sales set a record in 2021

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...

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Great time to list your home!... Listings are in demand throughout Vancouver.
 
Call us today for a no obligation evaluation of your property.
 
Gabe & Doron, 
604.788.1885
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SEPT 24, 2021.


People have migrated to Real Estate over the past year, but the market looks to be leveling out after a crazy Spring. Still, we are well above PRE-Covid levels.


The new pardigm of workers  (only some) able to work from home is not going to completely dissappear, even after we get past...

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The data relating to real estate on this website comes in part from the MLS® Reciprocity program of either the Real Estate Board of Greater Vancouver (REBGV), the Fraser Valley Real Estate Board (FVREB) or the Chilliwack and District Real Estate Board (CADREB). Real estate listings held by participating real estate firms are marked with the MLS® logo and detailed information about the listing includes the name of the listing agent. This representation is based in whole or part on data generated by either the REBGV, the FVREB or the CADREB which assumes no responsibility for its accuracy. The materials contained on this page may not be reproduced without the express written consent of either the REBGV, the FVREB or the CADREB.