Summary June featured an array of positive indicators for the Greater Vancouver real estate market There was a significant increase in home sales in June compared to May 2020 The median price for both homes and apartments continues to increase year-over-year Sales and listings of detached homes increased by 10% and 16% year-over-year respectively, suggesting […]
Summary: The median sold price of detached homes in Metro Vancouver dropped 3% from pre-COVID (Jan 1 – Mar 15) to post-COVID (Mar 16 – May 31); but increased by 0.3% since April A decline in median assessed value and average size of detached homes from pre- to post COVID suggests buyers’ are showing a […]
COVID-19 forced up to 10% drop in Median Sale Price of Detached Homes in Greater Vancouver, according to a new data report by Roomvu and UBC Economist, Tom Davidoff Vancouver, BC, Canada – May 27, 2020 — The current COVID-19 COVID-19 hit Greater Vancouver’s real estate market hard, with sales activity virtually disappearing overnight starting […]
