INFOGRAPHICS: February 2019 REBGV Greater Vancouver Market Reports

INFOGRAPHICS: February 2019 REBGV Greater Vancouver Market Reports

Spring Forward! It’s time for our monthly housing market stats for areas covered by the Real Estate Board of Greater Vancouver (REBGV)!

According to REBGV’s latest release, the Metro Vancouver housing market saw increased supply from home sellers and below average demand from home buyers in February, and last month’s sales were 42.5% below the 10-year February sales average.

The total number of homes currently listed for sale on the MLS® system in Metro Vancouver is 11,590, a 48.2% increase compared to February 2018 (7,822) and a 7.2% increase compared to January 2019 (10,808).

For all property types, the sales-to-active listings ratio for February 2019 is 12.8%.

REBGV President Phil Moore notes,

“For much of the past four years, we’ve been in a sellers’ market. Conditions have shifted over the last 12 months to favour buyers, particularly in the detached home market. This means that home buyers face less competition today, have more selection to choose from and more time to make their decisions.

Homes priced well for today’s market are attracting interest, however, buyers are choosing to take a wait-and-see approach for the time being. REALTORS® continue to experience more traffic at open houses. We’ll see if this trend leads to increased sales activity during the spring market.”



 




The following data is a comparison between February 2018 and February 2019 numbers, and is current as of March 2019. For last month’s update, you can check out our previous post for January 2019 data.

Or follow this link for all our REBGV Infographics!

These infographics cover current trends in North Vancouver, West Vancouver, Vancouver East, and Vancouver West.

Click on the images for a larger view!

(Protip: Make sure to grab the printable PDF versions, too! It fits best when printed on A4-sized sheets, AND we’ve added an area on the sheet where you can attach your business card!


Download Printable Version – REBGV February 2019 Data Infographics





(Image Source: REBGV.org)

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I have listed a new property at 706 620 SEVENTH AVE in New Westminster.
GREAT VALUE! GREAT LOCATION! Charter House, a concrete hi-rise on the heart of Uptown New Westminster. This bright & spacious 2 bedroom/2 bathroom corner unit has an efficient layout with no wasted space and large principal rooms that will accommodate house sized furniture. Freshly painted & carpeted, this is the perfect opportunity to do as little or as much as you want to make this home your own. A covered balcony, lots of in-suite storage plus a storage locker and secured parking, combined with great amenities..... indoor pool, sauna, rec room, exercise room and more.... make this one you don't want to miss! Maintenance fee includes heat and hot water. Sorry no pets or rentals. Showing by appointment only.
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Please visit our Open House at 502 710 CHILCO ST in Vancouver.
Open House on Friday, March 8, 2019 10:00AM - 12:00PM Refreshments served.
ABSOLUTELY MOVE-IN READY! Live in a bright, thoughtfully re-imagined 759 SF open concept 1 bedroom apartment in an iconic concrete building. Updates include new kitchen w/ quartz counters, bathroom with walk-in shower, gleaming hardwood floors and in-suite laundry. Breathtaking views of Lost Lagoon and Stanley Park, with wonderful vistas of the North Shore Mountains and English Bay in the distance. The common roof top deck only adds to this amazing setting. Designated parking (1), storage locker, bike room and ample visitor parking. Two blocks from Denman restaurants, shopping, transit and more. This is an adult oriented equity co-op (35% down). No pets or rentals. No Smoking building. Maintenance fee includes taxes, heat and hot water.
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Please visit our Open House at 1508 821 CAMBIE ST in Vancouver.
OPEN HOUSE: Sunday 2-4
Open and bright corner unit at Raffles is a must see! Immaculate 1 bedroom & den plus flex space features floor to ceiling windows that take full advantage of the city & water views, covered balcony, and gourmet kitchen with integrated fridge, Miele oven & cooktop, dishwasher and polished granite counters. The kitchen even has a window. The den, with city and mountain views, has custom built-ins. Set up the desk and use it as an office or pull out the bed and you have a guest room! The spa like bathroom has a glassed-in shower, soaker tub, and floating vanity with stone counters and undermount lighting. All this and great amenities ... gym, hot tub, garden terrace and playground. Fantastic Downtown location close to Yaletown. Open House Saturday March 10 2-4 pm
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Please visit our Open House at 1508 821 CAMBIE ST in Vancouver.
Open House on Sunday, March 10, 2019 2:00PM - 4:00PM
Open and bright corner unit at Raffles is a must see! Immaculate 1 bedroom & den plus flex space features floor to ceiling windows that take full advantage of the city & water views, covered balcony, and gourmet kitchen with integrated fridge, Miele oven & cooktop, dishwasher and polished granite counters. The kitchen even has a window. The den, with city and mountain views, has custom built-ins. Set up the desk and use it as an office or pull out the bed and you have a guest room! The spa like bathroom has a glassed-in shower, soaker tub, and floating vanity with stone counters and undermount lighting. All this and great amenities ... gym, hot tub, garden terrace and playground. Fantastic Downtown location close to Yaletown. Open House Saturday March 10 2-4 pm
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Please visit our Open House at 502 710 CHILCO ST in Vancouver.
OPEN HOUSE: Friday 10-12noon
ABSOLUTELY MOVE-IN READY! Live in a bright, thoughtfully re-imagined 759 SF open concept 1 bedroom apartment in an iconic concrete building. Updates include new kitchen w/ quartz counters, bathroom with walk-in shower, gleaming hardwood floors and in-suite laundry. Breathtaking views of Lost Lagoon and Stanley Park, with wonderful vistas of the North Shore Mountains and English Bay in the distance. The common roof top deck only adds to this amazing setting. Designated parking (1), storage locker, bike room and ample visitor parking. Two blocks from Denman restaurants, shopping, transit and more. This is an adult oriented equity co-op (35% down). No pets or rentals. No Smoking building. Maintenance fee includes taxes, heat and hot water.
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I have listed a new property at 1508 821 CAMBIE ST in Vancouver.
Open and bright corner unit at Raffles is a must see! Immaculate 1 bedroom & den plus flex space features floor to ceiling windows that take full advantage of the city & water views, covered balcony, and gourmet kitchen with integrated fridge, Miele oven & cooktop, dishwasher and polished granite counters. The kitchen even has a window. The den, with city and mountain views, has custom built-ins. Set up the desk and use it as an office or pull out the bed and you have a guest room! The spa like bathroom has a glassed-in shower, soaker tub, and floating vanity with stone counters and undermount lighting. All this and great amenities ... gym, hot tub, garden terrace and playground. Fantastic Downtown location close to Yaletown. Open House Saturday March 2 2-4 pm
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Please visit our Open House at 1508 821 CAMBIE ST in Vancouver.
Open House on Friday, March 1, 2019 10:30AM - 12:00PM
Open and bright corner unit at Raffles is a must see! Immaculate 1 bedroom & den plus flex space features floor to ceiling windows that take full advantage of the city & water views, covered balcony, and gourmet kitchen with integrated fridge, Miele oven & cooktop, dishwasher and polished granite counters. The kitchen even has a window. The den, with city and mountain views, has custom built-ins. Set up the desk and use it as an office or pull out the bed and you have a guest room! The spa like bathroom has a glassed-in shower, soaker tub, and floating vanity with stone counters and undermount lighting. All this and great amenities ... gym, hot tub, garden terrace and playground. Fantastic Downtown location close to Yaletown. Open House Saturday March 2 2-4 pm
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Please visit our Open House at 1508 821 CAMBIE ST in Vancouver.
Open House on Saturday, March 2, 2019 2:00PM - 4:00PM
Open and bright corner unit at Raffles is a must see! Immaculate 1 bedroom & den plus flex space features floor to ceiling windows that take full advantage of the city & water views, covered balcony, and gourmet kitchen with integrated fridge, Miele oven & cooktop, dishwasher and polished granite counters. The kitchen even has a window. The den, with city and mountain views, has custom built-ins. Set up the desk and use it as an office or pull out the bed and you have a guest room! The spa like bathroom has a glassed-in shower, soaker tub, and floating vanity with stone counters and undermount lighting. All this and great amenities ... gym, hot tub, garden terrace and playground. Fantastic Downtown location close to Yaletown. Open House Saturday March 2 2-4 pm
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I have sold a property at 24 1925 INDIAN RIVER CRES in North Vancouver.
Welcome to Windermere, a quiet, adult oriented (19+), gated community. Perfect for downsizers, this end unit townhouse offers a kitchen with eating area, separate dining room, large entertainment sized living room with vaulted ceilings and gas fireplace, bedroom (or den) and laundry room, all on the main level. Upstairs is the large master bedroom with walk-in closet and ensuite and a second bedroom also with an ensuite. Enjoy the 2 wonderful outdoor spaces... a patio off the kitchen perfect for barbecuing or morning coffee and a large south facing patio off the living room. Close to shopping, rec centre, hiking trails and transportation. This one has it all! Open House Cancelled.
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I have sold a property at 11 15550 89 AVE in Surrey.
Move quickly on this popular Barkerville 3 level, 3 bedroom, 3 bathroom townhouse. New carpet and paint make this home inviting and move-in ready. MAIN FLOOR features a large kitchen with eating area, combined living & dining room with gas fireplace & sliding doors opening onto a large west facing deck. UPPER FLOOR has a master with ensuite and two additional bedrooms. LOWER LEVEL has a family room, fourth bedroom or office, complete with bathroom, as well as an attached single garage with room for storage. A child's play area is just across the driveway and there's lots of visitor parking. The complex is centrally located close to shops, schools and transit. Max 3 pets-dogs and/or cats.
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I have sold a property at 2748 22ND AVE W in Vancouver.
Prime Arbutus location. Build your dream home on this level 33 x 122 lot with south facing backyard in a quite family neighborhood. Garage in back with lane access. Walking distance to parks, shops, restaurants and transit. School catchments: Trafalgar Elementary and Prince of Wales Secondary. Solid older home in mainly original condition. Note:5 ft COV right-of-way on east side of lot.
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I have sold a property at 407 6026 TISDALL ST in Vancouver.
Prime location!! Bright 2 bedroom corner unit in mid-century concrete hi-rise. With gleaming hardwood floors throughout, large principal rooms and your decorating ideas......you'll have a very special home. Steps to Oakridge Shopping Centre, Canada Line, buses and all amenitites. Adult oriented building, minimum 35% down payment required. No pets or rentals permitted. Non-smoking building. Taxes and cable included in maintenance fee.
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I have sold a property at 206 1633 11TH AVE W in Vancouver.
SPACIOUS AND BRIGHT 2 BEDROOM/2 BATHROOM CORNER UNIT IN PRIME SOUTH GRANVILLE. The superb layout with large rooms features a wood burning fireplace, in-suite laundry, large balcony and wheel chair accessibility. Recent updates include laminate flooring, appliances and paint. Fantastic, central location close to transit, and the shopping, theatres and restaurants along Granville and Broadway. One small dog or 2 cats allowed. Age 19+ to occupy. Parking and storage included.
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I have sold a property at 2486 13TH AVE W in Vancouver.
WONDERFULLY MAINTAINED HOME IN THE HEART OF KITS! Situated on a 50x125 ft south facing lot, the beautifully landscaped gardens perfectly frame this well-loved character home. Main floor features large living room with gas fireplace, formal dining room, kitchen/family room, den & master bedroom. The kitchen is a chef's dream with Dacor, Miele, Wolf & Amana appliances. Upstairs are 2 generously sized bedrooms and downstairs is fully finished with another bedroom with kitchenette, office (or bedroom) & recroom. Every inch of this home has been put to use in the best possible way...no lack of storage here. With Kits Community Centre, Connaught Park, shops, restaurants & some of Vancouver's finest schools so close by, this is the perfect family home!
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I have sold a property at 102 1950 11TH AVE E in Vancouver.
This is a GEM! With a fenced yard and large patio ideal for pets, kids, gardeners and entertainers alike, this large two bedroom and two bathroom unit has a great open plan with a gas fireplace and laminate floors. The suite includes washer/dryer hook-ups (strata approved), lots of closet space, 1 parking and a storage locker. Great central location, just steps to Skytrain, restaurants, pubs, groceries, and everything great that Commercial Drive has to offer...also walking distance to Trout Lake and one of Vancouver's best farmers market. Perfect opportunity to do as little or as much as you want to make this home your own!
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I have sold a property at 304 8775 CARTIER ST in Vancouver.
GREAT VALUE! GREAT LOCATION! Cartier House at 72nd and Cartier. This bright one bedroom has an efficient layout with no wasted space and a large open balcony overlooking Marpole Park...a serene treed outlook! In mainly original, but well-kept condition, this is the perfect opportunity to do as little or as much as you want to make this home your own. Cartier House is a well maintained building with a friendly, community-oriented strata. A hidden gem, conveniently located just a few blocks from transit and the shops and restaurants on Granville, you won't want to miss! Maintenance fee includes heat and hot water. Parking and storage included. Sorry no pets and rentals are limited.
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I have sold a property at 416 8180 JONES RD in Richmond.
Laguna - TOP FLOOR, 2BR, 2 BTH, 932 SQFT! This highly desirable East-facing unit features an extremely functional layout with generously sized rooms and semi-open kitchen. High ceilings provide an open and spacious feel; gas fireplace for cozy living; in suite laundry and easy access to the elevator. Covered balcony provides quiet space for outdoor enjoyment. Building is well managed and maintained, with a long-time on-site manager/caretaker. Great amenities include gym, Jacuzzi and lounge. Prime location close to shops, transit and schools. Pets and rentals allowed.
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I have sold a property at 1762 15TH AVE W in Vancouver.
RARE OPPORTUNITY TO OWN A HALF DUPLEX ON A VERY SPECIAL STREET! Located on the South side of the street, facing Granville Park, is this well cared for side-by-side half duplex. Spacious 2 bedrooms plus den and 2.5 bath on 2 levels. The main floor features generously sized living room with gas fireplace and 9' ceilings, dining room and kitchen that opens onto a private South facing patio. The perfect layout for entertaining. Upstairs is the large master with ensuite, 2nd bedroom and den with gas fireplace. Amazing location close to the tennis club, transit and shops on Granville. This is what you have been waiting for...don't delay! Call for your private viewing.
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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.