Demand for land helped commercial real estate sales and dollar volume reach five-year highs in the Lower Mainland in 2016, according to data from Commercial Edge, a commercial real estate system operated by the Real Estate Board of Greater Vancouver (REBGV).
Reluctance amongst Metro Vancouver* home sellers is impacting sale and price activity throughout the region’s housing market.
Home sales and listings trends are below long-term averages in the Metro Vancouver* housing market. This is due largely to reduced activity in the detached home market.
The Metro Vancouver* housing market had its third highest selling year on record in 2016, behind only 2015 and 2005.
More than 30,000 Lower Mainland residents will receive blankets and warm clothing this winter thanks to donations collected during the 22nd annual REALTORS Care® Blanket Drive.