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Vancouver Real Estate Market update, December 2021:

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 sales in the region totalled ...

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Vancouver Real Estate Market Update, November 2021

Home sales activity remains up, listings down across Metro Vancouver’s housing market As we near the end of 2021, home buyer demand remains well in excess of long-term averages and the supply of homes for sale continues to decline across Metro Vancouver’s housing market. The Real Estate Board of Greater Vancouver (REBGV) reports ...

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Vancouver Real Estate Market Update, October 2021

Metro Vancouver home buyers compete for fewer home listings in October Home sale activity in Metro Vancouver remained above historical averages in October while the overall supply of homes for sale dipped to levels not seen in three years. The Real Estate Board of Greater Vancouver (REBGV) reports that residential home sales ...

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Commercial Real Estate market update, October 2021

Lower Mainland’s commercial real estate market sees strong activity in the second quarter of 2021 The increased activity seen in the Lower Mainland’s commercial real estate market in the beginning of 2021 carried into the second quarter (Q2) of the year. There were 726 commercial real estate sales in the Lower Mainland ...

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Understanding Property Tax and Assessments in Canada

What is property tax? Property tax is paid by landowners and funds municipalities’ public services, such as emergency services (fire, police, and paramedic), public schools, parks and trails, as well as road and sewer maintenance. The property tax is set based on the percentage of the market value of a given ...

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Vancouver Real Estate Market Update, September 2021

Elevated home sale activity continues to outstrip the supply of homes for sale in Metro Vancouver  Home sale activity remains elevated across Metro Vancouver’s housing market while the pace of homes being listed for sale continues to follow long-term averages. The Real Estate Board of Greater Vancouver (REBGV) reports that residential home sales ...

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Vancouver Real Estate Market Update, August 2021

Summer sees home listing supply decline across Metro Vancouver While home buyers have remained active in Metro Vancouver throughout the summer, the supply of homes for sale has declined steadily since June. The Real Estate Board of Greater Vancouver (REBGV) reports that residential home sales in the region totalled 3,152 in August 2021, ...

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Vancouver Real Estate Market Update, July 2021

Steady sales reduced listings and virtually unchanged home prices in July Metro Vancouver’s housing market saw more moderate sales, listings and pricing trends in July compared to the heightened activity experienced throughout much of the pandemic. The Real Estate Board of Greater Vancouver (REBGV) reports that residential home sales in the region ...

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Vancouver Real Estate Market Update June 2021

  While still elevated, home sale and listing activity in Metro Vancouver* has eased back from the record-setting pace seen in March and April of this year. The Real Estate Board of Greater Vancouver (REBGV) reports that residential home sales in the region totalled 3,762 in June 2021, a 54 per cent ...

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Vancouver Real Estate Market Update, May 2021

Home sale and listing activity in Metro Vancouver moves off of its record-breaking pace The Metro Vancouver housing market saw steady home sale and listing activity in May, a shift back from the record-breaking activity seen in the earlier spring months. The Real Estate Board of Greater Vancouver (REBGV) reports that residential ...

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