A snapshot of Greater Vancouver’s real estate market as of June 2019.
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Housing supply is up, home sales and prices are down in June.
With home buyer demand below long-term historical averages in June, the supply of homes for sale continued to accumulate in Metro Vancouver*.
The Real Estate Board of Greater Vancouver (REBGV) reports that residential home sales in the region totalled 2,077 in June 2019, a 14.4 per cent decrease from the 2,425 sales recorded in June 2018 and a 21.3 per cent decrease from the 2,638 homes sold in May 2019.
Last month’s sales were 34.7 per cent below the 10-year June sales average. This is the lowest total for the month since 2000.
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Cities included the housing markets stats in this report are Coquitlam, Port Moody, Port Coquitlam, Burnaby, New Westminster, Pitt Meadows and Maple Ridge.
To receive stats for a particular neighbourhood or for the Fraser Valley or Metro Vancouver or have questions about real estate, contact myself Krista Lapp a Coquitlam Realtor.