{"id":1269,"date":"2022-05-05T11:00:00","date_gmt":"2022-05-05T18:00:00","guid":{"rendered":"https:\/\/rodrhearyan.com\/blog\/rod-rhea-ryan-hayes-neighbourhood-mary-hill-port-coquitlam-buying-sales-vancouver-detached-townhouse-family-yard-fenced-ensuite-kitchen-rental-realtor-royal-lepage-sterling-market-historic-price-stock\/"},"modified":"2026-04-08T09:24:04","modified_gmt":"2026-04-08T16:24:04","slug":"rod-rhea-ryan-hayes-neighbourhood-mary-hill-port-coquitlam-buying-sales-vancouver-detached-townhouse-family-yard-fenced-ensuite-kitchen-rental-realtor-royal-lepage-sterling-market-historic-price-stock","status":"publish","type":"post","link":"https:\/\/www.rodrhearyan.com\/blog\/rod-rhea-ryan-hayes-neighbourhood-mary-hill-port-coquitlam-buying-sales-vancouver-detached-townhouse-family-yard-fenced-ensuite-kitchen-rental-realtor-royal-lepage-sterling-market-historic-price-stock\/","title":{"rendered":"Metro Vancouver home sales return to more traditional levels in April (via REBGV)"},"content":{"rendered":"<p><span style=\"font-size: 14px;\"><span id=\"page2198R_mcid21\" class=\"markedContent\"><span style=\"left: 416.617px; top: 349px; font-family: serif; transform: scaleX(1.00474);\" dir=\"ltr\"> Home buyer demand in Metro Vancouver* returned to <\/span><span style=\"left: 120px; top: 372px; font-family: serif; transform: scaleX(0.999927);\" dir=\"ltr\">more historically typical levels in April. <\/span><span style=\"left: 120px; top: 418px; font-family: serif; transform: scaleX(1.00304);\" dir=\"ltr\">The Real Estate Board of Greater Vancouver (REBGV) reports that residential home sales in the <\/span><span style=\"left: 120px; top: 441px; font-family: serif; transform: scaleX(0.999836);\" dir=\"ltr\">region totalled 3,232 in April 2022, a 34.1 per cent decrease from the 4,908 sales recorded in <\/span><span style=\"left: 120px; top: 464px; font-family: serif; transform: scaleX(0.99997);\" dir=\"ltr\">April 2021, and a 25.6 per cent decrease from the 4,344 homes sold in March 2022.<\/span><\/span><span id=\"page2198R_mcid21\" class=\"markedContent\"><\/span><\/span><\/p>\n<p><span style=\"font-size: 14px;\"><span id=\"page2198R_mcid21\" class=\"markedContent\"><br \/><span style=\"left: 120px; top: 510px; font-family: serif; transform: scaleX(1.00184);\" dir=\"ltr\">Last month&rsquo;s sales were 1.5 per cent above the 10-year April sales average. <\/span><span style=\"left: 120px; top: 556px; font-family: serif; transform: scaleX(0.999864);\" dir=\"ltr\">&ldquo;So far this spring, we&rsquo;ve seen home sales ease down from the record-breaking pace of the last <\/span><span style=\"left: 120px; top: 579px; font-family: serif; transform: scaleX(1.00098);\" dir=\"ltr\">year,&rdquo; Daniel John, REBGV Chair said. &ldquo;While a small sample size, the return to a more <\/span><span style=\"left: 120px; top: 602px; font-family: serif; transform: scaleX(0.999862);\" dir=\"ltr\">traditional pace of home sales that we&rsquo;ve experienced over the last two months provides hopeful <\/span><span style=\"left: 120px; top: 625px; font-family: serif; transform: scaleX(0.999975);\" dir=\"ltr\">home buyers more time to make decisions, secure financing and perform other due diligence <\/span><span style=\"left: 120px; top: 648px; font-family: serif; transform: scaleX(1.00061);\" dir=\"ltr\">such as home inspections.&rdquo;<\/span><br \/><\/span><\/span><\/p>\n<p><span style=\"font-size: 14px;\"><span id=\"page2198R_mcid21\" class=\"markedContent\"><span style=\"left: 120px; top: 694px; font-family: serif; transform: scaleX(0.99967);\" dir=\"ltr\">There were 6,107 detached, attached and apartment properties newly listed for sale on the <\/span><span style=\"left: 120px; top: 717px; font-family: serif; transform: scaleX(1.00281);\" dir=\"ltr\">Multiple Listing Service&reg; (MLS&reg;) in Metro Vancouver in April 2022. This represents a 23.1 <\/span><span style=\"left: 120px; top: 740px; font-family: serif; transform: scaleX(0.999868);\" dir=\"ltr\">per cent decrease compared to the 7,938 homes listed in April 2021 and an 8.5 per cent decrease <\/span><span style=\"left: 120px; top: 763px; font-family: serif; transform: scaleX(1.00041);\" dir=\"ltr\">compared to March 2022 when 6,673 homes were listed. <\/span><span style=\"left: 120px; top: 809px; font-family: serif; transform: scaleX(1.00282);\" dir=\"ltr\">The total number of homes currently listed for sale on the MLS&reg; system in Metro Vancouver is <\/span><span style=\"left: 120px; top: 832px; font-family: serif; transform: scaleX(0.999922);\" dir=\"ltr\">8,796, a 14.1 per cent decrease compared to April 2021 (10,245) and a 15.3 per cent increase <\/span><span style=\"left: 120px; top: 855px; font-family: serif; transform: scaleX(0.999562);\" dir=\"ltr\">compared to March 2022 (7,628).<\/span><\/span><\/span><\/p>\n<p><span style=\"font-size: 14px;\"><span id=\"page2198R_mcid21\" class=\"markedContent\"><br \/><span style=\"left: 120px; top: 901px; font-family: serif; transform: scaleX(1.00351);\" dir=\"ltr\">&ldquo;With interest rates climbing and the total inventory of homes for sale inching higher, it&rsquo;s <\/span><span style=\"left: 120px; top: 924px; font-family: serif; transform: scaleX(1.00021);\" dir=\"ltr\">important to work with your local Realtor to understand how these factors could affect your <\/span><span style=\"left: 120px; top: 947px; font-family: serif; transform: scaleX(0.999421);\" dir=\"ltr\">home buying or selling situation<\/span><span style=\"left: 378.727px; top: 947px; font-family: serif;\" dir=\"ltr\">,<\/span><span style=\"left: 383.727px; top: 947px; font-family: serif; transform: scaleX(0.997052);\" dir=\"ltr\">&rdquo; John said. <\/span><span style=\"left: 120px; top: 993px; font-family: serif; transform: scaleX(0.999612);\" dir=\"ltr\">For all property types, the sales-to-active listings ratio for April 2022 is 36.7 per cent. By<\/span><br \/><span style=\"left: 120px; top: 1016px; font-family: serif; transform: scaleX(0.999813);\" dir=\"ltr\">property type, the ratio is 25.3 per cent for detached homes, 47.1 per cent for townhomes, and 45 <\/span><span style=\"left: 120px; top: 1039px; font-family: serif; transform: scaleX(0.999315);\" dir=\"ltr\">per cent for apartments<\/span><\/span>.<\/span><\/p>\n<p><span style=\"font-size: 14px;\">&nbsp;<\/span><\/p>\n<p><span style=\"font-size: 14px;\">&nbsp;<\/span><\/p>\n<p><span style=\"font-size: 14px;\">&nbsp;<\/span><\/p>\n<p style=\"text-align: center;\"><span style=\"font-size: 14px;\"><a href=\"https:\/\/members.rebgv.org\/news\/REBGV-Stats-Pkg-April-2022.pdf?_cldee=mmxx2dFHQJKiZeikYyjrXDrhrHgX2rNB_ZzJIJhpHugbKOeFzwESB5ouHXNl-Nz4&amp;recipientid=contact-a0e74a360f77e811a95c000d3af49c44-ec05683809c542319d3a26d64af0480c&amp;utm_source=ClickDimensions&amp;utm_medium=email&amp;utm_campaign=Member%20Update&amp;esid=67dfbf44-30ca-ec11-a7b5-0022486ddbfd\">For More Information: CLICK HERE<\/a><br \/><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Home buyer demand in Metro Vancouver* returned to more historically typical levels in April. The Real Estate Board of Greater Vancouver (REBGV) reports that residential home &hellip;<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[7],"tags":[],"class_list":["post-1269","post","type-post","status-publish","format-standard","hentry","category-news"],"aioseo_notices":[],"aioseo_head":"\n\t\t<!-- All in One SEO 4.9.10 - aioseo.com -->\n\t<meta name=\"description\" content=\"Home buyer demand in Metro Vancouver* returned to more historically typical levels in April. 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