{"id":1282,"date":"2022-04-08T11:15:00","date_gmt":"2022-04-08T18:15:00","guid":{"rendered":"https:\/\/rodrhearyan.com\/blog\/rod-rhea-ryan-hayes-neighbourhood-mary-hill-vancouver-detached-single-family-condo-sales-supply-stock-increase-sellers-buyers-market-timing-increase-price-median-demand-ensuite-spring-profit\/"},"modified":"2026-04-08T09:24:04","modified_gmt":"2026-04-08T16:24:04","slug":"rod-rhea-ryan-hayes-neighbourhood-mary-hill-vancouver-detached-single-family-condo-sales-supply-stock-increase-sellers-buyers-market-timing-increase-price-median-demand-ensuite-spring-profit","status":"publish","type":"post","link":"https:\/\/www.rodrhearyan.com\/blog\/rod-rhea-ryan-hayes-neighbourhood-mary-hill-vancouver-detached-single-family-condo-sales-supply-stock-increase-sellers-buyers-market-timing-increase-price-median-demand-ensuite-spring-profit\/","title":{"rendered":"Calmer Than Last Spring\u2019s Record Pace (via REBGV)"},"content":{"rendered":"

Metro Vancouver<\/span>home <\/span>buyer demand remains elevated <\/span><\/span><\/span><\/p>\n

<\/span>While down from <\/span>last year’s record numbers<\/span>, home sale <\/span>activity in Metro <\/span>Vancouver’s* housing market remained elevated in March. <\/span><\/span><\/span>The Real Estate Board of Greater Vancouver (REBGV) reports that residential <\/span>home <\/span>sales in the <\/span>region totalled <\/span>4<\/span>,<\/span>344 <\/span>in <\/span>March 2022<\/span>, a <\/span>23.9<\/span>percent decrease from the <\/span>5,708 <\/span>sales recorded in <\/span>March 2021<\/span>, and <\/span>a <\/span>26.9 <\/span>percent <\/span>increase <\/span>from the <\/span>3,424 <\/span>homes sold in <\/span>February 2022<\/span>. <\/span><\/span><\/span>Last month’s sales were <\/span>25.5 <\/span>percent <\/span>a<\/span>bove the 10<\/span>–<\/span>year <\/span>March <\/span>sales average.<\/span><\/span><\/span>
<\/span><\/span><\/p>\n

“March of 2021 was the highest selling month in our history. This year’s activity, while still <\/span>elevated, is happening at a calmer pace than we experienced 12 months ago,” Daniel John, <\/span>REBGV Chair said. “Home buyers are keeping a close eye on rising interest rates<\/span>,<\/span>hoping to <\/span>make a move before their locked<\/span>–<\/span>in rates expire.” <\/span><\/span><\/span><\/p>\n

<\/span>There were <\/span>6,673 <\/span>detached<\/span>, attached and apartment properties newly listed for sale on the <\/span>Multiple Listing Service® (MLS®) in Metro Vancouver in <\/span>March 2022<\/span>. This represents a <\/span>19.5 <\/span>percent <\/span>d<\/span>ecrease <\/span>compared to the <\/span>8,287 <\/span>homes listed in <\/span>March 2021<\/span>and a <\/span>22 <\/span>percent <\/span>increase <\/span>compare<\/span>d to <\/span>February 2022 <\/span>when <\/span>5,471 <\/span>homes were listed. <\/span><\/span><\/span>The total number of <\/span>homes <\/span>currently listed for sale on the MLS® system in Metro Vancouver is <\/span>7<\/span>,<\/span>628<\/span>, a<\/span>16.6 <\/span>percent <\/span>decrease <\/span>compared to <\/span>March 2021<\/span>(<\/span>9<\/span>,<\/span>145<\/span>) and a <\/span>13.1 <\/span>percent <\/span>increase <\/span>compared to <\/span>February <\/span>2022<\/span>(<\/span>6,742<\/span>)<\/span><\/span><\/span><\/p>\n

 <\/span><\/span><\/span><\/p>\n

For More Information: CLICK HERE<\/a>
<\/span><\/span><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"

Metro Vancouverhome buyer demand remains elevated While down from last year’s record numbers, home sale activity in Metro Vancouver’s* housing market remained elevated in March. The …<\/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-1282","post","type-post","status-publish","format-standard","hentry","category-news"],"aioseo_notices":[],"aioseo_head":"\n\t\t\n\t\n\t\n\t\n\t\n\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t