{"id":1338,"date":"2021-12-07T10:45:00","date_gmt":"2021-12-07T18:45:00","guid":{"rendered":"https:\/\/rodrhearyan.com\/blog\/rod-rhea-ryan-hayes-neighbourhood-mary-hill-vancouver-detached-single-family-condo-sales-supply-down-stock-sellers-market-increase-price-median-ensuite-2021\/"},"modified":"2026-04-08T09:24:08","modified_gmt":"2026-04-08T16:24:08","slug":"rod-rhea-ryan-hayes-neighbourhood-mary-hill-vancouver-detached-single-family-condo-sales-supply-down-stock-sellers-market-increase-price-median-ensuite-2021","status":"publish","type":"post","link":"https:\/\/www.rodrhearyan.com\/blog\/rod-rhea-ryan-hayes-neighbourhood-mary-hill-vancouver-detached-single-family-condo-sales-supply-down-stock-sellers-market-increase-price-median-ensuite-2021\/","title":{"rendered":"Home sales activity up, listings down across Metro Vancouver (via REBGV)"},"content":{"rendered":"<p style=\"text-align: center;\"><span style=\"font-size: 14px;\"><span id=\"page2186R_mcid6\" class=\"markedContent\"><span style=\"left: 479.383px; top: 343.294px; font-family: sans-serif; transform: scaleX(0.893485);\" dir=\"ltr\">As we near the end of 2021, home buyer demand <\/span><br \/><span style=\"left: 120.042px; top: 365.794px; font-family: sans-serif; transform: scaleX(0.911813);\" dir=\"ltr\">remains well in excess of long<\/span><span style=\"left: 362.667px; top: 365.794px; font-family: sans-serif;\" dir=\"ltr\">&#8211;<\/span><span style=\"left: 369.333px; top: 365.794px; font-family: sans-serif; transform: scaleX(0.904386);\" dir=\"ltr\">term <\/span><span style=\"left: 411px; top: 365.794px; font-family: sans-serif; transform: scaleX(0.889562);\" dir=\"ltr\">averages and the supply of homes for sale continues to <\/span><br \/><span style=\"left: 120.042px; top: 387.878px; font-family: sans-serif; transform: scaleX(0.9125);\" dir=\"ltr\">decline across Metro Vancouver&rsquo;s<\/span><span style=\"left: 393.5px; top: 387.878px; font-family: sans-serif;\" dir=\"ltr\">*<\/span><span style=\"left: 408.5px; top: 387.878px; font-family: sans-serif; transform: scaleX(0.903933);\" dir=\"ltr\">housing market.<\/span><\/span><span id=\"page2186R_mcid7\" class=\"markedContent\"><br \/><\/span><span id=\"page2186R_mcid8\" class=\"markedContent\"><br \/><span style=\"left: 120.042px; top: 432.044px; font-family: sans-serif; transform: scaleX(0.911264);\" dir=\"ltr\">The Real Estate Board of Greater Vancouver (REBGV) reports that residential <\/span><span style=\"left: 754.917px; top: 432.044px; font-family: sans-serif; transform: scaleX(0.88482);\" dir=\"ltr\">home<\/span><span style=\"left: 804.083px; top: 432.044px; font-family: sans-serif; transform: scaleX(0.880899);\" dir=\"ltr\">sales in the <\/span><br \/><span style=\"left: 120.042px; top: 454.161px; font-family: sans-serif; transform: scaleX(0.92003);\" dir=\"ltr\">region totalled <\/span><span style=\"left: 240.917px; top: 454.161px; font-family: sans-serif; transform: scaleX(0.898204);\" dir=\"ltr\">3,428<\/span><span style=\"left: 290.967px; top: 454.161px; font-family: sans-serif; transform: scaleX(0.966246);\" dir=\"ltr\">in <\/span><span style=\"left: 311.383px; top: 454.161px; font-family: sans-serif; transform: scaleX(0.91571);\" dir=\"ltr\">November<\/span><span style=\"left: 401px; top: 454.161px; font-family: sans-serif; transform: scaleX(0.898204);\" dir=\"ltr\">2021<\/span><span style=\"left: 441px; top: 454.161px; font-family: sans-serif; transform: scaleX(0.865868);\" dir=\"ltr\">, an <\/span><span style=\"left: 474.8px; top: 454.161px; font-family: sans-serif; transform: scaleX(0.934164);\" dir=\"ltr\">11.9<\/span><span style=\"left: 514.8px; top: 454.161px; font-family: sans-serif; transform: scaleX(0.882581);\" dir=\"ltr\">per cent<\/span><span style=\"left: 583.583px; top: 454.161px; font-family: sans-serif; transform: scaleX(0.86602);\" dir=\"ltr\">increase<\/span><span style=\"left: 654.05px; top: 454.161px; font-family: sans-serif; transform: scaleX(0.927848);\" dir=\"ltr\">from the <\/span><span style=\"left: 727.367px; top: 454.161px; font-family: sans-serif; transform: scaleX(0.898204);\" dir=\"ltr\">3,064<\/span><span style=\"left: 777.417px; top: 454.161px; font-family: sans-serif; transform: scaleX(0.867333);\" dir=\"ltr\">sales recorded <\/span><br \/><span style=\"left: 120.042px; top: 476.244px; font-family: sans-serif; transform: scaleX(0.966246);\" dir=\"ltr\">in <\/span><span style=\"left: 140.458px; top: 476.244px; font-family: sans-serif; transform: scaleX(0.911376);\" dir=\"ltr\">November<\/span><span style=\"left: 229.667px; top: 476.244px; font-family: sans-serif; transform: scaleX(0.898204);\" dir=\"ltr\">2020<\/span><span style=\"left: 269.717px; top: 476.244px; font-family: sans-serif; transform: scaleX(0.873054);\" dir=\"ltr\">, and <\/span><span style=\"left: 313.883px; top: 476.244px; font-family: sans-serif; transform: scaleX(0.815569);\" dir=\"ltr\">a <\/span><span style=\"left: 327.633px; top: 476.244px; font-family: sans-serif; transform: scaleX(0.898204);\" dir=\"ltr\">1.9<\/span><span style=\"left: 357.667px; top: 476.244px; font-family: sans-serif; transform: scaleX(0.882157);\" dir=\"ltr\">per cent <\/span><span style=\"left: 426.417px; top: 476.244px; font-family: sans-serif; transform: scaleX(0.835628);\" dir=\"ltr\">decrease<\/span><span style=\"left: 500.217px; top: 476.244px; font-family: sans-serif; transform: scaleX(0.927848);\" dir=\"ltr\">from the <\/span><span style=\"left: 573.583px; top: 476.244px; font-family: sans-serif; transform: scaleX(0.898204);\" dir=\"ltr\">3,494<\/span><span style=\"left: 623.583px; top: 476.244px; font-family: sans-serif; transform: scaleX(0.897408);\" dir=\"ltr\">homes sold in<\/span><span style=\"left: 739.45px; top: 476.244px; font-family: sans-serif; transform: scaleX(0.90618);\" dir=\"ltr\">October<\/span><span style=\"left: 809.083px; top: 476.244px; font-family: sans-serif; transform: scaleX(0.898204);\" dir=\"ltr\">2021<\/span><span style=\"left: 849.133px; top: 476.244px; font-family: sans-serif;\" dir=\"ltr\">.<\/span><\/span><span id=\"page2186R_mcid9\" class=\"markedContent\"><br \/><\/span><span id=\"page2186R_mcid10\" class=\"markedContent\"><br \/><span style=\"left: 120.042px; top: 520.828px; font-family: sans-serif; transform: scaleX(0.897635);\" dir=\"ltr\">Last month&rsquo;s sales were <\/span><span style=\"left: 317.633px; top: 520.828px; font-family: sans-serif; transform: scaleX(0.898204);\" dir=\"ltr\">33.6<\/span><span style=\"left: 357.667px; top: 520.828px; font-family: sans-serif; transform: scaleX(0.885903);\" dir=\"ltr\">per cent abov<\/span><span style=\"left: 465.217px; top: 520.828px; font-family: sans-serif;\" dir=\"ltr\">e<\/span><span style=\"left: 479.383px; top: 520.828px; font-family: sans-serif; transform: scaleX(0.883114);\" dir=\"ltr\">the 10<\/span><span style=\"left: 528.55px; top: 520.828px; font-family: sans-serif;\" dir=\"ltr\">&#8211;<\/span><span style=\"left: 535.217px; top: 520.828px; font-family: sans-serif; transform: scaleX(0.888539);\" dir=\"ltr\">year <\/span><span style=\"left: 574.833px; top: 520.828px; font-family: sans-serif; transform: scaleX(0.911376);\" dir=\"ltr\">November<\/span><span style=\"left: 664.033px; top: 520.828px; font-family: sans-serif; transform: scaleX(0.853828);\" dir=\"ltr\">sales average.<\/span><\/span><span id=\"page2186R_mcid11\" class=\"markedContent\"><br \/><\/span><span id=\"page2186R_mcid12\" class=\"markedContent\"><br \/><span style=\"left: 120.042px; top: 564.994px; font-family: sans-serif; transform: scaleX(0.896991);\" dir=\"ltr\">&ldquo;We expect home sale totals to end the <\/span><span style=\"left: 436.417px; top: 564.994px; font-family: sans-serif; transform: scaleX(0.892157);\" dir=\"ltr\">year at or near an all<\/span><span style=\"left: 600.25px; top: 564.994px; font-family: sans-serif;\" dir=\"ltr\">&#8211;<\/span><span style=\"left: 607.333px; top: 564.994px; font-family: sans-serif; transform: scaleX(0.936761);\" dir=\"ltr\">time record in our region,&rdquo; Keith <\/span><br \/><span style=\"left: 120.042px; top: 587.111px; font-family: sans-serif; transform: scaleX(0.898084);\" dir=\"ltr\">Stewart<\/span><span style=\"left: 180.917px; top: 587.111px; font-family: sans-serif;\" dir=\"ltr\">,<\/span><span style=\"left: 190.917px; top: 587.111px; font-family: sans-serif; transform: scaleX(0.915419);\" dir=\"ltr\">REBGV economist said. &ldquo;We&rsquo;ve had elevated home sale activity throughout 2021 <\/span><br \/><span style=\"left: 120.042px; top: 609.194px; font-family: sans-serif; transform: scaleX(0.907146);\" dir=\"ltr\">despite persistently low levels of homes available for sale. With a new year around the corner, <\/span><br \/><span style=\"left: 120.042px; top: 631.278px; font-family: sans-serif; transform: scaleX(0.961237);\" dir=\"ltr\">it&rsquo;s critical tha<\/span><span style=\"left: 235.5px; top: 631.278px; font-family: sans-serif; transform: scaleX(0.91291);\" dir=\"ltr\">t this supply crunch remains the focus for addressing the housing affordability <\/span><br \/><span style=\"left: 120.042px; top: 653.778px; font-family: sans-serif; transform: scaleX(0.917977);\" dir=\"ltr\">challenges in our region.&rdquo;<\/span><\/span><span id=\"page2186R_mcid13\" class=\"markedContent\"><br \/><\/span><span id=\"page2186R_mcid14\" class=\"markedContent\"><br \/><span style=\"left: 120.042px; top: 697.944px; font-family: sans-serif; transform: scaleX(0.889139);\" dir=\"ltr\">There were <\/span><span style=\"left: 215.083px; top: 697.944px; font-family: sans-serif;\" dir=\"ltr\">3<\/span><span style=\"left: 225.083px; top: 697.944px; font-family: sans-serif;\" dir=\"ltr\">,<\/span><span style=\"left: 230.083px; top: 697.944px; font-family: sans-serif; transform: scaleX(0.898204);\" dir=\"ltr\">964 <\/span><span style=\"left: 265.133px; top: 697.944px; font-family: sans-serif; transform: scaleX(0.892715);\" dir=\"ltr\">detached, attached and apartment properties newly listed for sale on the <\/span><br \/><span style=\"left: 120.042px; top: 720.078px; font-family: sans-serif; transform: scaleX(0.958323);\" dir=\"ltr\">Multiple Listing Service&reg; (MLS&reg;) in Metro Vancouver in <\/span><span style=\"left: 598.167px; top: 720.078px; font-family: sans-serif; transform: scaleX(0.971696);\" dir=\"ltr\">Nov<\/span><span style=\"left: 632.75px; top: 720.078px; font-family: sans-serif; transform: scaleX(0.873561);\" dir=\"ltr\">ember<\/span><span style=\"left: 687.383px; top: 720.078px; font-family: sans-serif; transform: scaleX(0.898204);\" dir=\"ltr\">2021<\/span><span style=\"left: 727.367px; top: 720.078px; font-family: sans-serif; transform: scaleX(0.877471);\" dir=\"ltr\">. This represents a <\/span><br \/><span style=\"left: 120.042px; top: 742.161px; font-family: sans-serif; transform: scaleX(0.898204);\" dir=\"ltr\">2.6<\/span><span style=\"left: 150.083px; top: 742.161px; font-family: sans-serif; transform: scaleX(0.877022);\" dir=\"ltr\">per cent <\/span><span style=\"left: 218.417px; top: 742.161px; font-family: sans-serif; transform: scaleX(0.838225);\" dir=\"ltr\">decrease <\/span><span style=\"left: 292.633px; top: 742.161px; font-family: sans-serif; transform: scaleX(0.889816);\" dir=\"ltr\">compared to the <\/span><span style=\"left: 426.417px; top: 742.161px; font-family: sans-serif; transform: scaleX(0.898204);\" dir=\"ltr\">4,068<\/span><span style=\"left: 476.467px; top: 742.161px; font-family: sans-serif; transform: scaleX(0.907552);\" dir=\"ltr\">homes listed in <\/span><span style=\"left: 602.75px; top: 742.161px; font-family: sans-serif; transform: scaleX(0.911376);\" dir=\"ltr\">November<\/span><span style=\"left: 691.95px; top: 742.161px; font-family: sans-serif; transform: scaleX(0.898204);\" dir=\"ltr\">2020<\/span><span style=\"left: 737.367px; top: 742.161px; font-family: sans-serif; transform: scaleX(0.852934);\" dir=\"ltr\">and a <\/span><span style=\"left: 784.917px; top: 742.161px; font-family: sans-serif; transform: scaleX(0.898204);\" dir=\"ltr\">2.1<\/span><span style=\"left: 814.917px; top: 742.161px; font-family: sans-serif; transform: scaleX(0.882157);\" dir=\"ltr\">per cent <\/span><br \/><span style=\"left: 120.042px; top: 764.244px; font-family: sans-serif; transform: scaleX(0.833675);\" dir=\"ltr\">decrease <\/span><span style=\"left: 193.417px; top: 764.244px; font-family: sans-serif; transform: scaleX(0.894779);\" dir=\"ltr\">compared to <\/span><span style=\"left: 298.05px; top: 764.244px; font-family: sans-serif; transform: scaleX(0.900562);\" dir=\"ltr\">October<\/span><span style=\"left: 367.25px; top: 764.244px; font-family: sans-serif; transform: scaleX(0.898204);\" dir=\"ltr\">2021<\/span><span style=\"left: 412.25px; top: 764.244px; font-family: sans-serif; transform: scaleX(0.904494);\" dir=\"ltr\">when <\/span><span style=\"left: 460.633px; top: 764.244px; font-family: sans-serif; transform: scaleX(0.898204);\" dir=\"ltr\">4,049<\/span><span style=\"left: 510.633px; top: 764.244px; font-family: sans-serif; transform: scaleX(0.895984);\" dir=\"ltr\">homes were listed.<\/span><\/span><\/span><\/p>\n<p style=\"text-align: center;\"><span class=\"markedContent\" style=\"font-size: 14px;\"><span style=\"left: 510.633px; top: 764.244px; font-family: sans-serif; transform: scaleX(0.895984);\" dir=\"ltr\">&nbsp;<\/span><\/span><\/p>\n<h3 style=\"text-align: center;\"><span class=\"markedContent\"><span style=\"left: 510.633px; top: 764.244px; font-size: 20px; font-family: sans-serif; transform: scaleX(0.895984);\" dir=\"ltr\"><span style=\"font-size: 14px;\"><a href=\"http:\/\/members.rebgv.org\/news\/REBGV-Stats-Pkg-November-2021.pdf?_cldee=aGF5ZXNAcm9kcmhlYXJ5YW4uY29t&amp;recipientid=contact-a0e74a360f77e811a95c000d3af49c44-c7b5ea16848945338e85bafe2388bf05&amp;utm_source=ClickDimensions&amp;utm_medium=email&amp;utm_campaign=Member%20Update&amp;esid=a6c8337e-c752-ec11-8f8e-0022486dc855\">For More Information: CLICK HERE<\/a><\/span><br \/><\/span><\/span><\/h3>\n","protected":false},"excerpt":{"rendered":"<p>As we near the end of 2021, home buyer demand remains well in excess of long&#8211;term averages and the supply of homes for sale continues to &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-1338","post","type-post","status-publish","format-standard","hentry","category-news"],"aioseo_notices":[],"aioseo_head":"\n\t\t<!-- All in One SEO 4.9.10 - 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