{"id":1477,"date":"2021-02-08T09:30:00","date_gmt":"2021-02-08T17:30:00","guid":{"rendered":"https:\/\/rodrhearyan.com\/blog\/rod-rhea-ryan-hayes-neighbourhood-realtor-mary-hill-port-coquitlam-royal-lepage-sterling-tri-city-sellers-market-pricing-sales-days-on-market-profit-increase-bedrooms-ensuite-2021-trend-money\/"},"modified":"2026-04-08T09:24:10","modified_gmt":"2026-04-08T16:24:10","slug":"rod-rhea-ryan-hayes-neighbourhood-realtor-mary-hill-port-coquitlam-royal-lepage-sterling-tri-city-sellers-market-pricing-sales-days-on-market-profit-increase-bedrooms-ensuite-2021-trend-money","status":"publish","type":"post","link":"https:\/\/www.rodrhearyan.com\/blog\/rod-rhea-ryan-hayes-neighbourhood-realtor-mary-hill-port-coquitlam-royal-lepage-sterling-tri-city-sellers-market-pricing-sales-days-on-market-profit-increase-bedrooms-ensuite-2021-trend-money\/","title":{"rendered":"Home buyer demand remains elevated across Metro Vancouver&#8211;Sellers Market&#8211;(via REBGV)"},"content":{"rendered":"<div class=\"text parbase\">\n<p>In the first month of 2021, Metro Vancouver&rsquo;s* housing market&nbsp;continued&nbsp;the pattern set at&nbsp;the end of last year with home sale activity outpacing the supply of homes&nbsp;listed&nbsp;for sale.<\/p>\n<p>The Real Estate Board of Greater Vancouver (REBGV) reports that residential&nbsp;home&nbsp;sales in the region totalled&nbsp;2,389&nbsp;in&nbsp;January 2021, a&nbsp;52.1&nbsp;per cent increase from the&nbsp;1,571&nbsp;sales recorded in&nbsp;January 2020, and&nbsp;a&nbsp;22.8&nbsp;per cent&nbsp;decrease&nbsp;from the&nbsp;3,093&nbsp;homes sold in&nbsp;December 2020.<\/p>\n<p>Last month&rsquo;s sales were&nbsp;36.4&nbsp;per cent above the 10-year&nbsp;January&nbsp;sales average.<\/p>\n<\/div>\n<div class=\"quote-text\">\n<div class=\"quote\" style=\"text-align: center;\">&#8220;With home sale activity well above our January average, the supply of homes for sale isn&rsquo;t able to keep pace. This is causing increased competition amongst home buyers and upward pressure on prices. &#8221;<\/p>\n<div class=\"quote-speaker\">&nbsp;<\/div>\n<div class=\"quote-speaker\">Colette Gerber, REBGV Chair<\/div>\n<\/div>\n<\/div>\n<p>There were&nbsp;4,480&nbsp;detached, attached and apartment properties newly listed for sale on the Multiple Listing Service&reg; (MLS&reg;) in Metro Vancouver in&nbsp;January 2021. This represents a&nbsp;15.7&nbsp;per cent&nbsp;increase&nbsp;compared to the&nbsp;3,872&nbsp;homes listed in&nbsp;January 2020&nbsp;and an&nbsp;86&nbsp;per cent&nbsp;increase&nbsp;compared to&nbsp;December 2020&nbsp;when&nbsp;2,409&nbsp;homes were listed.<\/p>\n<p>The total number of&nbsp;homes&nbsp;currently listed for sale on the MLS&reg; system in Metro Vancouver is&nbsp;8,306, a&nbsp;3.6&nbsp;per cent&nbsp;decrease&nbsp;compared to&nbsp;January 2020&nbsp;(8,617) and a&nbsp;2.7&nbsp;per cent&nbsp;decrease&nbsp;compared to&nbsp;December 2020&nbsp;(8,538).<\/p>\n<p><img decoding=\"async\" src=\"https:\/\/rodrhearyan.com\/blog\/wp-content\/uploads\/2026\/04\/snap.jpg\" alt=\"snap\" \/><\/p>\n<p>&nbsp;<\/p>\n<h4 style=\"text-align: center;\"><a href=\"https:\/\/www.rebgv.org\/market-watch\/monthly-market-report\/january-2021.html\">For More Information: CLICK HERE<\/a><\/h4>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>In the first month of 2021, Metro Vancouver&rsquo;s* housing market&nbsp;continued&nbsp;the pattern set at&nbsp;the end of last year with home sale activity outpacing the supply of homes&nbsp;listed&nbsp;for &hellip;<\/p>\n","protected":false},"author":2,"featured_media":2414,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[7],"tags":[],"class_list":["post-1477","post","type-post","status-publish","format-standard","has-post-thumbnail","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=\"In the first month of 2021, Metro Vancouver\u2019s* housing market continued the pattern set at the end of last year with home sale activity outpacing the supply of homes listed for sale. 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