{"id":1538,"date":"2020-11-06T09:15:00","date_gmt":"2020-11-06T17:15:00","guid":{"rendered":"https:\/\/rodrhearyan.com\/blog\/realtor-mary-hill-citadel-rod-and-rhea-hayes-ryan-real-estate-neighbourhood-real-estate-royal-lepage-sterling-strong-market-breakdown-sales-increase-prices-fall-buyers-stand-alone-detached\/"},"modified":"2026-04-08T09:24:27","modified_gmt":"2026-04-08T16:24:27","slug":"realtor-mary-hill-citadel-rod-and-rhea-hayes-ryan-real-estate-neighbourhood-real-estate-royal-lepage-sterling-strong-market-breakdown-sales-increase-prices-fall-buyers-stand-alone-detached","status":"publish","type":"post","link":"https:\/\/www.rodrhearyan.com\/blog\/realtor-mary-hill-citadel-rod-and-rhea-hayes-ryan-real-estate-neighbourhood-real-estate-royal-lepage-sterling-strong-market-breakdown-sales-increase-prices-fall-buyers-stand-alone-detached\/","title":{"rendered":"Home sale and listing resurgence extends into the fall (via REBGV)"},"content":{"rendered":"

The Real Estate Board of Greater Vancouver (REBGV) reports that residential home<\/span> sales in the <\/span>region totalled 3,687 in October 2020, a<\/span> 29 per cent <\/span>increase from the 2,858 sales recorded in <\/span>October 2019, and <\/span>a 1.2 <\/span>per cent increase from the 3,643 homes sold in<\/span> September 2020.<\/span>Last month’s sales were <\/span>34.7 per cent above the 10<\/span>-year <\/span>October<\/span> sales average and stands as the <\/span>second<\/span>-highest total on record for the month<\/span><\/p>\n

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The MLS® Home Price Index composite benchmark price for all residential properties in Metro <\/span>Vancouver is currently $1,045,100. This represents a six<\/span> per cent increase<\/span> over Oc<\/span>tober 2019 <\/span>and a 0.4 per cent <\/span>increase compared to September 20<\/span>20.<\/span><\/span><\/p>\n

Sales of detached homes<\/span> in October 2020 reached <\/span>1,335, a 42.3 per <\/span>cent increase <\/span>from the 938 <\/span>detached sales recorded in October 2019. The benchmark price for <\/span>a detached home<\/span> is <\/span>$1,523,800. This represents a<\/span>n 8.5 per cent increase from October 2019 and<\/span> a 1.1 per cent <\/span>increase compared to September 2020.<\/span><\/span><\/p>\n

Sales of apartment homes<\/span> reached 1,570 in October 2020, a 13.4 per cent<\/span> increase compared to <\/span>the 1,384 sales in October 2019. The benchmark<\/span> price of an apartment property is $683,500. <\/span>This represents a 4.4 per cent <\/span>increase from October 2019 and is unchan<\/span>ged<\/span> compared to <\/span>September 2020.<\/span><\/span><\/p>\n

Attached home<\/span> sales in October 2020 totalled 782, a 45.9 per cent<\/span> increase compared to the 536 <\/span>sales in<\/span> Oct<\/span>ober 2019. The benchmark price of an attached home<\/span> is $<\/span>813,000. This represents a <\/span>5.4 per cent increase from October 2019 and a <\/span>0.4 per cent increase compared to September <\/span>2020.<\/span><\/span><\/p>\n

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\"Image\"<\/p>\n","protected":false},"excerpt":{"rendered":"

The Real Estate Board of Greater Vancouver (REBGV) reports that residential home sales in the region totalled 3,687 in October 2020, a 29 per cent increase …<\/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-1538","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