{"id":1547,"date":"2020-10-23T09:00:00","date_gmt":"2020-10-23T16:00:00","guid":{"rendered":"https:\/\/rodrhearyan.com\/blog\/realtor-mary-hill-citadel-rod-and-rhea-hayes-ryan-real-estate-neighbourhood-real-estate-royal-lepage-sterling-market-increase-price-sale-strong-covid-2020\/"},"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-market-increase-price-sale-strong-covid-2020","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-market-increase-price-sale-strong-covid-2020\/","title":{"rendered":"Prices are going up again. What does this mean for the future of Vancouver&#8217;s housing market? (via Vancouver Sun)"},"content":{"rendered":"<p style=\"text-align: center;\">The Vancouver real estate industry reported another month of higher sales and prices in September and continues to defy dire predictions of a pandemic-induced downturn.<\/p>\n<p style=\"text-align: center;\">But some analysts point out fragile aspects of the market, such as a rising condo inventory and falling condo prices.<\/p>\n<p style=\"text-align: center;\">The number of real estate sales in B.C. year-over-year in September increased 63 per cent. The average residential price in B.C. increased by 15.3 per cent compared to last year, and set a monthly record of $803,210. Total sales dollar volume in August increased 88 per cent compared to last year, according to the B.C. Real Estate Association, which represents real estate agents&#8230;<\/p>\n<p style=\"text-align: center;\">&nbsp;<\/p>\n<p style=\"text-align: center;\">&nbsp;<\/p>\n<p style=\"text-align: center;\"><span class=\"caption\">Rising condo inventory is one of the main risks to Metro&#8217;s real estate market.<\/span> <span class=\"credit\">Photo by Arlen Redekop<\/span> \/<span class=\"distributor\">PNG<\/span><\/p>\n<p style=\"text-align: center;\"><span class=\"distributor\">&nbsp;<\/span><\/p>\n<h3 style=\"text-align: center;\"><span class=\"distributor\"><a href=\"https:\/\/vancouversun.com\/business\/real-estate\/prices-are-going-up-again-what-does-this-mean-for-the-future-of-vancouvers-housing-market\">For More Information: CLICK HERE<\/a><br \/><\/span><\/h3>\n<p style=\"text-align: center;\">&nbsp;<\/p>\n<p style=\"text-align: center;\">&nbsp;<\/p>\n<p style=\"text-align: center;\">&nbsp;<\/p>\n<p style=\"text-align: center;\">&nbsp;<\/p>\n<p style=\"text-align: center;\">&nbsp;<\/p>\n<p style=\"text-align: center;\">&nbsp;<\/p>\n<p style=\"text-align: center;\">&nbsp;<\/p>\n<p style=\"text-align: center;\">&nbsp;<\/p>\n<p style=\"text-align: center;\">&nbsp;<\/p>\n<p style=\"text-align: center;\">&nbsp;<\/p>\n<p style=\"text-align: center;\">&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Vancouver real estate industry reported another month of higher sales and prices in September and continues to defy dire predictions of a pandemic-induced downturn. But &hellip;<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[11],"tags":[],"class_list":["post-1547","post","type-post","status-publish","format-standard","hentry","category-leisure"],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/www.rodrhearyan.com\/blog\/wp-json\/wp\/v2\/posts\/1547","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.rodrhearyan.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.rodrhearyan.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.rodrhearyan.com\/blog\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.rodrhearyan.com\/blog\/wp-json\/wp\/v2\/comments?post=1547"}],"version-history":[{"count":1,"href":"https:\/\/www.rodrhearyan.com\/blog\/wp-json\/wp\/v2\/posts\/1547\/revisions"}],"predecessor-version":[{"id":3278,"href":"https:\/\/www.rodrhearyan.com\/blog\/wp-json\/wp\/v2\/posts\/1547\/revisions\/3278"}],"wp:attachment":[{"href":"https:\/\/www.rodrhearyan.com\/blog\/wp-json\/wp\/v2\/media?parent=1547"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.rodrhearyan.com\/blog\/wp-json\/wp\/v2\/categories?post=1547"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.rodrhearyan.com\/blog\/wp-json\/wp\/v2\/tags?post=1547"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}