{"id":1647,"date":"2020-06-07T10:30:00","date_gmt":"2020-06-07T17:30:00","guid":{"rendered":"https:\/\/rodrhearyan.com\/blog\/realtor-mary-hill-citadel-rod-and-rhea-hayes-ryan-real-estate-neighbourhood-royal-lepage-sterling-metro-vancouver-statistics-may-price-recovery-covid-social-distace\/"},"modified":"2026-04-08T09:24:30","modified_gmt":"2026-04-08T16:24:30","slug":"realtor-mary-hill-citadel-rod-and-rhea-hayes-ryan-real-estate-neighbourhood-royal-lepage-sterling-metro-vancouver-statistics-may-price-recovery-covid-social-distace","status":"publish","type":"post","link":"https:\/\/www.rodrhearyan.com\/blog\/realtor-mary-hill-citadel-rod-and-rhea-hayes-ryan-real-estate-neighbourhood-royal-lepage-sterling-metro-vancouver-statistics-may-price-recovery-covid-social-distace\/","title":{"rendered":"Metro Vancouver Market Highlights MAY 2020 (via REBGV)"},"content":{"rendered":"<div class=\"text parbase\">\n<p style=\"text-align: center;\">Metro Vancouver* home prices have remained steady since provincial health officials implemented physical distancing requirements in March.<\/p>\n<p style=\"text-align: center;\">The Real Estate Board of Greater Vancouver (REBGV) reports that the MLS&reg; Home Price Index<sup>1<\/sup> composite benchmark price for all residential properties in Metro Vancouver today is $1,028,400. This is virtually unchanged from April 2020, a 1.4 per cent increase over the last three months, and a 2.9 per cent increase compared to May 2019.<\/p>\n<p style=\"text-align: center;\">Residential home sales in the region totalled 1,485 in May 2020, a 43.7 per cent decrease from the 2,638 sales recorded in May 2019 and a 33.9 per cent increase from the 1,109 homes sold in April 2020.<\/p>\n<p style=\"text-align: center;\">Last month&rsquo;s sales were 54.4 per cent below the 10-year May sales average.<\/p>\n<p style=\"text-align: center;\">&ldquo;Home sale and listing activity is down compared to typical, long-term levels and up compared to the activity we saw in April 2020,&rdquo; Gerber said. &ldquo;Home buyers and sellers are adapting today, becoming more comfortable operating with the physical distancing requirements that are in place in the market.&rdquo;<\/p>\n<p style=\"text-align: center;\"><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/rodrhearyan.com\/blog\/wp-content\/uploads\/2026\/04\/general_stats_may_a.jpg\" alt=\"general stats may a\" width=\"1745\" height=\"450\" \/><\/p>\n<h4 style=\"text-align: center;\"><strong><a href=\"https:\/\/www.rebgv.org\/market-watch\/monthly-market-report\/may-2020.html\">For More Information: CLICK HERE<\/a><\/strong><\/h4>\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<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<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Metro Vancouver* home prices have remained steady since provincial health officials implemented physical distancing requirements in March. The Real Estate Board of Greater Vancouver (REBGV) reports &hellip;<\/p>\n","protected":false},"author":2,"featured_media":2472,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5],"tags":[],"class_list":["post-1647","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-area-statistics"],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/www.rodrhearyan.com\/blog\/wp-json\/wp\/v2\/posts\/1647","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=1647"}],"version-history":[{"count":1,"href":"https:\/\/www.rodrhearyan.com\/blog\/wp-json\/wp\/v2\/posts\/1647\/revisions"}],"predecessor-version":[{"id":3350,"href":"https:\/\/www.rodrhearyan.com\/blog\/wp-json\/wp\/v2\/posts\/1647\/revisions\/3350"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.rodrhearyan.com\/blog\/wp-json\/wp\/v2\/media\/2472"}],"wp:attachment":[{"href":"https:\/\/www.rodrhearyan.com\/blog\/wp-json\/wp\/v2\/media?parent=1647"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.rodrhearyan.com\/blog\/wp-json\/wp\/v2\/categories?post=1647"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.rodrhearyan.com\/blog\/wp-json\/wp\/v2\/tags?post=1647"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}