Strong December activity brought Metro Vancouver’s* 2020 home sales total in line with the region’s long-term annual average.

The Real Estate Board of Greater Vancouver (REBGV) reports that residential home sales in the region totalled 30,944 in 2020, a 22.1 per cent increase from the 25,351 sales recorded in 2019, and a 25.7 per cent increase from the 24,619 homes sold in 2018.

Last year’s sales total was 2.8 per cent below the 10-year sales average.

“When the pandemic began in March, the housing market came to a near standstill. We knew, however, that shelter needs don’t go away in times of crisis, they intensify," Colette Gerber, REBGV Chair said. “The real estate community worked closely with our regulatory...

Don’t get discouraged if your property hasn’t sold during its first appearance on the market.  Your home may actually have been one of the most appealing listings of its kind—and the reasons it didn’t sell may have nothing to do with the property itself or the market.  Rather, a number of separate factors may have influenced the outcome.  Take a step back, break your original selling method into parts, and allow yourself time to evaluate each one.  Make a commitment.  Establish a new approach.  Stick to it.  A reassessment of your system, and a shift in perspective, may be just what you need to realize your ultimate goals in the sale of your home. 

If your listing has expired, you...