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Steady sales, reduced listings and virtually unchanged home prices in July

VANCOUVER, BC – August 4, 2021 – Metro Vancouver’s* housing market saw more
moderate sales, listings and pricing trends in July compared to the heightened activity
experienced throughout much of the pandemic.

The Real Estate Board of Greater Vancouver (REBGV) reports that residential home sales in the region totalled 3,326 in July 2021, a 6.3 per cent increase from the 3,128 sales recorded in July 2020, and an 11.6 per cent decrease from the 3,762 homes sold in June 2021.

Last month’s sales were 13.3 per cent above the 10-year July sales average. “Moderation...

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Housing market continues to moderate in June

Statistics released today by the Canadian Real Estate Association (CREA) show national home sales were down between May and June 2021.

Summary:

  • National home sales declined by 8.4% on a month-over-month basis in June.
  • Actual (not seasonally adjusted) activity was up 13.6% year-over-year.
  • The number of newly listed properties edged back by 0.7% from May to June.
  • The MLS® Home Price Index (MLS® HPI) rose 0.9% month-over-month and was up 24.4% year-over-year.
  • The actual (not seasonally adjusted) national average sale price posted a 25.9% year-over-year gain in June.

Home sales recorded...

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Fantastic First Half of 2021


Despite many challenges, the first half of 2021 has been fantastic and I could not have done it without my amazing clients and referrals. Thank you so much and cannot wait to see what the 2nd half of the year will bring. Congrats to all the June Top 10 realtors!

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Housing Market Activity Normalizing After a Frenetic Year

The British Columbia Real Estate Association (BCREA) reports that a total of 11,070 residential unit sales were recorded by the Multiple Listing Service® (MLS®) in June 2021, an increase of 34.7 per cent over June 2020. The average MLS® residential price in BC was $910,445, a 22.2 per cent increase from $745,194 recorded in June 2020. Total sales dollar volume was $10.1 billion, a 64.6 per cent increase from last year.

“As expected, housing market activity is calming to start the second half of 2021,” said BCREA Chief Economist Brendon Ogmundson. “That said, while down...

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Metro Vancouver’s housing market sets a steady, calmer pace to begin the summer season

While still elevated, home sale and listing activity in Metro Vancouver* has eased back from the record-setting pace seen in March and April of this year.

The Real Estate Board of Greater Vancouver (REBGV) reports that residential home sales in the region totalled 3,762 in June 2021, a 54 per cent increase from the 2,443 sales recorded in June 2020, and an 11.9 per cent decrease from the 4,268 homes sold in May 2021.

Last month’s sales were 18.4 per cent above the 10-year June sales average.

“Metro Vancouver’s housing market continues to experience strong seller’s market...

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Just Sold: 207 9288 University Cr., Burnaby, Burnaby North, SFU

This property is located in a trendy area that is less than an 8-minute walk from Simon Fraser Universtiy. The unit is very bright, clean & quiet & boasts a wonderful view of Mount Baker, the Fraser River, the inlet & awe-inspiring sunrises. The property is beautifully landscaped & the building is very well maintained. Within walking distance there is Nester Market, other shopping, a local pup & spectacular nature filled walking trails that extend to and beyond Burnaby Mountain. This is perfect for an investment or makes for an affordable home for a first time buyer. Showing...

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Just Sold: 28 9229 University Cr., Burnaby, Burnaby North, SFU

Serenity Garage Home

3 bed, 3 bath, 1403sqft

Updated Throughout

Priced at $824,800

Click here for more...

Rarely available and highly sought after. Looking for more space? Always wanted a garage? Your search ends here. This 3bed/3bath/3lvl/1403sqft home w/tandem garage is located in Serenity of UniverCity, Vancouver's premier lifestyle neighborhood. Main: open layout w/tons of light, separate living & dining rms, laminate floors, updated kitchen w/SS appls, quartz counters, breakfast bar, eating area, & 2pc bath. Enjoy the private, covered green space facing balcony. Up: master w/5pc ensuite,...

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Housing market continues to moderate in May

Statistics released today by the Canadian Real Estate Association (CREA) show national home sales and new listings were both down between April and May 2021.

Summary:

  • National home sales declined by 7.4% on a month-over-month basis in May.
  • Actual (not seasonally adjusted) activity was up 103.6% year-over-year.
  • The number of newly listed properties fell back by 6.4% from April to May.
  • The MLS® Home Price Index (MLS® HPI) rose 1% month-over-month and was up 24.4% year-over-year.
  • The actual (not seasonally adjusted) national average sale price posted a 38.4% year-over-year gain in...
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Strong Demand, Dwindling Supply for BC Housing Markets

The British Columbia Real Estate Association (BCREA) reports that a total of 12,638 residential unit sales were recorded by the Multiple Listing Service® (MLS®) in May 2021, an increase of 178.2 per cent over May 2020 when the onset of the COVID-19 pandemic prompted a lockdown of the provincial economy. The average MLS® residential price in BC was $916,340, a 26.2 per cent increase from $726,335 recorded in May 2020. Total sales dollar volume was $11.6 billion, a 251 per cent increase from last year.

“Provincial housing markets continue to calm after peaking in March,” said...

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Just Sold: 302 9298 University Cr., Burnaby, Burnaby North, SFU


Bright, open and clean studio condo in convenient location atop Burnaby Mountain by Simon Fraser University. Solid concrete, quiet building (Novo I) 9' x 5' covered balcony. Well equipped fitness room in building. 1 parking, granite counters. Very functional floor plan. Rentals allowed and great investment.

Listing offered by: Sutton Group-West Coast Realty

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May 2021 Top 10
Congrats to all my fellow realtors and a big "Thank You" to all my clients for Trusting The Value in my services for their real estate Needs!
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Just Listed: 28 9229 University Cr., Burnaby, Burnaby North, SFU

Serenity Garage Home

3 bed, 3 bath, 1403sqft

Updated Throughout

Priced at $824,800

Click here for more...

Rarely available and highly sought after. Looking for more space? Always wanted a garage? Your search ends here. This 3bed/3bath/3lvl/1403sqft home w/tandem garage is located in Serenity of UniverCity, Vancouver's premier lifestyle neighborhood. Main: open layout w/tons of light, separate living & dining rms, laminate floors, updated kitchen w/SS appls, quartz counters, breakfast bar, eating area, & 2pc bath. Enjoy the private, covered green space facing balcony. Up: master w/5pc ensuite,...

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Home sale and listing activity in Metro Vancouver moves off of its  record-breaking pace

The Metro Vancouver* housing market saw steady home sale and listing activity in May, a shift back from the record-breaking activity seen in the earlier spring months.

The Real Estate Board of Greater Vancouver (REBGV) reports that residential home sales in the region totalled 4,268 in May 2021, a 187.4 per cent increase from the 1,485 sales recorded in May 2020, and a 13 per cent decrease from the 4,908 homes sold in April 2021.

Last month’s sales were 27.7 per cent above the 10-year May sales average.

“While home sale and listing activity remained above our long-term averages in May,...

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Just Sold: 413 9150 University High St., Burnaby, Burnaby North, SFU

Gorgeous Southern Views

3 bed, 3 bath, 1265sqft

Priced at $768,800

Click here for more...

Stunning South facing, top floor corner home with endless views from every room! Located in Origin, found at UniverCity; Vancouver's premier lifestyle neighborhood. This 3bed/3bath/1265sqft home with open, spacious plan and an abundance of light will not disappoint. Features: freshly painted, 9' ceilings, laminate floors w/radiant heat, functional kitchen & large island w/breakfast bar, gas stove, stone counters, plenty of cupboard & counter space, loads of in-suite storage, excellent sized balcony...

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Housing market moderates in April compared to March

Statistics released today by the Canadian Real Estate Association (CREA) show national home sales were down from March to April 2021.

Summary:

  • National home sales declined by 12.5% on a month-over-month basis in April.
  • Actual (not seasonally adjusted) activity was up 256% year-over-year.
  • The number of newly listed properties fell back by 5.4% from March to April.
  • The MLS® Home Price Index (HPI) rose 2.4% month-over-month and was up 23.1% year-over-year.
  • The actual (not seasonally adjusted) national average sale price posted a 41.9% year-over-year gain in April.

Home sales recorded over...

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Thrilled To Be Ranked #1 in Social Media in Burnaby

#1: Hafez Panju

Royal LePage

When you hire someone to do something for you, you want the best of the best which is why you want Hafez from Burnaby. Tune into Hafez’s social media to stay on top of the Burnaby market!  

Instagram Highlights

 2,039 Followers
 27 Average Likes Per Post

 Quality Photos
 Great Graphic Design
 
Congrats, to all the other Realtors!
 
 
Provided By: Property Spark
 

Our researchers go through thousands of agents by searching hashtags, review sites,...

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Just Sold: 404 9339 University Cr., Burnaby, Burnaby North, SFU

Immaculate Condition

3 Bed, 2 bath 1239sqft

Priced at $598,800

Click here for more...

This bright, open 1239sqft/3bed/2bath corner home has large windows with plenty of natural light. Enjoy the treed lined views & sounds of nature from your covered balcony. Located in Harmony at the Highland, a pet & rental friendly building, in UniverCity, Vancouver's premier lifestyle neighborhood. Features: freshly painted, open living & dining rooms, excellent room separation, spacious kitchen w/eating area & newer stainless appliances & more. Enjoy cozy warmth from the gas F/P. The huge...

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BC Markets Calming but Sales Still on Record Pace

The British Columbia Real Estate Association (BCREA) reports that a total of 13,683 residential unit sales were recorded by the Multiple Listing Service® (MLS®) in April 2021, an increase of 312.3 per cent over April 2020 when the onset of the COVID-19 pandemic prompted a lockdown of the provincial economy. The average MLS® residential price in BC was $946,606, a 29.1 per cent increase from $733,330 recorded in April 2020. Total sales dollar volume was $12.9 billion, a 432.2 per cent increase from last year.

“Although provincial home sales were down slightly from an all-time high...

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Just Listed: 404 9339 University Cr., Burnaby, Burnaby North, SFU

Immaculate Condition

3 Bed, 2 bath 1239sqft

Priced at $598,800

Click here for more...

This bright, open 1239sqft/3bed/2bath corner home has large windows with plenty of natural light. Enjoy the treed lined views & sounds of nature from your covered balcony. Located in Harmony at the Highland, a pet & rental friendly building, in UniverCity, Vancouver's premier lifestyle neighborhood. Features: freshly painted, open living & dining rooms, excellent room separation, spacious kitchen w/eating area & newer stainless appliances & more. Enjoy cozy warmth from the gas F/P. The huge...

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Supply response emerges in Metro Vancouver’s active housing  market

Home sellers have become increasingly active in Metro Vancouver’s* housing market this spring in response to heightened demand and rising home values that have materialized during the pandemic.

The Real Estate Board of Greater Vancouver (REBGV) reports that residential home sales in the region totalled 4,908 in April 2021, a 342.6 per cent increase from the 1,109 sales recorded in April 2020, and a 14 per cent decrease from the 5,708 homes sold in March 2021.

Last month’s sales were 56.2 per cent above the 10-year April sales average and is the highest total on record for the month....

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JUST SOLD - 210 9150 University High Street
1 Bedroom/1 Bath633 sqftOffered at $378 800Click for more infoEnjoy the peace & tranquility this area...
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Housing Market Activity Uneven Across BC Regions
Vancouver, BC – August 13, 2026. The British Columbia Real Estate Association (BCREA) reports that 6,561...
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Simon Fraser
Market Update

Altaire by Polygon

Altaire built in 2008/2009 reaches higher then any other condo building in Metro Vancouver offering panoramic views.

Novo I by Intergulf

Novo I built in 2007 known for the amazing sight lines and views from most units and balconies up to 1000 sq ft.

Novo II by Intergulf

Novo II built in 2007 known for the amazing sight lines and views from most units and balconies up to 1000 sq ft.

Aurora by Polygon

Aurora built in 2006 with 103 condos featuring 36 unique floor plans ranging from 715 sq ft to 1500 sq ft.

One University by Millennium

One University built in 2005 is UniverCity's flagship building with luxury homes featuring semi private elevators.

Harmony by Polygon

Harmony built in 2005 was the first condo development at Univercity & as a result offers a unique setting & views.

Serenity Townhomes by Polygon

Serenity is a collection of 2 bedroom townhomes of 1100 sq ft ranging to 4 bedroom 2000+ sq ft townhomes.

The Hub by Liberty Homes

The Hub built in 2009 is set atop Nester's Grocery and steps from High Street giving these homes an urban feel.

Verdant by VanCity Enterprises

Verdant is a two storey town home building built with environmental design and stylish living spaces which complement the modern exterior of these SFU homes.

Origin by Porte Development

Origin is designed by GBL Architect & BYU Interior Designs, developed by Porte Development Corp. and marketed by Red Dot Real Estate.

Nest by Mosaic

Located on UniverCity High Street across from the new University Highlands elementary schools this refreshing building will add further depth to a growing community.

Highland House by Liberty Homes

A 12-storey concrete high-rise development and targeted towards Rental Investors and First-Time Condo Buyers.

Lift by Porte Development

Lift will be a wood frame building comprising of 56 homes. Building technologies, environmental features, and price points should be similar to Origin.

Altitude by Hungerford Group

Altitude will be a 2 tower development comprising of a 12 and 14 story building with a total of 210 strata units.

CentreBlock by Liberty Homes

CentreBlock at UniverCity atop Burnaby Mountain is the latest condo project with sales commencing early 2014. .

Reciprocity Logo The data relating to real estate on this website comes in part from the MLS® Reciprocity program of either the Greater Vancouver REALTORS® (GVR), the Fraser Valley Real Estate Board (FVREB) or the Chilliwack and District Real Estate Board (CADREB). Real estate listings held by participating real estate firms are marked with the MLS® logo and detailed information about the listing includes the name of the listing agent. This representation is based in whole or part on data generated by either the GVR, the FVREB or the CADREB which assumes no responsibility for its accuracy. The materials contained on this page may not be reproduced without the express written consent of either the GVR, the FVREB or the CADREB.