Discover BC Real Estates Market Statistics
Discover the latest Market Statistics and stay informed on real-time Real Estate Market conditions. Our updated Market Stats track prices, sales trends, inventory levels, and key indicators to help you understand where the market is heading. Whether you’re buying or selling, this data gives you a clear picture of current activity and long-term trends in Metro Vancouver real estate market.
The real estate market can be VERY different from one community to another. Comparing statistics from different neighbourhoods (cities) can help identify the best property value. Contact us if you’d like to receive regular updates comparing the market in multiple neighbourhoods, or if you’d like to discuss where the best bargains can be found!
Check the Housing Market in Vancouver – Performance by City for the past 5 years.
Discover the latest trends and data in Greater Vancouver’s market by watching our monthly Market Statistics videos! Each video provides expert insights and a detailed breakdown of current market conditions. Whether you’re a buyer, seller, or just staying informed, these videos will help you understand the market and make better decisions. Be sure to catch every update to stay ahead!
How to Read Market Charts
Interpreting these charts is not difficult, but it might take a few minutes of study the first time you look.
MLS® HPI Price: Indicates the current sale price of a “representative” house, condo or townhouse. The exact number isn’t what’s important here – look at the trends to assess how the market is moving relative to the past three years.
Median Sales Price: The median sales price is the middle price of all homes sold in a specific period. Half of the sales were above this price, and half were below. It reflects the actual prices buyers and sellers agreed on, but it can swing up or down depending on what types of homes happened to sell that month (e.g., more luxury homes or more entry-level units).
Total Inventory: The total number of homes currently listed for sale at the end of the month. This shows how much supply is available in the market. Rising inventory usually signals more selection for buyers, while declining inventory can indicate tightening conditions and increased competition.
New Listings: The number of homes that were newly added to the market during the month. This shows how much fresh supply is entering the market. Higher levels of new listings mean more options for buyers, while lower levels can signal limited selection and increased competition for available homes.
Sales: The total number of homes that successfully sold during the month. The stronger the market, the greater the number of sales!
Sales to Active Ratio: This ratio is widely used by industry insiders to quantify the strength of the market. It represents the percentage of the available inventory that is sold each month. Generally speaking, a ratio of below 0.12 indicates a slow market (“a buyer’s market”), while a ratio of over 0.20 indicates a hot market (“a seller’s market”), with many more buyers than sellers and intense competition for properties. A ratio between 0.12 and 0.20 reflects a “balanced” market, where the number of sellers and the number of buyers are roughly balanced.
Find more in depth reports below.
Where These Stats Come From
Greater Vancouver Realtors® (GVR) compiles and analyzes numerous factors affecting Real Estate Market, and provides accurate and up-to-date information.
Access the full Fraser Valley market stats for more insight.
Come back often to check on BC Real Estate Market Statistics, and don’t hesitate to call us to discuss!
Just want to see a summary of price changes for the entire Greater Vancouver & Fraser Valley? The Real Estate Boards of Greater Vancouver and the Fraser Valley each publish a “Home Price Index” (HPI Price) for a “representative” home, useful for seeing trends in the real estate market – see graphs below!