Home buyers and sellers have gradually become more active in each month of the COVID-19 pandemic. In June, home sale and listing activity in Metro Vancouver* returned to more historically typical levels.
The Real Estate Board of Greater Vancouver (REBGV) reports that residential home sales in the region totalled 2,443 in June 2020, a 17.6 percent increase from the 2,077 sales recorded in June 2019, and a 64.5 percent increase from the 1,485 homes sold in May 2020.
There were 5,787 detached, attached and apartment properties newly listed for sale on the Multiple Listing Service® (MLS®) in Metro Vancouver in June 2020. This represents a 21.8 percent increase compared to the 4,751 homes listed in June 2019 and a 57.1 per cent increase compared to May 2020 when 3,684 homes were listed.
The total number of homes currently listed for sale on the MLS® system in Metro Vancouver is 11,424, a 23.7 percent decrease compared to June 2019 (14,968) and a 15.1 per cent increase compared to May 2020 (9,927).
Contact Jacob & Jacky About Selling
If you are considering selling please visit our ‘Working Together’ page. There you will find an option for an online evaluation tool, or feel free to reach out to us for a more personal assessment of your home. Contact us today.