Monthly Rental Market Report - December 2022

After months of skyrocketing rental prices in Metro Vancouver, renters finally experienced some relief in December. For only the second time in 2022, an average drop of $90 has been recorded. The average monthly rate for unfurnished one-bedroom units res...
Read MoreMonthly Market Report - November 2022

While typically a quiet month of market activity based on seasonal patterns, November home sale and listing totals lagged below the region’s long-term averages. The Real Estate Board of Greater Vancouver (REBGV) reports that residential home sales in t...
Read MoreMonthly Rental Market Report - November 2022

November sees yet another month-to-month average price increase in Metro Vancouver. From October to November 2022, the region-wide average rent increased by $61 to a new average of $2,317 per month for an unfurnished, one-bedroom unit. This marks yet anot...
Read MoreMonthly Market Report - October 2022

Home sale activity across the Metro Vancouver* housing market continued to trend well below historical averages in October. The Real Estate Board of Greater Vancouver (REBGV) reports that residential home sales in the region totalled 1,903 in October 2...
Read MoreMonthly Rental Market Report - October 10, 2022

October sees Metro Vancouver’s average rent prices continuing to rise, albeit just barely. As the dust settles following the busy summer renting season, we’re starting to see rent prices settle in once again, just above the $2,250 mark. Between September...
Read MoreMonthly Market Report - September 2022

Home sellers were more active in Metro Vancouver’s* housing market in September while home buyer demand remained below the region’s long-term averages. The Real Estate Board of Greater Vancouver (REBGV) reports that residential home sales in the region...
Read MoreMonthly Rental Market Report - September 2022

Metro Vancouver’s rental averages vary greatly across the region, so we’ve broken up our data by municipality/city to compare the cost of one-, two-, and three-bedroom rates for both furnished and unfurnished units in different areas.
Read MoreMonthly Market Report - August 2022

Metro Vancouver’s housing market is experiencing a quieter summer season marked by reduced sale and listing activity. The Real Estate Board of Greater Vancouver (REBGV) reports that residential home sales in the region totalled 1,870 in August 2022, a...
Read MoreMonthly Rental Market Report - August 2022

Following a slight dip in July, Metro Vancouver’s rent prices are heating up again with a huge $147 increase in average rent since last month. Soaring all the way from $2,029 in July to a sky-high $2,176 this August, Vancouver’s rental market looks to con...
Read MoreHow to Choose the Best Property Management Company in Vancouver

Investing in real estate has proven to be a great way to earn passive income. You can earn monthly profits from renting your property. Or, you could earn a massive profit when you sell the home a few years after watching the value of the home increase sig...
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