MARKET SUMMARY - VANCOUVER REAL ESTATE, DECEMBER 2021

SELLER’S MARKET

“We begin 2022 with just over 5000 homes for sale…this is the lowest we’ve seen in more then 30 years.”

- Keith Stewart, REBGV economist.

Highlights

  • 2,688 units sold, 33.4% above the 10 year sales average

  • 1,945 units (all types) new listings, 19.3% DECREASE YOY, 50.9% DECREASE MoM

  • 5,236 total units listed - 37.7% DECREASE YOY, and 26.7% DECREASE MoM

  • 51.3% sales-to-active listings ratio across all property types

  • FULL REPORT

Notes & Forecast


Real Estate Board of Greater Vancouver Statistics

Inventory


Sales


Price MLS HPI Price (Benchmark)


Sales-to-Active Listings Ratio