Anshu Arora LLM, MSc, PMP

Cell 604-828-7331 | yourbcagent@gmail.com

Vancouver real estate: 2020 sales so far surpass whole of 2018, 2019!

Residential and land sales so far this year in the city of Vancouver exceed annual numbers for 2018 and 2019. These are numbers from January to November 2020, and sales in December have yet to be counted.


Sales in 2020 so far from January to November exceed the whole of 2019, meaning 12 months of the year, in Vancouver, which numbered 7,357. Year-to-date sales also surpass the whole of 2018 in Vancouver, which came to 7,285. The same is happening on a regional level.


The MLS® Home Price Index composite benchmark price for all residential properties in Metro Vancouver is currently $1,044,000. This represents a 5.8 per cent increase over November 2019.


Attached home sales in November 2020 totalled 632, a 40.1 per cent increase compared to the 451 sales in November 2019. The benchmark price of an attached home is $814,800. This represents a 5.6 per cent increase from November 2019.


Now is the time to buy and sell!

The data relating to real estate on this website comes in part from the MLS® Reciprocity program of either the Real Estate Board of Greater Vancouver (REBGV), 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 REBGV, 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 REBGV, the FVREB or the CADREB.